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No. of Items: 110 | No. Pages: 19
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Spencer's exits Mumbai, may resurface leaner
DNMUM316017 | 9/19/2014 | Author : Ashish K Tiwari
Mumbai: Spencer's Retail, promoted by RP-Goenka Group, has shut its flagship store at Inorbit Mall at Malad, a Mumbai suburb. The hypermart format store spread across 40,000 square feet has ceased operations and the mall owners are currently awaiting the expiry of its ...
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Maruti Suzuki COO Pareek quits ahead of Ciaz launch
DNMUM315838 | 9/17/2014 | Author : Yuga Chaudhari
Mumbai: Mayank Pareek, chief operating officer (sales & marketing), Maruti Suzuki is on his way out from India's biggest carmaker.According to sources familiar with the development, Pareek, who has been part of Maruti Suzuki since 1991, has decided to m...
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Oil prices are low, eliminate subsidies now: Raghuram Rajan to Centre
DNWEB4935 | 9/16/2014 | Author : DNA Web Team
Reserve Bank of India (RBI) governor Raghuram Rajan told the government on Monday to seize the moment to eliminate subsidies, e specially given for oil in the country.Speaking at the inaugural session of Indian Banking Conference organised by the Federation of Indian Cha...
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Timely subsidy payments perk up OMCs
DNMUM315691 | 9/15/2014 | Author : Dhwani Pandya
Mumbai: State-owned oil marketing companies (OMCs) are on a high as timely subsidy payments by the government and reduction in diesel under-recovery over last few months have helped them reduce dependence on lenders. The increase in cash flows has led to huge drop in borrowin...
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Hind Motors lenders get 11% stake in lieu of interest forgone
DNMUM315693 | 9/15/2014 | Author : Sumit Moitra
Kolkata: Hindustan Motors has stopped producing the iconic Ambassador car for sometime and its Mitsubishi car assembly plant has been divested. Yet, a handful of financial institutions are picking up stakes in the company afresh.A clutch of banks and FIs would now be ...
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More local devpt may bring down Skoda car prices
DNMUM315374 | 9/11/2014 | Author : Yuga Chaudhari
Czech auto maker Skoda is looking at bringing down the development cost of cars in India and make more localised products to boost volumes.Skoda has not been able to achieve larger volumes in India due to lack of new products, premium pricing and perception issue. As ...
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No. of Items: 110 | No. Pages: 19
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