July IIP sees slower YoY growth at 11.5% as low base effect wears off
As the low base effect slowly wears off, industrial production in India expanded by 11.5 percent year-on-year (YoY) in July, down from 13.6 percent in June. Measured by the Index…
Ford Motor to close manufacturing plants in India after $2 billion loss
American auto major Ford Motor Company on September 9 said it’s “forced” to finish manufacturing operations in India and shut plants at Sanand and Chennai, thanks to “huge accumulated losses…
In Battle With Amazon For Future Group, Reliance Scores In Supreme
In a major relief to Future Group, the Supreme Court on Thursday halted seizure of assets owned by Future Coupons, Future Retail and Future Group promoter Kishore Biyani. A single…