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India's Maruti to spend $716 mln on new car plant
MUMBAI, June 2 (Reuters) - India's top carmaker Maruti Suzuki is to invest 40 billion rupees ($716 million) to set up a new manufacturing facility in the western Indian state of Gujarat, with a capacity of up to 2 million units by 2015-16. The company has signed an agreement with the government of western Indian state of Gujarat to buy land to set up a new manufacturing facility, it said in a statement

CORRECTED-India's Maruti to spend $716 mln on new car plant
to show new facility will raise company's total capacity)

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Hong Kong shares seen lower, China PMI eyed
HONG KONG, June 1 (Reuters) - Hong Kong shares are poised for a weak start to the month on Friday after a 12 percent slide in May and heightened risk aversion globally as slowing growth and the

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This market's for passive investment

The health of the personal vehicle industry is a pretty good way to judge consumption demand in an economy. A vehicle is a big-ticket purchase and higher sales growth is more or less a guarantee of

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Maruti to spend $716 mln on new Gujarat car plant
MUMBAI (Reuters) - The country's top carmaker Maruti Suzuki is to invest 40 billion rupees to set up a new manufacturing facility in Gujarat, raising its total capacity to 2 million units

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Russian banks eye closer ties with Chinese partners
Russian banks will forge closer ties with Chinese partners and attract more investments to develop Russia's Far East region, a Russian Banker has said.

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