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Global automobile market on revival path, Korean automobile companies' market share increase to 8%Compared to the first half of 2019 before COVID-19, India (1.5 per cent) and Russia (6.0 per cent) showed positive growth rate. The U.S. (1...
Electronic, mobile & auto plants crank up outputIndia’s top consumer electronics, smartphone and auto companies are resuming or raising production this week more than a fortnight after th...
Consumer goods, auto companies give big hikes, bonuses to employeesRecord sales after restrictions in India were eased in June last year have prompted electronic and smartphones companies Samsung, LG, Apple...
SsangYong in deep crisis as auditor refuses to give opinion on H1 resultsMahindra-owned SsangYong Motors is in the midst of a severe crisis with their auditors Samjong KPMG refusing to deliver an 'opinion' on the...
Global cos eyeing SsangYong stake as Mahindra looking to scale down role in loss-making bizSeveral global auto companies are said to be in the running for a minority stake in SsangYong Motor Co (SYMC), the ailing South Korean subs...
M&M may need lenders’ nod to cede control at SsangYongMahindra would find it difficult to fully exit Ssang-Yong, the primary reason being the loans.
The US may have Musk, but Austria is where AI research happensDriverless vehicles are set to first replace transportation that runs over fixed networks in predictable environments, think airport shuttl...
Micromax’s Sharma gears up to jump on to EV bandwagonThe businessman, who has been studying the electric mobility space for the few years, has invested Rs 500 crore of his personal wealth in R...
M&M SsangYong breaks into top 3 PV cos in South KoreaUnder Mahindra, SsangYong Motor has seen its domestic volumes more than double in the past 5 years in a market that is growing in single di...
IIT postgraduate students engineer flood of offers in tech rolesPG students, both from STEM (science, technology, engineering and mathematics) and humanities streams are in demand for jobs in emerging te...
Pre-budget booster: Excise duty cut on automobiles, consumer durables & capital goods extendedAutomobile majors had indicated that unless the government extends the sops, they may have to hike car prices after June.
- Samsung ordered to pay $532 million to creditors
The creditors recouped the 1.6 trillion principal in May last year when Samsung Life sold its shares in the country's largest initial publi...
- Indian market to fuel growth for MNCs
Senior officials in MNCs such as Unilever, Philips, Nestle, PepsiCo, Coke, GM, VW & Microsoft bet big on India. Top 10 Wealthiest CEOs I Mo...
- Renault reports 37 per cent increase in first half net profit, lowers 2009 sales target
Renault SA reported a 37 per cent increase in net profit for the first half.