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GM India January sales drop 17.46 pct
General Motors India on Wednesday reported a 17.46 percent year-on-year decline in car sales for January, 2012.The company sold 8,241 vehicles last month as against 9,984 units in the same month last year. P. Balendran, Vice President, General Motors India, said "The sales were not on the expected lines as the market continues to be sluggish. "High interest rates, hike in fuel prices, commodity

Why private equity loves the Shriram Group

Shriram Capital is the undisputed destination of choice for private equity (PE) players in India. As of today, 23 PE investors have invested over $750 million in Chennai-based Shriram Group since 2005

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FMC tightens noose on exchange members

Gaining further control on the day-to-day activities of national exchanges, the Forward Markets Commission (FMC) has asked members of all commodity exchanges to take prior approval for any change

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Media ownership and independence

Big business has owned media companies before. The undivided Birlas had Hindustan Times in Delhi and Searchlight in Patna; the Dalmia-Sahu Jain combine (which later split) had

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Jharkhand brings law to provide relief to flat owners and tenants
The state cabinet on Friday decided to bring a law in the forthcoming winter session of the state Assembly to provide relief to the owners of flats, houses and commercial establishments..

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Rocky first year for new Resorts owners in NJ

Four major lawsuits, a dozen union demonstrations that drove business away, more than $16 million in losses, sexy billboards, stage shows and circuses that garnered widespread free publicity, and

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