Auto component sector to grow 8-10% in current fiscal: ACMA

Last Updated: Tuesday, June 30, 2015, 16:57

Banking on revival of commercial vehicle segment, the auto component industry body ACMA expects the sector to grow by up to 10 percent in the current fiscal.

Mahindra launches small commercial vehicle 'Jeeto'

Last Updated: Tuesday, June 23, 2015, 17:29

Mahindra & Mahindra Tuesday launched all new small commercial vehicle 'Jeeto', with price starting at Rs 2.32 lakh (ex-showroom Telangana).

Daimler starts export of Fuso trucks to Cambodia

Last Updated: Monday, June 22, 2015, 18:13

German commercial vehicle maker Daimler has begun shipment of left-hand drive Fuso trucks to Cambodia, making the country its 13th global market.

Airbus expects commercial planes demand to touch $4.9 tn

Last Updated: Tuesday, June 16, 2015, 18:58

Airbus confirmed the sale of 60 modernised versions of the A320neo family to the aircraft financing and leasing company, GECAS.

Ajay Mahajan is IDFC's Commercial, Wholesale Banking Head

Last Updated: Monday, June 15, 2015, 17:42

"In this role, Mahajan will oversee coverage of SME, mid-cap and large corporates, financial institutions, government business and transaction banking, treasury and markets and investment banking," IDFC said in a statement.

Mahindra to launch Jeeto mini truck to take on Tata Ace Zip

Last Updated: Sunday, June 14, 2015, 16:25

M&M's Jeeto is expected to take on Tata Ace Zip which has a payload capacity of 600 kgs and is priced around Rs 2.55 lakh.

Ambience eyes Rs 150 cr annual rent from new office building

Last Updated: Sunday, June 14, 2015, 15:24

The Delhi-based developer has constructed the tower with one million sq ft of leasable area and has already leased 2.5 lakh sq ft of office space to Panasonic India.

ABG Shipyard in talks with Privinvest for strategic stake sale

Last Updated: Friday, June 12, 2015, 15:55

The company did not offer any clarity on the equity percentage to be sold, but Privinvest is expected to buy up to 49 percent through fresh equity worth Rs 1,000 crore.

RBI extends ECB borrowing window for airlines till March 2016

Last Updated: Thursday, June 11, 2015, 20:20

The Reserve Bank Thursday extended the deadline for aviation sector to raise funds through external commercial borrowings (ECBs) route by a year till March, a move aimed at providing relief to the cash-crunched sector.

Bank credit growth slows to 9.8%

Last Updated: Wednesday, June 10, 2015, 16:11

Growth rate of credit by scheduled commercial banks slowed to 9.8 percent at Rs 66,33,417 crore for the fortnight ended May 29, as per Reserve Bank data.

RBI permits companies to issue rupee bonds overseas

Last Updated: Tuesday, June 9, 2015, 21:12

The Reserve Bank Tuesday proposed that Indian corporates eligible for raising external commercial borrowings (ECBs) could also raise funds overseas by issuing Rupee linked bonds, a move expected to open another window for cheaper resources.