Deficits Could Be Next 'Black Swan'
Rich Vs. Poor IT Organizations
Honda Motor Co raised its full-year forecasts after posting a record quarterly net profit on Friday, while brisk sales returned France's Renault to profit in the first half
Ashok Leyland shares closed at Rs 72 on the Bombay Stock Exchange
Apollo Tyres reports consolidated April-June net profit at Rs 742 million, nearly flat from Rs 738.2 million a year ago
Shares in Mahindra, valued at $7.6 billion, have risen 16 per cent so far this year
Maruti shares, worth $8.3 billion, have fallen 13.2 per cent this calendar year
GM dealers have complained that tighter financing terms have cost them sales in a US auto market
TVS Motor would be spending around Rs 1.75 billion by March 2011 to ramp up capacity
Renault-Nissan and Mahindra & Mahindra have already expressed interest in Ssangyong
Italian carmaker Fiat said it may raise its targets later this year as it smashed forecasts for second-quarter trading profit after managing to cut costs and sell more higher-priced items
According to Deputy Managing Director Sandeep Singh if Toyota's India unit produces 70,000 Etios cars, sales would be anywhere between 65,000 to 67,000 cars
Net sales rose to Rs 806 crore, a 38.5 per cent increase from Rs 582 crore in the previous year
India's largest auto airconditioning maker, Subros Ltd, expects sales to grow by about 22 per cent as it adds more capacity to feed growing demand from a resurgent auto industry
Increasing input costs, especially that of steel and other commodities like rubber, had put pressure on margins
Mitsubishi said it was not discussing taking an equity stake in partner Hindustan Motors
The strike, at Atsumitec Co. in the city of Foshan, began on Monday, with 170 workers striking after management fired about 100
Luxury carmaker BMW has started rolling out the BMW 5 Series from its Chennai Plant. The cars will be seen on Indian roads by the end of July.
