A-Star, Suzuki's new world car that will be made only by its Indian subsidiary, Maruti Suzuki India, will have four different names in markets across the world, which will indicate the role it is expected to play in the Japanese car maker's stable as well as of compatriot Nissan Motor.
Cumulative sale at India's top six passenger vehicle (PV) makers dropped 0.7 per cent to 267,000 units, from 269,000 a year before.
Foreign fund inflows and a higher opening in the domestic equity market supported the domestic unit
In the forward market, the premium for dollar moved up on fresh paying pressure corporates.
In the next 2-3 years the company will pump in Rs 4,000 cr in product development, R&D and marketing infrastructure.
A new solution to raise deal speed is expected to avoid hiccups in trading when launched on August 1
The rupee ended almost flat against the dollar.
This is its lowest level since August 30
Investors are keenly awaiting the announcement of the macroeconomic data-IIP and CPI due on Tuesday.
Japanese motorcycle major, Yamaha Motor Co, has drawn up a Rs 800 crore (Rs 8 billion) capex plan and is eyeing a 10 per cent marketshare in the fast growing high-end motorcycle market in India, a top company official said.
The rupee on Monday plunged to a two-week low of 66.61 by falling 47 paise against the US dollar on heavy demand for the American currency from importers.
Charting out ambitious plans for India, Japanese automaker Nissan on Tuesday said it plans to have as many as nine models by 2012 out of which five will be locally made as it aims to garner around five per cent of the market.
The yen may have depreciated to 110 against the dollar from a high of 96 earlier this year, but bankers are advising extreme caution in using the Japanese currency for raising resources and hedging risks.
Unwinding of long-dollar positions by speculative traders and the currency's strong underlying fundamentals buoyed the home unit
The domestic currency had lost 15 paise to close at 63.82 on Wednesday.
Tata Teleservices (Maharashtra) on Friday said Japanese telecom major NTT DoCoMo's open offer for a 20 per cent stake in the company has been deferred following a delay in approval from market regulator Securities and Exchange Board of India.
The rupee fell back against the pound to 98.72 from overnight close of 98.48 and turned negative to end at 77.44 per euro from Rs 77.37.
The Rupee is seen strengthening against the dollar.
In what appears to be a major reshuffle in the consumer electronics industry, marketing and sales heads of two multinationals - LG Electronics and National - are believed to have put in their papers.
Dairy major Amul, Life Insurance Corporation of India and mobile manufacturer Nokia have emerged as India's top three brands according to Asia's Top 1000 Brands
The new deal will value Flipkart at close to $19 billion on the secondary market, a huge jump from Walmart's initial offer to investors.
Rising for the second session, the Indian rupee on Thursday climbed by 50 paise to nearly four-week high of 62.67 against the greenback on persistent selling of dollars by banks and hopes of capital inflows in view of a strong equity market.
Dealers attributed the rupee's fall to increased demand for the US currency from importers.
Japan's Daiichi Sankyo makes Ranbaxy Laboratories an offer it can't refuse -- $4.6 billion for a 50.1% stake in India's largest drugmaker.
The alliance will extend an existing partnership between the two.
Rupee ends day stronger against the dollar.
From discounts to hundred per cent financing to talks of a price hike, companies are doing everything to ensure retail sales pick up this month.
Domestic equity markets opened with losses which capped the rupee gains.
The price has been cut 39 per cent to Rs 555.85 from Rs 908 per share originally after its request to redeem the bonds ahead of maturity was rejected by the Reserve Bank of India.
