News from other websites on Automotive Industry
Is the worst over for car sales?
Apr 11, 2013 at 08:45 | Source: DNA India
Led by a turnaround in sales of passenger car and medium and heavy commercial vehicles (M HCV) segments, the domestic automotive industry is expected to grow just a tad again this fiscal, after last fiscal s slowdown and a mere 2.61% growth. Accordi...
Heavy Industries Ministry seeks early approval for quadricycles
Apr 11, 2013 at 00:42 | Source: The Hindu BusinessLine
New Delhi, April 10: The Heavy Industries Ministry has sought early approval of standards for ‘quadricycles,’ a class of vehicle that can potentially replace three-wheeled auto-rickshaws on Indian roads. Various companies, including Baja...
Mahindra Mahindra expands dealership in the country
Apr 05, 2013 at 15:21 | Source: Economic Times
MUMBAI: Mahindra & Mahindra is one of the very few companies in the auto industry today that has been riding high despite the severe slowdown in the automotive industry, thanks to the fascinating growth in the utility vehicle (UV) segment where this...
Indian cos garner Rs 6,000 cr through IPOs in 2012-13
Apr 01, 2013 at 19:26 | Source: The Hindu BusinessLine
New Delhi, Apr 1: Indian companies mopped-up over Rs 6,000 crore during fiscal 2012-13 through initial public offerings (IPOs), a marginal rise of four per cent from the past year. A total of ten companies collectively managed to garner Rs 6,059 cro...
India Inc garners Rs 6,000 cr through IPOs in 2012-13
Apr 01, 2013 at 15:27 | Source: Financial Express
Indian companies mopped-up over Rs 6,000 crore during fiscal 2012-13 through initial public offerings (IPOs), a marginal rise of four per cent from the past year. A total of ten companies collectively managed to garner Rs 6,059 crore through their I...
Companies garner Rs 6,000 crore through IPOs in 2012-13
Apr 01, 2013 at 14:31 | Source: Economic Times
NEW DELHI: Indian companies mopped-up over Rs 6,000 crore during fiscal 2012-13 through initial public offerings (IPOs), a marginal rise of four per cent from the past year. A total of ten companies collectively managed to garner Rs 6,059 crore thro...
Indian companies garner Rs 6,000 cr through IPOs in 2012-13
Apr 01, 2013 at 14:31 | Source: Business Today
Indian companies mopped-up over Rs 6,000 crore during fiscal 2012-13 through initial public offerings (IPOs) , a marginal rise of four per cent from the past year.A total of ten companies collectively managed to garner Rs 6,059 crore through their I...
Indian cos garner Rs 6,000 cr through IPOs in 2012-13
Apr 01, 2013 at 14:31 | Source: Indian Express
Indian companies mopped-up over Rs 6,000 crore during fiscal 2012-13 through initial public offerings (IPOs), a marginal rise of four per cent from the past year. A total of ten companies collectively managed to garner Rs 6,059 crore through their IP...
Indian cos mop up Rs 6,000 cr through IPOs last fiscal
Apr 01, 2013 at 13:50 | Source: firstpost
New Delhi: Indian companies mopped-up over Rs 6,000 crore during fiscal 2012-13 through initial public offerings (IPOs), a marginal rise of four per cent from the past year.A total of ten companies collectively managed to garner Rs 6,059 crore throug...
Harvesting unused energy with flat thermoelectrics
Mar 30, 2013 at 23:07 | Source: DomainB
A large proportion of the energy we produce disappears unused into thin air via waste heat. Now tiny thermoelectric generators can tap this potential, by enabling the electricity to be produced by way of temperature differences. However, so far thei...
Gearshift in auto services market
Mar 29, 2013 at 22:27 | Source: The Hindu BusinessLine
Early this year, the Competition Commission of India (CCI) served notice to 17 undisclosed carmakers in India for indulging in anti-competitive practices. The charge is that these carmakers are tightly controlling sales of spare parts to their autho...
Mahindra Mahindra now focuses on expanding dealership network across in India
Mar 29, 2013 at 20:36 | Source: Economic Times
MUMBAI: Mahindra & Mahindra is one of the very few companies in the auto industry today that has been riding high despite the severe slowdown in the automotive industry, thanks to the fascinating growth in the utility vehicle (UV) segment where this...
German regulator raids ArcelorMittal, Voestalpine offices over price fixing
Mar 25, 2013 at 19:32 | Source: DomainB
Two European steelmakers ArcelorMittal and Voestalpine AG late last week said that their offices in Germany were last month raided by the country's antitrust regulator over alleged price fixing of steel supplied to the German auto industry. Without ...
Textiles Ministry asks firms to invest in technical textiles
Mar 22, 2013 at 06:12 | Source: Economic Times
NEW DELHI: Textiles Ministry today asked the industry to explore investment opportunities available in technical textiles segment along with the opportunity of availing benefits offered by government to give a boost to the sector. The technical text...
M M s e2o to bring down running cost to 50 paise per kilometre
Mar 19, 2013 at 10:35 | Source: Economic Times
NEW DELHI: Nine years after the country's first electric car REVAi, Mahindra Reva has launched a secondgeneration four-seat hatchback called the e2o that it says will bring down the running cost to 50 paise per kilometre. "It's a world class innovati...
Brazil's Gerdau buys out Kalyani stake in Tadipatri steel plant
Mar 18, 2013 at 21:57 | Source: DomainB
Brazilian steel company Gerdau has acquired virtually full ownership of what was so far Kalyani Gerdau, a steel plant at Tadipatri in Anantapur district of Andhra Pradesh, and announced today that the company's name would be changed from Kalyani Ger...
Isuzu to make LCVs in Andhra Pradesh
Mar 15, 2013 at 20:46 | Source: Business Today
Japanese automaker Isuzu Motors is setting up a greenfield manufacturing facility in Andhra Pradesh. Senior officials from the company and from the state government signed a memorandum of understanding to this effect on Friday, March 15. The facilit...
Detroit gets new financial manager Kevyn Orr
Mar 15, 2013 at 04:36 | Source: BBC
An emergency financial manager with wide-ranging powers has been appointed for the troubled US city of Detroit, in the biggest state takeover for years. Kevyn Orr, a lawyer who worked on restructuring the carmaker Chrysler after bankruptcy, will be a...
KPIT Cummins uses acquisitions to grow faster
Mar 14, 2013 at 23:16 | Source: The Hindu BusinessLine
Chennai, March 14: KPIT Cummins Infosystems Ltd has leveraged well the various acquisitions it had made in the past. It will continue to look for potential acquisition targets within its three focus areas — automotive and transportation, manuf...
February car sales crash by 26 pc, biggest fall in more than 12 years
Mar 12, 2013 at 07:42 | Source: Economic Times
NEW DELHI: India's car sales in February fell 26 per cent from a year earlier, the biggest fall in more than 12 years, as weakness in the economy and high cost of fuel and finance continued to dampen demand. Car manufacturers sold 158,513 units in F...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
