Business

Business

Mistry says no to chairmanship of Tata Sons, wants a board seat at holding...

Ahead of the Supreme Court hearing on Tatas' plea challenging his reinstallation as the Tata Group chief, Cyrus Mistry on Sunday ruled out pursuing...

Diesel demand in India seen immune to stepped price hikes

INDIA’S demand for diesel will stay buoyant despite its plan to hike the price of the fuel in small monthly steps, analysts and company...

General Motors India recalls 114,000 cars

GENERAL Motors India announced on Wednesday (July 24) it was recalling 114,000 models of its Chevrolet Tavera compact car in one of the biggest...

Star economist takes over India’s central bank amid crisis

INDIA’S new central bank chief Raghuram Rajan takes over the helm this week as the nation grapples with its worst financial crisis in decades,...

India gets tough on ‘willful default’

KEMROCK Industries and Exports owns a golf course near its plant in western India and its chairman, Kalpesh Patel, talks of the high salaries...

RBI deputy says ‘long way’ to go before inflation eases

INDIA'S inflation has a “long way” to go before it eases because of high input costs, while the reasons for elevated food price inflation...

Sensex sheds 98 points in the opening trade on profit-booking

THE BSE benchmark Sensex has fallen by over 98 points in the opening trade as participants booked profits registered during yesterday’s (November 28) rally...

Vedanta to list Zambia copper unit, raise $1.1bn

INDIA-FOCUSED mining group Vedanta plans to list its Zambian copper business on the London stock exchange to unlock value, raising $1.1bn (£687m) to expand...

Lufthansa to begin Airbus A380 flights to India in 2014

THE head of Lufthansa said the German airline plans to begin flying Airbus A380 superjumbo jets on routes to India later this year. On Monday...

Jet Airways to acquire 75 fuel-efficient Boeing planes

      NARESH Goyal-promoted private carrier Jet Airways will acquire 75 fuel-efficient 737 MAX 8 aircraft from US plane maker Boeing.   The decision to buy...