Cyrus Mistry comes out with guns blazing in letter to Tata Sons’ Board

Cyrus Mistry who was ousted from his position as Chairman of Tata Sons finally came out with his guns blazing in a hard hitting letter to the Directors of Tata Sons and to the Trustees of the Tata Trusts. He said in...

Mahindra acquires controlling stake in Classic Legends

Mahindra & Mahindra is on an acquisition spree in both its four-wheeler as well as two-wheeler businesses. After buying controlling stakes in companies like car maker Ssangyong of South Korea and Italian vehicle des...

Ratan Tata is Interim Chairman, Tata Sons; Mistry replaced

Ratan Tata is back as the interim Chairman of Tata Sons. The Tata Sons Board took a decision to replace Cyrus P. Mistry as Chairman. This sudden decision which was taken at a Board meeting held in Mumbai on October ...

Nissan completes 34pc acquisition of Mitsubishi Motors for US $ 2.28 billion

Mitsubishi Motors Corporation (MMC) has announced that Nissan Motor Co., Ltd. has become its largest shareholder after completing the purchase of 34% of MMC-issued stock for 237 billion JPY (approx US $ 2.28 billion...

India Kawasaki Motor plays good sport with 13 customers

Thirteen is believed to be an unlucky number. Now this could be a myth. But there were definitely 13 disgruntled customers who had almost given up hope on the Kawaski motorcycles they had booked at a dealership in N...

Audi India secures 4th rank in Technology category at Audi Twin Cup 2016

At the International final of the Audi Twin Cup 2016, two participating teams from Audi India performed exceptionally well, with the team comprising of members from Audi Gurgaon, Audi Ludhiana and Audi Mumbai South ...

Joerg Mommertz is new Chairman & MD, MAN Trucks India

Joerg Mommertz has joined MAN Trucks India as Chairman & Managing Director with effect from October 1, 2016. He has around 36 years of diversified management experience.

Ssangyong Motor Signs LOI for JV with Shaanxi Automobile Group of China

SsangYong Motor Company, part of the Mahindra Group, has announced that as part of its effort to grow in China, the company signed a letter of intent (LOI) with the Shaanxi Automobile Group for a joint venture that ...

Harshad Naik appointed MD, Huntsman India Subcontinent

Huntsman Corporation has named Harshad Naik as Managing Director, India Subcontinent, effective September 2016. Huntsman manufactures products for a variety of global industries, including automotive.

Apollo Tyres appoints Daniele Lorenzetti as Chief Technology Officer

Apollo Tyres has appointed Daniele Lorenzetti as the company’s Chief Technology Officer (CTO). Daniele will spearhead Apollo Tyres’ global initiatives towards research and development, for both passenger vehicle and...