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India
Tata Motors to review portfolio,to work out turnaround strategy
Tata Motors’ newly appointed MD & CEO Guenter Butschek has his task cut out. He has decided to review the company’s current product portfolio (including Nano) and future launch plans to work out a turnaround strategy.
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India
Mumbai court grants Mallya exemption
A local magistrate has granted exemption from personal appearance to UB Group chairman Vijay Mallya, who is still believed to be abroad, after his lawyer said he was trying to settle the dues he owed.
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India
Rising FDI helping India narrow external finance needs: Moody's
Rating agency says it will mitigate the risk of widening of current account deficit
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India
The final word on revised GDP
Panel headed by Pronab Sen has decided that India's growth rate has been correctly estimated by the Central Statistical Office (CSO)
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Giappone
Seven & I board rejects plan to replace Seven-Eleven Japan president Isaka
The board of retail giant Seven & I Holdings Co. on Thursday voted not to replace the president of its convenience store chain Seven-Eleven Japan Co., sources said. Seven & I Holdings Chief Executive Officer Toshifumi Suzuki, 83, has taken the initiative to replace Ryuichi Isaka, 58, the chain’s president. ...
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India Giappone
Toshiba to build railway parts factory in India
Toshiba Corp. will build a factory in India to make parts for trains following plans by General Electric Co. and Alstom SA to set up manufacturing facilities in the country after winning deals to build locomotives. The Japanese company will make train control and power conversion systems in the factory ...
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Giappone
Japan to print additional ¥10,000 bills as more people stash their cash at home
The Finance Ministry plans to increase the number of ¥10,000 bills in circulation, amid signs that more people are hoarding cash. It will print 1.23 billion such notes in fiscal 2016, 180 million more than a year earlier. The number of ¥10,000 bills issued annually leveled off at around 1.05 ...
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Giappone
Technicolor engineers find way to store Hollywood’s history in a bottle
A Technicolor scientist surrounded by the latest virtual reality technology inspects a vial containing a few droplets of water — and 1 million copies of an old movie encoded into DNA. The company has come a long way since Hollywood’s golden age, when the world gazed in awe at the ...
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USA Giappone
Texas teen is 11th person to die from exploding Takata air bag inflator
A 17-year-old driver of a recalled 2002 Honda Civic was killed last month after a Takata Corp. air bag ruptured during a rear-end crash, Honda Motor Co. and U.S. regulators said on Wednesday. It is 10th U.S. death linked to a defect that has prompted recalls of tens of millions ...
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Cina Giappone
Yamato to offer four-day deliveries to China
Yamato Global Logistics Japan Co. will start a service in early May that delivers Japanese products to Chinese consumers in as little as four days through an alliance with local partners including online retailer JD.com. With the alliance, Yamato Global, a unit of Yamato Holdings Co., hopes to win new ...