The industry said if the policy was announced, it would have taken 28 million vehicles bought before March 2005 off the road.
Noted banker Uday Kotak said the country's financial system is currently in a Darwinian mode as only the fittest lenders are able to survive. Kotak also said that historically, whenever there has been a problem with a private sector lender, it has been merged with a state-run bank.
Mukesh Ambani continues to remain the richest man in India.
A group of prominent personalities, including industrialists Azim Premji, Keshub Mahindra and Deepak Parekh, have expressed concern over a series of scams leading to 'governance deficit'.
The most common complaint of financial consumers is cumbersome processes, complicated products, usurious charges, and mis-selling of products, which finally don't deliver what is promised or as expect, notes Debashis Basu.
Issues related with intellectual property rights, including piracy of films and software, figured prominently during the India-US CEO Forum in New Delhi attended by Prime Minister Narendra Modi and US President Barack Obama.
Mohun Bagan rode on a Jose Barreto hat-trick to blank Kolkata rivals Mohammedan Sporting 3-0 in the 113th IFA Shield tournament quarter-final group league matches in Kolkata on Saturday. In the day's other matches, Mahindra United beat East Bengal 2-0 while Churchill Brothers and Dhaka Mohammedan Sporting drew goalless.
K C Mahindra Education Trust, Mumbai, invites applications for the Mahindra All India Talent Scholarships.
Mukherjee conferred with the Jordanian monarch on a wide variety of subjects, including terrorism, UN Security Council reforms, enhancement of bilateral trade.
At a time when the automobile industry is eyeing a market of 2 million cars by 2010, various automobile projects of industry majors, including Tata Motors and Mahindra and Mahindra, are running behind schedule.
The government on Wednesday granted approval to Nokia, Wipro, Hewlett Packard, Reliance, Biocon, Ranbaxy Laboratories, Mahindra and Mahindra, Reliance energy and Adani Group's to set up Special Economic zones.
Mahindra British Telecom, a telecom-focussed software joint venture between Indian auto group Mahindra & Mahindra and British Telecom, plans to raise its staff strength by 50-65 per cent this year, a spokesman said.
South Korean President Park Geun-hye's visit to India will enhance economic and military ties between the two countries and give the relationship a strategic dimension, says Jiye Kim.
Mahindra & Mahindra (M&M), the country's largest tractor company, has acquired the controlling stake in Punjab Tractors Ltd (PTL), the fourth largest tractor firm, outbidding Hinduja group firm Ashok Leyland.
The combined weight of IT companies in the benchmark Nifty 50 index is now at a five-year high of 15 per cent as these companies continue to outperform the broader market.
Jeff Bezos of Amazon tops the list for the second consecutive year with networth of $147 billion.
The Mumbai-based Shah family of the diversified Anchor Group has decided to put its FMCG portfolio of oral care and personal care products on the block, according to two independent sources.
'We all wanted a strong Centre with a decisive mandate from the people, to allow them to take bold decisions.'
Group travellers get discounts at almost every stage. While airlines give up to 15 per cent discount on bulk bookings, discounts by hotels can be 30-40 per cent.
The panel suggests the government be authorised to raise the thresholds, which trigger applicability of Corporate Social Responsibility provisions.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
This is the best time to be in India, Prime Minister Narendra Modi said today as he wooed top Australian corporate honchos to invest in the country which is undergoing reforms to improve business environment.
An Indian ownership of Jaguar, one of the two luxury cars that the US car maker Ford is selling off, is not acceptable to the American dealers of the brand. Tata group and Mahindra & Mahindra are two of the front-runners for acquisition of Jaguar and Land Rover, along with a private equity bidder, One Equity that is led by a former Ford CEO.
The breadth, indicating strength of the market was strong
India Inc is ready to diversify into unchartered areas.
Falling incomes and longer winter to translate into lower demand for at least some months.
The board of directors of Mahindra & Mahindra on Tuesday approved the transfer of the transport solutions group and light commercial vehicles businesses to a separate company.
Mahindra & Mahindra on Wednesday launched its flagship sports utility vehicle Scorpio in Malaysia.\n\n
He becomes 2nd Indian to win this award; N R Narayana Murthy won it in 2003.
The Indian regulatory framework forced Citi to hibernate -- contrary to the claim that it never sleeps!
Fast cars, marathons, golfing and shooting - nothing stops these high-power tycoons from pursuing their passion.
Nearly 150 companies visited the campus this year.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Leading utility and light commercial vehicles maker, Mahindra & Mahindra Ltd on Monday said it would acquire 88.41 per cent stake in Mauritius-based Plexion Technologies, a group company of J P Morgan.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Aditya Birla Nuvo gets board's nod, Videocon submits application.
A group of prominent personalities, including industrialists Azim Premji, Keshub Mahindra and Deepak Parekh, have expressed concern over a series of scams leading to 'governance deficit', but said that national challenges like fighting corruption cannot be solved by urban protests and posturing.
The demand has gradually shifted from 16-tonners to 25-tonners and is further shifting in favour of 31-t and 37-t trucks.
'It could tempt investors to pick stocks that are not fundamentally sound.'
