ExxonMobil Eyes More Long-Term Gas Supply Deals With India

ExxonMobil Eyes More Long-Term Gas Supply Deals With India

Global energy major ExxonMobil is looking at signing more long-term gas sales deals with India as rising spot prices have added to the appeal of longer duration contracts.“We’re certainly happy to work with our friends and partners in India to sign the kind of...
read more
Hyundai Appoints New MD For India

Hyundai Appoints New MD For India

South Korean auto major, Hyundai Motor Company, on Friday appointed Unsoo Kim as the new Managing Director of its India operations with effect from January 1, 2022.  A statement explained that Unsoo Kim, currently with the parent company in...
read more
Hyundai Motor Distributes Relief Materials To Flood Victims

Hyundai Motor Distributes Relief Materials To Flood Victims

Hyundai Motor through its corporate social responsibility arm,  Hyundai Motor India Foundation has distributed relief materials to flood affected people in Sriperumbudur.    According to the company, Dry rations, bed sheets, mats and t...
read more
India Attributes 3,564 Accidents In 2020 To Potholes

India Attributes 3,564 Accidents In 2020 To Potholes

Not less than 3,564 road accidents occurred in India due to potholes in 2020. The figure is the lowest in the last five years, Parliament was informed on Monday.    In a written reply, Minister of Road Transport and...
read more
Renault India Begins Exports Of Kiger To South Africa

Renault India Begins Exports Of Kiger To South Africa

Renault India division on Monday commenced exports of its sub-4 metre compact SUV Renault KIGER to South Africa.Developed specifically for the Indian market and the Indian customers, before taking it globally, Renault KIGER is the latest ad...
read more
Michelin Announces Price Hike In Africa, India, Middle East

Michelin Announces Price Hike In Africa, India, Middle East

By citybusinessnews@yahoo.com — French tyre maker, Michelin on Tuesday announced that it will increase prices by up to 6 and 8 percent in Africa, India and Middle East region with effect from June 18, 2021.    Under the arrangem...
read more
India Records 300,000 Covid Deaths, 26m Cases As Pandemic Rages

India Records 300,000 Covid Deaths, 26m Cases As Pandemic Rages

The number of deaths linked to Covid-19 in India has moved past the 300,000 mark as the country continues to grapple with the pandemic. Experts warn that the real number of fatalities might be much higher as many deaths are...
read more
India Hospitals Overwhelmed As Covid-19 Spreads From Cities To Small Towns

India Hospitals Overwhelmed As Covid-19 Spreads From Cities To Small Towns

India has reached the devastating figure of 200,000 coronavirus deaths, with the pressure on many hospitals showing no sign of abating amid a surging second wave. According to BBC, the real number of fatalities is thought to be far greater,...
read more
India Hospitals Send SOS As Covid Toll Surges

India Hospitals Send SOS As Covid Toll Surges

Indian hospitals say their patients are dying because of a shortage of oxygen as Covid case numbers and deaths set new records for a third day running. India has recorded nearly a million infections in three days, with 346,786 new...
read more
Tata Increases Stake In Air Asia India To 85 Per Cent

Tata Increases Stake In Air Asia India To 85 Per Cent

Tata Group has increased its stake in AirAsia India as it looks to increase its stake in India’s airline industry.  On Tuesday the company announced it would increase its holdings in the Indian-based joint venture with AirAsia from 51% to...
read more
Report: India’s Economy To Return To Normal Faster Than Expected

Report: India’s Economy To Return To Normal Faster Than Expected

Barclays lifted its fiscal 2022 growth forecast for the Indian economy to 8.5% from an earlier projection of 7%, saying the country would “return to normal” faster than expected as the COVID-19 curve in the world’s second-most populous nat...
read more
COVID-19: India Announces Another Stimulus Package

COVID-19: India Announces Another Stimulus Package

India’s finance minister Nirmala Sitharaman on Thursday announced a stimulus package worth 265,000 crore Indian Rupees (over 35 billion U.S. dollars) to boost the economy, amid slowdown due to the COVID-19 pandemic. The fresh stimulus measures in the form of...
read more
Hyundai Explains New Production Capacity

Hyundai Explains New Production Capacity

Hyundai Motor India is looking at “augmentation of its production capacity” in the next two months.The company, which has hit 98% peak capacity of 7,20,000 units a year or 60,000 units a month, will watch the market till December before taking...
read more
Indian Envoy Harps On Democratic Ties With Nigeria

Indian Envoy Harps On Democratic Ties With Nigeria

The Indian High Commissioner to Nigeria, Mr Abhay Thakur,  has said that unity in diversity is critical to sustain democracy in diverse and populous countries like India and Nigeria.  Thakur made this known on Saturday in Abuja in an event to...
read more