Excited about the launch of the people's car, the Nano, Tata Group Chairman Ratan Tata today said the project was not conceived to satisfy his ego, nor was the Rs 1-lakh pricing a "gimmick".

Nano, the wheels that millions of Indians have been waiting to drive, today hit the roads and waved goodbye to Tata Motors' enduring image as a truckmaker.

Even as Tata Motors announced the commercial rollout of the small car Nano in Mumbai Monday, company officials said the main factory here, 45 km from Ahmedabad, will be up and running by this year-end

The economic crisis cannot be resolved until the banking sector is cleaned up, the head of the International Monetary Fund said on Monday.

Tata Motors Monday said deliveries of its small car Nano will start in July. The first set of bookings, for some 100,000 cars, will be accepted from April 9 to 25.

Swiss telecommunications equipment maker Ascom has agreed to buy software company TEMS from Ericsson for 190 million Swiss francs ($169.8 million).

Biocon on Monday announced the opening up of its new research and development facility, in collaboration with US-based Bristol Myers Squibb, at Biocon Park in Bangalore. Syngene International, a subsi

Booking for Tata Motors' Nano will start on April 9 and booking will be open till April 23, said Ratan Tata on Monday.

Gold prices traded lower on Monday, pressured by a strong rupee, but buyers stayed away on hopes of more falls as prices were still within a striking distance of its record 16,040 struck on Feb. 20, t

Some of American International Group Inc's biggest rivals have urged US Federal Reserve Chairman Ben Bernanke to prevent the insurance giant from using the government rescue to win an advantage, parti