The company, a step-down subsidiary of global shoe retailing giant Canada-based Bata Shoe Organization (BSO), will now shift its focus to women to power its business. The twin reasons: the… Read more »

Swedish household appliance maker AB Electrolux is scouting for a local partner to enter India’s television and audio products market through brand licensing, a top company executive has said. “India… Read more »

Johnson Controls, a global supplier in automotive seat systems and components, has acquired full ownership of Tata Johnson Controls (TJC). The final transfer of the 50 % share took place… Read more »

A top Iranian diplomat today said at least four banks from the Middle East country are interested in setting up shop in India, but are facing difficulties due to regulations…. Read more »

Dubai-based Rotana Hotels may announce its first project in a few months as part of its expansion plans in India and likely to invest USD 3-5 million over the next… Read more »

Dairy major Nestle India today said it will invest Rs 250 crore on expansion and modernisation of its existing milk plant at Moga in Punjab. In his meeting with Punjab… Read more »

Mahindra First Choice Wheels, a leading multi-brand certified used car company opened its 259th national outlet, the first in this coastal city on Monday, and its seventh outlet in the… Read more »

Honda Motorcycle & Scooter India (HMSI), a wholly-owned subsidiary of Honda Motor Company, Japan, has opened its third manufacturing facility in the country at Narsapura Industrial Area in the Kolar… Read more »

Walmart Stores Inc, the world’s largest supermarket, looks set to become the first foreign company to invest in multi-brand retail by buying a 49% stake in Cedar Support Service, the… Read more »

Malaysian telecom giant Maxis Communications will infuse up to $900 million (over Rs 5,000 crore) in fresh equity and bring more capital through a proposed sale of broadband wireless access… Read more »