While they could pass on the burden of increased input costs to customers, a shortage of components, compounded by the March 11 tsunami and quake in Japan and the Reserve Bank's latest rate hike -- which could affect car financing -- have made them jittery over their prospects in the short-to-medium term.
Japanese engineers on Saturday inched closer to connecting power at the tsunami-crippled Fukushima nuclear plants, north of the Japanese capital, so as to restore the damaged cooling system to the dangerously overheated nuclear fuel.
The Nuclear Power Corporation has said it would revisit safety standards at all atomic power plants in the country in the wake of the nuclear crisis in tsunami-struck Japan."We will sincerely revisit (all the nuclear power plants) and decide whether there was any need for augmentation," NPCIL Chairman and Managing Director S K Jain told reporters. Indian reactors have 'successfully' withstood the Bhuj earthquake and the tsunami in south India, he said.
Sandip Sabharwal, CEO-PMS, Prabhudas Lilladher says that after twelve months, the outlook would be looking much better and the situation will be sanguine for investments.
"The Department of Atomic Energy and its agencies, including the Nuclear Power Corporation of India, have been instructed to undertake an immediate technical review of all safety systems of our nuclear power plants, particularly with a view to ensuring that they would be able to withstand the impact of large natural disasters such as tsunamis and earthquakes," he had said.
The apex bank's observation on Tuesday comes at a time when global markets remain uncertain about the overall impact of the tsunami and the subsequently unravelling nuclear crisis in Japan.
A fresh fire broke out at the Fukushima Daiichi nuclear plant in northern Japan in the wee hours of Wednesday, the BBC reported.
The Communist Party of India-Marxist on Tuesday demanded an immediate halt to the setting up of a nuclear power project in Jaitapur and the environment clearance given to it, saying the crisis in nuclear reactors in Japan following the tsunami warranted a re-examination of the project.
The government on Tuesday said it may consider putting in place additional environmental safeguards to ensure safety of the proposed nuclear reactor in Jaitapur in the aftermath of the tsunami in Japan that has endangered atomic power plants there."Based on the technical reviews the NPCIL does, we will certainly be in touch with them and if additional safeguards have to be built in as part of the environmental clearance, we will certainly look at it," said Jairam Ramesh.
Infosys on Tuesday said it was closely monitoring the situation in Japan following the devastating earthquake and tsunami that hit the nation on March 11 and is taking appropriate action to keep its employees safe.
Tennis star Maria Sharapova and Pune FC's Japanese footballer Izumi Arata lend their support to those affected in Japan in last week's devastating earthquake and tsunami and the nuclear crisis.
Nature's fury has battered Japan yet again, after a powerful earthquake triggered a humongous tsunami, which may have killed 10,000 people, thousands others missing and injured.
The new diesel Toyota Etios and Liva find themselves in a highly competitive scenario.
Maruti Suzuki India on Monday said it is assessing the possible impact of the devastating earthquake and tsunami in Japan on its components import from there, while cancelling celebrations to mark one crore production milestone in India.
Indians have been travelling to the "land of the rising sun" in large numbers, especially for business, thanks to the close ties with automobile and engineering companies.
Japan's second nuclear reactor in the quake-stricken north experienced serious troubles on Sunday after its emergency cooling system failed, triggering a fresh radiation threat, a day after a blast rocked the site following a massive quake and tsunami in which thousands of people are feared dead.
United States President Barack Obama has warned that "the noose" around Libyan ruler Muammar Gaddafi was tightening and said the international community had an obligation to prevent a Rawanda-style civilian massacre in the north African nation.
So, does the Brio live up to the hype, in the end? After this first-drive, I would have to answer in the affirmative.
Over the last five years, Indian domestic market expansion has been the strongest with a tripling in size.
The company said its compact car Honda Brio will be launched as per the original schedule during the festival season this year.
Indian American Democrats running for US Congress, including the Top-Tier Red to Blue candidates, who were supported to the hilt by the Democratic establishment, were caught up in the Republican surge and drowned in the tsunami as the GOP took back the House of Representatives
'India is so big, of course, you can always find horror stories. The reason why you have to be optimistic is because you take the country as a whole. It seems that the trajectory is positive,' writer-historian Patrick French tells Sheela Bhatt.
India's largest car maker, Maruti Suzuki, has put in place a new strategy to reduce its dependence on Japan for auto parts.
"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.
Japan won the women's World Cup on Sunday for the first time, stunning the heavily favoured United States 3-1 on penalties after a 2-2 draw in extra time.
Union Environment minister Jairam Ramesh on Friday ruled out any "re-think" on the proposed mega nuclear power plant at Jaitapur in Maharashtra but pressed for a separate safety system for each of its six atomic reactors in the light of the tsunami-triggered nuclear crisis in Japan.
As hectic efforts were on to contain Japan's worst atomic crisis, police in protective gear on Thursday for the first time launched a search for tsunami victims in a 10-km zone around a radiation-leaking nuclear plant while Premier Naoto Kan vowed to rebuild the nation amid growing opposition calls for him to quit.
Japan has decided to raise the severity level of the crisis at its tsunami-crippled Fukushima Daiichi nuclear power plant to the maximum seven on an international scale from the current status of five.
The slow-moving disaster at the Fukushima nuclear plant in Japan that is spreading a cloud of anxiety across the world has forced most nations to either suspend or review their nuclear power programmes, but not India.
Japanese workers at the tsunami-hit Fukushima nuclear plant on Tuesday plugged a crack leaking highly toxic water into the sea from a concrete pit, though authorities were concerned about a possible hydrogen blast due to the build up of gas at a stricken reactor.
Indian boxers were off to a fine start in the 21st President's Cup with South Asian Games gold-medallist Chhote Lal Yadav and three others advancing to the quarter-finals of the event in Jakarta, Indonesia.
A home insurance covers losses arising out of such natural or man-made calamities, to the structure, or to the contents of your home. For a small amount of premium, it offers protection against the financial losses to your home or to your precious belongings.
Common people's views about the economic policies of the United Progressive Alliance government.
"We are very clear it is an absolute must in the bouquet of energy resources which have to be accessed," Commerce and Industry Minister Anand Sharma told a gathering of top US c corporate leaders and those from the US government at the annual summit of the US India Business Council (USIBC).
Parmesh, brother of filmmaker Mahesh Bhatt, spoke to rediff.com's Sheela Bhatt about his personal experience of natural calamities in a telephonic conversation from Tokyo.
Workers attempting to salvage Japan's tsunami hit Fukushima nuclear reactor had to be evacuated after smoke was seen billowing in a latest in a series of troubles to hit the moves to stabilise the radiation leaking plant.
Japan has always been the quickest to extend relief to any country facing a humanitarian crisis. In the wake of its cataclysmic earthquake and subsequent tsunami, former Indian ambassador to Japan Aftab Seth hopes that India can extend the same measure of compassion to a country that is celebrated for its resurgence.
Japan may be wondering today as to what more could possibly hit them? Inside a week, the country has witnessed a deadly quake, an even deadlier tsunami that swept away towns after towns and then a volcanic eruption.
As Japan's earthquake and tsunami triggers the global nuclear industry's worst crisis, it is time for India to rethink it ambitious nuclear power programme, says Praful Bidwai
The company, which is present in India through a joint venture with the Kirloskar Group, said it expects to produce and sell 210,000 units next year.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances