Chennai News
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The Indian maker of Royal Enfield, the World War II-era British motorcycle owned by stars including Brad Pitt, plans to export the vehicles to Southeast Asia and Latin America as it builds on record sales at home.
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The Sacramento Kings were sold to a group led by software billionaire Vivek Ranadive, who will become the first Indian-born owner in National Basketball Association history.
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In India, where one-in-six people are undernourished, an unlikely business is booming: obesity surgery.
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Welspun Energy Ltd., India’s biggest developer of solar projects, said it will build a 60-megawatt solar power plant in south India after winning a local government auction.
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Bayerische Motoren Werke AG said it’s cooperating with Indian authorities after a newspaper reported the German company is being investigated for possibly owing $120 million in taxes.
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Air India Ltd., which has received about $1.7 billion in the past four years in government bailouts, is now finding support from state-owned fuel suppliers in its fight for market share.
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SpiceJet Ltd., the discount carrier controlled by billionaire Kalanithi Maran, will add flights to mainland China as trade expands between India and the world’s second-biggest economy amid intensifying competition at home.
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Chennai will get a third desalination plant to meet growing demands for water in the southern Indian city, the Times of India reported, citing chief minister J Jayalalithaa.
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Following is a table showing commercial paper reported by Companies. The data has been provided by JM Financials, NVS Brokerage Ltd. and SPA Securities Ltd.
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Etihad Airways PJSC’s purchase of a 24 percent stake in Jet Airways (India) Ltd. boosts its position in a high-growth market that’s being targeted by new entrants including AirAsia Bhd. as the state invites foreign investment.
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