Automobile giant General Motors has decided to invest around Rs 10- 12 billion for establishing a power train (engine and gear box) manufacturing plant at its Talegaon Plant near Pune.  

Hyundai Motor India on Friday announced an exchange and upgrade scheme for customers. The scheme is beneficial for small customers who want to upgrade to a bigger car.

UB Group chairman Vijay Mallya seeks to acquire 26 % stake in SpiceJet for which he will have to disburse up to Rs 155 crore.

A growth of 22% in crude steel production has been noticed by JSW Steel Limited on comparable basis in Q1 FY 2008-09 including production of Salem works for corresponding period.