News Archive

Appointments in Railway Minister Kharge’s priority list

Posted on June 19, 2013 | No Comments
Although he did not assume office on Tuesday, new Railways Minister Mallikarjun Kharge got into action in his new job by meeting senior officials and getting briefed on the urgent...
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Neeraj Kanwar helped world’s 7th largest tyre maker Apollo’s journey from nowhere to global play

Posted on June 19, 2013 | No Comments
Apollo Tyres has much in common with Apollo 13, a Hollywood blockbuster of the nineties narrating the struggle of three astronauts, trying to get back home safely after aborting a...
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Act against contractor: Gorhe to NHAI

Posted on June 19, 2013 | No Comments
Reconsider contract for six-laning of stretch at Katraj tunnel, demands Shiv SenaShiv Sena on Tuesday demanded the National Highway Authority of India NHAI to initiate action against Reliance Infrastructure company...
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AMW ties up with SBI for vehicle finance

Posted on June 18, 2013 | No Comments
NEW DELHI: Commercial vehicle maker AMW Motors Ltd on Monday said it has tied up with State Bank of IndiaBSE 0.23 % for financing sales of its entire range of...
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India could become SUV hub for world: Alan Mulally, CEO, Ford Motor

Posted on June 18, 2013 | No Comments
CHENNAI: Alan Mulally, President and CEO of the Ford Motor Co, sees India becoming a compact SUV hub, in an indication that India's continuing economic tepidity hasn't changed the company's...
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What it’s taking to get new roads built in India

Posted on June 18, 2013 | No Comments
New Delhi/Mumbai: K Ramchand, managing director at one of India's biggest road builders, is doing something unusual to help dispel the gloom pervading much of the country's infrastructure sector today:...
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Petrol price hiked by Rs 2 per litre

Posted on June 17, 2013 | No Comments
NEW DELHI: Petrol price was on Saturday hiked by a steep Rs 2 a litre, the second increase in rates this month, as devaluation of rupee against US dollar made...
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Onkar Kanwar: The Tyre Sardar

Posted on June 17, 2013 | No Comments
It was in the 1980s that Onkar Kanwar got a chance to study Cooper Tire & Rubber Co, an American tyre major. Kanwar’s Apollo Tyres had a technical collaboration with...
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GM India sees North East next growth mkt, aims 8% jump in 2013

Posted on June 17, 2013 | No Comments
GUWAHATI: General Motors India is expecting a growth of around eight per cent in its sales in North East market this year even as the overall car segment is witnessing...
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To have a portfolio of 7-8 cars in India with an entry level car at the heart of it: Carlos Tavares, COO, Renault

Posted on June 17, 2013 | No Comments
MUMBAI: French Car maker, Renault India which had a chequered start in India has made a strong comeback in 2012 driven by the success of its compact SUV Duster and...
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Road developers seek truce with NHAI

Posted on June 17, 2013 | No Comments
NEW DELHI: Highway developers seem to be favouring an "amicable solution" to financial disputes with the National Highways Authority of India (NHAI) rather than taking legal recourse. They are even...
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PCMC’s flyover work leaves bad roads in residential area

Posted on June 17, 2013 | No Comments
PUNE: The construction of a flyover by the PimpriChinchwad Municipal Corporation PCMC to connect Kalewadi and ChinchwadMIDC areas is a problem for residents of the Empire Estate housing colony in...
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India’s Apollo in $2.5bn deal for Cooper Tire

Posted on June 14, 2013 | No Comments
Apollo Tyres is to pay $2.5bn for one of the largest US tyre makers, in the biggest Indian acquisition of a US company to date. via India’s Apollo in $2.5bn...
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New models’ sales set dull motown ablaze

Posted on June 14, 2013 | No Comments
CHENNAI: The car market may be stuck in first gear but the success of some of the new launches of 2013 is helping revive sentiment in the industry. After the...
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Mercedes India Ex-Sales Director on the Luxury Car Market

Posted on June 14, 2013 | No Comments
Debashis Mitra, former sales and marketing head of Mercedes India, tells Forbes India that luxury has multiple connotations in the market via Forbes India Magazine – Mercedes India Ex-Sales Director...
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Road award targets slow down order flows

Posted on June 14, 2013 | No Comments
If construction companies were pinning their hopes on a steady flow of highway projects in the current financial year, they might have to wait longer. A report by CARE Research...
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Maruti offers month-long car exchange programme to drive sales

Posted on June 13, 2013 | No Comments
NEW DELHI: With the car market continuing on a downhill drive, the country's largest carmaker Maruti Suzuki IndiaBSE -1.60 % (MSI) on Wednesday said it has launched an exchange programme...
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Supreme Court stays HC order asking NHAI to take over highway project

Posted on June 13, 2013 | No Comments
NEW DELHI: The Supreme Court today stayed a Punjab and Haryana High Court order that had asked the NHAI to take over the 291 Km Panipat-Jalandhar highway project from the...
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India’s May natural rubber imports drop 17 pct y/y

Posted on June 12, 2013 | No Comments
(Reuters) – India's natural rubber imports in May fell 17 percent from a year ago to 17,334 tonnes due to lower demand from tyre makers, while production rose 1.7 percent...
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Diesel demand robust despite price rise

Posted on June 12, 2013 | No Comments
COIMBATORE: Despite the regular hike in diesel prices, the consumption of the fuel continues to grow at a faster pace than other petroleum products. Diesel consumption grew by 4.2% year-on-year...
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