Suzuki Motor Corp plans to build a new auto plant in India capable of producing over 250,000 vehicles per year, with the aim of starting operations as early as 2013. The automaker, which first started production in India in 1983, plans to expand its Indian output to 1.45 million units by 2012. The passage of India's Nuclear Liability bill is expected to bring in more foreign investment in the country's atomic energy sector by addressing liability concerns of foreign companies.
2. Suzuki to build new auto plant in India Japan's Suzuki Motor Corp is planning to build a new factory in India capable of producing more than 250,000 vehicles a year, the Nikkei business daily reported on Sunday. Suzuki aims to start operations at the new plant as soon as 2013, the newspaper reported without citing a source. The automaker, which first started production in India in 1983, plans to expand output there to 1.45 million units by 2012.
3. 6 of top-10 cos add Rs 20k cr in m-cap, Bharti top performer MUMBAI: Amid a volatile market past week, six of the top-ten listed companies earned Rs 19,694.39 crore to their combined market capitalisation (m-cap), with the country's top telcom player BhartiAirtel adding the maximum to the kitty.
4. I am the least-paid Fortune 500 CEO: SBI Chairman The State Bank of India broke into the Fortune 500 club during Om Prakash Bhatt’s current five-year tenure as chairman — surely something to celebrate. And he is proud of the fact that not only did he get SBI there, but the bank has also been inching up a few notches with every passing year.
5. Rs 28,000 cr Games expense sounds like wrong priority: AzimPremji Recently, the central government disclosed that its total spend on the Delhi Commonwealth Games is likely to be Rs 11,494 crore. This number is disconcerting for two reasons. One, because it is an order-of-magnitude away from its original estimate of Rs 655 crore. Two, because the real cost of the games will be much higher if we were to include:
6. Nuclear liability bill to bring in more investment: Report WASHINGTON: Describing it as a personal victory of Prime Minister Manmohan Singh before the visit of US President Barack Obama to India, American media on Thursday said the passage of the Nuclear Liability bill would pave the way for much needed foreign investment in the crucial atomic energy sector of the country.
