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  • Department of Homeland Security spokesman says it may increase security presence on transit systems following terror warning, AP reports.

Ashok Leyland targets aerospace sector for testing services

November 26th, 2008 - 9:20 pm ICT by IANS -
Chennai, Nov 26 (IANS) Commercial vehicle major Ashok Leyland, part of the Hinduja Group, will target the Indian aerospace sector for testing various aircraft components, a senior group official said here ...

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Power starved factories in Hosur apprehend closure

October 27th, 2008 - 7:35 pm ICT by ANI -
By Arun Kannan Hosur (Tamil Nadu) Oct.27 (ANI): Factory workers and industrialists in Tamil Nadus Hosur area are upset over the acute power shortage, which is causing lay offs and a concern ...

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Ashok Leyland sales down in September

October 9th, 2008 - 5:48 pm ICT by IANS -
Chennai, Oct 9 (IANS) Leading commercial vehicle manufacturer Ashok Leyland saw sales slump 1,055 units to 6,186 units last month, compared to 7,241 units sold in September 2007. However, last month's sales ...

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Hindujas eye acquisitions in Europe, South America

October 5th, 2008 - 2:46 pm ICT by IANS -
Chennai, Oct 5 (IANS) The London-based Hindujas are eyeing takeover of technology firms and foundries in Europe and South America and plan to invest Rs.37 billion ($800 million) to make their automotive ...

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Ashok Leyland, John Deere join hands for construction equipment

September 30th, 2008 - 5:05 pm ICT by IANS -
Chennai, Sep 30 (IANS) Auto major Ashok Leyland, part of the Hinduja group, and the US-based John Deere have set up a 50:50 joint venture to manufacture and market construction equipment in ...

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Hindujas looks at tipper truck body plant in Goa

September 19th, 2008 - 9:27 pm ICT by IANS -
Chennai, Sep 19 (IANS) The Hinduja group is considering setting up a tipper truck body plant in Goa, the company said Friday.A company statement said the group, through its flagship heavy vehicles ...

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BJP lawmaker claims Delhi overpaid for new low floor buses

BJP lawmaker claims Delhi overpaid for new low floor buses

September 12th, 2008 - 10:52 pm ICT by IANS -
New Delhi, Sep 12 (IANS) Bharatiya Janata Party lawmaker from Delhi Vijay Jolly Friday accused the Congress government here of pocketing over Rs.1.53 billion while ordering low-floor buses and demanded an enquiry ...

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Ashok Leyland, Nissan to set up facilities in Tamil Nadu

September 8th, 2008 - 10:17 pm ICT by IANS -
New Delhi, Sep 8 (IANS) Heavy vehicles major Ashok Leyland and Japanese automobile giant Nissan Monday signed an agreement with the Tamil Nadu government for jointly setting up two projects in the ...

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German automotive company sets up India plant (Lead)

July 15th, 2008 - 1:15 pm ICT by IANS -
Bangalore, July 15 (IANS) German automotive major Continental AG has set up a Rs.2.2 billion ($50 million) greenfield plant here to manufacture electronic components for the booming automobile market of the sub-continent. ...

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German automotive major sets up shop in India

July 15th, 2008 - 11:45 am ICT by IANS -
Bangalore, July 15 (IANS) German automotive major Continental AG has set up a greenfield plant in India's IT hub to manufacture electronic components for the burgeoning automobile market in the sub-continent. Located ...

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Daimler Hero to roll out vehicles in Tamil Nadu

July 7th, 2008 - 7:33 pm ICT by IANS -
Chennai, July 7 (IANS) Daimler Hero Motor Corp, a joint venture floated by German auto major Daimler AG and Indian two-wheeler giant Hero group, Monday signed an agreement with the state government ...

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Daimler Hero to roll out vehicles in Tamil Nadu (Lead with corrections)

July 7th, 2008 - 7:29 pm ICT by IANS -
Chennai, July 7 (IANS) Daimler Hero Commercial Vehicles Ltd, a joint venture floated by German auto major Daimler AG and Indian two-wheeler giant Hero group, Monday signed an agreement with the state ...

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Ashok Leyland sales up 9.7 percent in June

July 3rd, 2008 - 9:02 pm ICT by IANS -
Chennai, July 3 (IANS) India's second largest commercial vehicle manufacturerAshok Leyland has posted a 9.7 percent increase in volumes in June 2008 as compared to the corresponding period last year. Last month, ...

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Ashok Leyland’s new firm to develop eco-friendly engines

June 19th, 2008 - 7:16 pm ICT by IANS -
Chennai/Mumbai June 19 (IANS) Hinduja Group flagship and the country's second largest commercial vehicle manufacturer Ashok Leyland Thursday announced the formation of a new company - Albonair in Dortmund, Germany - that ...

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Ashok Leyland plans Rs.30 bn investment for expansion

June 17th, 2008 - 11:10 pm ICT by IANS -
Mumbai, June 17 (IANS) Commercial vehicles manufacturer Ashok Leyland (AL) Tuesday said the company would invest around Rs.30 billion ($714.3 million) in the next three years for its capacity expansion. On the ...

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Ashok Leyland posts marginal growth in net profit

May 8th, 2008 - 9:58 pm ICT by admin -
Chennai, May 8 (IANS) Commercial vehicle manufacturer Ashok Leyland Thursday announced that the company posted a net profit of Rs.4.69 billion ($117.3 million) for 2007-08 as compared to Rs.4.41 billion the previous ...

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Hinduja Foundries is back in dividend list

May 6th, 2008 - 10:07 pm ICT by admin -
Chennai, May 6 (IANS) Hinduja Foundries Limited, formerly known as Ennore Foundries Limited, will pay equity dividend after a gap of 10 years. "The board has proposed 20 percent dividend for the ...

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Gujarat emerging as export hub for auto majors

May 3rd, 2008 - 11:37 am ICT by admin -
By P.S. Anantharaman Ahmedabad, May 3 (IANS) Gujarat is poised to become a major auto export hub in the country with several vehicle manufacturers coming to the state to invest in its ports ...

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Excise cuts could make cars, two-wheelers cheaper

Excise cuts could make cars, two-wheelers cheaper

February 29th, 2008 - 3:22 pm ICT by admin -
Chennai, Feb 29 (IANS) Cars and two-wheelers are expected to become cheaper with Finance Minister P. Chidambaram Friday giving handsome excise concessions to the Indian automotive industry in his budget for 2008-09. ...

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Indian business delegation to visit Iran

February 20th, 2008 - 7:04 pm ICT by admin -
New Delhi, Feb 20 (IANS) A 12-member business delegation of the Confederation of Indian Industry (CII) leaves for Tehran Saturday, both on a fact-finding mission and to forge better business relations with ...

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Czech Foreign Minister to begin 4-day India visit from Nov 18

November 16th, 2007 - 9:41 pm ICT by admin -
New Delhi, Nov 16 (ANI): The Foreign Minister of the Czech Republic, Karel Schwarzenberg, will arrive here on Sunday on a four-day visit during which the leader will hold discussions with his ...

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