Apr 29, 2016 at 16:51 | Source: CNBC-TV18
In an interview to CNBC-TV18 after reporting its fourth quarter earnings, Firodia said the traveller products division did very well with vehicles business contributing about 70 percent to growth and balance 30 percent coming from the engines business.
Apr 29, 2016 at 10:13 | Source: CNBC
The central bank, the People's Bank of China (PBOC), set the midpoint of the yuan trading band against the dollar at 6.4589, down 0.56 percent compared with the previous fix at 6.4954. That's the biggest change since 2005, when China removed its peg to the dollar.
Apr 29, 2016 at 07:38 | Source: PTI
The government's supply estimate for 2016-17 comes amid reports that India, the world's second biggest sugar producer after Brazil, might become a net importer due to likely fall in domestic sugar output in the wake of expected decline in cane production due to two consecutive years of drought.
Apr 28, 2016 at 10:52 | Source: Reuters
The annual list, released by the US Trade Representative's Office, carries no threat of sanctions, but aims to shame governments into cracking down on piracy and counterfeiting and updating their copyright laws.
Apr 28, 2016 at 10:11 | Source: Reuters
Gross domestic product probably rose at a 0.7 percent annual rate after a 1.4 percent pace in the fourth quarter, according to a Reuters survey, also as businesses stepped up efforts to reduce unwanted merchandise clogging up their warehouses.
Apr 26, 2016 at 16:34 | Source: CNBC-TV18
Even as auto sales have been flat for two years, market leader Maruti Suzuki has seen its market share grow.
Apr 26, 2016 at 14:05 | Source: CNBC-TV18
The government in February this year had imposed MIP on 173 steel products in order to protect the domestic steel producers from cheap imports.
Apr 25, 2016 at 20:04 | Source: Moneycontrol.com
Foreign participation in product licensing for franchise in the industry will also likely be banned, sources say, adding, government fears norms may be misused by companies to bring in foreign investments into manufacturing under the garb of licensed franchising and branding pact.
Apr 25, 2016 at 16:53 | Source: CNBC-TV18
Maruti sold 3.6 lakh units in Q4, a growth of 4 percent compared to 3.46 lakh units sold in year-ago period. Volume was hit due to production loss of 10,000 units in February on account of Jat reservation agitation in Haryana. Company temporarily suspended production due to disruption of component supplies.
Apr 25, 2016 at 13:00 | Source: PTI
Total auto sales in China reached 24.6 million last year, making it a crucial market for foreign manufacturers as well as domestic brands, but that represented growth of just 4.7 percent, down from 6.9 percent in 2014, data from industry group China Association of Automobile Manufacturers (CAAM) showed.