Companies
Last Update: 09:05 PM GMT

Bajaj Auto, Renault-Nissan team up to rival Tata's small car Nano

By Surojit Chatterjee
Bajaj Auto chairman Rahul Bajaj and (inset) Tata's ultracheap car, Nano

Tata's ultracheap car Nano has a rival! On Monday, India's second largest motorbike maker Bajaj Auto and the French-Japanese automotive alliance Renault-Nissan announced that they would form a joint venture (JV) company to develop a low-cost car that would give Tata's $2500 Nano a run for its money.

Inside a Spencer's Retail store in Bangalore, India
Spencer's Retail plans Rs.1500 crore business expansion, eyes 250 new stores and int'l retail tie-ups

RPG Group company Spencer's Retail has laid out an ambitious expansion plan, seeking to invest Rs.1500 crore ($375 million) in rolling out 250 retail stores during the current fiscal year and ent...

An enthusiast looks at Ducati Monster, left, and Ducati 1098 on display during the launch of Ducati motorcycles in India at a press conference in New Delhi, India,Wednesday May 7, 2008
Vrooom!! Ducati bikes set to scorch Indian roads

Even as Harley Davidson continues to mull whether it should set its foot in India, Italian motorcycle maker Ducati Motor Holding SpA has taken the plunge, announcing, Wednesday, that it would be launc...

Murugappa Group corporate homepage
Murugappa Group to inject Rs.1300 crore on business expansion during current fiscal

Chennai-based business conglomerate, Murugappa Group said it has set aside Rs.1300 crore ($325 million) in the current fiscal towards business expansion.

Mobile monks
Maxis Communications to invest $4-5 billion on Indian business expansion

Malaysia's top mobile phone operator, Maxis Communications, said it will invest $4-5 billion over the next 2-3 years to expand its business operations in India.

RREEF corporate homepage
Deutsche Bank's arm to foray into India's realty market with $1 billion investment

RREEF Alternative Investments, the global alternative investment management business of Deutsche Bank's Asset Management division, announced it has launched a new venture that will invest over $1...

M&A
Adlabs Films corporate homepage

Anil Dhirubhai Ambani (ADA) Group company Adlabs Films Ltd has signed a definitive agreement that wi...

Corporate Earnings
State Bank of India's chairman O.P. Bhatt

India's largest bank, the state-run State Bank of India (SBI) has reported better-than-expected...

Deals
Reliance Communications teams up with Alcatel-Lucent for network management services

India's second largest mobile services provider, Reliance Communications has signed a global jo...

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