Volkswagen plans to make India low-cost export hub

German auto major Volkswagen is planning to make India a low-cost manufacturing hub, catering to both the emerging as well as developed markets. Also, as part of Prime Minister Narendra Modi's 'Make in India' initiative, the company will be investing...

21.03 | 0 komentar | Read More

Yamaha launches 125cc motorcycle Saluto priced at Rs 52,000

The 125cc motorcycle, priced at Rs 52,000 (ex-showroom New Delhi) would compete with Shine from Honda Motorcycles and Scooters India, Bajaj Discover 125ST, Hero's Glamour 125cc. In a bid to increase its market share in the entry-level bike segment...

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Will launch 4 out of 10 new products in FY16: Anuh Pharma

Anuh Pharma is looking at a revenue growth of 25 percent in FY16. Current capacity utilization stands at 65 percent and the company aims to increase it to 80 percent his fiscal year. Anuh Pharma  is working on 10 new products, of which it plans...

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Rolta should allow independent agency to look into nos:IIAS

Rolta  has denied the report from Glaucus Research which indicated fabrication of the reported capital expenditures in order to mask their materially overstated EBITDA. But Amit Tandon, MD of Institutional Investor Advisory Services is not convinced...

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Airtel defends toll free platform; supports net neutrality

Due to the outrage over social media, e-commerce major Flipkart has withdrawn from Airtel Zero. Meanwhile, Cleartrip, NDTV and Times Group have logged out from internet.org platform of Facebook, where Reliance Communication is a partner. In the eye...

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40% revenue to come from delivery in 3-6 months: FoodPanda

Food ordering platform FoodPanda has forayed into food delivery segment in the country and expects about 40 percent of its revenues in 3-6 months to come from the new offering. The company has started the service in five cities and plans to expand it...

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Ola raises funds, aims to be in 200 cities by year end: CEO

The company will be launching newer categories and taking some of its existing categories into the 100 cities where it is currently present. India's largest cab aggregator Ola Cabs is speeding on the growth highway. After raising USD 210 million in...

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Cairn India vs Taxman case hearing begins

The Delhi High Court has begun hearing the Rs 20,000 crore tax battle between Cairn India and the tax department. The taxman is alleging that Cairn India did not pay capital gains tax when shares changed hands in the financial year 2007. The Delhi...

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MakeMyTrip initiates to encourage visitors to Kashmir

Online travel firm MakeMyTrip is wooing domestic tourists to Kashmir offering attractive packages as it supports the state government to bring back travellers to the valley hit hard by floods last year and recent unseasonal rains. "The valley is ready...

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Govt owes around Rs 600 cr to Air India for VVIP travel

Air India is surviving on a bailout package approved in 2012. Besides a debt of Rs 40,000 crore, the airline had reported losses to the tune of Rs 5,388 crore in FY-14 as against Rs 5,490 in the fiscal 2012-13. Government owes around Rs 600 crore...

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