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Mini Kapoor

Briefly Business: Toyota to recall 8,700 units of Altis, Camry

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Toyota to recall 8,700 units of Altis, Camry

New delhi: Toyota on Wednesday said it will recall 8,700 units of its premium sedan Corolla Altis and Camry in India to rectify faulty power window switches as part of a global exercise. The firm is recalling 7.43 million vehicles globally.

IFFCO signs pact for $1.2-bn Canada unit

new delhi: IFFCO has said it has singed an agreement with Canada-based La Coop federee to set up a urea plant in Quebec province with an investment of $1.2 billion in the next two years.

L&T Finance acquires Indo Pacific Housing

new delhi: L&T Finance Holdings Limited, the NBFC arm of Larsen & Toubro, on Wednesday said it has successfully completed the acquisition of Indo Pacific Housing Finance Limited for Rs 110 crore.

Ikea may create new product range

New Delhi: Swedish retailer Ikea has said it is considering to create a new product range for the Indian customers.

'Emerging mkts slip, India a tad better'

New Delhi: Economic growth in emerging market economies slowed in the July-September quarter, but India expanded more than China, as per the HSBC Emerging Markets Index.

Hyundai to increase car prices

New Delhi: Hyundai India on Wednesday said it will increase prices of all its models.

Reebok case: 7 more arrested

Seven more people were arrested on Tuesday in connection with the alleged Rs 870 crore Reebok India scam. The special investigation team (SIT) probing the issue had earlier arrested five people including former Reebok India MD Subhinder Singh Prem and ex-COO Vishnu Bhagat.

A senior official said that the seven accused — Nikhil Upadhay, Anand Aggarwal, Lalit Marwaha, Vikas Uppal, Samyavart Mukherjee, Manish Marwaha and Kapil Aggarwal —were produced in a city court which sent them to 14 days judicial custody.

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