The Gujarat-based commercial vehicles manufacturer, Asia Motor Works initially planned to raise $ 150 million through stake dilution plan for its expansion programme.
The Confederation of Indian Industry's Total Cost Management Division is organising its two-day flagship event, Cost Congress 2012 on December 6 at Hotel Hilton, Chennai.
Audi India's latest state of the art service facility, Audi Approved Plus was opened on main Najafgargh Road, Moti Nagar this morning.
Asia Motor Works, the Gujarat-based commercial vehicles manufacturer has launched 2528 TP Tipper in India, which would reduce mining cost by six percent.
The inauguration marks TVS & Sons' 27th facility for Ashok Leyland across Tamil Nadu and 63rd dealership across India.
The Chennai-based Ashok Leyland Limited, the flagship firm of the Hinduja Group and one of the leading commercial vehicle manufacturers in the country is contemplating on unveiling four products and new variants of its existing offerings for Defence.
The shares of MRF Tyres over performs the market by gaining 16 percent in past one week post Q4 earnings.
Leading Indian Industry body, the Society of Automobile Manufacturers recently organised a conference on 'Diesel for Future: Economy & Environment in New Delhi, where the key speakers urged the need to recognise diesel as a viable alternative.
Lowell Paddock of General Motors had urged the use of clean diesel fuel to power vehicles in the future at a recently held conference organised by SIAM, titled: 'Diesel For Future: Economy and Environment'.
Ravi Srinivasan, Managing Director of Craftsman Automation, one of the leading engineering firm engaged in the manufacturing of precision compnnents, have won the TieCOn Award 2012 at a function held in Chennai.
What with the burgeoning interest rates, coupled with spiralling fuel cost and sagging economy had resulted in the number of new vehicle owners in India had grown marginally in the current year in contrast with 2011.
Work on proposed Kannur international airport would be dedicated to the nation in three years, K Babu, Minister in charge, has said.
Physical rubber prices surrendered further yesterday, while the market seemed to be expecting a sharp increase in arrivals during the ongoing peak production season.
The Bangalore-based Indian arm of the German auto component major, Bosch is contemplating on strengthening its product portfolio, following the global acquisition of the US-based auto diagnostics specialist, SPX Service Solutions for $ 1.15 billion.
Indian manufacturing sector has logged a humungous growth in November, clocking the fastest pace in five months.
