Briefly Business: Honda plans six more facilities by 2020
Top Stories
- Former Ranji player held, Sreesanth and others to be produced in court today
- Li Keqiang pitches for more Chinese investments as he backs trade balance
- All eyes on Narendra Modi as BJP set to discuss strategy for Lok Sabha polls
- SC agrees to hear PIL to stay IPL matches due to spot-fixing
- Monstrous tornado rips through US city of Oklahoma, 90 dead
Honda plans six more facilities by 2020
New delhi: Honda aims to build five to six more two-wheeler units in India by 2019-20, raising its annual production capacity by over three-and-half times to 10 million units.
Mylan to buy SMS Pharma production
New delhi: US generic firm Mylan will buy a part of Hyderabad-based SMS Pharma for Rs 173 crore ($32.50 million).
Hyundai workers to get up to R13K hike
New Delhi: Hyundai Motor India has said it will hike salaries of workers at Chennai plant by up to Rs 13,000 under a three-year wage settlement agreement.
KFA needs to reply to DGCA notice by today
Mumbai: Kingfisher Airlines is running out of time to keep its flying licence intact. Sources in the DGCA said that the airline will need to reply by Friday (October 19) to a show-cause notice sent on October 5 asking the airline why its licence should not be revoked.
Google earnings leak early, stock plunges
NEW YORK: Google's stock plunged suddenly on Thursday afternoon after it released its third-quarter earnings report early, apparently by mistake. The company's stock fell $68.19, or 9 per cent. Google said it earned $2.18 billion during the quarter compared with net income of $2.73 billion last year.
Apple loses appeal against Samsung
london: Apple lost a British court appeal on Thursday against a ruling that Samsung's Galaxy tablet is not "cool" enough to be confused with iPad.
China's growth slows to 7.4 per cent
Beijing: China's economic growth tumbled 7.4 per cent, the lowest in more than three years, in the latest quarter but retail sales and investment improved.
ACC Q3 net jumps 52% to R242 crore
Mumbai: Cement maker ACC — controlled by Holcim of Switzerland — has reported a 51.89 per cent rise in its consolidated net profit during the third quarter at Rs 242 crore.
... contd.
Editors’ Pick
- 'Sophisticated' Indian cyberattacks targeted Pak military sites: Report
- Talkative Li quoted Weber, Hegel, Jobs, said PM is large-hearted
- Bihar food corp ends up with chaff as rice worth Rs 535 cr vanishes from mills
- In 7 lucrative minutes on May 9, Sreesanth bowled 6 balls, bookie made Rs 2.5 cr
- India and China ask border envoys to work on more steps
- Former Ranji player among 3 more held
- Rajasthan Royals to file FIR against tainted trio
- Family of theft accused allege police torture
- IVF breakthrough can triple number of births: Scientists
- After Khalid’s death, Muslim leaders want govt to make Nimesh panel report public
- Meteoroid impact triggers bright flash on the moon
- Cobrapost sting: NABARD chief gives clean chit to co-operative banks




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