Suzuki Motorcycle India records positive growth in March 2020, fiscal

Suzuki Motorcycle India Pvt. Ltd. (SMIPL) concluded the fiscal year on a positive note by registering 5.7% growth over FY2018-19.Cumulatively, SMIPL sold 790,397 units from April 2019 – March 2020, compared to 747,5...

Toyota Kirloskar sells 8022 units in March 2020

Having successfully liquidated all its BS4 stocks even at the dealership level, TKM sold a total of 7023 units of BS6 vehicles to its dealers (wholesales) in the month of March 2020. To lessen the burden on its deal...

M&M, Maruti Suzuki, Krishna Maruti, Bharat Seats gear up to make ventilators, masks

Unmindful of the huge losses that the auto industry is incurring because plant shutdowns as a result of the country-wide lockdown in the midst of coronavirus or covid-19 fears, several auto companies and auto compon...

Tata Motors spins off PV, EV businesses into new subsidiary

Tata Motors Ltd (TML) has spun off its passenger vehicles (PV) as well as its electrical vehicle (EV) business into a separate subsidiary. The TML Board has approved a plan to make the company’s PV as well as EV bus...

Indian auto industry stares at Rs 48,300 crore loss for 21 days closure of plants

The auto industry will be very adversely impacted by the ongoing COVID-19 crisis. The shutting down of plants temporarily by all auto OEMs and component manufacturers across the country will trigger a loss of more t...

Warburg Pincus to invest $150 million in Apollo Tyres

The Board of Directors of Apollo Tyres Ltd has approved an issuance of compulsorily convertible preference shares in the company worth Rs 1080 crore million (approximately US$150 million) to an affiliate of Warburg ...

Mahindra Electric launches new brand identity

Mahindra Electric Mobility Ltd unveiled a new corporate brand identity with a new logo and tagline - ‘Spark the New’. The new brand identity is meant to give the brand a renewed thrust to achieve its global ambition...

Hero Cycles acquires German e-bike pioneers HNF Group

Indian bicycle major Hero Cycles Ltd has acquired a strategic stake in German premium e-bike manufacturer HNF Group. Hero Cycles has taken this stake together with German investment trust holding IBG Beteiligungsges...

CBI books former Maruti MD Jagdish Khattar in Rs 110cr PNB loan fraud

The Central Bureau of Investigation (CBI) has booked former Maruti Udyog (now Maruti Suzuki) Managing Director and founder of Carnation Auto (the company was recently sold to Mahindra First Choice Services) Jagdish ...

Delhi gets new electric vehicle policy; Industry hails move

In order to curb rising pollution, the capital city of New Delhi is serious about getting in more electric vehicles to replace IC engine powered vehicles. Announcing its EV policy, the Delhi government aims to regis...

Groupe PSA, FCA to merge into Euros 170 billion auto behemoth

Barely five months after rejecting French auto major Groupe Renault as its bed partner, Fiat Chrysler Automobiles (FCA) has hopped back into the bed with another French automobile major – Groupe Peugeot S.A. Accordi...

Mahindra Two Wheelers Europe to acquire 100pc Peugeot Motocycles

Mahindra Two Wheelers Europe, a subsidiary of Mahindra & Mahindra Ltd. (M&M Ltd), will be acquiring all outstanding shares in Peugeot Motocycles (PMTC), taking its share to a complete 100pc. Peugeot Motocycles, a ma...

Honda Activa continues to be No. 1 selling 2 Wheeler brand in India

No, it’s not just the BMW, Mercedes-Benz and MG Motor cars that are selling like hot cakes this festive season. Midway into the festive season, Honda’s iconic Activa scooter has once again cemented its leadership as...

FADA issues legal notice to UM Lohia, management for dealers’ losses

The Federation of Automobile Dealers Association (FADA) has through its counsel Khaitan & Co, issued a legal notice to UM Lohia and its management, asking them to redress all grievances of dealers relating to the lo...

Gadkari leaves behind a belligerent tone and assures auto industry

For Union Minister Nitin Gadkari, it’s been a journey from taking on a confrontationist attitude to one of being benign and accommodating. At the 59th Annual Convention of the Society of Indian Automobile Manufactu...

Maruti Suzuki BS6 compliant vehicles find wide acceptance

Maruti Suzuki India Limited announced that it has received enthusiastic response from its customers for the BS6 range of vehicles.TheBS6 models offered by the company currently constitute around 70% of the total pet...

CCI slaps Rs 17 crore penalty on Japan’s JTEKT for “cartelisation”

The Competition Commission of India (CCI) has in its latest order imposed a penalty of Rs 17.07 crore (Rs 17,07,31,443/-) on Japan based JTEKT/ JSAI , manufacturers of power steering for automobile manufacturers In ...

Varroc to acquire 74% stake in CarIQ, a leading Telematics solution provider

Varroc Engineering Limited, a global Tier 1 auto component manufacturer, has agreed to acquire 74% stake in the Pune-based CarIQ Technologies, a leading integrated connected vehicle solution provider to OEMs, fleet ...

Suzuki Motorcycle India bucks sliding trend and grows 18pc in July 2019

While the entire automobile industry sales have taken a severe beating in July 2019, Suzuki Motorcycle India bucked the sliding sales trend and registered an 18 per cent sales growth in July 2019.

KSL Cleantech Limited, Huaihai Holding Group JV for electric vehicle business

KSL Cleantech Limited (formerly known as Kirti Solar Limted) has entered into a Joint Venture (JV) with the China’s Huaihai Holding Group, one of the largest companies in the field of electric mini vehicles.

KSL Cleantech plans to scale up electric vehicle business

Building on the success of its solar business, Kolkata-based KSL Cleantech Ltd. (formerly known as Kirti Solar Limited), one of the largest and most experienced solar photovoltaic companies in India, is gearing up t...

UM Motorcycle to revamp business in India as sales hit zero

UM Motorcycle, a US based company, which began selling motorcycles in India sometime in 2016 and had a peak sales of 11,000 units per annum, has begun the 2019-20 financial year with a duck. Yes, both production and...

Government EV targets need to be practical says auto industry

The Indian auto industry is not too happy with the aggressive road map being laid out by the government in bringing electric vehicles into the country. Both the Society of Indian Automobile Manufacturers (SIAM) and ...

eBikeGo announces joint venture with Vpledge Delivery

eBikeGo an electric bike rental and delivery platform entered into a joint venture with Vpledge Delivery recently. In this exclusive partnership, eBikeGo will be providing theire co-friendly electric scooters for hy...

Mahindra & Mahindra invests Rs 1000 crore + to ready BS VI engines

The good news is that Mahindra & Mahindra is ready with its BS VI engines across its entire diesel and gasoline portfolio. The entire transition will be costing the company upwards of Rs 1000 crore. With its portf...

FCA submits proposal for merger with Groupe Renault

Fiat Chrysler Automobiles N.V. has delivered a non-binding letter to the Board of Groupe Renault proposing a combination of their respective businesses as a 50/50 merger. Groupe Renault has confirmed receipt of a pr...

Flash Electronics files suit in U.S against Royal Enfield for patent infringement

Flash Electronics India Ltd, a leading electronic and electric auto components player has filed a law suit against Royal Enfield challenging patent infringement in the US regarding production of an important compone...

MG Motor India commences commercial production of Hector from Gujarat

MG (Morris Garages) Motor India, part of the mammoth China based SAIC Group, rolled out the first production version of Hector from its state-of-the-art facility at Halol in Gujarat. Hector, MG’s first car in India,...

Ather Energy announces entry into Chennai in June

Ather Energy products will not be available in Chennai by June 2019. Chennai is the second city the company is entering after its commercial launch in Bengaluru in 2018. With this, Ather plans to be in 30 cities ove...

Hyundai, Kia invest Rs 2062 crore in India’s mobility service provider Ola

Hyundai Motor Group and Ola, one of the world’s largest ride-hailing platforms, announced a strategic partnership under which Hyundai Motor Company (Hyundai) and Kia Motors Corporation (Kia) will make their biggest ...

SIAM hosts 13th edition of Styling and Design Conclave

The 13th SIAM Styling and Design Conclave and 11th Automotive Design Challenge organised by the Society of Indian Automobile Manufacturers (SIAM) based on the theme: ‘Shaping Tomorrow’s Mobility Business’ saw a myri...

MG Motor India invests Rs 150 crore in new corporate office in Gurugram

MG (Morris Garages) Motor India inaugurated its new corporate headquarters in Gurugram. The commercial space for the new India headquarters, acquired by the company at a cost of Rs 150 crore, will also house the com...

Honda Cars India implements new corporate Identity for dealer network

Honda Cars India Ltd announced that all its existing showroom and service centers will adopt a new corporate identity as part of its network modernisation initiative. The new identity accentuates the aesthetics and ...

Bajaj Auto launches new brand identity -The World’s Favourite Indian

Building on its ‘Hamara Bajaj’ roots, two-wheeler manufacturer Bajaj Auto Ltd released its new brand identity as “The World’s Favourite Indian” to announce its transition from a domestic scooter maker to a global mo...

Kia hands over vehicle fleet for Australian Open 2019; Ties up with Yes Bank in India

Kia Motors Corporation has supplied a fleet of vehicles for the Australian Open 2019, marking the 18th consecutive year of Kia’s role as the major sponsor for the Grand Slam of the Asia-Pacific. The official vehicl...

8th EV Expo 2018 concludes successfully with new launches

Electric vehicle manufacturers like Gonenka Electric Motors, Mahindra Electric, ETO Motors, Soni E-vehicle, Altius Technologies, Geekay E-Bicycles, HIM Technoforge, Thukral Electric Bikes, Champion Polyplast and o...

International Passive Safety Seminar calls for road safety and safe vehicles

The 2nd International Passive Safety Seminar (iPASS-2018) was conducted at ICAT, Manesar on December 13 and 14, 2018. The theme of the seminar was “Safe Vehicle, Safe Life”. The seminar aimed to spread the awareness...

Mahindra First Choice Services buys key assets of Carnation Auto

Mahindra First Choice Services (MFC Services) has entered into an asset acquisition agreement with the official liquidator of Carnation Auto (India) Pvt. Ltd. (CAPL). As a result, MFC Services will acquire key asset...

Bombay High Court clears sale of biodiesel as a transportation fuel

The Bombay High Court in a land mark ruling has relieved the restriction of MSHSD control order, 2005, for sale of biodiesel as a transportation fuel into internal combustion engines.

China’s SAIC Motor Corporation to leverage technology prowess to make cars in India

SAIC Motor Corporation, the biggest vehicle manufacturer in China, will soon be starting operations in India through MG Motor India, its fully owned subsidiary. SAIC, which has acquired a massive technological prowe...

BKT Arvind Poddar inducted into tyre industry’s 2018 ‘Hall Of Fame’

Balkrishna Industries Limited (BKT), India’s leading manufacturer of off-highway tyre has announced that its Chairman & Managing Director Arvind Poddar has been inducted in the 2018 Tyre Industry Hall of Fame instit...

Audi and Umicore develop closed loop battery recycling

Audi and Umicore have successfully completed phase one of their strategic research cooperation for battery recycling. The two partners are developing a closed loop for components of high-voltage batteries that can b...

TVS Motor Company elevates K N Radhakrishnan as Director & CEO

TVS Motor Company has appointed K N Radhakrishnan as Whole Time Director of the Company. He will hold offic

Mahindra Introduces leasing for retail buyers

Mahindra & Mahindra Ltd (M&M Ltd) has announced the introduction of leasing for retail buyers, a unique ownership experience for customers of its personal range of vehicles. This offering has been designed at a mont...

Anant Geete assures Indian auto industry of E-mobility Vision support

Ananth G Geete, Minister of Heavy Industry & Public Sector Enterprises assured the Indian auto industry that his ministry would take them along to adopt electric mobility. He told the automotive industry that promot...

Hyundai invests into Swiss tech startup WayRay AG

Hyundai Motor Company has announced a new strategic investment into Swiss deep-tech startup WayRay AG to expedite the development of holographic augmented reality (AR) navigation system for future vehicles, aiming t...

Motorcycle brand TVS Apache crosses 3 million sales milestone

TVS Motor Company announced that its premium motorcycle brand, TVS Apache has crossed a key sales milestone of 3 million units. Launched in 2005, the TVS Apache series of motorcycles is considered to be the fastest...

Continental appoints new Plant Manager for Modipuram tyre plant

Technology company and premium tyre manufacturer Continental has announced the appointment of Kuldeep Singh as plant manager for its tyre plant in Modipuram-Meerut, India. Kuldeep Singh succeeds Vivek Devgun who lef...

Greaves Cotton to acquire majority stake in electric vehicle company Ampere

Greaves Cotton, one of India’s leading diversified engineering companies, announced that they have entered into definitive agreements pursuant to which Greaves Cotton will acquire a majority stake in EV company Ampe...

Tata Motors to ramp up Sanand facility; 100% capacity utilisation

To further meet growing demand for its new generation passenger vehicles, Tata Motors announced its ramp up plans for the Sanand plant. Operating at 100% capacity utilisation currently, the plant has so far rolled o...

FCA files trade complaint against Mahindra in US; Says Roxor is a copy of Jeep

Automotive major Fiat Chrysler Automobiles (FCA) has filed a trade complaint against the Anand Mahindra-controlled Mahindra & Mahindra (M&M) seeking to stop the latter from selling the Roxor off-road vehicle in the ...

Harley-Davidson succumbs to Indian curry, plans 250-500cc bikes for India

Iconic motorcycle manufacturer of the US and a favourite company of US President Donald Trump is beginning to appreciate the flavour of Indian curry. It has just announced its own recipe for the Indian palate wherei...

Major organisational changes in Bajaj Auto; Rakesh Sharma is new CCO

Leading motorcycle manufacturer Bajaj Auto has appointed Rakesh Sharma the company’s Chief Commercial Officer (CCO), a post newly created, with immediate effect. The announcement was made through in an internal comm...

Isuzu Motors India rolls out 10,000th vehicle from SriCity plant

Isuzu Motors India rolled out the 10,000th vehicle from its factory located in SriCity, Andhra Pradesh. The company rolled-out an Isuzu D-Max V-Cross from its assembly line marking the milestone and commitment to th...

Purpose-built electric vehicles for mobility on demand, says Roland Berger

The growing demand for ride-sharing services is giving rise to a new category of vehicles. These are cars with a flexible interior that can be individually tailored to the needs of their users. The potential for aut...

Slow takeoff for electric cars in India, says Bloomberg study

As dependence on conventional fossil fuels abates considerably all over the world in the coming years, electricity generated by wind, sun and batteries will define the way power is generated. The share of coal will ...

Volkswagen Group led by Skoda Auto to invest Rs 7900 crore in India 2.0 project

Global car major Volkswagen will be investing Euros 1 billion (Rs 7900 crore) in India for its India 2.0 project which was announced by the group recently. This money will be used to develop new Skoda models based o...

Mumbai Police inducts195 Mahindra TUV300 in fleet

Devendra Fadnavis, Chief Minister, Government of Maharashtra, flagged off Mahindra TUV300s from the Mumbai Police Commissioner’s office at Fort, Mumbai. These TUV300s are part of the 195 TUV300 vehicle that have bee...

Volkswagen Group entrusts Skoda Auto with major role in India 2.0 project

India’s largest car manufacturer Volkswagen has entrusted Skoda Auto in India to play a major role in the overall growth of its products in India as part of the group’s India 2.0 project. The Volkswagen Group compri...

Abraham Schot comes in place of Rupert Stadler at Audi AG

The Supervisory Board of Audi AG has decided to transfer the duties of the Board of Management Chairman to Abraham Schot on a temporary basis with immediate effect. As reported earlier, Audi CEO Rupert Stadler was t...

Nissan announces expansion plans in Africa, Middle East & India

Nissan Motor Co., Ltd. unveiled a major expansion strategy in the Africa, the Middle East and India region as part of the company’s six-year mid-term plan, Nissan M.O.V.E. to 2022.

Volvo Cars hopeful of increased sales & revenues

Volvo Cars, the premium car maker, has announced new financial and operational ambitions that will position the company as a leading player in the global automotive business by the middle of the next decade.

MAHINDRA & MAHINDRA SCALES NEW HEIGHTS---Sunny Side Up

Auto and farm equipment major Mahindra & Mahindra has finally found its place in the sun after several years of perseverance and hard work, the last three years being significant ones that led to the company transfo...

Daimler DigitalLife Day, a 2-day digital extravaganza held in India

Following three successive editions in Germany, Daimler DigitalLife Day was held in Bangalore, hosted by Mercedes-Benz Research & Development India (MBRDI). Around 3,000 attended the two-day annual digital extravaga...

Audi plans to sell 800,000 electrified cars in 2025

Audi aims to sell approximately 800,000 fully electric cars and plug-in hybrids in the year 2025. At the Annual General Meeting of AUDI AG held on May 9, 2018, the Board of Management presented the updated “Audi.Vor...

Production commences for all-new 2nd Generation Honda Amaze

Honda Cars India Ltd. (HCIL) has commenced the production of its much awaited all-new 2nd Generation Honda Amaze. The car is being manufactured at HCIL’s Tapukara plant in India’s northern state of Rajasthan. India,...

Adient , Arvind form JV to manufacture and sell automotive fabrics in India

Michigan (US) based Adient, a global leader in automotive seating which produces and delivers automotive seating for all vehicle classes and all major OEMs has formed a joint venture with India’s Arvind Ltd, one of...

MG Motor India to invest Rs 5000 crore in six years time, says Chaba

MG Motor India will be investing a total of Rs 5000 crore in six years time in India and will be launching its first vehicle, a sports utility vehicle (SUV), in India in the first quarter of calendar 2019. The comp...

Volkswagen Group to produce electric vehicles worldwide on massive scale

The Volkswagen Group will be stepping up its e-mobility drive with 16 locations around the globe getting ready to produce battery powered vehicles by the end of 2022. This was announced recently by Matthias Müller, ...

Mahindra and LG Chem collaborate for Li-ion battery technology

Mahindra & Mahindra Ltd., a part of the US $19 billion Mahindra Group and LG Chem, Korea’s leading manufacturer of advanced batteries have announced a collaboration in the field of advanced Li-ion battery technology...

Gurpratap Boparai is new Managing Director of Skoda Auto India

Skoda Auto India Private Ltd. (SAIPL) has appointed Gurpratap Boparai as the company’s new Managing Director as of April 2, 2018. The 48-year-old was most recently CEO of Fiat India Automobiles Ltd.

Hero Motocorp surpasses record 7 million unit sales in calendar year 2017

Hero MotoCorp Ltd., the world’s largest two-wheeler manufacturer, capped-off the calendar year (January-December 2017) with yet another global benchmark, surpassing the landmark seven million units in cumulative sal...

Suzuki Motorcycle India clocks 50pc year on year growth

Suzuki Motorcycle India Private Limited (SMIPL) rounded off a successful year 2018, clocking an overall sale of 39,786 units during December 2017 to record a year-on-year growth of 50.16%. Once again, Suzuki Motorcy...

Hyundai registers highest ever cumulative sales of 6,78,221 units in CY 2017

Hyundai Motor India Ltd. (HMIL) has registered record sales by surpassing its Calendar Year 2017 Business Plan with highest-ever domestic sales of 5,27,320 units and cumulative sales of 6,78,221 units.

Govt to implement Methanol 15 pc blending with petrol, says Gadkari

India is shortly going to implement Methanol 15% blending programme with petrol and the cost of petrol is expected to come down immediately by 10% and M100 programme for buses and trucks is also to be implemented sh...

Finally, Delhi to get automated driving test centres, courtesy Maruti Suzuki

Leading car manufacturer Maruti Suzuki India Limited (MSIL) has entered into an agreement with the Government of NCT of Delhi to set up state-of-the-art Automated Driving Test Centres across 12 locations in the city...

89% auto sales in India are digitally influenced: Google & Kantar TNS Report

Google India, along with Kantar TNS, released a comprehensive report on the influence of digital on the decision-making journey of an automobile shopper. The report titled “The Drive to Decide” states that in 2017, ...

Kinetic Engineering Limited records a 48% growth in Q2 revenues

Kinetic Engineering Limited, part of the Kinetic Group of Companies headed by Arun Firodia which transformed its business from two-wheelers to auto component systems since 2009, has in a board meeting held on Decemb...

Delphi Automotive, now named Aptiv,  completes spin-off of powertrain segment

Early December 2017, Delphi Automotive PLC completed the spin-off of its Powertrain segment into Delphi Technologies, a $4.5-billion independent entity. Meanwhile, Delphi Automotive, engaged in developing more conne...

TVS Apache RR 310 launched for Rs 2.05 lakh; Marks entry into super-premium segment

TVS Motor Company has launched the TVS Apache RR 310. The motorcycle marks TVS Motor Company’s entry into the super-premium segment, both in domestic and international markets. The TVS Apache RR310 will be availabl...

FCA recalls more than 9000 Jeep Compass SUVs across markets for faulty airbags

Fiat Chrysler Automobile (FCA) US LLC is recalling an estimated 7,000 U.S.-market SUVs in customer hands to replace their front passenger-side air bags. A supplier advised FCA US that, during its air-bag module asse...

Toyota, Suzuki conclude MoU on EV introduction in India

It’s final now as both Toyota and Suzuki have confirmed the introduction of electric vehicles in India by 2020. Japanese car majors Toyota Motor Corporation (Toyota) and Suzuki Motor Corporation (Suzuki) have concl...

BS -VI grade auto fuels rule kicks in Delhi NCT from April 1, 2018

Taking into account the serious pollution levels in Delhi and adjoining areas, Petroleum Ministry in consultation with Public Oil Marketing Companies (OMCs) has decided for advancing of BS-VI grade auto fuels in NCT...

Royal Enfield launches UK Technology Centre & unveils new engine

Motorcycle manufacturer Royal Enfield, the global leader in mid-size motorcycle (250cc-750cc) segment, unveiled its first modern twin-cylinder engine at its new Technology Centre in Leicestershire, England. This new...

REWIND: Gadkari speech, so full of contradictions

Not many realised that Union Transport Minister Nitin Gadkari who addressed the auto industry leaders at the 57th SIAM Annual Convention in New Delhi last month left the audience not in splits, but in an absolute st...

JBM Group denies recovery of Rs 7 crore cash and gold in I-T raids

Immediately after a news agency reported that Income Tax officials had raided the premises of SK Arya controlled US $ 1.2 billion JBM Group (Jai Bharat Maruti) and had recovered around Rs 7 crore cash and three kilo...

Force Motors ties up with Rolls Royce Power Systems

Leading commercial vehicle and engine manufacturer and Abhay Firodia controlled Force Motors has entered into a non-binding term sheet with Rolls Royce Power System AG (R-RPS) to form an Indian joint venture company...

EXCLUSIVE: UM to bring 2 new products by 2018, exploring scooter segment

UM Lohia Two Wheelers, a 50:50 joint venture between UM International, a company based in the US and Ayush Lohia-controlled Lohia Auto, will be introducing at least two new products in India in the next one year. On...

Lexus India reorganises structure, strengthens leadership

Five short months after its debut in India, Lexus India has announced a restructured organisation, to position for further growth in the market. The new organisation, which now stands independently from the broader ...

Lumax announces JV with Francisco Albero S.A.U to make Oxygen Sensors

With the Indian automotive industry gearing up for a leap frog to BS VI norms by 2020 many manufactures have invested heavily in technology and R&D. The Lumax DK Jain Group announced a joint venture with Francisco A...

JSW Energy to invest Rs 4000 cr in e-vehicles, energy storage systems business

JSW Energy Limited, part of the JSW Group and a growing energy company is planning to launch its own electric vehicle by 2020. The company is keen to enter into electric vehicles, energy storage systems and associat...

Hitachi, Honda establish joint venture for electric vehicle motors

Hitachi Automotive Systems and Honda Motor Co announced the establishment of a joint venture company for the development, manufacture and sales of motors for electric vehicles on the premises of Hitachi Automotive S...

SAIC Motor to set up its first car manufacturing facility in India

SAIC Motor Corporation, one of the biggest corporations in the world and the largest automobile giant in China, has announced its plan to enter the Indian automobile market through a fully-owned car manufacturing fa...

GM exit, a planned scam, say protesting GM India dealers

General Motors India’s decision to stop domestic sales in India is a planned scam, stated several dealers who were protesting along with their employees in New Delhi’s Jantar Mantar area on June 27, 2017. General Mo...

Mahindra First Choice Wheels includes premium bikes

Mahindra First Choice Wheels Ltd. (MFCWL), India’s leading multi-brand used car products and services company, has now entered the space of used premium two wheelers. The company will initially focus on the premium ...

Jeep Compass, Tata Nexon will add zing to Ranjangaon plant

Two new car models from two different car manufacturers--the Jeep Compass SUV from Fiat Chrysler Automobiles (FCA) India and the Tata Nexon, a compact SUV from Tata Motors, are expected to inject a lot of action ver...

Uno Minda Group in JV agreement with Katolec Corporation of Japan

Minda Industries Limited, the flagship company of Uno Minda Group has entered into Joint Venture (JV) agreement with Katolec Corporation, Japan. The proposed name for the joint venture company is Minda Katolec Elect...

Kia plant in India likely to be part of Hyundai Group US$ 73 billion global investments in 2015-18

Hyundai Motor Group has earmarked around US$73 billion in facilities and R&D between 2015-2018. The US $44 billion Kia Motors Corporation, a leading car manufacturer based in South Korea and a company which is part ...

Cyrus Mistry praised; Tata Nano a loss making project, admits Tatas

The slugfest between the ousted Chairman of Tata Sons Cyrus Mistry and the Tata Group is appearing to go in favour of Mistry, with the latest developments vindicating him on several stands.

Cyrus Mistry comes out with guns blazing in letter to Tata Sons’ Board

Cyrus Mistry who was ousted from his position as Chairman of Tata Sons finally came out with his guns blazing in a hard hitting letter to the Directors of Tata Sons and to the Trustees of the Tata Trusts. He said in...




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