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Nine killed in day-long gun battle in Punjab near Pakistani border| Reuters

Jul 28, 2015 at 00:15 | Source: FirstPost

DINANAGAR, India Police overcame a group of gunmen dressed in military fatigues on Monday after a 12-hour battle that ended in a small-town police station near the border with Pakistan, and at least nine people were killed.Police in Punjab killed thr...

India's reforms target labour anarchy, but too late for some | Reuters

Jul 26, 2015 at 11:30 | Source: FirstPost

NEW DELHI Last month, hundreds of workers went on the rampage at a factory belonging to garment exporter Orient Craft, torching vehicles and smashing windows in the gritty industrial fringes of Gurgaon, a Delhi satellite city.Increasingly common in I...

Honda Jazz makes comeback in India, price starts at Rs5.3 lakh

Jul 08, 2015 at 21:20 | Source: FirstPost

New Delhi: Japanese carmaker Honda's premium hatchback Jazz today made a comeback in the Indian market with the company launching a third-generation version of the model priced between Rs 5.3 lakh and Rs 8.59 lakh (ex-showroom Delhi).The car, which w...

Phasing out Maruti from premium cars? Suzuki sets up new outlets to sell S-Cross

Jul 06, 2015 at 09:18 | Source: FirstPost

Is Maruti brand being phased out of Suzuki's premium cars? It seems so. According to a PTI report, In its bid to crack the big vehicle segment, Maruti Suzuki India is establishing a new setup of retail outlets under Nexa brand to sell premium product...

Suzuki S-Cross: Comparing the UK-spec and India-spec models

Jul 02, 2015 at 15:10 | Source: FirstPost

Maruti-Suzuki has justunveiled the highly awaitedS-Cross in India. The car is positioned as a premium offering and Maruti Suzuki has indicated that the S-Cross may sport a higher price tag than the Ciaz. While the India-spec S-Cross comes with a host...

Indian businesses turn sceptical on Modi's landmark tax reform| Reuters

Jul 02, 2015 at 03:45 | Source: FirstPost

NEW DELHI For years Indian businesses have lobbied for a nationwide sales tax, hoping to replace a chaotic structure that inflates costs and halts their trucks at state borders for duty payments, and to unify the country into one of the world's large...

Sensex ends down 167 points, after crashing over 600 pts in initial trades

Jun 29, 2015 at 17:05 | Source: FirstPost

Domestic equity markets ended off their intra-day lows as late bout of shortcovering in select FMCG and frontline stocks helped the benchmark Sensex erase most of its early losses after a weak opening had snow-balled into a full-blown sell-off in the...

Reliance Industries steals the show as Sensex edge past 27,100 to mark fifth straight session gain

Jun 18, 2015 at 17:21 | Source: FirstPost

While bulls appeared to have got their act together after the recent thrashing, today's extended rally in the market was the result of a sublime performance by index heavyweight Reliance Industries (RIL), which registered its best single-day gains on...

India's auto safety crisis: Why Janhavi Gadkar survived in the Audi and those in the taxi didn't

Jun 13, 2015 at 08:17 | Source: FirstPost

It took yet another high-profile case last week's Mumbai accident involving an Audi and a taxi to once again highlight that a large section of India-manufactured vehicles are far from safe.A look at the two vehicles (pic below) involved in the accide...

India's auto safety crisis: Why Janhavi Gadkar in the Audi survived and those in the taxi didn't

Jun 12, 2015 at 21:55 | Source: FirstPost

It took yet another high-profile case last week's Mumbai accident involving an Audi and a taxi to once again highlight that a large section of India-manufactured vehicles are far from safe.A look at the two vehicles (pic below) involved in the accide...

Car sales in May rise for seventh straight month, but two-wheelers hit bumpy ride

Jun 10, 2015 at 14:45 | Source: FirstPost

New Delhi: Car sales in India grew for the seventh month in a row in May, rising 7.73 percent even as the auto industry stayed in the slow lane on the path to recovery. Declining motorcycle sales remained a cause of worry.According to data released b...

Maruti launches Celerio diesel version, priced up to Rs 5.71 lakh

Jun 03, 2015 at 18:41 | Source: FirstPost

New Delhi: Maruti Suzuki India (MSI) today launched a diesel variant of hatchback Celerio, powered by parent Suzuki's first diesel engine, priced between Rs 4.65 lakh and Rs 5.71 lakh (ex-showroom Delhi).The Celerio diesel powered by an 793cc engine ...

Uber sexual assault case: Driver arrested in Gurgaon, Bassi promises prompt action

Jun 02, 2015 at 15:37 | Source: FirstPost

A driver contracted with US-based online taxi company Uber Technologies was arrested near New Delhi on Tuesday, police said, after a woman passenger accused him of sexual harassment when she hailed his cab over the weekend.The latest accusation surfa...

Car sales in May subdued as demand slows; Maruti, Tata Motors buck trend

Jun 02, 2015 at 09:56 | Source: FirstPost

New Delhi - Domestic car sales remained subdued in May with only Maruti Suzuki and Tata Motors clocking double-digit growth, while Hyundai and Honda posted marginal increase in sales as the auto sector continued to face challenges.Mahindra & ...

Modi's one year: Pharma and auto stocks sizzle while Sensex returns 11%

May 26, 2015 at 17:39 | Source: FirstPost

Critics may be baying for his blood but the stock market has kept its faith in prime minister Narendra Modi. At least that is what one would infer from the returns data analysis over the last one year.When Modi stormed to power last May, expectations...

Marc Faber: To achieve meaningful growth, Modi govt must curtail power of bureaucracy

May 26, 2015 at 13:16 | Source: FirstPost

This article appeared in the Forbes India magazine issue of 29 May, 2015By Marc FaberIndia is in the midst of change. One of the biggest successes India has had, compared to other nations, is that the stock markets have risen and the currency has bee...

Sensex ends flat, market cautious on Q4 earning numbers

May 21, 2015 at 19:50 | Source: FirstPost

Mumbai: The benchmark BSE Sensex today settled marginally lower by 28 points at 27,809.35 as market remained cautious on concerns over poor quarterly earnings despite prevailing rate cut hopes.Participants were guarded ahead of corporate earning numb...

Renault to launch hatchback Kwid later this year, targets Alto 800, Hyundai Eon

May 20, 2015 at 15:49 | Source: FirstPost

Chennai: Renault launched a premium compact car in India on Wednesday to challenge rivals such as local leader Maruti Suzuki, becoming the first European automaker to debut an international model in the world's sixth-largest car market.The Kwid hatch...

Sensex surges nearly 250 points; inches towards 27,900 mark; rupee down

May 20, 2015 at 10:19 | Source: FirstPost

Key equity benchmark indices opened on a buoyant note early Wednesday, with the Sensex inching towards the 27,900-mark as heavy buying was seen in power, banking and software shares.A day after the markets ended with a negative bias, the Sensex opene...

Timely monsoon, rate cut hopes boost market; Sensex up 118 points

May 15, 2015 at 22:36 | Source: FirstPost

Mumbai: Logging second straight weekly gain, the benchmark BSE Sensex today rose 118 points to 27,324 on forecast of a timely monsoon, while Finance Minister Arun Jaitley saying economy was in a recovery mode with inflation and fiscal deficit under c...

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