Business

Business

Toyota suspends Indian auto output after labour unrest

TOYOTA said on Monday (March 17) it has suspended production at its two Indian auto assembly plants in response to threats against management and...

Food price surge puts India’s Rajan on the back foot

PRICES of many foodstuffs are surging in India, despite a good start to monsoon rains - an unexpected boon for wholesalers, but a major...

Tata Motors posts loss after Tianjin disaster

INDIA'S largest car maker Tata Motors reported a quarterly loss of $65.4 million on Friday (November 6) due to a massive one-off hit from...

Apple puts supplier Wistron on notice after Indian factory violence

Apple Inc has placed supplier Wistron Corp on probation, saying on Saturday it would not award the Taiwanese contract manufacturer new business until it...

26 months of RBI tenure was under BJP rule: Raghuram Rajan reminds FM

Former RBI Governor Raghuram Rajan, who faced a stinging attack from Finance Minister Nirmala Sitharaman for presiding over the "worst phase" of the Indian...

India’s car industry shifts back to faster lane

AFTER two years of shrinking Indian sales, automakers are moving back into the fast lane as the economy picks up, although analysts say it...

India service sector contracts sharply in May; firms cut jobs

India's service sector activities declined sharply in May as the coronavirus pandemic continued to impair business operations, restrict consumer footfall at shops and resulted...

India travel and tourism sector likely to lose Rs 5 trillion due to COVID-19...

The coronavirus pandemic has dealt a crippling blow to the Indian travel and tourism industry and the entire value chain linked to the sector...

Mumbai brokerage blames ‘technical issues’ for share fall

A MUMBAI brokerage on Saturday (February 2) blamed technical problems for “unintended” stock market transactions, a day after there was an unexpected dive in...

IKEA to invest £1.5bn in India store openings

  SWEDISH retailer IKEA , the world's largest furniture maker, will set up shop in India after earlier balking at sourcing requirements, spending €1.5bn (£1.21bn/$1.9bn)...