As it is looking at rapidly expanding into the Indian market, smartphone manufacturer OnePlus has partnered with contract manufacturer Foxconn to build its devices locally. The Chinese company is experimenting with its...
U.S. roofing maker GAF to acquire Denmark’s Icopal
GAF, the largest roofing manufacturer in North America, has agreed to acquire Danish peer Icopal A/S for about 1 billion euros ($1.08 billion), in a deal that will dramatically expand the privately held company’s...
Godrej & Boyce acquires 51% stake in home and accessories brand India Circus
Godrej & Boyce has acquired a 51 per cent stake in home and accessories brand India Circus, as part of its strategy to expand its lifestyle products business. Under Godrej, the brand created by designer Krsnaa...
Eicher Polaris JV launches nano UV at Rs 2.32 lakh
The joint venture company of Eicher Polaris today launched a compact utility vehicle Multix priced at Rs 232,850 (ex-showroom, Jaipur), which makes the five-seater compete directly against the Tata Nano. Powered by a...
Top trading ideas from Anand Rathi; Buy Tata Motors, NTPC, Sun Pharma
NTPC: BUY STOP LOSS: Rs 138 TARGET: Rs 149 The stock has made a classical head & shoulder pattern on weekly chart and crossed its neckline hurdle of Rs 140 zones. It has been moving upwards from last four weeks...
Budget carrier Indigo joins 100-plane fleet club
NEW DELHI: Budget carrier IndiGo today said it has raised its fleet size to 100 with the induction of a new Airbus A320, making it the third domestic airline to have as many planes. Till now, only state-run Air India...
Mahindra & Mahindra unveils micro SUV KUV100; to take on Grand i10 & Maruti Swift
NEW DELHI: Betting big on the hatchback crossover (or micro SUV) space, Mahindra & Mahindra on Friday unveiled the official rendering of the KUV100. Bookings for KUV100 or the S101 (as it is codenamed) will open at...
GM might sell Halol unit to China’s SAIC
After US car major General Motors’ Indian subsidiary decided to shut down its Halol manufacturing site in Gujarat by 2016, it had indicated that the company might look for buyers for its manufacturing site...
Mahindra to buy Italian car designer Pininfarina
Mahindra & Mahindra and Tech Mahindra agreed to buy Italian car designer Pininfarina SpA in a deal worth about euro 168 million ($185 million), underscoring the Indian vehicle maker’s international ambitions...
Anand Mahindra joins Formula E sustainability committee
NEW DELHI: Mahindra Group Chairman Anand Mahindra has joined the sustainability committee of the world’s first fully-electric car racing series Formula E. Mahindra, whose group also fields as team — Mahindra...
Motorola Agrees to Buy U.K.’s Airwave for $1.2 Billion
Motorola Solutions Inc. agreed to buy Airwave Solutions Ltd., a U.K. communication services provider, for about $1.2 billion to help build out its software and services business. Motorola expects to make a net cash...
AVA Group acquires Melam brand for undisclosed sum
CHENNAI: Manufacturers of ‘Medimix’ brand of soaps and personal care products, AVA Group, today announced its foray into the food business with acquisition of Melam Brand of masalas for an undisclosed sum...
