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The new premium business would be upwards of 45 per cent, she said
The telecom services provider Jio, part of the Reliance Industries group, is aiming to improve its financial performance
The Warranty Group (TWG), a warranty solutions and after-sales services, will be acquiring a majority stake in its joint venture company TVS TWG Warranty Solutions Limited with TVS Automobile Solutions Private Limited (TVS ASPL), a TVS Group and a leading automobile service provider. In line with TWG's strategy to expand its footprint in the auto and non-auto segments in India, the company will become a 90 per cent shareholder in the joint venture (JV). TVS ASL will retain a 10 per cent shareholding said the company while declining to share any financial detials.The JV offers extended warranties and related services and solutions in the auto sector throughout India. Inked in 2014, the JV currently works with some of the top global and local automotive brands in the region. "Acquiring a majority stake in the JV is a major milestone in The Warranty Group's corporate journey in India," said Manfred Schmoelz, Executive Vice President for The Warranty Group in APAC. "This expands our ...
Leading commercial vehicles maker and Hinduja Group flagship Ashok Leyland said it would invest Rs 400 crore over the next two years on developing new products, including left driven trucks."We are coming up with a new product every six months, so the next product would be launched in April or May next year. Ashok Leyland would invest Rs 400 crore on new models in the next two years. The new products are also targeted for export markets", Nitin Seth, president (light commercial vehicles), Ashok Leyland Ltd.Presently, Ashok Leyland exports five per cent of its total volumes. The vehicles are primarily exported to Russia and Ukraine.The company is working on left driven commercial vehicles to tap the potential export markets in Gulf countries and Africa."Globally, 80 per cent of the market for commercial vehicles is left driven. We are eyeing the Gulf Cooperation countries like Saudi Arabia and Qatar as well as Africa for exports of light commercial vehicles (LCVs). The market size for .
NAIF funds would have come from federal govt, but Palaszczuk as premier retains power of veto over applications made inside state
Uber claimed that its customers took as many as 1,969 trips in the national capital in 2017
With year-over-year growth rate of 21.4 per cent, Google's ad growth was the fastest in at least six quarters
Customers will be offered a variety of deals and cashback of up to 50 per cent on payments made through Paytm, it added
HPCL already has a data room and will give access to the same to ONGC if the seller (government) so desires
'Storyboard' app takes video clips and automatically pulls out six frames that it lays out in a comic book-style template
Over the past six months, Microsoft has awarded over 35 grants in more than 10 countries for access to Microsoft Azure and AI technology
The approved product is equivalent to Enablex of Allergan Pharmaceuticals
The Supreme Court has expressed its unhappiness over the National Company law Tribunal passing an order against realty major Unitech, even as it was hearing matters relating to the company."It is disturbing," chief justice Dipak Misra observed while hearing a special leave petition moved by Unitech. "We are hearing the matter. NCLT is passing the order. Whether leave should be taken or not?" Misra asked.The government lawyers pointed out that the NCLT said that its orders were subject to the Supreme Court's orders and sought a day's time to take instructions. The bench of Misra, AM Khanwilkar and DY Chandrachud posted the matter for hearing on Wednesday. Earlier, moving the petition Mukul Rohatgi said the government petition and the NCLT order were in breach of earlier Supreme Court orders. He also argued that the move fell short of principles of natural justice as no hearing was given. Referring to the group promoter Sanjay Chandra, who is in jail, Rohatgi, "I am in jail and have ...
Last week it was reported that Apple struck a deal with Shazam for a likely sum of nearly $400 million
Part of Airtel's nationwide network transformation initiative, the 4G services are now live in 130 towns and villages including Kargil, Dras and Leh of Ladakh region
According to a source and the deal term sheet, Punjab National Bank is looking to sell the shares at an indicative price of 168 rupees each
British Airlines, along with a number of other airlines, had issued an alert earlier on Monday that many of its flights will be disrupted due to heavy snowfall in the UK
With improved performance, optimised innards and dual-selfie-camera set-up, the Canvas Infinity Pro is a worthy upgrade over predecessor
The two companies have not disclosed the financial terms of the deal
The smartphone, the first premium offering by Infinix, promises to offer value for money in terms of specifications and features