India Seeks Closer Ties With Nigeria As Trade Volume Hits $14b

India Seeks Closer Ties With Nigeria As Trade Volume Hits $14b

India has expressed its readiness to deepen economic ties with Nigeria as part of measures to promote investment and trade between both countries. Speaking on Friday during a courtesy visit to Kano State Governor, Abdullahi Ganduje,  High Commissioner of India to Nigeria, Amb. Abhay Thakur,  explained&nb...
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India Records 77,266 New Coronavirus Cases, 1,057 Deaths In One Day

India Records 77,266 New Coronavirus Cases, 1,057 Deaths In One Day

India’s COVID-19 tally reached 3,387,500 and deaths reached 61,529 on Friday, showed the latest data released by the Federal Health Ministry. As many as 77,266 new COVID-19 cases and 1,057 deaths were recorded in the past 24 hours. Still, there...
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Vikram Pawah To Lead BMW In India, Australia, New Zealand

Vikram Pawah To Lead BMW In India, Australia, New Zealand

BMW Group India has appointed Vikram Pawah as the President, effective from 1st August 2020. He will also continue in his present role of CEO of BMW Group Australia and New Zealand.Vikram Pawah has been with luxury car giant since 2017 and he...
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Nigeria, India Sign MoU On Sugar Institute

Nigeria, India Sign MoU On Sugar Institute

The National Sugar Institute (NSI) of India and the National Sugar Development Council (NSDC), on Wednesday signed an Memorandum of Understanding (MoU) for the establishment of a Sugar Institute in Nigeria. The MoU was signed by the Executive Secretary of...
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Kia Unveils New Plant In India, Employs 3,000 Workers

Kia Unveils New Plant In India, Employs 3,000 Workers

Kia Motors on Thursday inaugurated car manufacturing facility at Anantapuramu in Indian. The ceremony was performed by Chief Minister, Y S Jagan Mohan Reddy and accompanied by Kia’s top executives.  According to agency reports, the Chief Minister we...
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Honda Records 50 Per Cent Drop In Sales

Honda Records 50 Per Cent Drop In Sales

Honda Cars India Limited (HCIL) has reported 50.33 per cent decline in domestic sales to 6,459 units in November as against 13,006 units in the same month last year.“Our sales numbers are better than our plan for the month,” HCIL...
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Bridgestone To Merge Operations In Africa, India, Others

Bridgestone To Merge Operations In Africa, India, Others

Bridgestone Tyre is to merge its India business with Europe, Middle-East and Africa (EMEA) block with effect from 2020.  According to the company, the move is aimed at unlocking untapped potential in both India and EMEA.  The integration of India...
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Kia Joins Top Five Carmakers

Kia Joins Top Five Carmakers

South Korean carmaker,  Kia Motors, which started its operations in India in August, has joined the list of top five carmakers  in the country in terms of market share, leaving behind established players such as Toyota Kirloskar Motors and Honda...
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India Records 12% Increase In Tyre Exports

India Records 12% Increase In Tyre Exports

The Automotive Tyre Manufacturers Association (ATMA) on Thursday  revealed that Tyre exports from India increased by 12% in volume between April-August 2019.  The India tyre exports hit double-digit growth between 2016-2017 when it increased by 16%. ...
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Ashok Leyland MD Resigns, Shares Down By Eight Per Cent

Ashok Leyland MD Resigns, Shares Down By Eight Per Cent

Citing personal reasons, the Managing Director and Chief Executive Officer of commercial vehicle manufacturer, Ashok Leyland, Vinod K. Dasari has resigned. The resignation which takes effect March 31, 2019, was announced on Wednesday. He will be suceeded by ...
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First LNG Cargo From United States Arrives In Indian

First LNG Cargo From United States Arrives In Indian

India has received its first LNG cargo from the United States, gas utility company GAIL said. The Denmark-flagged Meridian Spirit carrying 120,000 tons of cargo docked at Dabhol on March 30, 2018. GAIL hired the ship in September 2017 to...
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Ford to partner Mahindra on electric vehicles in India

Ford to partner Mahindra on electric vehicles in India

Ford Motor Company and its Indian partner Mahindra & Mahindra Ltd. could create their own electric car line in the country to help battle pollution from the vehicles clogging India’s roads, Chairman Anand Mahindra said.  Mahindra & Mahindra, which ...
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India to construct LNG import terminal

India to construct LNG import terminal

India has taken a step toward increasing seaborne imports of liquefied natural gas (LNG) as the country held a ground breaking ceremony for the construction of an LNG terminal in Bhadrak. Officials informed that cargoes carried from the US, Canada...
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Climate Change: India vows to go beyond Paris accord

Climate Change: India vows to go beyond Paris accord

   (BBC) Indian Prime Minister Narendra Modi has vowed his country will go “above and beyond” the 2015 Paris accord on combating climate change. Speaking at a news conference with French President Emmanuel Macron, Mr Modi described the agreement ...
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