The list of Indian companies paying annual remuneration of Rs 1 crore plus to at least two of their top executives is growing rapidly. An ET study on executive directors’ remuneration shows that there has been a 60% jump in the number of such firms between FY06 and FY08.
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Economic Times

UK-based NRI business conglomerate, Hindujas, which is stepping up its commercial vehicle manufacturing business in the country, have not ruled out the possibility of making passenger cars.
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Economic Times

Tata Motors on Sunday supported West Bengal government's new rehabilitation package for Singur farmers, who it hoped would respond positively and allow the Nano project to come up.
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Economic Times

In his 43 years as a General Motors Corp factory worker, Roger Ezell has seen recessions, gasoline price spikes, sales slumps and multibillion dollar losses.
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Economic Times

Despite high interest rates and tax provisions, private corporates in the country posted a 26 per cent jump in their net profits in FY 08, primarily driven by a healthy sales growth, Reserve Bank of India (RBI) data said.
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Economic Times

For the second consecutive month, car sales hit skid row as Motown’s worries continued into the official shraadh season. Car sales declined 4.36% in August as higher loan rates hurt demand for mid-size cars and hatchbacks.
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Economic Times

A joint venture between India's Eicher Motors and Swedish truck-maker Volvo plans to launch two new heavy-duty commercial vehicles in two years, a top official of Eicher Motors said.
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Economic Times

Whenever you talk about sport or politics or film stars or even cars, one tends to zero in on the two or three who keep on competing against each other making the competition even more fun and intriguing than the final outcome itself. In all these dogfights the one which has been played to a great extent continuously now for the past two decades has been the all-Japanese rivalry between the Honda Civic and the Toyota Corolla.
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Economic Times

Tata Motors is all set to manufacture 1,000 Nanos at its Pune plant. The vendors have released their last lot of components for Nano on Thursday, which will be delivered to Pune within a day or two....

Economic Times

Car sales in India fell for the second straight month in August to 94,584 units, down 4.4 per cent from 98,893 in the same month a year earlier, an industry body said on Thursday....

Economic Times