The annual summit between India and Japan on Saturday will seek to forge greater bilateral trade and investment ties, with Japanese Prime Minister Shinzo Abe coming with a high-powered business delegation.
Known for his passion for vehicles, India captain Mahendra Singh Dhoni has added a brand new 'Hummer' worth around Rs one crore to his already rich collections. The H2 2009 Hummer will definitely get the pride of place among Dhoni's Toyota Corolla, Scorpio, Mitsubishi Pajero, Harley Davidson, Yamaha 650cc sports bike, Kawasaki Ninja and other two wheelers.
Excise duty cut of Rs 6,000 on big cars to be passed to customers; LCDs cheaper by Rs 3,500.
Automobile firm Hindustan Motors today launched sports utility vehicle 'Outlander' in the country, priced at Rs 20.2 lakh) Rs 2.02 million), ex-showroom.
The investments are expected to happen in the Delhi-Mumbai Industrial corridor.
"We are expecting to launch the high-premium SUV 'Outlander' by this year itself in the Indian market and it would be placed between Mitsubishi's Pajero and Montero," company's Executive Vice-President Y V S Vijay Kumar told reporters here on the sidelines of HM's tie-up with Pune-based Opulent Auto Care.
Apart from SBI, the consortium will include leading entities like Citibank, Standard Chartered, BNP Paribas, JP Morgan, Tokyo Mitsubishi UFJ and Mizuho Financial Group, a source closely connected to the development told PTI. The country's largest lender is also in talks with two-three public sector banks to be a part of the consortium, the source said. The company reported a loss of $12.7 billion for the fiscal ended December 30, 2006.
TATA Group Chairman Ratan Tata and India-born steel tycoon Lakshmi Mittal will be among seven international business leaders to attend the three-day International Investment Council to be hosted by President Thabo Mbeki this weekend in South Africa.
Three top global asset management and investment banks - American International Group, JP Morgan Asset Management and Japan's Mitsubishi UFJ Securities today announced their India strategy, vying for a place in the second fastest growing economy in t
West Bengal Chief Minister Mamata Banerjee has left no stone unturned this year after big industrialists, along with Union ministers, skipped attending the BGBS 2017.
Mitsubishi, Itochu, Bombardier, Siemens, GE and Alstom want piece of action.
The list of international and national companies in queue to tap the business opportunities arising out of the Indo-US nuclear deal is pretty impressive.
Vodafone-Essar, the leading GSM operator is raising around $500 million (Rs 2,000 crore) through overseas borrowing. This is the first fund raising by the telecom major after British telecom major Vodafone acquired a majority stake.
Team MRF's Arjun Balu beat teammate Gaurav Gill by a mere six seconds in the 3km super special stage on the opening day of the Coffee Day Championship Rally.
Japanese Prime Minister Shinzo Abe on Wednesday called for sports and cultural events to be scrapped or curtailed for two weeks as the country battles to stem coronavirus contagion amid mounting concerns the 2020 Tokyo Olympics could be cancelled. Abe's call came after a Tokyo baseball team said it would play games in an empty stadium this weekend, while two businesses in central Tokyo reported confirmed cases of infection a day after the government urged companies to recommend staff consider working from home.
Indian businessmen on the forum would also include Baba Kalyani of Bharat Forge, Sunil Kant Munjal of Hero Honda, Nandan Nilekani of Infosys, Vikram Kirloskar of Toyota Kirloskar and Deepak Parekh of HDFC.
The third party premium has been increased from the current Rs 700 to Rs 2,500, a 257 per cent hike for private cars, where the cubic capacity of the vehicle exceeds 1,500 cc.
The oil and gas major ONGC is likely to offload 34 per cent equity in its special purpose vehicle ONGC Petro-additions formed for the upcoming Rs 13,500-crore
The data had been saved on a worker's personal computer, which was loaded with the file-sharing software Winny. A virus that infected Winny sent those files to the Net in March.
One reason Japan is betting highly on Indian pharma is that these companies have strong cash flows, low leverage and high debt capacity for medium to large sized acquisitions.
The Appellate Tribunal for Foreign Exchange has upheld the penalties imposed on 10 MNCs, including Ericsson, Nokia and Sony by the Special Director of Enforcement for violating foreign exchange regulations.
Hindustan Motors said on Thursday it has appointed HDFC as consultant to sell a part of its land in West Bengal to private retailers for which it has sought the state government's permission.
The China auto show saw some amazing models being rolled out, some for the first time. Rajesh Karera/Rediff.com picks the best of the lot.
The big Mitsubishi sheds its price tag and the Pajero moniker. But does it gain any cred?
Eyeing a revival, CK-GP Birla group's Hindustan Motors Ltd said it expected sales of its flagship 'Ambassador' cars to go up by 50 per cent in the next three years to 18,000 units annually.
Amidst threat of intense competition in the car industry, C K Birla Group company Hindustan Motors Limited is planning to launch new models of its hi-end Lancer cars.
The Korean giant Samsung will be hiring them.
Millions of vehicles have been recalled across the globe due to defective safety airbag manufactured by Japan's Takata Corp.
The summit would be held from November 4-6.
The German MRF driver won the Group N (unmodified) class in the 2003 FIA-Asia Pacific Rally Championship.
The 12-year loan will part finance the proposed expansion of RIL's petrochemical plants and setting up of new gasification unit and refinery off-gas cracker over the next 2-3 years.
