Sundram Fasteners Ltd recorded total sales and other income of Rs 597.09 crore for the half year ended September 30, 2007 as against Rs 605.02 crore achieved during the same period in the previous year.
Export sales for the period were Rs 167.07 crore as against Rs 186.34 crore during the same period in the previous […]
Exuding confidence on the success of ‘low-cost car’ project with Bajaj, Renault president and chief executive officer Carlos Ghosn on Monday said the project would continue to advance in a favourable direction for both entities.
“I am confident that this project will continue to advance in a favourable direction for both Bajaj and Renault Nissan Alliance,” […]
Renault SA and Nissan Motor Co are confident a proposed alliance with India’s Bajaj Auto Ltd for an ultra low-cost car will continue to advance in a favourable manner, the companies said on Monday.
A team from Renault-Nissan visited a Bajaj plant in Chakan near Pune on Monday, and met with Bajaj engineers. “After our discussions […]
The Tatas are understood to have put in their bid in the second round of bidding for Ford’s marquee brands Land Rover and Jaguar. The Tatas are also looking at retaining the existing management of both companies in case the bids go through, sources added. Although the due diligence has been completed, ET was unable […]
By sewing up a binding master co-operation agreement with Nissan Motor, Hinduja Group flagship Ashok Leyland has formalised its entry into the light commercial vehicle (LCV) segment. The partnership will entail an investment of $500 million, for the formation of three joint venture companies.
The alliance will lead to the birth of three companies. A vehicle […]
Backed by higher realisation from new premium models — SX4 and Swift — and a stronger sales performance, Maruti Suzuki India (MSIL) drove up with a 27% increase in its net profit at Rs 466.5 crore for the second quarter ended September 30, against Rs 367.4 crore in the corresponding period last year. […]
Carlos Ghosn’s multi-partner strategy will not rob first joint venture Mahindra Renault of products beyond the Logan family. According to Mr Ghosn, Renault will stick to its agreement with M&M and market all its passenger cars except the ultra low-cost car through Mahindra Renault in India.
?That is the agreement,? Mr Ghosn said. ?Mahindra Renault will […]
Three partnerships down the road, Nissan Renault big kahuna Carlos Ghosn is looking for at least two more to complete his India strategy. On an action-packed trip to check out Bajaj Auto’s Chakan plant after signing a light commercial vehicle (LCV) deal with Ashok Leyland for Nissan, he said a car alliance for Nissan and […]
Stable raw material prices have helped Apollo Tyres Ltd register a 164 per cent jump in net profit on a standalone basis (Indian operations only) for the second quarter ended September 30, 2007.
The net profit for the second quarter was at Rs 51.1 crore against Rs 19.3 crore registered in the corresponding previous quarter.
The net […]
Bajaj Auto Ltd, India’s No. 2 motorbike maker, said it is raising production of its new 125 cc motorbike to 75,000 units a month from November. More
Courtesy:economictimes.indiatimes.com