Tata Motors-owned British iconic sports car maker Jaguar Land Rover has introduced the Range Rover SVAutobiography Dynamic, a new high-end SUV to expand its Range Rover portfolio in India – the third biggest economy in Asia.
Sixteen months ago, Elon Musk shook the auto industry by unveiling the Tesla Model 3, a $35,000 electric sedan designed to take on the best-selling luxury cars.
Online grocery retailer Bigbasket.com has entered into a preliminary agreement with Alibaba and the e-commerce company backed by it, Paytm Mall, to conduct due diligence for a probable stake sale. Sources said both the entities wish to invest $200 million in Bigbasket for a significant stake.
As its proposed merger with bigger rival Flipkark is heading nowhere as of now, Snapdeal is in the process of preparing a plan B.
Cash-starved Air India can reduce its financial burden if it accepts a latest suggestion by global management consultant McKinsey & Company to re-negotiate contracts with three aircraft leasing firms — ALAFCO, GECAS and CIT.
Intense tariff war and high taxes are expected to squeeze Indian telecom operators, leaving a gaping Rs 1,20,000-crore deficit between the industry's earnings and its debt/ payment commitments this year, says the debt-laden Reliance Communications.
Directors of companies that have not been carrying out business for a long time are set to be disqualified from holding directorship in any registered firm for up to five years, as part of the government's intensified efforts against the black money menace.