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April 2: HSBC names India CEO

  • April 2: HSBC names India CEO

    April 2: HSBC names India CEO

  • March auto sales

    Employees work inside the newly inaugurated plant for the Tata Nano car at Sanand in Gujarat

    Maruti Suzuki today reported highest ever monthly sales jump 3.28% in March at 125,952 units.

    Suzuki Motorcycle today reported a 28.50% growth in March sales at 35,158 units.

    Hyundai Motor today reported 6.62% increase in total sales in March at 59,229 units.

    TVS Motor Company today reported a 4.48% fall in sales for March at 1,82,527 units.

    General Motors today posted 12.75% increase in sales in March this year at 10,588 units.

  • Mallya assures payments

    Kingfisher Airlines Chairman Vijay Mallya speaks with the media after his meeting with Director General of Civil Aviation EK Bharat Bhushan in New Delhi

    Kingfisher will resume payment of staff salaries starting from this week after tax authorities unfroze its bank accounts, the airline's chairman and managing director, Vijay Mallya, said in a letter to employees.

    "All junior staff will be paid before Easter i.e. on Wednesday April 4th. All pilots and engineers will be paid on Monday April 9th and Tuesday April 10th," Mallya told employees.

  • Exports up 4%, imports rise 21%

    A worker climbs a container to release the crane clamp after it was loaded onto a supply truck at Thar Dry Port in Sanand

    Exports grew an annual 4.3% to $24.6 bn in February, while imports rose 20.7% to $39.8 bn, government data showed on Monday.

    Trade deficit widened to $15.2 bn during the month from $14.8 bn in January, while exports between April and February grew 21.4% to $267.4 bn.

  • Myanmar's Suu Kyi hails victory

    Tourists celebrate as election results are shown on the screen in front of Myanmar's pro-democracy leader Aung San Suu Kyi's National League for Democracy (NLD) head office in Yangon

    Myanmar opposition leader Aung San Suu Kyi hailed a "victory of the people" after her National League for Democracy (NLD) party declared she had won a seat in parliament for the first time.

    If confirmed, the win would mark a dramatic reversal in the political fortunes of the veteran activist, who was locked up by the former junta for most of the past 22 years. Official results were expected within a week.

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