Archive for August 17th, 2008

Tata factory adds to economic prosperity of Singur

Sunday, August 17th, 2008

Residents in Singur in West Bengal, who were once unhappy with setting up of the Tata factory in their area, are today thanking the authorities for having opened up new earning avenues for them.
They working as daily labourers around the factory are happy to earn a respectable livelihood through various employment avenues generated by the […]

Minda eyes Italy’s Vimercati

Sunday, August 17th, 2008

Auto component maker Minda Industries (MIL) is bidding for Vimercati, an Italian full-service switch products supplier, which supplies automotive switches to car majors like BMW, General Motors and Fiat in the European market. The transaction is being valued at around $50-55 million, sources said.
When contacted, MIL chief financial officer Sudhir Jain said: “We have identified […]

Mistrust rides with Honda

Sunday, August 17th, 2008

A faulty air-conditioner compressor of a CR-V has landed Japanese carmaker Honda Siel Cars India (HSCI) into trouble. The Karnataka state consumer commission has asked the vehicle manufacturer to pay a compensation of Rs 1,00,000 to a complainant in Bangalore.
With this order, HSCI’s reputation as a reliable carmaker takes a serious hit since this is […]

Maruti to open 110 new driving schools; 10 research institutes

Sunday, August 17th, 2008

Country’s largest carmaker Maruti Suzuki plans to set up 8-10 new Institutes of Driving Training and Research (IDTR) and 110 Maruti Driving Schools (MDS) across India by 2010, with an aim to train five lakh people within the next three years.
“There is an urgent need for creating awareness about road safety. As part of our […]