Sun Pharma US arm faces class action suit from ex-employees

Last Updated: Friday, August 28, 2015, 19:24

Sun Pharmaceutical Industries on Friday said a class action lawsuit has been filed against its US arm by some former employees following the shut down of a manufacturing unit at Detroit in Michigan.

GM open to working with Google on self-driving car technology

Last Updated: Tuesday, January 13, 2015, 10:53

General Motors Co is open to working with Google Inc on developing self-driving car technology, the chief technology officer for the US automaker said on Monday.

Jaguar to launch F-Pace SUV in 2016

Last Updated: Monday, January 12, 2015, 05:08

The car is based on a new lightweight, aluminum-intensive architecture and will go on sale in 2016.

4-year-old girl shoots and kills cousin of same age in US

Last Updated: Friday, January 17, 2014, 13:37

In yet another shooting incident in the US involving toddlers, a 4-year-old girl shot and killed her cousin of the same age while they were playing with a gun.

''New'' GM has old problem: Stagnant US market share

Last Updated: Tuesday, January 14, 2014, 12:15

General Motors Co has much to celebrate at this year`s Detroit auto show, the first since 2009 that the company is not partly owned by the U.S. government.

Bentley eyes ultra-exclusive auto collectors' segment

Last Updated: Tuesday, January 14, 2014, 11:21

Bentley sees a market for ultra limited-edition vehicles that appeal to clients who place a premium on scarcity.

In Detroit bankruptcy trial, union says city had pensions in sight

Last Updated: Thursday, October 24, 2013, 12:24

A trial on Detroit`s eligibility for bankruptcy protection kicked off on Wednesday with opponents claiming the city tried to bypass restrictions on cutting workers` pensions, as experts in municipal bankruptcy around the country watched closely in a case that could set important precedents.

In Detroit bankruptcy trial, union says city had pensions in sight

Last Updated: Thursday, October 24, 2013, 09:25

At issue is whether Detroit, which in July filed the largest municipal bankruptcy in U.S. history, negotiated in good faith before it sought protection from its creditors.

NYC may go bankrupt just like Detroit, Mayor Bloomberg warns

Last Updated: Wednesday, August 7, 2013, 18:15

Bloomberg said that like Detroit, New York City was once one of the manufacturing centers in the United States, however, as large-scale manufacturing companies slowly moved out of large cities across the country, New York began to diversify its industries rather than depending on a single one.

Judge stops lawsuits against Detroit bankruptcy

Last Updated: Thursday, July 25, 2013, 08:53

A federal judge agreed with Detroit and stopped any lawsuits challenging the city`s bankruptcy.

Detroit bankruptcy raises red flags in other US cities

Last Updated: Tuesday, July 23, 2013, 17:38

Even as a federal judge set a hearing on a challenge to a bankruptcy filing by Detroit, America's famed automotive city, questions are being raised about the fate of several other debt-crushed major US cities.