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No plans to enter commercial aviation: Mahindra

Last Updated: Thursday, July 23, 2015, 21:29

Denying any plan to venture into commercial aviation, Mahindra & Mahindra (M&M) today said that it's aerospace business remains restricted to manufacture of utility aircraft and aerostructures.

Tata Motors to treble CV exports in 4 years to beat local slump

Last Updated: Wednesday, July 22, 2015, 23:31

Tata Motors is giving an added thrust to exports of commercial vehicles to beat continuing slowdown in the domestic market and has set a target of more than trebling the shipments to 1.5 lakh units per year before 2020.

Air India to raise foreign loan worth $300 mn through ECB

Last Updated: Wednesday, July 22, 2015, 21:51

Air India will raise USD 300 million (about Rs 1,900 crore) by way of ECB and the government will provide guarantee for the loan, a senior Civil Aviation Ministry official said Wednesday.

Boeing profit beats estimates as aircraft deliveries surge

Last Updated: Wednesday, July 22, 2015, 19:09

Boeing Co reported a better-than-expected quarterly profit, helped by booming demand for commercial aircraft.

Air India may soon get $300 million loan through ECB

Last Updated: Wednesday, July 22, 2015, 14:40

This ECB would be guaranteed by the Government of India and interest rate is fixed or floating linked to Libor.

Tata Motors planning a slew of new models: Cyrus Mistry

Last Updated: Friday, July 17, 2015, 22:12

Tata Motors is investing heavily to roll out a slew of new models in the passenger and commercial vehicle segments, as also in new technologies to address the varying customer needs so as to make the company future-ready, chairman Cyrus Mistry has said.

Volvo plans to export buses made in India to Europe

Last Updated: Tuesday, July 14, 2015, 17:31

"We plan to use India for exporting our buses manufactured in India to developed markets in Europe," Volvo Buses President Hakan Agnevall told reporters here.

SBI to provide all info of distressed asset under auction

Last Updated: Sunday, July 12, 2015, 16:39

At the past two online auctions conducted in March and June, which was an industry first, the bank was successful in selling distressed residential properties, but failed to sell commercial properties in sizable numbers.

File RTI with TRAI to know status of phone complaints

Last Updated: Sunday, July 12, 2015, 14:34

Consumers can seek records of action taken by private telecom service providers (TSP) on their complaints from Telecom Regulatory Authority of India under the RTI Act, the CIC has held.

Qatar's Doha Bank considering Indian subsidiary

Last Updated: Friday, July 10, 2015, 19:51

Qatar-based commercial bank, Doha Bank on Friday said it is considering setting up a subsidiary in India to expand its presence across various cities.

Tata Motors sales up 6% in June at 40,870 units

Last Updated: Wednesday, July 1, 2015, 16:44

Domestic sales of Tata Motors' commercial and passenger vehicles stood at 35,823 units in June, showing a growth of 3 per cent over 34,760 vehicles sold in June 2014, Tata Motors said in a statement.

ECBs, NRI deposits push external debt to $475.8 bn

Last Updated: Tuesday, June 30, 2015, 20:38

India's total external debt rose by USD 29.5 billion, or 6.6 percent, to USD 475.8 billion during 2014-15 fiscal, mainly due to increase in external commercial borrowings and NRI deposits.