Yuan has a long way to go before it catches up with euro, dollar

China could place the currency on a par with global biggies. But it has to wait to be a serious challenger, explain Abheek Barua & Bidisha Ganguly. Shorn of technicalities and jargon, the......

Indian auto parts companies buying global firms

Indian auto parts companies are increasingly getting hungrier for overseas acquisitions. This is a tranition from their earlier supporting role in the global automotive scheme.In the last 24 months......

Fiat's revamp plan not to hit India biz

The operations of Fiat India is unlikely to be affected by a massive restructuring plan announced on Thursday by its parent company in Italy, which involves cutting 12,300 jobs worldwide and......