Business news

GM India Recalls 1.14 Lakh Units of Chevrolet Tavera over Emission Issues

General Motors India (GMI) on Wednesday issued a voluntary recall for 1.14 lakh units of the Chevrolet Tavera which are manufactured between 2005 and 2013 to fix the issue related to emissions and specification.

Jul 25, 2013

Honda Posts 45% Growth Driven by Diesel Amaze Sales

Honda Cars India Ltd (HCIL) registered a 45 percent growth in the April-June quarter of the financial year 2013-14, driven by the sales of its newly launched Amaze diesel vehicle.

Jul 24, 2013

Indian Stocks Plunge On RBI Measures; Banking Sector Shares Tumble

Indian stock markets ended lower Wednesday, snapping BSE Sensex's five day winning streak after the Reserve Bank of India's (RBI) fresh tightening measures in the banking system to arrest rupee fall weighed on financial sector shares.

Jul 24, 2013

Apple iPhone Sales up 400% in India: CEO Tim Cook

Apple CEO Tim Cook on Wednesday announced a growth of over 400 percent of iPhone sales in India in the June quarter.

Jul 24, 2013

After CCO's Exit, SpiceJet CEO Neil Mills Resigns

A couple of months after the exit of SpiceJet chief commercial officer CCO Harish Moideen Kutty, the airline's chief executive officer Niel Mills has resigned, according to reports.

Jul 24, 2013

ONGC To Adopt Taj Mahal and 5 Other Monuments Under Clean India Campaign

The Taj Mahal, a world heritage site and one of the finest examples of Mughal architecture, will come under the Clean India Campaign - a government programme aimed at improving hygiene and cleanliness in travel destinations.

Jul 24, 2013

Indian stock brokers watch the key Sensex share index graph in a brokerage firm in Mumbai May 13, 2004.

Sensex Expected to Decline Wednesday after RBI Tightens Fund Flow

India's Sensex is expected to decline on Wednesday after touching the highest level in more than two years in the previous session.

Jul 24, 2013

Indian Stocks End Higher; Consumer Durables, Banking Shares Surge

Indian stock markets ended higher for the fourth straight session on Tuesday, led by gains from consumer durables, realty and banking sector shares.

Jul 23, 2013

LG Releases G2 Teasor Video Ahead of 7 August launch

South Korean electronics company has released along with the press invites a stop-motion teaser video of its flagship G2 ahead of the 7 August launch event in New York.

Jul 23, 2013

Apple Confirms Cyber Attack on Developer Website

Apple Inc confirmed that its website for software developers has been hacked and some information about users might have been compromised.

Jul 22, 2013

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India's Hindustan Ambassador Hailed as World's Best Taxi

India's Hindustan Ambassador car, which was once considered a status symbol in the sub-continent, is crowned the world's best taxi at global automotive programme Top Gear.

Jul 21, 2013

Yamaha Recalls 56,000 Units Of 'Ray' Scooter In India

India Yamaha Motor will recall 56,082 units of its Ray scooters in the country to fix a glitch in the handlebar.

Jul 21, 2013

Micromax Canvas A240 Rumours: Will it Feature Octa-Core Processor?

India's fast-emerging technology firm Micromax, which is still reeling in success following the launch of its new generation Canvas 4, has kicked up a whirlwind of rumours about another high-end smartphone in the offing.

Jul 21, 2013

Honda Releases Brio-Based MPV in Official Sketches; May Debut in India in 2014

Honda Motors revealed the sketches of its new Honda Brio MPV Known as a 'low' MPV or LMPV in Indonesia on Friday.

Jul 20, 2013

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ZTE To Launch Grand S Smartphone in India Soon: Report

Chinese mobile phone maker ZTE seems to be planning to strengthen its market in India at all front. The company which launched six new smartphones in the country on Friday will introduce its new HD smartphone Grand S in the coming weeks, according to a latest report.

Jul 20, 2013