Business

Business

India’s GoAir orders 72 new Airbus planes

INDIAN budget carrier GoAir said today it has placed an order for 72 new A320 Airbus aircraft in a deal worth up to $6.1bn...

Mundra port wins Australian coal port for $2 bn

INDIA’S biggest private port operator, Mundra, today acquired Australia’s Abbot Point Coal Terminal, bidding $2bn (£1.21bn) in a move that will more than double...

First witnesses due in Satyam fraud trial

LAWYERS were set to call their first witnesses today in the trial of the disgraced founder of Indian outsourcing giant Satyam, in a billion-dollar...

ArcelorMittal to build smaller plants in India

AS PART of a new strategy for  India, ArcelorMittal today said it will build, to begin  with, smaller steel plants in India’s states of...

Tata Motors targets $700m issue: report

INDIA’S leading vehicle maker Tata Motors may raise $700m (£447m)  through a share offering as part of a drive to cut its debt, a...

Tata Motors to set up a heavy truck plant in Myanmar

INDIA’S largest vehicle maker Tata Motors said today it signed a contract with Myanmar Automobile and Diesel Industries to set up a heavy truck...

Honda to unveil new small car at India auto fair

JAPANESE automaker Honda announced yesterday it would unveil a new small car targeting emerging market consumers at an auto show in the Indian capital...

Tata Motors ‘may let others to assemble Nano’

TATA Motors, India’s largest vehicles maker, may allow local car assemblers to put together its Nano and sell it under their own brand, the...

Asian summit to push economic new world order

ASIAN leaders will seek to assert a key role in a new world economic order this week at the first major international summit since...