Mazda Motor Corp. on Tuesday launched the Biante minivan targeting families with young children. The tall-roof minivan, which has a 2,000- or 2,300-c.c. engine, is priced at between 2,199,000 yen and 2,689,000 yen and offers spacious interior. Mazda President Hisakazu
Japan's Fair Trade Commission issued warnings Tuesday to Toda Corp. and two other construction firms over suspected dumping of prices of contracts with the public sector. The FTC said Toda, Okumura Corp. and Oriental Shiraishi Corp. may have violated the
Major wig maker Aderans Holdings Co. said Tuesday that it incurred a group net loss of 157 million yen in March-May, against the year-before net profit of 254 million yen. The red ink came as a group company paid 302
Tokyo District Court on Tuesday ordered Oji Paper Co. to pay damages worth 590 million yen to Seiko Epson Corp. over its sale of a polluted land plot. Seiko Epson bought 30,000 square meters of land in Shiojiri in the
Retail giant Aeon Co. plans to close some 40 supermarkets by the end of its next business year, company officials said Tuesday. The move is part of Aeon's plans to revamp its operations and review its store management policy, the
Goenka, the whole-time director and network operating officer of the company, would replace Pradeep Guha as the CEO of the company, it said in filing to the Bombay Stock Exchange. Pradeep Guha has decided to move out of the organisation,
The rating 'LAAA' shows lowest credit risk for the long-term debentures of the Tata Sons, rating agency said in a release. The rating agency has rated the Rs 20-billion commercial paper of the company as A1+ indicating highest credit quality
With Gold Expressions, WGC and Ddamas bring together the best of Italian radiance and legendary design that translates into jewellery that is appealing on a more profound and emotional level, a WGC release said here. This years collection has 4
He assumes the responsibility in addition to his current role as Chief Investment Officer for Asset Management, India, a release said here. "Soni brings both experience and expertise to the role of leading our successful asset management business in the
A bench headed by Justice Altamas Kabir, while refusing Reliance Energy's contention that Tata Power had licence to supply power only to bulk customers, allowed TPC's plea against the Appellate Tribunal for Electricity (APTEL) order, which held the company did
We have invested eight million euros (Rs 55 crores) for setting up a manufacturing plant in Chennai and will pump in another eight million euros in expanding its capacity in the next two years," B.Braun Vascular System Senior Vice-President Gerd
At the Interbank Foreign Exchange (forex) market, the local currency moved in a range of 43.26 and 43.42 after resuming lower at 43.40/42 per dollar. Meanwhile, the benchmark BSE Sensex dropped by 176.34 points to end at 13,349.65 after gaining
The 50:50 JV will set up a greenfield manufacturing plant at Gurgaon with an investment of Rs 40 crore to supply parts to Indian automobile makers. Already it is talking to auto majors like Maruti Suzuki India, Mahindra & Mahindra
The scrip dropped to an intra-day low of Rs 28, down eight per cent from close of Rs 30.45 on the Bombay Stock Exchange. However, Spicejet shares later gained some of the lost ground later in the day to settle
Of the 13 sectoral indices IT registered a maximum fall of about 130 points or 3.11 per cent, led by shares of Wipro which dipped 4.61 per cent to close at Rs 419.70 and Infosys Technologies declined 3.62 per cent
Union Textiles Minister Shanker Sinh Vaghela said the total loan of handloom weavers may be around Rs 800-900 crore and "there is a need for writing off these loans to help the handloom weavers". The UPA government had, in the
Top securities (non-repo) traded on WDM segment were, the 8.24 per cent government security maturing in 2018 traded for Rs 220.00 cr at a weighted yield of 9.21 per cent, the 8.28 per cent government security maturing in 2032 traded
In value terms, the exports have rose to Rs 111.95 crore, from Rs 90.36 crore in the corresponding period last year. "The export have gone up due to the rising demand from overseas," the Tea Board official said, adding that
The product, which hits the markets, will enable RCom's customers a powerful combination of communications and multimedia capabilities, the company said in a press release here. "The smartphone is now available at more than 500 stores across the top 20
As per the agreement, Albemarle shall supply Ibuprofen API from its Orangeburg Plant in South Carolina, US, to Dr Reddy's for distribution to its client base, DRL said in a statement. The terms of the agreement were not disclosed. The