BJP workers depend on Annamalai's popularity to emerge victorious. He has has made 100 promises to be fulfilled in 500 days and assurances include cleaning up rivers, an international airport and food vans named after former Chief Minister K Kamaraj.
The top brass of Maruti Udyog Ltd, India's largest carmaker, is in Japan to work out with its parent Suzuki Motor Corp the details of the action plan for the mega Rs 6,000 crore (Rs 60 billion) investment announced recently.
Exports of Made in India vehicles went up by a whopping 56 per cent during the last fiscal as cars, commercial vehicles and two-wheelers continued to charm overseas buyers.
The company is finding it extremely difficult to absorb increasing input costs, especially steel.
The company exported 3,917 units during June compared to 3,799 units in the same month last year, up 3.1 per cent year-on-year, MUL said in a statement.
Honda Siel's mid-size car City, Ford's Endeavour sports-utility-vehicle and Bajaj Auto's Wind motorcycle bagged the top honours at the 3rd CNBC Autocar awards in New Delhi.
The company has had a great 2006-07 but the competition could creep up on it this year
The government is likely to decide on the selling price of shares in the joint venture car company Maruti Udyog Ltd by June 21, two days after the bids for the public offer close.
The new year is expected to witness a flurry of activity from car manufacturers, who are getting ready to launch a series of models. Take a look at the oncoming traffic.
General Motors HAS appointed Arvind Saxena, former Managing Director of Volkswagen Passenger Cars India, as the President & Managing Director of its Indian unit.
Maruti Udyog Limited said on Monday it was ready to face any challenge and retain leadership position in the car market in short to medium- term.\n\n
Commercial vehicle sales too grew at an impressive 68.59 per cent in April 2006, with total volume at 28,475 units, against a total volume of 16,890 reported in the same month last year.
Maruti Udyog is all set to launch the Suzuki Swift in India.
Domestic car sales rose by 15.2 per cent in March 2003 as the top three automakers, Maruti Udyog, Hyundai and Tata Engineering, reaped benefits.
The Securities and Exchange Board of India (Sebi) has cleared the draft red herring prospectus (DRHP) of the state-owned Life Insurance Corporation of India (LIC). According to investment banking sources, the so-called final observations were issued by the market regulator on Tuesday evening. Following the market regulator's nod to the IPO papers, the insurer can launch its share sale. However, LIC may not launch its IPO immediately given the current volatile market conditions.
Rahul Bajaj was transparent, outspoken, and not ready to bend the rules, says R C Bhargava.
A major fire broke out at GAIL's natural gas pipeline in South Delhi's Satyaniketan area after it was perforated by civic construction contractors but there were no casualties reported.
Amid a slowdown in car sales, Maruti Suzuki India on Saturday said it will foray into the light commercial vehicles segment, 30 years after an initial plan was shelved when the company started operations.
Maruti Suzuki India, which last year dropped Udyog as its middle name and appointed its first Japanese managing director, has set up a new management structure installing five Indians in crucial decision-making positions. This layer forms the second rung of the company's executive management, just below managing director S Nakanishi. Earlier, when Jagdish Khattar was the managing director, he was the only Indian in the top management.
'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'
With the threat of a third Covid-19 wave looming large, companies are scrambling to protect employees and keep operations safe--from a no-jab-no-entry-at-workplace policy to ramping up vaccination, it's an all-out effort to prevent the scale of devastation seen in the first two waves. At least two top steel companies--Tata Steel and ArcelorMittal Nippon Steel India (AM/NS India)--are pushing for vaccination certificates for entry into work premises. AM/NS India, a joint venture between world's leading steelmaker, ArcelorMittal, and Japan's Nippon Steel, is set to make vaccination the certificate a requirement from July 1.
The government has merged the Department of Public Enterprises (DPE) with the finance ministry to give it a better control over state-owned firms and facilitate its ambitious privatisation programme. Finance ministry will now have six departments while DPE's hereto parent ministry, the ministry of heavy industries and public enterprises will now be called the ministry of heavy industries. Previously, the disinvestment ministry - created under the Atal Bihari Vajpayee government - was merged with the finance ministry and is now a department under it. Also, Foreign Investment Promotion Board (FIPB) was abolished and administration of foreign investments was given to the finance ministry (FinMin).
Some cars that are emblematic of India's automobile industry will no longer come off the assembly lines after this year.
Mercedes Benz, BMW and Audi have sharply increased their sourcing from India.
Dhirubhai Ambani lived in a one-room chawl in Mumbai with his wife and children and went on to establish the Reliance Group.
'While censorship of any sort is anathema to the creative spirit, political correctness has become more and more the norm rather than the exception,' notes Uttaran Das Gupta.
Large and small businesses alike have delivered low-key performances.
Markets ended at record closing highs for the second day in a row on institutional buying.
Surinder Kapur's relentless pursuit of quality made Kapur a highly efficient manufacturer of automobile components.
'The CBI should be bifurcated and the CBI's charter should be restricted to anti-corruption cases.'
'The investigation of major criminal cases having national and international implications, and national crimes spread over more than one state may be entrusted to a new national crime bureau,' recommends Dr Madhav Godbole, the former home secretary.
Faced with stricter recall & testing norms, industry puts up a brave face, saying recalls improve consumer confidence
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