NEW DELHI, INDIA: India's struggling Tata Nano, billed as the world's cheapest car, could still have a strong future with a more upmarket image, claims Tata group tycoon Ratan Tata, as the company looks to give the hatchback a new start.
2 Dec 2013 08:20
NEW DELHI, INDIA: India's car sales fell nearly five percent year-on-year in the first half of the financial year due to the weak economy. This is the steepest drop in a decade, according to data released on Tuesday (8 October).
9 Oct 2013 07:38
Tax problems lead to Nokia criticism of India as its "least favourable market"in which to operate.
26 Aug 2013 05:42
YAOUNDE, CAMEROON: From Cameroon to Ivory Coast, Kenya to the Democratic Republic of Congo (DRC), traders in counterfeit drugs do a thriving business with the utmost cynicism and sometimes at the cost of human lives.
24 Aug 2013 09:25
MUMBAI, INDIA: India's top vehicle manufacturer Tata Motors says it plans to reposition the Nano as a "smart city car" after its marketing pitch as the world's cheapest vehicle resulted in disappointing sales.
22 Aug 2013 12:42
NEW DELHI INDIA: India's car sales slid by over seven percent in July, marking a ninth month of decline, industry data showed on Monday (12 August), as an economic slump and high borrowing costs discouraged buyers.
13 Aug 2013 11:35
NEW DELHI, INDIA: General Motors said on Saturday (27 July) it has fired "several employees" after violations of company policy led to the recall of 114,000 of its Chevrolet Tavera sport-utility vehicles in India.
29 Jul 2013 07:28
NEW DELHI, INDIA: Japanese car company Nissan resurrected its iconic Datsun marque on Monday (15 July) as it launched its new generation of vehicles for economy-minded buyers in emerging markets.
16 Jul 2013 08:48
NEW DELHI, INDIA: Car sales in India slid by over 12% in May, data showed Tuesday (11 June), marking an unprecedented seventh month of decline as an industry body warned that layoffs now loomed in the once-booming sector.
12 Jun 2013 08:49
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
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
Growing affluence in emerging markets is good news for manufacturers of gas-guzzling vehicles.
11 Mar 2013 07:32
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
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
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
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
NEW DELHI, INDIA: Indian manufacturer Bajaj Auto unveiled an ultra-low-cost car on Tuesday 3 January, its first foray into the four-wheel market, pitching the vehicle as a solution to urban pollution and congestion.
6 Jan 2012 08:41
NEW YORK, US: Consumer confidence fell in 25 out of 52 countries in Q4 2010 as hope for a global economic recovery evaporated at the end of last year, according to the latest edition of the Nielsen Global Consumer Confidence Index, which tracks consumer confidence, major concerns and spending intentions among online consumers.
27 Jan 2011 11:00
Unilever has announced plans to halve the environmental footprint of its products by 2020, to help 1 billion people improve their health and well-being and to source all of its agricultural raw materials sustainably.
16 Nov 2010 13:17
NEW YORK, US: After an upbeat start to the year with two consecutive quarters of increases in optimism, global consumer confidence fell three points in September to an Index of 90 as consumers' hopes for a full economic recovery this year fades in most parts of the world, according to the latest edition of the Nielsen Global Consumer Confidence Index.
27 Oct 2010 06:22
LONDON, UK: The latest Global Business Outlook Survey from KPMG International suggests that businesses are ready to begin investing again as the healthy optimism recorded earlier in the year holds firm. Overall, business optimism remains static but strong, with India and China leading the way; while UK and Spain are still less confident.
3 Aug 2010 12:20
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