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INDIA
Nokia sued in India for unpaid taxes
NEW DELHI, INDIA: Struggling Finnish phone company Nokia said last week the Indian tax officials had demanded the company pay taxes worth US$363m, but a court order has prevent the payment. 2 Apr 2013 06:58
INDIA
Car sales slump in India
NEW DELHI, INDIA: Car sales in India's once-booming passenger market plunged nearly 26% last month on an annual basis, their worst performance in 12 years, industry figures showed on Monday (11 March). 12 Mar 2013 07:19
INDIA
Bigger is better says motor industry
Growing affluence in emerging markets is good news for manufacturers of gas-guzzling vehicles. 11 Mar 2013 07:32
INDIA
Nokia claims tax raid was excessive
MUMBAI, INDIA: Finnish phone giant Nokia said on Tuesday (12 February) it had protested to the Indian government over a tax raid at one of its factories in South India, slamming the action as "excessive and unacceptable". 13 Feb 2013 10:26
INDIA
Jaguar Land Rover raises US$500m
MUMBAI, INDIA: British luxury car company Jaguar Land Rover, owned by India's Tata Motors, said on Tuesday (29 January) it raised US$500m through a bond issue to fund operating costs and growth plans 31 Jan 2013 12:05
INDIA
Anti-retroviral contract boost Cipla Medpro
With the R1,4bn contract to supply the state with antiretroviral (ARV) drugs, Cipla Medpro SA has found a remedy for its struggling manufacturing division - at least for the next two years. 16 Dec 2012 11:20
INDIA
United Spirits shares up 27% after Diageo deal
MUMBAI, INDIA: Shares of India's United Spirits soared by nearly 30% on Monday (12 November) after British drinks giant Diageo announced a £1.3bn deal to buy a majority stake in the firm. 13 Nov 2012 06:41

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