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Honda Motorcycle & Scooter Indiaon Friday announced that it will expand the annual production capacity of its third two-wheeler production plant.
Honda Cars India Limited (HCIL) will invest Rs 380 crore to expand the annual production capacity of its plant at Tapukara in Rajasthan, from the current 1,20,000 units per annum to 1,80,000 units per
The Competition Commission has dismissed a complaint which alleged that private sector lender Tamilnad Mercantile Bank indulged in unfair business practices while providing banking services.
Prime Minister Narendra Modi said on Friday India should try to cut oil imports by 10% in 2022 from 77% now.
India\'s biggest airline by market share, IndiGo, is preparing to file a draft prospectus by May for a stock listing to raise $300 million to $400 million, two people with knowledge of the plans said,
State-run Coal India will more than double its capital expenditure next fiscal to over Rs 10,000 crore to spruce up infrastructure and meet its production target of 1 billion tonnes, according to a
Dividends declared by a foreign company, having assets in India, to another overseas arm will not be taxable in India. The Central Board of Direct Taxes (CBDT) has issued a direction to income-tax
State Bank of India has raised $100 million, or about Rs 626 crore, by selling five-year bonds to international investors as it plans to expand offshore credit. The bank\'s London branch has raised the
Public sector banks are likely to make individual presentations to the finance ministry on their capital requirements and business plans.
Indiabulls Housing Finance (IBHFL) has raised $150 million (Rs 940 crore) from Qatar National Bank Group (QNB Group) under external commercial borrowings for low-cost and affordable housing.
India Inc. has urged the government to allow private companies to accept deposits from the public without a deposit insurance contract for one more year, saying they were already facing challenges
There\'s no stopping the e-commerce juggernaut. Six mega cities and 11 tier-2 cities, which account for more than half the wealth of the country, have seen nearly 92% of their people shop online,
Indian equities have witnessed the second sharpest cut in earnings growth in Asia, after Hong Kong, in the last two months. The consensus earnings per share (EPS) for the CNX Nifty has trimmed down to
Fiat Group-owned automotive parts maker Magneti Marelli S.p.A, which recently introduced Automated Manual Transmission or AMT in India with Maruti Celerio, is seeking to more than double its revenue
The civil aviation ministry may turn to private sector to find a suitable candidate to head Air India, minister of state for civil aviation Mahesh Sharma on Thursday said on the sidelines of an
United Bank of India and Housing and Urban Development have scrapped their fund-raising plans in bonds as yields have hardened after the US Federal Reserve hinted at the possibility of a rate hike
Honda Motor Co Ltd said on Friday that it would invest 9.65 billion rupees ($154 million) to expand its motorcycle and automobile production in India, targeting growing demand in Asia\'s third-largest
Lenders were among the biggest losers on Dalal Street on Thursday as the rebound in crude prices triggered expectations of a decline in the rupee and raised worries about a delay in the next round of
Thursday left Indian cricket fans and traders disappointed alike. While the former rued India\'s ouster from the World Cup, the rollover of derivatives was nothing much to cheer about, with the bears
PCMA Rus, a Russian venture owned by France\'s PSA Peugeot Citroen and Mitsubishi Motors Corporation, will temporarily suspend production of Peugeot, Citroen and Mitsubishi models, it said on Friday.
India\'s top hotel chains are witnessing a change of guard for varied reasons just when the hospitality industry appears on the cusp of recovery from a longish spell of dwindling profits and bleeding
Reliance Communications has lost airwaves in three of the seven circles where its permits are up for renewal, ending the auctions in a weaker shape.
The spectrum auction has separated the men from the boys. Analysts believe that the bigger players — Bharti Airtel, Vodafone India and Idea Cellular — have just gotten stronger, having spent three
PSA Peugeot Citroen said on Friday it had chosen a French factory over a rival Spanish plant to expand engine production, prompting a visit by President Francois Hollande to highlight a bright spot
A day after the government grossed the highest-ever revenue from the sale of airwaves, telecom minister Ravi Shankar Prasad, in an interview to ET\'s Anandita Singh Mankotia, said the results vindicate