Honda to invest Rs965 crore to expand capacity for cars, bikes

Honda to invest Rs965 crore to expand capacity for cars, bikes

The plan is to increase manufacturing capacity by 600,000 units for two-wheelers and by 60,000 units for cars by 2016, Honda’s local units said
Para-banking firms must get rated well or shut shop: RBI

Para-banking firms must get rated well or shut shop: RBI

AFCs that do not get a minimum investment grade rating by 31 March 2016 shall not renew existing deposits or accept fresh deposits thereafter, says RBI
Mercedes-Benz plans first pickup truck as luxury pushes limits

Mercedes-Benz plans first pickup truck as luxury pushes limits

Mercedes will introduce a mid-size pickup truck by the end of the decade, focusing sales on Europe, Latin America, Australia and South Africa
Centre gains leverage with coal auction windfall for states

Centre gains leverage with coal auction windfall for states

Finances of coal-bearing states are expected to improve as they get their share of the coal mines auction proceeds
Lloyd’s hopes to start insurance operations in India in a year

Lloyd’s hopes to start insurance operations in India in a year

Lloyd’s chairman says discussion with Irda going well

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