US auto major Ford Motor Co on Friday said it and India's Mahindra & Mahindra have decided to scrap their previously announced automotive joint venture and it will continue its independent operations in India as it is. The two companies determined that they will not complete a previously announced automotive joint venture between their respective companies. The decision follows the passing of the December 31, 2020 'longstop' or expiration date of a definitive agreement the organisations entered into in October 2019, Ford Motor Company said in a statement.
M&M will close down GenZe, an e-scooter business in California, because it is unlikely it would stand on its own feet, and is ahead of its time.
With Kabul falling into the hands of the Taliban, bilateral trade between Afghanistan and India will get impacted significantly in these uncertain times, according to exporters. Federation of Indian Export Organisations (FIEO) director general Ajay Sahai said domestic exporters should follow caution looking into the political development in Afghanistan, particularly with regard to payments, for which adequate credit insurance may be availed by them. "The trade will be impacted. It would reduce due to the growing uncertainty in Afghanistan," he said on Monday. Former FIEO president and country's leading exporter S K Saraf too said there will be a significant fall in the bilateral trade.
India's limited overs skipper Mahendra Singh Dhoni was named captain of new Indian Premier League franchise Rising Pune Supergiants on Monday.
Mahindra will serve as a mentor and sounding board for the managing director on issues to be presented to the board, especially in the areas of strategic planning, risk mitigation and external interface. In addition, he will be available to provide feedback and counsel to the managing director on key issues facing the enterprise.
'For us outsiders, the first break comes with a lot of difficulty.' 'In case of people from the industry, the first couple of breaks are taken care of.' 'They are guided and taught while we have nowhere to look for guidance.'
"It went up to 20-odd per cent in 2019 and to 25 per cent a year later. "That's when we decided to pull the plug; it was not sustainable for our business," says Chadha. Madison & Pike, instead, turned to Mumbai-based start-up Thrive, which provides third-party delivery services to restaurants at a much lower commission - three to five per cent.
After the Trinamool's overwhelming majority in the West Bengal assembly elections last year, the SSC scam has given fresh ammunition to the Bharatiya Janata Party and the Communist Party of India-Marxist. Ishita Ayan Dutt reports.
Bollywood took a break from the Diwali parties to attend the closing night of the 21st Jio MAMI Mumbai Film Festival.
At an average national price of Rs 90 a kg in the retail market, it shows a jump by 20% in the last two months.
Newly-bought Pune IPL franchise owner Sanjiv Goenka ruled out any conflict of interest over former India captain Sourav Ganguly's co-ownership of Indian Super League franchise Atletico de Kolkata and his team.
'Elevator rules deem no more than two people for a unit that carries six people, and as an employee enters the office, there are three masks to be used for five hours each a day, then disposed and one for the next day as well.'
The Board of Control of Cricket in India could get richer by at least Rs 5000 crore with the addition of two new franchises for the 2022 edition of Indian Premier League.
'In the first phase, you might allow 30 per cent of the workforce to come in and see how it goes,' says industrialist Harsh Goenka.
While a 6 million pounds (Rs 56 crore) fine has already been imposed on the Indian businessman, Rameshkumar Goenka, the Financial Conduct Authority took action against three more persons today in the same case by imposing total fines of about Rs 2 crore (Rs 20 million) on them.
Marazzo, The Innova Crysta competitor
Mahindra launches e-mobility platform 'Glyd' to take on Ola, Uber. Targeted at office-going executives, it offers web-conferencing, curated entertainment and music content from selective partners.
The Delhi high court on Tuesday allowed the Central Bureau of Investigation and the Enforcement Directorate's pleas seeking an early hearing into the appeals challenging the acquittal of former telecom minister A Raja and others in the 2G spectrum allocation case.
Niti Aayog CEO Amitabh Kant said only farm revolution can make it possible. He also stressed on scrapping Agriculture Produce Marketing Committee and some old laws like Essential Commodites Act, which restrict movement of farm produces.
Gambhir, one of the finest among IPL skippers with two titles for Kolkata Knight Riders, spoke to PTI exclusively on a host of topics including Rahul's leadership, team composition and how he intends to handle relation between Deepak Hooda and Krunal Pandya.
Companies need to provide 90-95 per cent of what Europe, US, Japan, Korea may give and for that, you have to spend this kind of money: Pawan Goenka.
Bollywood's hot women at Filmfare Glamour and Style Awards.
Being a non-profit firm, Young Indian does not have a profit and loss account.
Birla was the chairman of Century Textiles and Industries and had been active in business since the age of 15. He was instrumental in a slew of business initiatives, starting with his stint as the chairman of Kesoram Industries.
Bollywood watched Hotel Mumbai, a movie inspired by the 26/11 Mumbai terror attack.
Bollywood dropped in to celebrate Iftar with Baba Siddique.
To decide if the business should be demerged or to go for an IPO.
Tea estates across Assam and West Bengal, which were hitherto closed owing to the lockdown, opened in April.
Reversal in the declining economic growth trajectory is clearly the need of the hour and all steps should be taken to bring about this change.
It was one of the toughest times in history to announce a budget, says Harsh Goenka, chairman of RPG Enterprises.
The state government has announced a five-level plan to relax the coronavirus-induced restrictions in the state from Monday, based on the weekly positivity rate and the occupancy of oxygen beds. A notification to this effect was issued on Friday night.
Justice Brijesh Sethi held that the 2018 amendment to the Prevention of Corruption Act relating to Section 13 (1)(d) would not come to the rescue of the acquitted accused in this appeal.
Meet the ladies who have made an impression in the OTT universe.
One of the major points in the agenda of BCCI's AGM to be held in Ahmedabad is the inclusion of new IPL franchises.
Mahindra is desperate for a best-seller in the compact SUV space, on which it missed the bus
At least five people have been arrested by the city police which busted the scam earlier this month.
'...and give awards to such performances.'
Don't invest more than 5 per cent of your portfolio in bitcoin. The virtual currency's price has run up very fast and experts feel a correction may be around the corner.
