The joint venture will manufacture Jaguar Land Rover and JV-branded vehicles and engines, set up a research and development facility, and sell vehicles produced by the JV.
MSI manufactures all the petrol engines at its Gurgaon plant and has an annual capacity of over eight lakh units.However, demand for diesel cars have soared in India as petrol is priced much higher than the government subsidised diesel.
Reports had said earlier that four state governments had slapped a fine of Rs 400 crore on the company's unit for delays in setting up the power project
Japan's No.2 automaker, Nissan, on Tuesday announced the revival of the Datsun brand, starting in India, Indonesia and Russia from 2014.
The fund, which will have a six-year lifespan like previous funds, will have a sub-tranche for Asia investments, Managing Director Ong Tek Khoan told Reuters.
With Starbucks yet to detail how many juice bars it plans to open, the popularity of its first shop, located in an upscale shopping area in Bellevue, Washington, an affluent city just east of Seattle, will be closely watched.
UPS will become the market leader in Europe and also gain access to TNT's stronger networks in the fast-growing Asian and Latin American markets.
Adobe Systems Inc, maker of Photoshop and Acrobat software, said revenue growth slowed as sales of its widely used Creative Suite software fell, missing its forecasts, ahead of widely anticipated product launches this quarter.
The TRAI has sought Chief Metropolitan Magistrate Vinod Yadav's direction to summon and prosecute Loop Mobiles for rejecting subscribers' requests for number portability.
Hopefully, with increase in liquidity through availability of ECBs and availability of higher deduction for affordable housing, the real estate sector may get some respite from an otherwise stagnant growth pattern.
Tata Motors said in a statement that the company has decided to increase the prices in proportion to the hike in the excise duty.
Jet fuel constitutes over 40 percent of an airline's operating cost.
Mukherjee will present the Union Budget for the seventh time, the second-highest by any Finance Minister.
Oman has increased the price of gas to $3 per million British thermal unit (mBtu) from January 1, for all the industries including Ominfo.
"As per law the CBI has sought permission of the government for taking up investigation against the officers of the rank of the Joint Secretary and above and the same is under consideration," Minister of state of personnel V Narayanasamy said in a written reply to Lok Sabha.
In the last decade, India has made tremendous strides in aviation with traffic carried by domestic airlines growing nearly six-fold from 13 million to around 60 million in 2011, he said.<br /><br />
In the last hearing in November, the High Court had reserved the judgement after the two parties - Sebi and MCX-SX - were unable to settle the matter out-of-court.
France will be the focus country for the event, while UK will be the partner country and US the guest country.
Kingfisher has cleared all its tax and interest dues up to August 2011, Mukherjee told lawmakers in a written reply.
The ACJ318 is similar in size externally to traditional large bizjets.
Khazanah sold the shares of Yes Bank in stock market block deals on Monday, said the sources, who did not want to be named as the information is not public yet.
Bharti Airtel has launched '1-day Bridge DataRoamUnlimited' under which its post-paid users can get unlimited data usage while roaming across Asia Pacific for $10 per day.
Investors opted for a conversion of 1349 bonds into equity shares, and the payment was done on February 22, the company said in a release.
Prior to joining IIFL, Goel was managing director and head of investment banking at Nomura India and has experience of over 15 years.
In keeping with the bank's strategy of constantly striving to meet the evolving needs of its clients, Standard Chartered will actively collaborate with Google to reach out to SMEs to educate them on the benefits of getting online, the bank said in a statement.
The first unit of 800 MW was commissioned in a record 48 months of construction work starting on the project, the country's largest private power utility Tata Power said in a statement.
Exxon Mobil Corp said its 2012 oil and natural gas output would drop 3 percent from last year even as it increases spending to bring several large new projects on line, and its shares fell 1.2 percent.
Deutsche Bank plans to reorganise its management board by replacing two senior members before India-born Anshu Jain takes over as the co-CEO.
Anand Sharma defended cotton exports ban, said he will personally speak to Agriculture Minister Sharad Pawar to explain the issue.