Tata Motors cuts sales, production targets for JLR in China

MUMBAI/NEW DELHI (Reuters) – Tata Motors Ltd <TAMO.NS> has cut prices, sales and production targets at its luxury Jaguar Land Rover (JLR) arm in China, a top executive said, as it struggles with high inventories in a slowing market. [google_ad_728_90_text] Economic growth in China, the world’s biggest car market, has slowed to a 25 year […]

Foxconn plans $5 billion investment over 5 years in Maharashtra facility

MUMBAI (Reuters) – Taiwan’s Foxconn, the world’s largest contract electronics manufacturer and a key supplier to Apple Inc <AAPL.O>, on Saturday signed a pact with Maharashtra to invest $5 billion over five years on a new electronics manufacturing facility. [google_ad_728_90_text] The announcement was made by Foxconn founder Terry Gou and Maharashtra Chief Minister Devendra Fadnavis […]

New governors of Bihar, Himachal appointed

New Delhi, Aug 8 (IANS) President Pranab Mukherjee on Saturday appointed Ram Nath Kovind and Acharya Dev Vrat as the governors of Bihar and Himachal Pradesh respectively, an official statement said. [google_ad_728_90_text] West Bengal Governor Kesri Nath Tripathi and Rajasthan Governor Kalyan Singh presently hold additional charge of Bihar and Himachal Pradesh respectively.   Kovind, […]

Journalists’ bodies condemn notices to TV channels on Yakub hanging

New Delhi, August 8 (IANS): Six journalists’ bodies have condemned the information and broadcasting ministry for its show-cause notice to TV channels over coverage of Yakub Memon’s hanging, saying it is an attempt to intimidate the media. [google_ad_728_90_text] The organisations, including the Press Club of India and the Indian Women’s Press Corps, condemned the notice […]

SC declines PIL for having women in State cabinets

New Delhi, Aug 7 (PTI): The Supreme Court today declined to entertain a PIL questioning non-inclusion of women MLAs in council of ministers in some states, saying any interference of judiciary in such a matter would amount to “over stepping its own steps”.  “Can we compel the legislatures. Can we say it is desirable for […]

India, Pakistan talks face new hurdles as expectations diverge

India, Pakistan talks face new hurdles as expectations diverge

NEW DELHI/ISLAMABAD, Aug 7 (Reuters) – India plans to present Pakistan with a dossier of evidence of its involvement in militant attacks when officials from the two countries meet this month, which could jeopardize the rivals’ first attempt in months to restart talks. [google_ad_728_90_text] Interviews with Indian and Pakistani officials show that the nuclear-armed neighbours, […]

Can’t ask PM or CMs to have women ministers, says SC

New Delhi, Aug 7 (IANS) The Supreme Court on Friday declined a plea seeking direction to chief ministers of seven states to consider inducting women in their council of ministers in conformity with the fundamental right to equality and against discrimination, saying it couldn’t ask the prime minister or any chief minister to do so […]

India must improve ease of doing business: American expert

Kolkata, Aug 7 (IANS) Observing that the US had a very large role to play towards India’s quest for FDI, an American expert said on friday that the country needed to focus on improving the ease of doing business to attract foreign investments.   Speaking at an event here, Raymond Vickery, Jr., a leading advisor […]

‘Weather terror’ scares tourists away from Kashmir

‘Weather terror’ scares tourists away from Kashmir

SRINAGAR, India , Aug 8 (Thomson Reuters Foundation) – A series of cloudbursts, landslides and flood alerts in Kashmir – a combination of extreme events dubbed “weather terror” by local business people – has caused tourist arrivals to drop 60 percent so far this year, and things may get worse.   Kashmir, whose stunning Himalayan […]

Modi asks actors, youths to promote handloom

Chennai, Aug 7 (IANS) Prime Minister Narendra Modi on Friday urged movie stars, youths and others to use handloom products to give a much needed boost to the sector. [google_ad_728_90_text] “If movie actors decide to use only handloom and handicraft products in one out of their five movies, then those movies will automatically attract good […]

Bharti Airtel to expand 4G ahead of Reliance launch

Bharti Airtel to expand 4G ahead of Reliance launch

GURGAON, Aug 6 (Reuters) – India’s top cellular carrier Bharti Airtel Ltd <BRTI.NS> is expanding its fourth-generation (4G) mobile phone services to cover nearly 300 towns in the coming weeks, ahead of a launch by a formidable newcomer. [google_ad_728_90_text] Mobile phone carriers in India, the world’s second-biggest market by number of customers, have spent billions […]