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cyrus mistry ratan tata group companies tata steel ihcl quits resigns removal tata sons tcs

Tata Sons now plans to expel Cyrus Mistry from its board

Tata Sons served a notice to Mistry on Tuesday informing him about the company's intention. Jan 4, 2017
Hyundai Sonata

US may ask Hyundai to recall Sonata cars with faulty seat belts

If the preliminary US investigation suggests any concern, Hyundai could be asked to recall about 313,000 Sonata midsize sedans. Jan 4, 2017
hudco, ipo, hudco ipo, home loans, real estate, home loan interest rates, india

Hudco seeks Sebi approval for IPO

The government, which currently holds 100 per cent stake in Hudco, will sell 10 per cent during the IPO. Jan 4, 2017
Ford logo

Make in USA or pay more: Donald Trump's ultimatum forces Ford to scrap Mexico plant; GM faces heat

The announcement came following United States President-elect Donald Trump's criticism of GM over its car production facility in Mexico. Jan 4, 2017
dangal, pvr, multiplexes, indian economy, demonetisation, indian films, dangal box office collection

Dangal drives PVR Q3 earnings; SRK's Raees, Hrithik's Kaabil to boost Q4 revenues

People thronged PVR to watch Aamir Khan's Dangal despite demonetisation; SRK's Raees and Hrithik's Kaabil expected to drive growth in January. Jan 4, 2017
Navi Mumbai airport

3 companies opt out of Navi Mumbai airport project

The firms have cited many unresolved issues for withdrawing from the project. Jan 4, 2017
India housing finance, HDFC, LIC Housing

India property market: Cloud of uncertainty grips housing lenders as mortgage rates head south

Morgan Stanley believes that banks will aggressively pursue loan takeovers and in that case, housing finance firms will have no place to hide. Jan 4, 2017
Paytm, digital wallet, payments bank, online payments, digital payments, wallet service

5 things to know about Paytm's payments bank

The RBI on Tuesday gave approval to Paytm to launch its payments bank. Jan 4, 2017
Indian IT Q4 forecast

IT Outlook 2017: Amid global headwinds, the new year may bring new lows for IT biggies

As projects get delayed, profit margins shrink and hiring hits a low, analysts expect IT growth to contract by almost 3 percent in 2017. Jan 4, 2017
India auto

Sandhar Technologies ties up with Malaysia's MCE Holdings to sell auto ancillary products

MCE Holdings, in partnership with Gurugram-based Sandhar Technologies, will supply its existing range of products for automobile manufacturers in India. Jan 3, 2017
Twitter job cuts in Bengaluru

Twitter Greater China head Kathy Chen steps down

Chen's resignation follows a series of exits ever since the social media company announced layoffs in October. Jan 3, 2017
royal enfield sales in december, domestic car sales in december, bajaj auto, tvs motor, hero motocorp

Royal Enfield two-wheeler sales rise in December; Bajaj Auto posts fall

Eicher Motors, which makes Royal Enfield motorcycles, and Bajaj Auto announced December two-wheeler sales on Monday. Jan 2, 2017
Apple

Foxconn to set up Apple products manufacturing unit in Gujarat

The announcement is likely to be made during Vibrant Gujarat Global Summit 2017 in January. Jan 2, 2017
ban on currency rs 500 1,000 1000 note modi rbi demonetization black money scrapped new notes 2000 new 500 coins legal tender rbi sit narendra sbi state bank of indi atm

State Bank of India cuts interest rates on home loans to 6-year low

Earlier, India's largest lender SBI had cut interest rates by up to 90 basis points in MCLR effective from January 1, 2017. Jan 2, 2017
domestic car sales in december, tkm car sales, maruti suzuki car sales, hyundai car sales, demonetisation

Domestic car sales in December: How Maruti Suzuki, Hyundai, Mahindra, Renault, Toyota Kirloskar Motor (TKM) fared

Maruti Suzuki, Hyundai, TKM, Mahindra, Renault declare car sales data for December 2016; Vitara Brezza limits damage for MSIL. Jan 2, 2017
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