Maruti Suzuki India Ltd., the nation’s biggest carmaker by volume, reported second-quarter profit that beat analyst estimates after a weaker Japanese yen cut import costs.
Tata Motors Ltd. , challenging Hyundai Motor Co. as India’s No. 2 automaker, may gain an edge over the South Korean carmaker from India’s decision to end state controls on gasoline prices.
Payment defaults by grounded Indian carrier Kingfisher Airlines Ltd. are prompting aircraft lessors to demand a premium to cover risks in the South Asian country.
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.
Tata group, which started India’s first airline in 1932, is set to return to the industry as new Chairman Cyrus Mistry plans a budget carrier with Tony Fernandes’s AirAsia Bhd.
Ashok Leyland Ltd., India’s third- most indebted automaker, plans to raise 5 billion rupees ($84 million) selling assets to pare liabilities after reporting its first loss in 12 years.
Tata Motors Ltd., India’s biggest automaker, posted profit that missed analyst estimates as sales growth at its Jaguar Land Rover Ltd. unit slowed.
Tata Motors Ltd., India’s biggest automaker, has a new strategy to revive car sales from a decade low: the company is promising to buy back your Manza sedan.
Ashok Leyland Ltd., India’s second- biggest truckmaker, is adding small goods carriers and expanding overseas to claw back market share lost to Eicher Motors Ltd. and Tata Motors Ltd.
Maruti Suzuki India Ltd., the nation’s biggest carmaker by volume, is considering setting up its first overseas assembly plant in Africa as it seeks to revive flagging exports.
"With the parent making losses, Jaguar Land Rover is driving more than 100 percent of the profit."
- Mahantesh Sabarad on Nov 08, 2013