Micromax was best known so far as the handset vendor which forced Nokia and Samsung to review their strategies for the entry-level market in India.
India will sign a Comprehensive Economic Partnership Agreement (Cepa) with Japan on Wednesday, setting the stage for free bilateral trade of goods and services.
The company has had three Japanese executives for the post of managing director over three years.
Forex dealers attributed the fall to increased demand for the dollar.
The brokerage said the consolidated fiscal deficit, including that of the Union (3.6 per cent), the states (2.6 per cent) and the off-budget borrowings which are being resorted to increasingly is a worry.
The rupee weakened even as the dollar fell against major global currencies
Japanese consumer durables firm Panasonic on Tuesday said it is looking at technical collaboration with several Indian firms, including the Tata Group, to develop India-specific products, underlining that the country is one of its significant markets.
Brokerage firm Nomura said inflation levels in India are close to post global financial crisis lows, and also retained its positive stance on Sensex.
Earlier, the rupee resumed slightly lower at 61.70 per dollar as against Tuesday's close of 61.69 at the Interbank Foreign Exchange market.
The Japanese automaker has derived the WR-V from the Jazz and it gets quite a lot of changes over the premium hatchback.
The US dollar turned expensive against a basket of global currencies which hit the rupee sentiment
Expectations of continued stimulus withdrawal by the US Federal Reserve added to the market's gloom.
According to a source SoftBank is in favour of Ola acquiring the Indian unit of Uber, but the finer details of the deal are being discussed
With the deal closing, SoftBank becomes an investor in two of India's largest on-demand cab service -- Uber and Ola.
In cross-currency trades, the rupee recovered sharply against the pound sterling to finish at 93.13.
The fourth generation Prius combines a premium styling and an enjoyable driving dynamics.
"We see high market potential with growing population of Indian middle class families aspiring for more advanced features like safety, space, luxury and comfort," Toyota Kirloskar Motor's MD Akito Tachibana told reports at the Auto Expo in Greater Noida last week.
The RBI fixed the reference rate for the dollar at 63.8061 and for the euro at 69.6571.
There are many reasons for Japan to turn a deaf ear to its anti-nuclear lobby and concentrate on its geo-strategic imperatives to sign the nuclear deal with India, says Debalina Ghoshal.
Move could be aimed at integrating operations with Indian subsidiary.
Patni Computer Systems Ltd will set up a development centre in China, mainly to cater to the Japanese software market, a company executive said on Thursday.
Dealers have stocked up vehicles in the run-up to a price hike, which is expected to be announced by leading players some time this month.
The carmaker has managed to significantly improve its product mix in the past two-three years by successfully launching sedans, utility vehicles and premium hatchbacks.
Volatile currency market sentiment across Asia following a fresh round of China's yuan depreciation further added to gloom.
Industry watchers say while it's completely possible for a firm like SoftBank to step in and take control of Ola, it's usually one of the least favoured options.
Daiichi won't remain a major shareholder in Sun Pharma.
History of electronics indicates that no company, nor any nation for that matter, has been able to cement pole position and maintain it through several cycles. he death of its iconic promoter, Lee Kun-hee, raises questions over how long the chaebol can maintain its gigantic footprint in the global electronics industry, says Devangshu Datta.
The rupee had jumped by 16 paise to end at over two-month high of 61.71 against the greenback on good inflows in local markets and sustained dollar sales by exporters.
The partnership will look to expand Ford's reach in the fast-growing Indian market and improve M&M's access to global markets
Investors are trying to push ahead with dollar purchases, emboldened by improving market sentiments
After a a steep fall last week, the rupee has closed slightly stronger against the dollar.
The move is prompted by the disruption in the car usage pattern caused by the app-based ride-hailing companies such Ola and Uber
'Our strategy should be to 'hold the line' in the north on the Sino-Indian land frontier, but maintain and, if possible, enlarge India's current edge in the maritime south.'
"That there is an impact on (auto component) supplies is a given, we will have to adjust our production accordingly," said Jnaneswar Sen, vice-president (marketing), Honda Siel Cars India.
Despite their slugfest on the high street, Korean chaebols Samsung and LG have independently charted a similar strategy that will see India operations carve out a larger slice of their global turnover
Bharati Dutt witnessed life-changing events that shaped India on the threshold of freedom. Her memories are an account of how ordinary Indians saw India change.
The rupee recovered by 15 paise at 65.49 against the US dollar.
The Indian unit opened higher at 66.10 per dollar as against overnight level of 66.30 at the Interbank Foreign Exchange market and firmed up further to 66.04 on initial dollar selling.
