Rising costs threaten India's auto growth New Delhi, 8 Jan (ANI): According to the findings of a survey released on January 8th, by a consultancy firm, KMPG, rising production costs and dilapidated infrastructure is threatening the fast growth of Indian auto industry. Rising labour costs seem to be a cause of worry among the firms as a talent shortage drives up pay and staff turnover in an economy. India's automotive industry, which produces 1.5 million vehicles annually, is worth 34 billion dollars a year and contributes five percent of India's gross domestic product.
Asia stocks rebounded on Tuesday with investors buying into recently beaten down shares such as Korea's Samsung Electronics. Japan's Nikkei ended 1.5 percent (13,893) after a sharp sell off in the...
Asia stocks rebounded on Tuesday with investors buying into recently beaten down shares such as Korea's Samsung Electronics. Japan's Nikkei ended 1.5 percent (13,893) after a sharp sell off in the...
The apparent lack of a pan-European approach to the financial crisis hit shares sharply in afternoon trade. The FTSEurofirst 300 was down over 7 percent, the lowest level in four years and things...
The summer is supposed to be a time of high flying for the airlines -- but this year sky-high jet fuel costs have clipped the industry's wings. AMR, parent of American Airlines, the nation's...
The summer is supposed to be a time of high flying for the airlines -- but this year sky-high jet fuel costs have clipped the industry's wings. AMR, parent of American Airlines, the nation's...
After more than two decades in the international banking doldrums, Japan is back. Japan's Nomura has agreed to buy Lehman Brothers' equities and investment banking business in Europe and the...
After more than two decades in the international banking doldrums, Japan is back. Japan's Nomura Holdings is to pay up to $525 million for Lehman's Asia Pacific franchise and is front-runner to...
TiVo, the popular U.S. television-recording device, is finally arriving in Canada in early December. - The TiVo set-top device, which allows viewers to record shows and skip commercials,...
Asia stocks largely gained on Thursday with investors gaining confidence following solid business spending data out of the United States. Japan's Nikkei rose 3 percent (14,124) its best daily gain...
Asia stocks ended the week on a high note with investors soothed by signs of bigger than expected economic growth figures in the United States. Exporters such as Toyota were among the top gainers....
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