The vehicle will be produced at Mahindra Reva's recently inaugurated plant in Bengaluru, the company said.
All the corporate accused had challenged the special CBI court's order declining their bail pleas and directing their arrest on April 20.
The flight carrying senior Bharatiya Janata Party leaders which developed a mysterious snag in New Delhi on Monday was reportedly registered with a subsidiary of the DB group, owned by Shahid Balwa and Vinod Goenka, whose alleged role in the 2G spectrum is being probed by the Central Bureau of Investigation.
Shapoorji, Kalpataru, Godrej pursuing Rs 60,000 crore opportunity in the region
The market shares has already tumbled to 48 per cent from the earlier 56 per cent.
Banerjee has fulfilled two key electoral promises: Ridding Lalgarh of Naxals and bringing peace to Darjeeling
News of all that transpired on and off the football field.
Welspun now wants to shift focus back on the core business of steel and pipes rather than the big-ticket infrastructure sector.
A court in New Delhi told the police to give ten working days time to Zee Group Chairman Subhash Chandra and his son if it wants to arrest them in the case of alleged Rs 100 crore-extortion bid from Congress MP Naveen Jindal's firm by two editors of the news channel.
Zee News on Tuesday demanded the immediate release of its two senior journalists arrested in an extortion case filed by Congress MP Naveen Jindal, alleging that the police action was "illegal" and "designed for something else".
With a small team of like-willed youngsters, Himanshu Goenka is creating opportunities for underprivileged children to dream big.
Bollywood actor Aamir Khan has been slapped with sedition charges in Kanpur sessions court for his 'intolerance' statement and the hearing is set to take place on December 1.
The Supreme Court has granted bail to five corporate executives in 2G spectrum case.
In contrast to their lavish lifestyle, all the five spent their night in a 90 square feet Tihar prison cell.
West Bengal Chief Minister Mamata Banerjee's maiden visit to the financial capital Mumbai drew an enthusiastic response from India Inc with industry captains queuing up to attend the meeting called by her.
A special court on Thursday acquitted all accused in the 2G spectrum allocation scam cases. The scam relates to the granting of 2G spectrum licence allocations in 2007-08 which caused, according to a report by the Comptroller and Auditor General of India, a loss of Rs 1.76 lakh crore. Here is a detailed timeline of how the case came to light and how it has progressed over the years:
Gautam Doshi, Surendra Pipara and Hari Nair, senior executives of the Reliance ADA Group who were granted bail on Wednesday by the Supreme Court in the 2G spectrum scam case, will provide major relief to their high-profile boss Anil Ambani.
Diversified corporate house RPG Group will invest an estimated Rs 13,000 crore (Rs 130 billion) on tyre, retail and power businesses in the next couple of years.
Chandra, who will turn 69 years old on Saturday, becomes non-executive director with immediate effect.
RPG Enterprises' vice-chairman is upbeat about retail firm Spencer's and talks of a pan-India growth plan for power company CESC.
Mahindra could not provide details of where the plant would be located in South Africa and how much would be invested on it, but merely indicated that a feasibility study had been completed.
RPG Group, which owns the Spencer's brand of retail stores, will invest Rs 1,000 crore (Rs 10 billion) for opening nearly 365 supermarkets in the next one year.
RPG Cellucom, latest venture of the RPG Group in mobility retail plans to capture three per cent of the market share with revenues of Rs 3,500 crore (Rs 35 billion) in financial year 2008-09.
It would pave the way for Jammu and Kashmir to attract large-scale investments, the industry leaders said.
C K Birla group company Hindustan Motors has reported 50 per cent erosion in peak net worth and accumulated losses of the company stood at Rs 132 crore (Rs 1.32 billion).
Brokerage Edelweiss Securities said if the NDA returns to power with a clear majority in line with exit polls, markets would rejoice the policy continuity.
Seeking stringent action against the perpetrators of the Pulwama attack, India Inc said 'now we have to make sure that the world knows that they can't mess with us'.
CEAT was for all practical purposes a sick company in 2001.
Nearly all FMCG companies like Marico, HUL, ITC and the rest have been indicating that the operating environment has been challenging, with drop in consumption, especially in rural areas, severe crunch in market liquidity conditions, and disruptions and floods in several parts of the country. To overcome this, they are boosting their direct reach in the countryside.
Indian companies realise several business opportunities ahead of International Yoga Day on Sunday
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While private equity giant Blackstone and Pune-based realtor Panchshil Realty had offered Rs 800 crore for the building at Nariman Point, the building's owners -- Viveck Goenka, chairman and managing director of the Indian Express Group, and private equity firm ICICI Venture (which has 49 per cent stake in the property) -- expected the sale to fetch Rs 900 crore, said the executive.
The 'T' group stocks refers to stocks which are only allowed to be traded on a delivery-basis.
The IPL Players' draft to allow two new franchises based in Pune and Rajkot pick 10 players of their choice will be held at the Mumbai Cricket Association's clubhouse in the Bandra-Kurla Complex on December 15.
M&M also showcased its new format next generation 'dealership of future' designed by Pininfarina.
A foreign visitor to the city agreed, but with a note of caution. "West Bengal as an investment destination remains to be first on the list for the Australian mining companies as this state is rich in minerals," said John McCarthy, Australian High Commissioner to India, in Kolkata to attend a seminar.
Mahindra and Mahindra's (M&M) agri business division has forayed into branded pulses space with NuPro brand.
Zee and Star, the two largest media companies in India, are undergoing some radical ownership changes. What could it mean? Vanita Kohli Khandekar attempts an answer.
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