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Companies

Tata Motors commercial vehicles Auto sales

February auto sales: Commercial vehicle makers report high growth

Ashok Leyland sales grew 25 percent, while Tata Motors and Volvo Eicher Motors reported 15 percent and 57 percent, respectively. Mar 2, 2016
Jabong India

Jabong recieves Rs 2 crore funding from GFG to remain 'afloat': Report

The funding from Global Fashion Group will help the loss-making company survive another year. Mar 2, 2016

DreamWorks interested in Viacom's Paramount Pictures: CEO

Viacom is considering selling a "significant" minority stake in Paramount Pictures, CEO Philippe Dauman said last week. Mar 2, 2016
Snow breweries

China Resources Beer says it would buy SABMiller's stake in Snow for $1.6 billion

The Snow deal would be settled in cash using a combination of funding options including debt and/or equity financing. Mar 2, 2016
Honeywell International

United Tech keeps to solo path as Honeywell drops bid

The move comes after United Tech rejected Honeywell's offer last week. Mar 2, 2016
Honda Cars factory in Alwar

February car sales: Honda reports 23% fall in domestic sales

The company sold 13,020 units in Feb.2016 as compared to 16,902 units in Feb.2015. Mar 1, 2016
Jet Airways

Jet Airways to shift domestic ops to Mumbai airport's T2 terminal

The move would integrate the airline's domestic and international operations and reduce time and cut costs. Mar 1, 2016
Renault India Duster Domestic car sales

February auto sales: Renault India car sales up 158%, driven by Kwid

The company sold 8,834 units in February 2016 in India as against 3419 units in February last year. Mar 1, 2016
Mahindra XUV500

Feb. passenger car sales: Mahindra sees 26% growth; Hyundai records 9% rise

The company said that the increase in infrastructure cess in the Budget would "increase the prices of automative products immediately." Mar 1, 2016
Walmart

Walmart, Tesco to benefit from 100% FDI in multi-brand processed food retailing

The companies will need to get clearance from the Foreign Investment Promotion Board to own 100 percent stake in a business. Mar 1, 2016
Yahoo to discontinue Games, Livetext

Yahoo says may write down goodwill value of Tumblr

Yahoo said earlier in the month it took a $230 million impairment charge related to Tumblr. Mar 1, 2016
Foxconn

Red faces, raised voices over late hitch in Foxconn's Sharp deal

Foxconn had asked Sharp to delay voting on a deal as it had just received "new information" from Sharp that it needed to clarify. Mar 1, 2016
Larsen & Toubro

L&T mulls selling 49% stake in insurance business to foreign firm: Report

A Business Standard report said that the deal is likely to be finalised in the next three to six months. Feb 29, 2016
Coca Cola

Coca-Cola looking to sell India bottling operations for $1 billion: Report

A report on The Economic Times said that the company's India unit is satisfied with the current framework for operations. Feb 29, 2016

EPA requests information from Mercedes-Benz over emission levels

Daimler said the EPA request for information comes in response to a class-action lawsuit filed by law firm Hagens Berman. Feb 29, 2016
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