In the special series â€˜Midcap Mania‘, CNBC-TV18‘s Nigel D‘Souza focuses on Lumax Industries, an automotive lightning company which is co-promoted by a Japanese major and focuses mainly on passenger vehicle space.
The company, which today launched its latest 250cc bike FZ 25 priced at Rs 1.2 lakh (ex-showroom Delhi), is banking on premium bikes and scooters to achieve its target.
The Tokyo Stock Exchange suspended trading in Takata shares after the report. A spokesman for Takata declined to comment on the report.
According to the Japanese financial services major, 2017 could well be another year of 'sticky' inflation that might breach the 6 percent mark during the fourth quarter of 2017.
Modi and Abe travelled in the train, whose speed ranges from 240 kms per hour to 320 kms per hour, from Tokyo to Kobe, a city on Osaka Bay in Japan.
Addressing business leaders at the India-Japan Business Leaders' Forum, he mentioned progress on GST and talked about other reforms in policies and rules to make investments and doing business easier in India.
A deal would mark the latest move by a Japanese firm to hive off struggling divisions to repair their finances, with Toshiba and Sony among a string of companies that have sold off assets in recent years.
In the first nine months of 2016, global merger and acquisition (M&A) volumes slipped 22 percent on-year to USD 2.55 trillion, from USD 3.27 trillion in the same period last year, Dealogic revealed in a new report on Tuesday. This ended a three-year streak of on-year increases, the financial data platform said.
Friday's unflattering figures bookmarked a week in which the IMF warned it would likely downgrade forecasts for the US economy, and the World Trade Organization slashed its outlook for global trade flows.
The new variant, which comes with various additional features like rear parking sensor and black interiors, will be available for sale during the festive season.
"Upon change in law, Bank of India has sold its 18 percent stake in Star Union Dai-ichi Life Insurance Company Ltd (SUD) to Dai-ichi Life Insurance Company Limited (DILIC)," the lender said in a regulatory filing.
Japan's transport ministry, which had been investigating the fuel economy on Mitsubishi models including the Pajero SUV, would report its findings as early as Tuesday, the Nikkei said, citing an unnamed source.
A Japanese team today met Sikkim Chief Minister Pawan Chamling here to explore investment opportunities in the state including for manufacturing units for drones and robotics in the initial phase.
Cautious Deutsche Bank has a FY16-19 CAGR target of 5 percent. It feels that while FY17 should see upside from new models, consensus expectations of a recovery during FY18/19 will have to be accompanied by a rebound in entry-level segments.
The suspected misdoings at Ricoh India is likely to be the biggest corporate fraud involving a local company after the Satyam scandal came to light in 2009.
Daiichi Sankyo, Daiichi Sankyo (Thailand) Ltd, Sun Pharmaceutical Industries Ltd, Ranbaxy (Netherlands) BV and Ranbaxy (Thailand) Company Ltd entered into a termination agreement on May 26, 2016.
With redi-Go, Datsun is pioneering a new segment - Urban Cross, combining the best of a hatchback and a cross over", President of Nissan India Operations, Guillaume Sicard said.
Seoul said it would order recalls of hundreds of Qashqai model SUVs after tests revealed an emission defeat system that made the vehicle appear to be less polluting than it really was.
A high-level delegation led by NITI Ayog vice chairman Arvind Panagariya will meet Japanese officials in Tokyo on May 16 to finalise key issues relating the Rs 98,000 crore Mumbai-Ahmedabad high-speed rail project.
Japanese internet conglomerate Softbank Corp is bullish on its Indian assets Oyo Rooms, Ola and Snapdeal. It said that Oyo rooms has turned profitable at an aggregate level.
Stephen Innes, a senior trader at OANDA Asia Pacific said, "while most of the focus will center on possible policy action from the BOJ, traders will be looking for forward guidance both from the Fed and RBNZ."
According to the agreements signed by the parties, a wholly-owned subsidiary of Sun Pharma will acquire the portfolio consisting of 14 established prescription brands from Novartis for a cash consideration of USD 293 million, Sun Pharma said in a statement.
The decision ahead of Japanese Prime Minister Shinzo Abe's visit beginning on Friday gives Tokyo an early lead over China, which is also bidding to construct high-speed train lines along large parts of India's largely British-era rail system.
VK Singh, Shreyas Shipping and Logistics, says the company expects the Japanese JV to help improve existing business in both shipping and logistics.
The Markit/Nikkei Japan Final Manufacturing Purchasing Managers Index (PMI) was a seasonally adjusted 52.6 in November, a touch below the flash reading of 52.8 but still higher than a final 52.4 in the previous month.