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Honouring the man who caught Nathuram Godse

Raghunath Nayak, a gardener at Birla House, displayed immense courage in chasing the Mahatma's murderer, overpowering him at the risk of his life.Jayajit Dash reports. Mandodari Nayak, 85, a......

Rs 5 lakh for widow of Godse's captor

About 33 years after the death of Raghu Nayak who showed exemplary courage in capturing Mahatma Gandhi's killer Nathuram Godse, the Odisha government on Wednesday provided a financial assistance of......

Hits and misses in the M&A space

The failed deals could be the much-needed wake-up call for the M&A space. Illustration: Uttam Ghosh/Rediff.com It has not been a great year for big-ticket deals. Some have been stuck in......

In major R&D push, Mercedes plans to step on the gas

The luxury car maker plans to recruit 1,000 people next year; in five years, research staff had jumped from 700 to 3,500. The Indian research and development wing of global luxury car maker......

Honda recalls 1.9 lakh cars in India

Millions of vehicles have been recalled across the globe due to defective safety airbag manufactured by Japan's Takata Corp.  Japanese auto major Honda is recalling 1,90,578 units of the......

Volkswagen says 11 million cars hit by scandal, probes multiply

Volkswagen AG  said a scandal over falsified US. vehicle emission tests could affect 11 million of its cars around the globe as investigations of its diesel models multiplied, heaping fresh......

Volkswagen CEO's days appear numbered as emissions crisis deepens

The CEO was due to have his contract extended at a supervisory board meeting on Friday, but is now facing questions over why the scandal wasn't averted. Martin Winterkorn's days as head of......

McLaren may accept record fine

McLaren may be willing to take a $100 million hit in the interests of Formula One, team boss Ron Dennis said on Saturday. The record fine and loss of all McLaren's 2007 constructors' points were......

Dubai in talks over Liverpool bid

Dubai said on Monday it is in talks about possibly investing in Liverpool Football Club and the 18-time English champions will open their books within days to a state investment agency headed by an......

F1 engine freeze to start in 2007

A planned freeze on engine development in Formula One from 2008 will be brought forward to next year after an agreement with manufacturers, the governing body said on Monday."The FIA [International......

McLaren put Montoya's NASCAR debut on hold

Colombian Juan Pablo Montoya could race again in Formula One this season and will not be allowed to compete in NASCAR until his McLaren contract ends, team boss Ron Dennis said on Friday."Juan......

'Alonso needs to do more for F1'

Formula One supremo Bernie Ecclestone says Renault's Fernando Alonso needs to put more back into the sport as world champion. Ecclestone also had a dig at McLaren's Ron Dennis, the 24-year-old......

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