ACMA Automechanika New Delhi will be the nation’s first ever trade exhibition, specialised and dedicated to the auto-component aftermarket, and is expected to attract industry professionals from India and across the world.Automotive News by Jayashankar Menon on Jan 16 2013
R Shankar, earlier with Eicher, Tata Motors' Commercial Vehicles and Foton Motors, India will be responsible for business expansion and operational excellence in the Indian market.Automotive News by Jayashankar Menon on Jan 16 2013
The popular Toyota Fortuner TRD Sportivo Limited Edition vehicle is now available as a regular grade and the all new pearl white mica colour is now available in all grades.Automotive News by Jayashankar Menon on Jan 16 2013
The Chief Minister of West Bengal, Mamata Banerjee is taking pride and told the audience in Haldia yesterday as to how she utilised the Indian Railways to attract investment to the State, but one of the projects, which is close to her heart, an automotive hub at Shalimar in Howrah, for which she laid the foundation stone back in November 2009, hasn't found any takers.Automotive News by Jayashankar Menon on Jan 16 2013
Contrary to the aspiration and optimism of an auto boom in India, which was being billed as the next big turf for global car manufacturers, facing humungous financial crisis and saturation in Europe and the US markets, the Indian auto market has in fact slipped to a major extent, with the growth rate forecast to dip to a ten year low.Automotive News by Jayashankar Menon on Jan 15 2013
Around 1,200 permanent workers have been observing silent protests by wearing black bands at the Hero MotoCorp plant, to press for their demand.Automotive News by Jayashankar Menon on Jan 15 2013
The Rubber Board of India is conducting a one-day training in export management of natural rubber at Rubber Training Institute, Kottayam, on February 21, 2013.Automotive News by Jayashankar Menon on Jan 15 2013
India's largest car manufacturer, Maruti Suzuki India will hike the prices of its products by up to Rs 20,000 from January 16, 2013 in order to offset the pressure of volatile currency fluctuation.Automotive News by Jayashankar Menon on Jan 15 2013
The Board of Directors of Petronet LNG Limited on Sunday granted final investment decision to set up its third LNG terminal at Gangavaram in Andhra Pradesh.Automotive News by Jayashankar Menon on Jan 15 2013
Bajaj Finance, part of the Bajaj Group has posted a 33 percent increase in its third quarter net profit at Rs 160 crore (Rs 120 crore), riding back on rising interest and fee income.
Hindustan Motors, the manufacturers of iconic Ambassador cars and part of CK Birla Group is open to talks with other automobile manufacturers for utilising the surplus capacity at its Chennai plant which was de-merged recently.Automotive News by Jayashankar Menon on Jan 15 2013
The Government of India is contemplating on outright sale of its ailing Tyre Corporation of India Limited in the current fiscal and has identified three eligible suitors for buying out the PSU.
The Ministry of Civil Aviation, Government of India has given in-principle approval to the private sector KGS Aranmula International Airport, to be established in Kerala.Automotive News by Jayashankar Menon on Jan 15 2013
Brains Logistics Private Limited, a labour supply firm has lodged a case in Delhi High Court of cheating, forgery and criminal conspiracy against the two-wheeler major, Hero MotoCorp and its senior officials for allegedly colluding with each other to wrongfully terminate a contract the former.Automotive News by Jayashankar Menon on Jan 15 2013
The Board of Directors of Timken India Limited had announced on January 14, 2013 that it was considering a public issue, private placement or a combination thereof, of up to 42,65,134 equity shares.