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Ceat targets 20% margins, $1 billion revenue from Camso acquisitionCeat Tyres is set to achieve significant growth through its Camso acquisition. The company aims for operating margins up to 20% and a $1 bi...- PM Modi's save fuel appeal: From Amit Shah to Rajnath Singh, these ministers are cutting down their convoy sizesPrime Minister Narendra Modi's call for austerity is resonating across BJP governments. Union ministers and chief ministers are downsizing ...
- Rupee sinks to fresh closing low of 95.08 against USD on NDF maturities, firm crudeThe Indian rupee has reached its weakest point ever. This is due to increased demand for dollars and higher oil prices. India's central ban...
- SC issues pan-India directions for road safety, says expressways should not become corridor of perilThe Supreme Court has mandated new nationwide road safety rules. Heavy vehicles are now banned from parking on expressways, except at desig...
- Dollar kept aloft as another Trump deadline loomsThe dollar hovered near recent highs as traders awaited a U.S. deadline for Iran to open the Persian Gulf or face attacks. Escalating Middl...
- CNH India to resume US tractor exports; invest Rs 1,800 cr in capacity expansion after tariff cutCNH India will restart full tractor exports to the US. The company plans a Rs 1,800 crore investment over the next two to three years. This...
- India EU-FTA will enable more tech sharing, collaboration: IndustryA new trade deal between India and the European Union promises more technology sharing and collaboration. This agreement is expected to boo...
- Agri equipment firm CNH opens 4th distribution centre in India to boost aftermarket serviceAgricultural equipment major CNH has launched a new parts distribution centre near its Pune manufacturing plant. This facility will boost a...
- Banks push for Yuan trade in GIFT City as India-China ties warm upIndia's GIFT City is considering allowing banks to transact in offshore renminbi. This move follows a suggestion from banks to broaden serv...
- CNH Industrial looks to leverage India's tech skills, cost advantages for global requirementsCNH Industrial harnesses Indian talent at the India Technology Centre for global technology development, emphasizing innovation and regiona...
- India will soon become largest tech centre for CNH Industrial: Marc KermischCNH - which has 600 engineers working at the India Technical Centre (ITC) in Gurugram (Haryana) - is in the process of hiring an additional...
- Top European tractor maker CNH targets mainstream market in IndiaApart from playing a larger global role, CNH is seeking to tap into the growing farm business.The company had recently strengthened its off...
- CNH Industrial targets double-digit revenue growth from construction equipment vertical in 3 yearsThe construction and agricultural equipment maker has charted a strategic business plan and expects revenues from the construction equipmen...
- Tractor major CNH to triple sourcing from IndiaAs part of its 'China plus' strategy, the Italian-American company has clear visibility of at least tripling its sourcing from India to wor...
- Tractor market to uptick from mid next year: CNH Industrial“Tractor sales have declined the past few months because of high base and inflation. Long-term, though, there is a huge potential for growt...
- Fiat Chrysler, Ferrari shares fall 5% on Marchionne health crisisJeep division head Manley was named on Saturday to succeed Marchionne as CEO of Fiat Chrysler.
- CNH Industrial appoints Raunak Varma as country manager for India & SAARCVarma, who has over 20 years of experience in business administration, operations and finance, will be replacing Gabriele Lucano at the fir...
- ICICI Bank raises 500 million Yuan bond at 4.66 per centICICI is the only private sector bank to access the CNH market twice this year.
- Fiat says will axe up to 15 pct of jobs at CNHFiat said that it would cut up to 4,600 jobs at its loss-making US subsidiary CNH, an agricultural and construction equipment maker that em...
- Fiat fined $7 million for Oil-for-Food kickbacksFiat subsidiaries paid $4.4 million in kickbacks for contracts under the UN Oil-for-Food program, according to documents filed at US Distri...
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