Despite falling sales, Honda eyes new plant; buys 380 acres in Gujarat

Despite falling sales, Honda eyes new plant; buys 380 acres in Gujarat

 Honda Cars has acquired 380 acres in Gujarat to set up a new assembly line, though its two existing plants are running at half the install
25 Feb 2017, 12:50 PM IST
Cash crunch forces Indian town’s cinemas into a long intermission

Cash crunch forces Indian town’s cinemas into a long intermission

Milan Talkies used to be a cinema hall. Now it’s locked behind iron gates, home to a family of stray dogs who growl when other dogs show u
25 Feb 2017, 10:54 AM IST
TPREL synchronises 15-MW solar plant in TS

TPREL synchronises 15-MW solar plant in TS

Hyderabad: Tata Power Renewable Energy Ltd (TPREL), Tata Power’s wholly-owned subsidiary, on Friday announced the synchronisation of its 1
25 Feb 2017, 02:54 AM IST
Oxyloans  unveils loan scheme

Oxyloans unveils loan scheme

Hyderabad: City-based alternative lending platform, Oxyloans, on Friday announced a new scheme ‘OxyLoans Challenge,’ under which it’ll
25 Feb 2017, 02:50 AM IST
Seaways plans  expansion in Vizag

Seaways plans expansion in Vizag

Hyderabad: Seaways Shipping and Logistics Ltd (Seaways) is planning to expand its operations in Visakhapatnam and other parts of the country
25 Feb 2017, 02:44 AM IST

MORE FROM Business

Man behind Freedom 251 mobile phone detained for fraud

Mohit Goel, the Director of Noida-based company Ringing Bells which had announced Freedom 251 smartphones at an astonishingly low price of Rs 251+ apiece, was detained in Ghaziaba
23 Feb 2017, 09:03 PM IST

Centum Foundation launches Centum GRO to skill deaf youth in India

Centum Foundation, the CSR arm of Centum Learning, an ISO 9001:2015-certified skilling MNC, today announced the launch of Centum GRO to train deaf youth in India.
23 Feb 2017, 07:37 PM IST

MobiKwik to invest Rs 300 cr for business growth

Mobile wallet major MobiKwik today announced an investment of Rs 300 crore for expansion aimed at growing its user base from current 50 million to 150 million in 2017. The increase
23 Feb 2017, 03:32 PM IST

Barclays to pay $988 million to split from African business

Barclays has agreed to pay Barclays Africa nearly $1 billion to fund investments needed for it to split from its African business, paving the way for the British bank to cut its s
23 Feb 2017, 03:28 PM IST

Disrupting the disruptors: Singapore rattles sharing economy with rule change

Singapore, a keen early adopter of the sharing economy, has fired a warning shot across the bow of Airbnb and Uber with tighter rules that could shake up their business models and
23 Feb 2017, 03:25 PM IST

India's January rubber imports drop 39 percent y/y as prices rally - Board

India's natural rubber imports in January fell 39 percent to 24,093 tonnes from a year ago, the state-run Rubber Board said on Thursday, as tyre makers trimmed overseas purchases d
23 Feb 2017, 03:13 PM IST

Ghosn cedes Nissan CEO role, to focus on alliance with Renault, Mitsubishi

Nissan Motor Co said Carlos Ghosn will step aside as CEO after leading the firm for 16 years, allowing him to concentrate on deploying his cost-cutting expertise across its allianc
23 Feb 2017, 02:57 PM IST

Trump to seek jobs advice from firms that offshore U.S. work

President Donald Trump, who has vowed to stop U.S. manufacturing from disappearing overseas, will seek job-creation advice on Thursday from at least five companies that are laying
23 Feb 2017, 02:53 PM IST

Softbank denies interest in Vodafone-Idea cellular merged company

Japan's SoftBank Group on Thursday denied it was in talks with Vodafone Plc's Indian unit and Idea Cellular to pick up a stake in a potential merger between the two Indian wireless
23 Feb 2017, 02:50 PM IST

Exclusive: F1 team boss Mallya sees no grounds for extradition

India wants Mallya to face trial after the liquor and aviation tycoon was charged with conspiracy and fraud over a loan to his defunct Kingfisher Airlines. It said this month that
23 Feb 2017, 02:37 PM IST

Bharti Airtel enters agreement to acquire Telenor India business

Telecom operator Bharti Airtel Will acquire the business of Telenor India for an undisclosed sum in all seven circles where it holds spectrum.
23 Feb 2017, 10:46 AM IST

Khush Housing Finance to set up 30 offices in next 3 years

Khush Housing Finance (KHFL), which focuses on EWS and urban poor, today said as part of expansion, it plans to set up 30 offices across the country in the next three years. "The c
22 Feb 2017, 07:17 PM IST

Scrappage scheme can boost commercial vehicle sales by 65 per cent : Crisil

The voluntary vehicle modernisation programme (V-VMP) or the scrappage programme announced by the transport ministry can boost commercial vehicle (CV) sales by a cumulative 65 per
22 Feb 2017, 06:05 PM IST

Airtel picks up stake in fintech startup Seynse

Telecom giant Bharti Airtel has acquired a "strategic equity stake" in financial technology company Seynse Technologies for an undisclosed amount.
22 Feb 2017, 05:32 PM IST

Gold slips on firmer dollar, market looks to Fed minutes

Gold slipped on Wednesday as the dollar firmed, with investors looking to minutes from the U.S. Federal Reserve's latest meeting for clues on the timing of interest rate hikes.
22 Feb 2017, 04:50 PM IST

Lloyds profit hits 10-year high as bank approaches full recovery

Lloyds Banking Group reported its highest full-year profit in a decade on Wednesday, as the taxpayer-backed bank nears a complete recovery from its crisis-era past.
22 Feb 2017, 04:41 PM IST

Oil slips but close to multi-week highs

Global oil prices slipped on Wednesday as the U.S. dollar [.DXY], in which payments for crude are made, rose but they traded broadly at multi-week highs after OPEC signaled optimis
22 Feb 2017, 04:30 PM IST

Thyssenkrupp expects CSA sale to lead to net loss

Thyssenkrupp expects the sale of CSA to Ternium to lead to a net loss as it takes a 900 million euro ($946.5 million) writedown on the Brazilian steel mill.
22 Feb 2017, 04:26 PM IST

Reliance Industries shares surge to 7-1/2-year high on plans for Jio

Shares of Reliance Industries Ltd rose as much as 7.7 percent to a more than seven-and-a-half-year high, as investors welcomed plans by the company's Jio telecom unit to start char
22 Feb 2017, 04:23 PM IST

Panasonic unveils India’s first radiant cooling air-conditioner

Hyderabad: Leading the way in technology, innovation and design, Panasonic India Pvt Ltd on Tuesday unveiled India’s first-of-its-kind air-conditioner with radiant cooling techno
22 Feb 2017, 04:36 AM IST