After a string of foreign deals in the last few years, including Tata Motors' purchase of Land Rover and Jaguar brands from Ford for $2.3 billion this year, attempts by Indian companies to acquire assets abroad are increasingly hitting roadblocks. At least, the recent attempts by Indian companies suggest so.
Budget 2014-15 has done away with the tax sunset clause of March 2014.
The CAG said the strategic missile system, which were to be deployed on the China border, procured from the state-run Bharat Electronics Ltd were deficient in quality.
The decision to disengage the forces, locked in a bitter standoff for the last six weeks in eastern Ladakh, was taken at a nearly 11-hour-long meeting between senior Indian and Chinese commanders in Moldo on the Chinese side of the Line of Actual Control (LAC) on Monday.
This is the first time that a US firm like Raytheon has offered to provide technology for the licensed production of a precision guided weapon system though firms from other countries have offered expertise to build similar systems.
Automakers are caught in a chicken-and-egg situation: Prices have to come down if volumes are to increase, and volumes won't increase unless prices come down, notes Pavan Lall.
It claims to be ahead of its competitors in the segment.
The chief of air staff said Chinese actions along the frontier including in the Ladakh sector are being monitored constantly and the IAF's overall preparations are part of continuing efforts irrespective of challenges from China.
This was the first time General Rawat flew in the home-made fighter jet, known for its agility, being the smallest and lightest multirole supersonic fighter jet in its class.
The Republic Day parade, which will begin at around 1030 am, will be a unique mix of the country's military prowess and cultural diversity, depicting the country's growing indigenous capabilities, Nari Shakti and emergence of a 'New India'.
JLR yet to decide on the exact location.
'Rafales can play an important role in doing DEAD (Destruction of Enemy Air Defence) on the Surface-to-Air Missiles that the Chinese have put on Tibet'
The Tata group is looking to make a foray into semiconductor (also known as chips) manufacturing and it has set up a business to seize the opportunity, Chairman N Chandrasekaran said on Monday. "At the Tata group, we have already pivoted into a number of new businesses like electronics manufacturing, 5G network equipment as well as semiconductors, in all probability," he said while speaking at the annual general meeting of the IMC Chamber of Commerce and Industry. Chandrasekaran said global supply chains, currently heavily dependent on China, would see a big change in a post-pandemic world with businesses shifting their reliance to other countries.
The Indian Air Force is monitoring the developments along the western front, he said.
India's corporate honchos spent a considerable time and energy this year at deal tables and executed over thousand transactions involving sale or purchase of equity stakes in their companies. On an average, every single day of 2007 saw about three deals being announced. This included a total of 1,047 merger and acquisitions as well as private equity deals for a total value of $68.32 billion (about Rs 2,75,000 crore).
Since price is a big stumbling block, the company is looking at assembly of Evoque in India.
And it feels entirely different when compared to all its earlier avatars, observes Pavan Lall.
A hike in cess on luxury cars will not only hinder Jaguar Land Rover's network expansion but also prevent it from introducing new technologies in India, JLR India managing director Rohit Suri tells Shubham Parashar in an interview.
From powering mobile devices, US chip designer Qualcomm has tied up with Ola Electric to power its electric scooters. Qualcomm is providing the key 4G connected octa core android platform which provides connectivity, computing capabilities and enables rich immersive displays with power saving software.
The new model will be available in three engine options of 2-litre petrol, 2-litre diesel and 3-litre diesel
'Anglo-Indians have played a significant role at the forefront, meeting every challenge to the security of the motherland.' A fascinating excerpt from Barry O'Brien's The Anglo-Indians: A Portrait of a Community.
Maruti, which is majority owned by Suzuki Motors of Japan, pays massive tax, generates huge employment (its staff are almost entirely Indians) and also makes its investors extremely rich. JLR, on the other hand, though owned by Tata has its factories in England and China and in every way (sales, employment, technology) has nothing Indian about it.
Tata Motors is looking at various measures, including direct buying from stockists and making changes in the product configurations, to offset the impact of semiconductor shortage on its production activities and sales, a top company official has said. The auto major, which sells models including Nexon, Harrier and Safari in the domestic market, is also looking at different kinds of chips which could be used in components where the supply situation is severe. The automaker expects the situation to remain challenging in the ongoing quarter and some improvement in supplies only in the second half of the fiscal.
With the Rafale contract in limbo, the upgrade of IAF's Mirage 2000 and Jaguar fighters has become vitally important.
Tata Motors' luxury automotive brand, Jaguar, bagged a three-year order to supply 13,000 units of its range to a Chinese company earlier this year. Its Land Rover, jointly with Jaguar, is charting new territories for expansion.
Carmakers are gearing up to launch a number of thrilling cars within a year.
It will also double employment at the site to around 1,400.
Prime Minister Narendra Modi on Tuesday accused the previous governments in Uttar Pradesh of letting poverty and the mafia take over the state's eastern part, saying that the Bharatiya Janata Party government is now writing a new chapter of development there.
Audi's 2015 sales were three per cent higher than its 2014 sales, which stood at 10,851 units.
Pride is all ours and of those who made a beeline to Halls 3 and 5 that showcased indigenous defence technologies at the Make In India Week.
Just before the 2008 financial crisis made headlines, Indian companies were on a global buying spree. In the fifth part of the series, Dev Chatterjee and Krishna Kant discuss how the crisis came as a black swan event for some, changing the mood from exuberance to despair.
Tata Motors, say sources, instructed advisers in the past fortnight to begin evaluating the merits of a joint offer for Jaguar and Land Rover.
Indian businesses' weak ability to compete overseas says much about the infirmities imposed by the intensity of government dominance of economic policy and the nature of this dominance, observes Kanika Datta.
Wheeling round, a look of utter shock on its face, a marmot jumps in fright after a young fox sneaks up behind it. The split-second encounter between prey and predator -- called the Moment -- has won the man who captured it the title of Wildlife Photographer of the Year. He was chosen from a longlist of various category winners, all of whom managed to record the oddities, rivalries and beauty of the natural world. Scroll down for some of the winners.
The newly-inducted aircraft will carry out the 'Vertical Charlie' formation.
There's a car and bike to match every personality and every budget in 2018, say P Tharyan and Joshua David Luther
The Indian Air Force carried out intensive night operations involving its fighter aircraft including the MiG-29 and Sukhoi-30MKI along with its Apache attack helicopters and the Chinook heavy-lift helicopters.
Here are glimpses of what to expect at this R-Day parade.
Come Sunday, India's automobile industry will achieve a unique distinction of showcasing both the world's cheapest car Nano and two of the costliest brands -- Jaguar and Land Rover -- from the Tata Group.
