Bain alleges that it invested around $60 mn based on false financial statements that EY had audited and certified
Large manufacturers are investing in small companies to get a peek into their R&D. Alnoor Peermohamed and Anita Babu report.
The measures government takes next to push economic growth will be the key for automotive sector
High price, combined with the decision to go only for diesel and position it as a crossover, resulted in its limited success
For the region to realise its full potential, New Delhi needs to start looking at the land-locked northeast as an important starting point in India's 'Act East' policy, says Nitin Gokhale
One of the smallest players in India's car market, it is banking on new-look Etios to make inroads into the personal vehicle segment
The agency did not seek a reappointment in FY12.
Ghosn's partnership with motorcycle and auto-rickshaw maker Bajaj Auto got most publicity.
Automobile makers in India are embracing taxi-hailing apps such as Uber and Ola, hoping to ride on their expansion to sell more cars, a contrarian view to companies in Western markets that fear a drop in car sales due to them
During April, Maruti Suzuki India's domestic car sales were up 2.72 per cent at 86,481 units, as against 84,188 units in the same month last year.
Auditors have to be compulsorily changed by a company at the end of two five-year terms, say the new rules.
It's not easy to ignore the newspaper ads with Diwali offers.
Even as government projects aren't lucrative from a revenue perspective, companies fight with each other to bag the contracts
The industry players couldn't hide their disappointment.
Satyam Case has not ended after court verdict, there's lot to unfold say insiders.
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