Mahindra's Ssangyong misses loan repayment of Rs 480 cr to JP Morgan

M&M, which owns a 75 per cent stake in SYMC, rescued the sport-utility vehicle (SUV) maker from near-insolvency in 2010 but has struggled to revive its fortunes. Ssangyong Motor Co (SYMC), the......

Indian rupee to outperform Asian peers in 2015: HSBC

As the reform process is expected to gain further momentum, the Indian rupee will continue to outperform its Asian peers, which are likely to weaken further against the US dollar in 2015, says an......

2014 will not be easy for rupee: HSBC

The currency remains challenged by a weak external balance and a capital account that is sensitive to broader risk appetite. This year is likely to be "no easier" than 2013 for most Asian......

Hyundai forecasts lower sales by Indian unit

Korean auto major Hyundai Motor Co on Thursday projected lower total car sales from its Indian unit this year despite posting a marginal increase in 2012.According to the company's business plan......