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Tata Motors Jumps 6% as Jaguar Land Rover Sales Surge in US

Tata Motors shares surged more than 6 per cent at its intraday high of Rs 322 after its luxury car division Jaguar Land Rover (JLR) reported a 61 per cent surge in US sales last month.JLR sold 6,850 units in the US market in September. Sales of the L

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RBI actions to bring FPI funds of Rs 48,000 crore per year in government bonds

A 50 basis points repo rate cut and slew of policy measures announced by the Reserve Bank in the recent monetary policy review could attract an average annual flow of Rs 48,000 crore in government bonds from overseas investors for the next few years,

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BMW, Ford defend German car industry, reject manipulation

Top officials from BMW and Ford defended the German motor industry's reputation on Thursday, saying their companies had systems to prevent the kind of manipulation that has plunged rival Volkswagen into crisis.BMW development chief Klaus Froehlich de

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HDFC to Raise Over Rs. 10,000 Crore Through Issuance of Securities

New Delhi: Mortgage lender HDFC will raise more than Rs. 10,000 crore through issuance of warrants and non-convertible debentures to qualified institutional investors.Housing Development Finance Corporation (HDFC) would mop up Rs. 5,000 crore through

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Redington India to sell iPhone 6s, 6s Plus from Oct. 16

Apple’s iPhone 6s and iPhone 6s Plus will be available in India from October 16, at Redington India, one of the main distributors of iPhones.The iPhones would be available for purchase across India at its 3,000 retail outlets, Chennai-based Redingt

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Naina Lal Kidwai to step down as Chairperson of HSBC India

HSBC India Chairperson Naina Lal Kidwai will retire in December after a 13-year stint with the bank, HSBC said on Wednesday.She will also step down from her position of executive Director on the Board of HSBC Asia-Pacific, HSBC said in a statement. "

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Nippon Life to hike stake in Reliance Life Insurance, MF to 49%: Anil Ambani

Bullish on growth prospects of his group's financial services businesses, industrialist Anil Ambani today said Japanese major Nippon Life is in an advanced stage of talks to hike stake in Reliance Life Insurance and Reliance Mutual Fund units within

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Rajan Wadhera appointed as ARAI President

Automotive Research Association of India (ARAI) has appointed Rajan Wadhera and Vikram Kirloskar as its new President and Vice President respectively.Wadhera is President and Chief Executive--Truck and Powertrain-- at Mahindra & Mahindra while Ki

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