Japanese auto major Suzuki Motor Corporation (SMC) on Wednesday said its long-serving chairman Osamu Suzuki will retire and assume the role of senior advisor subject to shareholders' approval in the ordinary general meeting to be held in June this year.
The contractual workers at Halol were severed by 2016 as the contracts were not renewed, while the permanent workers were offered a separation package in the form of a voluntary retirement scheme
Dairies, milk plants, grocery shops, chemists and petrol pumps, ATMs, e-commerce services of essential items like food and medicines will remain open, he said.
One of the challenges for those car graves is that Indian owners often find markets for their old cars rather than send them to scrapyards.
Earlier in the day, Russia was banned from defending its Davis Cup and Billie Jean King Cup titles but its players will still be allowed to compete at the Grand Slams and in regular tour events.
Making a debut in India with an SUV, Citroen's products in the next couple of years will clearly chart and define its destiny in what has become both a vibrant but also a daunting market for foreign entrants, says Pavan Lall.
These companies have survived bankruptcies.
For a time it looked as if Apple would never relinquish the top spot in terms of market value.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The intrusions into India were likely carried out by the PLA's better trained and equipped 'mobile operational units'.
The Fortune's 40 under 40 list for this year was topped by Adam Neuman, Co-founder and CEO, WeWork.
A large number of American companies like Google, Uber and IBM are offering their resources to help India successfully fight the battle against the deadly coronavirus pandemic.
During September, Maruti said it dispatched 1,375 units of the soon-to-be-launched sedan Ciaz.
Company signs MoU with state for its three-year plan; ties up with Subhash Ghai firm for content creation
'If you behave like a nail, the adversary will behave like a hammer.'
'Cyrus was always very different. He would think before acting.'
The recently anointed managing director and chief executive officer at Maruti Suzuki India Ltd tells Business Standard how he intends to get back to over 50 per cent share in the domestic market, apart from a larger role in the parent's global operations.
The artificial intelligence-based system aims to authorise cashless claims within 60-90 seconds and bring the turnaround time for investigations down to a one day, or even a few hours.
The truck operators, who are on strike since Saturday to protest a new service tax, are likely to meet finance ministry officials on Thursday in a bid to end their agitation that has disrupted movement of goods and pushed up prices.\n\n\n\n
For Hero MotoCorp, India's largest two-wheeler company, it's a calculated gambit to revive Harley-Davidson whose ride in India has been anything but easy since it got here.When automotive firms embark on alliances, it's a roll of the dice on how such marriages will play out.
GM has invested $1 billion in the country since 1996.
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
The Mahindra group's Igatpuri plant becomes the first in India to be declared carbon-neutral. Ashish Narsale / Rediff.com finds out how this was achieved.
The new Scorpio came after a gap of 24 months since its last launch, during which the competition launched a slew of products.
The trouble is largest FDI projects in India have had a tragic history.
'I have always believed that life doesn't get easier or more forgiving; we only get stronger and more resilient.'
The world's biggest lockdown that shut a majority of the factories and businesses, suspended flights, stopped trains and restricted movement of vehicles and people, may have cost the Indian economy Rs 7-8 lakh crore during the 21-day period, analysts and industry bodies said.
The shortest duration for which one can buy travel insurance is seven days.
Sources claim that 68-70 per cent of the workers at Halol are permanent ones, while the balance is tilted towards contractual workers at Talegaon.
Most listed corporate entities in the country are in a fix. With the sudden declaration in late March of a nationwide lockdown to tackle the Covid-19 pandemic, the final calculations of their financial results for the year 2019-20 (FY20) are hanging in limbo. Till April 19, only 41 of the 3,947 companies listed on the BSE have managed to finalise the dates for the declaration of their yearly financial results.
PM to launch works on Zojila tunnel, other infrastructure projects.
The US is still a place for innovation and entrepreneurship, and it is good to see Indian Americans and immigrants contributing to this in a major way, says K V Seshasayee who visited the US after four years and found the gloom had dissipated.
Though the intent has been hailed as good for the economy, teething problems remain with a five-rate structure for various goods and services
Several people succumbed to their injuries sustained in the blasts, taking the death toll to 359.
'Hardly any aqua centres exist in India though they are popular abroad.' 'Water is known for its buoyancy which reduces pressure on joints. So, you can exercise effectively underwater, provided you have the right experts guiding you,' Harsh Mariwala tells Viveat Susan Pinto.
These ambitious projects are littered with every possible acronyms and include proposed road links, air connectivity plans, electricity grids and special economic zones on coasts, says Subhomoy Bhattacharjee.
Rebound in IT majors TCS and Infosys in late trades helped markets end higher.
Govt depts, banks prone to information leakage.
India Inc has few leaders who are likely to grab headlines in 2015.
Prime Minister Narendra Modi has five key aspects to his style of leading -- total command over bureaucracy, direct approval on every decision, flexible approach to issues, importance of communication and adept at repackaging schemes, says A K Bhattacharya.
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