Limited choices in strategic partners in defence

The defence ministry has lost sight of what it intended to achieve -- which was to nurture private defence firms that would compete on equal terms with the 9 defence PSUs and the 41 Ordnance......

Mahindra in race to acquire Saab

The deadline for placing an official bid for the Swedish auto manufacturer, Saab Automobile, drew to a close even as trustees said the company's debt position was more than a third of its asset......

Markets plunge to 6-week lows; Sensex tanks 229 points

Markets ended lower on Thursday as investors trimmed positions in equities after declining crude oil prices added to concerns over slowdown in global growth. The Sensex ended 229 points down at......

Check out the Fiat Grande Punto!

Did someone say the world is experiencing an economic slowdown? Judging from the hectic activity in India's automobile sector, it certainly does not seem so. In the last 30 days, the country has......

M&M unlikely to go aggressive

Mahindra & Mahindra (M&M) would not be an aggressive bidder to take over Aston Martin as the valuation was high and would require substantial investment, analysts said on Saturday, reacting to an......