The Bangalore-based Toyota Kirloskar Motor recently announced the launch of its new initiative ‘Toyota Green Journey’, an ideation and innovation contest to get young college students in India to think about sustainable initiatives for a greener future.Automotive News by Jayashankar Menon on Oct 29 2012
The Hyundai Motor India Employees Union firmed up its plan to launch agitation, including a strike at the car manufacturing plant in Chennai, demanding reinstatement of dismissed workers and a long term wage settlement.Automotive News by Jayashankar Menon on Oct 29 2012
In an industry that has remained flat over the last one year, and seen 13 percent drop in sales in the June-September 2012 quarter, high-end tractors seem to find no dearth of takers, tractor maker Escorts has discovered.Automotive News by Jayashankar Menon on Oct 29 2012
What with the workers of Apollo Tyre's plant at Vadodara threatening to go on an indefinite strike, the labour department of Gujarat Government has called for a rapprochement meeting between the striking workers, management and representatives of the newly formed Bharitya Mazdoor Sangh (BMS) today at the formers' office in the city.Automotive News by Jayashankar Menon on Oct 29 2012
Shares of KPIT Cummins Infosystems is trading higher four percent at Rs 122 after reporting a better-than-expected 157 bps improvement in operating margins at 16.66 percent for the second quarter ended September quarter (Q2) against the company’s target of around 50 bps on quarter on quarter basis (q-o-q).Automotive News by Jayashankar Menon on Oct 29 2012
The Centre for Monitoring Indian Economy (CMIE), in its latest report said that the Indian automobile production, which was impacted by rising input costs and increasing fuel prices, along with weak consumer sentiment in the April-August period, would not only recover in the second half but also end FY 2012-13 with around six percent growth.Automotive News by Jayashankar Menon on Oct 29 2012
Bolywood actor Anil Kapoor marks the global launch of The Official Formula 1 OPUS in India.Automotive News by Jayashankar Menon on Oct 29 2012
Audi Chennai had organised a unique drive experience for their customers from October 26-28, 2012 at the ATV track, East Coast Road.Automotive News by Jayashankar Menon on Oct 29 2012
The Indian auto component industry has learnt a lot from Maruti Suzuki, as they brought in this change in India.Automotive News by Jayashankar Menon on Oct 29 2012
'South Indians are more conservative when it comes to risk appetite and debt-to-capital structuring', says Rane Group Chairman L Ganesh.Automotive News by Jayashankar Menon on Oct 28 2012
Creating the right kind of talent pipeline is one thing, and developing managers to take on responsibilities much earlier is another says Rane Group Chairman, L Ganesh.Automotive News by Jayashankar Menon on Oct 28 2012
An estimated 32 percent the traffic police personnel in Hyderabad, the capital city of Andhra Pradesh, the fifth largest metropolitan city in India, suffer from lung related disorders including pneumonia and bronchitis, thanks to the worst air pollution.
The Indian auto industry recorded a strong hiring momentum during the first half of 2012, despite the global slowdown, according to the TimesJobs.com bi-annual recruitment report, RecruiteX.Automotive News by Jayashankar Menon on Oct 28 2012
The former Chairman and Managing Director of United India Insurance Company Limited, G Srinivasan is the CMD of New India Assurance.Automotive News by Jayashankar Menon on Oct 27 2012
Petrol prices were today hiked by 29 paise per litre and diesel by 20 paise after the Government decided to increase the commission paid to petrol pump dealers.