Stable long-term policies, strong economic push needed to revive the industry
Carmakers are facing a range of challenges, from slowing demand in China to stricter rules on emissions.
A trade truce with China has done little to reduce the uncertainty that threatens the global economy
Tier II-III companies with a turnover of less than Rs 400 crore are bleeding the most.
Car sales have fallen in all key regions, especially in China, the world's biggest auto market. With concerns about the economy and stricter emissions rules looming, there is no end in sight for carmakers' troubles.
IL&FS had used first mover advantage to lap up big projects. In the process, debt became its cornerstone.
In a case of negligence and oversight, at least 166 passengers aboard a Jet Airways flight suffered nose bleed and headaches as the cabin crew had forgotten to select the switch that maintains cabin pressure during take-off.
India Business News: Airlines in India face a particularly hostile environment due to excessively high taxes on aviation turbine fuel (ATF). In fact, ATF prices for domest
Continuing its anti-corruption campaign, party cites inflated bills from power firms importing coal
Russia says that the U.S. Dollar won't be the international reserve currency much longer