Honda Motor Co's operating profit rose less than expected in the April-June period to 176 billion yen, as a strong yen eroded some of the gains from its sales recovery in North America, its biggest and most profitable market.
Founder and Director of Give India, Venkat Krishnan spoke to CEO of Rare Enterprises, Rakesh Jhunjhunwala; Editor of Forbes India, Indrajit Gupta; Activist and Founder of Ashwini, Accord, Just Change, Stan Thekaekara and Dr Abhijit Banerjee, Co-Founder and Director, MIT-JPAL, to discuss the potential for philanthropy in India.
Honda Motor today said it will recall more than two million vehicles in the United States and China to update the software that controls their automatic transmission.
Honda adds 833,000 vehicles to airbag recall. The company is looking at approximately 2,430 replacement airbags that could contain the defect.
Leading car-makers, worried by rising input costs are expected to take a call on whether to hike their product prices by end-this month, even as Honda Siel Cars India today said that it would up its prices by 2-3% from April 1.