Faisal Shahzad, the Pakistani-American arrested for the failed Times Square bombing, carefully selected his location as a highly populated target and intended to strike again if he was not caught the first time, prosecutors have said.
Mohammad Younis, an immigrant from Pakistan living in the United States, has been charged for providing money to Faisal Shahzad, who has pleaded guilty for trying to blow up part of Times Square in May this year. Younis, who lives in Long Island, allegedly gave thousands of dollars to Shahzad as part of a 'hawala' money transfer from Pakistan. However, Younis, 44, was unaware that money would be used in a terror plot.
According to figures released by the Society of Indian Automobile Manufacturers, passenger car exports in August were at 37,952 units, as against 40,901 units in the same month last year.
By all accounts, the car industry in India is about to acquire serious scale, as new car plants start dotting the maps of Maharashtra, Tamil Nadu, Haryana, Gujarat and Uttaranchal.
This is the second acquisition abroad by Motherson Sumi within a little more than two years.
PepsiCo chairman and chief executive officer Indra Nooyi, who has been speculated to be among the possible candidates to succeed Ratan Tata as chairman of the Tata Group, has ruled herself out of the race, saying she "loves" her present job.
Another person on Indian origin, PepsiCo chairman and chief executive officer Indra Nooyi, is already a member of the WEF Foundation Board.
French car maker Renault on Thursday said it is developing a car which will be designed to meet the requirements of the Indian market and is expected to be introduced after 2013.
Have committed themselves to investing Rs 1,85,000 crore since last year.
Nissan, Japan's fourth-largest car manufacturer, sells MSIL's A-Star as Pixo, an entry-level car, in Europe.
A group spokesperson declined to comment on the size of the forthcoming deal. The market capitalisation of the company is $400 million (Rs 1,840 crore).
The final blueprint of the multi-crore global tie-up between Volkswagen and Suzuki Motor Corporation has started to unfold, with Maruti Suzuki looking at becoming an original equipment maker in cars for the German automaker for markets outside India.
Faisal Shahzad, the man behind the failed Times Square bombing plot, is seen in a new video footage along with Pakistani Taliban leader Hakimullah Mehsud, with the two shaking hands and hugging each other. After his arrest, the Pakistani American had claimed that he had met Mehsud and a host of other radical leaders, but investigators had then said they were yet to verify his claims. The video that has emerged shows a man who appears to be Shahzad shaking hands with Mehsud.
French carmaker Renault would launch its first sedan -- Influence -- in India by 2011, a top company official said on Wednesday.
While Bajaj will be responsible for developing and manufacturing the car, Renault-Nissan will brand, market and sell it for both the Indian and overseas markets.
The new coalition government headed by prime minister David Cameron is determined to have 'very good relations' with India's Tata Group, owners of Jaguar Land Rover and Corus, British business secretary Vince Cable said on Thursday.
Chennai is home to global and Indian auto majors like BMW, Ford, Hyundai, Mitsubishi, Nissan, Ashok Leyland, TVS Group, et cetera. It also has almost 35 per cent of India's share of auto ancillary units.
Singing a different tune than its foreign partners, Bajaj Auto on Friday said it will launch a four-wheeler commercial vehicle in mid-2012 from the ultra-low cost car (ULC) platform, which was originally planned to roll out a car with Franco-Japanese alliance Renault-Nissan.
Pakistani-American terror suspect Faisal Shahzad is expected to enter a plea on Monday as he makes his second appearance in court after being charged with attempted use of a weapon of mass destruction and terrorism.
Terror suspect Faisal Shahzad has been charged with 10 terrorism and weapons counts in the botched Times Square car bombing in an indictment that also accuses him of receiving money and explosives training from Pakistani Taliban.
New partnerships, exchange of technology, mergers and acquisitions are paving way for new launches in the world car market.
Volkswagen started manufacturing operations in India earlier this year at its Chakan plant, rolling out the compact car Polo.
India is increasingly becoming an attractive destination for global auto giants.
Volkswagen Group is planning to launch a crossover Sports Utility vehicle called Volkswagen Rocktan soon in India.
Mahindra & Mahindra's ambitious foray in the United States, a first by an Indian automobile company, is to take place by the year-end, with the launch of a couple of compact diesel-driven, pick-up truck models.
Bangalore-based Toyota Kirloskar Motor Pvt Ltd, a joint venture between Kirloskar Group and Toyota Motor Corporation, has decided to introduce the newly-developed sedan on the Etios platform, ahead of its much-awaited small car.
Botched Time Square bombing plot accused Faisal Shahzad, a Pakistani-origin American, used the hawala system to arrange money in plotting the attack, a CBS News report claimed.
Three Pakistanis were arrested on Thursday in the US after authorities conducted raids on new locations in the Northeast in connection with the failed Times Square car bombing, federal investigators have said. The searches were carried out in Long Island, the Boston suburbs and New Jersey.
Tiger Woods's woes continued on Sunday when he pulled out of the Players Championship after completing six holes of his final round, citing a painful neck.
On April 30, Shahzad drove his white Isuzu from Connecticut through Times Square, where he staked out potential locations for the following night's planned attack, CNN quoted a law enforcement source with knowledge of his questioning as saying.
The ultra low cost car (ULC), which will be competing with Tata Nano, aims to better the mileage of 23.6 km/lt, given by the world's cheapest car from the stable of Tata Motors.
Pakistani-American Faisal Shahzad, the suspected Times Square bomber, attended a terrorist training camp at Waziristan in Pakistan, the Federal Bureau of Investigation has said. In a 10-page compliant file on Tuesday before the Court of Judge Nathaniel Fox, Southern District of New York, the FBI alleged that Shahzad traveled from Connecticut to New York on a sports-utility vehicle that was laden with a bomb.
US authorities have warned that an international connection in the case does not necessarily imply that a big terrorist organisation like Al Qaeda was involved.
The partners have, thus, solved the tricky issue of pricing, which has been widely speculated as the reason for the delay in the project announced in 2008.
Police probing the Times Square car bomb case have zeroed in their search on a white man in his 40s who was seen on surveillance videos shedding his shirt and walking away from the area where the explosive-laden vehicle was found. Over 45 kgs of fertilizer, with fireworks and wires fitted around was found with the bomb, police said, but it was not the ammonium nitrate grade that can explode.
The New York police on Sunday defused a car bomb in the heart of New York's famous tourist hub of Times Square after evacuating thousands of visitors, residents and theatre-goers from the area, averting what could have been a "very deadly event" in the US.
A T-shirt vendor, who was a Vietnam veteran, alerted the police when he noticed smoke coming out of a car at the Times Square.
The study has been conducted by Ernst & Young on behalf of EEPC-India, the apex body of engineering goods exporters.
Mitsubishi Motors, Japan's fourth largest carmaker, is looking to grab a slice of the 1.2 million per year Indian small car market and is mulling the launch of a compact family hatchback over the next three to four years.
General Motors India, the joint venture company of General Motors, US, and Shanghai Automotive Industry Corporation, China, is looking to sell small-capacity engines made from its Maharashtra plant to companies willing to have a sourcing pact with it.
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