Weekly news

GM India's Halol unit resumes production as workers end strike

General Motors India on Tuesday said production resumed at its Halol plant this morning after a four-day-long strike by workers demanding higher wages ended

Ford India plans to export Figo to newer markets 

Car maker Ford India, the 100 per cent subsidiary of Ford Motor Corporation, USA plans to export its hatchback Figo to newer markets

Nippon to set up steel tube components project in Rajasthan

Nippon Pipe India Private Limited, part the Japan-based Nippon group, will set up a Rs.190 crore steel tube components project for the automobile industry in the Japanese zone at Majrakath, Neemrana, in Alwar district of Rajasthan

RBI rate hike may impact economic growth: India Inc

India Inc expressed apprehensions that RBI's decision to hike short-term lending and borrowing rates could lead to higher interest rates

General Motors to launch six new models over next two years

GM would be making these utility cars, which can be compared with Maruti's Elco or Tata's winger, in a joint venture with top Chinese auto firm

Bharti-Del Monte JV invests Rs 115 cr in R&D, manufacturing facility

FieldFresh Foods on Tuesday inaugurated their Research & Development and manufacturing facility here at an investment of Rs 115 crore.

Narayana Murthy, Amjad Ali Khan conferred honorary doctorate 

Sarod maestro Amjad Ali Khan and Infosys mentor N R Narayana Murthy were on Tuesday conferred honorary doctorate by Mangalayatan University

RBI rules out imminent steps to curb forex inflows

The Reserve Bank on Tuesday ruled out any imminent intervention in the foreign exchange market, saying capital inflows are still not lumpy and volatile.

Bankers do not see immediate hike in interest rates 

RBI rates hike is not likely to make home, car and other loans more costly immediately, but pressure on interest rates is likely to build up in coming months, according to top bankers