Volvo sees rising competition in luxury bus segment

Last month, Volvo AB Chief Executive Olof Pearson announced an investment of Rs 2,000 crore (Rs 20 billion) for its bus division in India. Pearson had enough reasons to be pleased with his top team......

Eicher Motors shareholders refuse to re-appoint Siddhartha Lal as MD

Eicher Motors' shareholders in its recently held annual general meeting (AGM) have rejected a proposal for re-appointment of Siddhartha Lal as the company's managing director for a period of five......

Eicher Motors' CEO on the Volvo deal

The story of the Eicher group, promoted by the Delhi-based Lal family, may some day make a case study, not least for its agility in coping with the changing reality of doing business in India. In......

Why aren't Indian cars as safe as foreign ones?

India wasn't applying widespread crash testing like foreign countries do, so manufacturers didn't see the need for an investment focus on safety. Customers rarely walked into showrooms asking for......