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Compact car segment sales growth in India
2015-03-28 22:01:23| Auto Dealers - Topix.net
Ford Figo Aspire ain't just a new car offering in India but it also lets Ford enter a competitive compact sedan car segment. Compact car segment sales accounted for 45 percent of Indian auto market sales in 2014.
Abn Amro Returns to India
2015-03-27 02:02:00| Jewelry - Topix.net
Global Banking News: ABN AMRO Bank plans to return to India's banking space. The bank will focus on financing the gem and jewelry industry once it is approved to operate in the nation.
Ford to triple exports from India with new US$1 billion plant
2015-03-27 01:48:41| Automakers - Topix.net
Ford Motor Co plans to triple exports from India with a US$1 billion plant that will be one of its most heavily automated in Asia, offsetting slower sales inside the country with a push to sell more local production abroad. Ford cars are assembled at a plant of Ford India in Chengalpattu in the outskirts of southern city of Chennai March 5, 2012.
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Ford aims to triple exports from India with $1 billion plant
2015-03-26 09:21:30| Automakers - Topix.net
Ford Motor Co has invested $1 billion in a new plant in western India which will help the automaker triple exports from the country, chief executive Mark Fields told reporters on Thursday. Ford plans to make India an export hub for compact cars such as the EcoSport, a sub-four meter sports utility vehicle, and the newly launched compact sedan, Ford Figo Aspire, the first car to be produced at the new facility.
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India raises INR 1.1 trillion in 19-day spectrum auction
2015-03-26 08:10:00| Telecompaper Headlines
(Telecompaper) The Indian government received provisional bids worth almost INR 1.10 trillion (approximately USD 17.6 billion) at the end of 110 rounds of bidding in the latest spectrum auction, the telecom minister Ravi Shankar Prasad said. The government initially expected to raise around INR 820 billion in this spectrum auction. The government did not disclose winning bidders and the regions in which they had won spectrum, but the country's top operators -- Bharti Airtel, Vodafone India and Idea Cellular -- are expected to have bought the major chunk of the 20-year licences on offer, Reuters reports. Eight mobile operators bid for a total of 465 MHz of spectrum across four bands. The government offered 103.75 MHz in the 800 MHz band, 177.8 MHz in the 900 MHz band, 99.2 MHz in the 1,800 MHz band and 85 MHz in the 2,100 MHz band.
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