Top 10 biz headlines: Divided house at RBI, govt may abolish DDT, and more

From Hines Real Estate to takeover norms for unlisted firms, here are the top 10 business headlines for the day

Global carmakers set to firm up India strategy amid auto sales slump

The worst slump in car sales in two decades has not discouraged global carmakers from entering the Indian market. Two years after SAIC-owned MG Motors and Hyundai’s affiliate Kia Motors established a presence here and tasted reasonable success, a clutch of automakers from China such as Great Wall Motors, FAW Haima Automobile, and Changan Automobile are set to firm up their India strategy. Read more.

Hines Real Estate in talks with GIC, CapitaLand to sell Mumbai property

Singaporean sovereign fund GIC, CapitaLand (from the same country), and others