BMW Group India CEO Rudratej Singh (46) passes away

Rudratej Singh (46), President and Chief Executive Officer, BMW Group India passed away on April 20, 2020. The cause behind the sudden and unexpected demise is yet to be ascertained, the company said in a press rele...

Volkswagen not to submit interim results in sensitive diesel scam probe

Volkswagen which had earlier stated that it would submit interim results of its probe into the diesel emissions scam, has now said it will not be able to do so because of various sensitive reasons. This decision, th...

Volkswagen India will complete evaluation of affected cars by Nov end 2015

Even though unconfirmed reports have said that thousands of Volkswagen cars in India have been affected by the diesel emissions scam, Volkswagen Group India has stated that its representatives have met Government o...

SPECIAL REPORT ON INDIAN TYRE INDUSTRY: An Un-Tyre-ing Journey

The Rs 50,000 crore Indian tyre industry today has a few reasons to smile and a few reasons to frown. On the one hand, after a lull in the industry while the demand for tyres in 2015-16 is seeing a growth coupled wi...

Hero MotoCorp $25m EBR dreams shatter with closure of US company

India’s leading manufacturer of two wheelers Hero MotoCorp Ltd (HMCL) has announced that the US based company Erik Buell Racing in which it had invested US $ 25 million (Rs 156 crore by today’s exchange rate) has ce...

Nagesh Basavanhalli quits Fiat Group India

Unconfirmed reports suggest that the current President and Managing Director of Fiat Group Automobiles India Pvt. Ltd. (FGAIPL), Nagesh Basavanhalli plans to leave the company. The Fiat Group India Automobiles Pvt. ...

Mahindra’s Saab buy part of much bigger strategy

With unconfirmed reports suggesting that Mahindra & Mahindra (M&M) is planning to acquire Sweden based car maker Saab, it is almost confirmed that it has more to do with Anand Mahindra’s dream to become a world lead...

Anil Dua resigns from Hero MotoCorp.

Anil Dua has decided to resign from his post of Senior Vice President of Sales & Marketing, Hero MotoCorp. He has quit to pursue opportunities elsewhere. According to unconfirmed sources, he has got a job opportunit...

Tool down stir at Shriram Pistons Pathredi plant

For several days there has been a an absolute tool down strike at the Shriram Pistons & Rings’ (SPR) Pathredi (Bhiwadi district, Alwar) plant in Rajasthan in North India which is threatening to snowball into a maj...

Unconfirmed news of spate of sack orders in GM

Rumours and unconfirmed news state that Rajeev Chaba, former Managing Director of GM India who is cu




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