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Eicher Bus Body Manufacturing Plant to be Set Up
New Delhi, Delhi, India:VE Commercial vehicles limited (Volvo Group and Eicher Motors JV) did the ground breaking ceremony of the upcoming Eicher bus manufacturing plant near Indore at Dhar, Madhya Pradesh. The plant is being set up with an investment of INR 125 Crores in the first phase and would commence production by 2nd quarter of 2013. The plant will have a capacity to produce 10000 buses when

State clears air on OMC-Sainik Mining deal

Fearing de-allocation of the Utkal-D coal block allocated to Orissa Mining Corporation (OMC) over issues related to shareholding and delay in project execution, the state government has shot off a

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JLR plans manufacturing JV with China's Chery - report

Jaguar Land Rover (JLR) plans to partner with Chery Automobile to manufacture vehicles in China and has applied to regulators for clearance of the joint venture, Bloomberg reported on Friday, citing

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Apollo Hospitals sees insurance JV premiums rise
Healthcare operator Apollo Hospitals Enterprise expects its health insurance joint venture with Germany's Munich Re to collect premiums of 4.5 billion Indian rupees in the fiscal year ending March

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Restrictions on FDI in single-brand retail lifted

India formally eliminated restrictions on foreign investment in its single-brand retail sector on Tuesday, opening the door to the likes of Swedish furniture giant IKEA to open stores in Asia's

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L&T works on boosting orders

Move to quickly set up new offices abroad, start joint ventures, hire talent. Slowing order inflows might have made many construction companies jittery, but A M Naik and his team at Larsen &

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