Indian Oil ranks 105 in Fortune Global 500 list

In a befitting acknowledgement of its ever-improving performance, and a crowning glory in its Golden Jubilee Year (1959-2009), Indian Oil Corporation has moved up 11 places, in the just-released Fortune 'Global 500' list of world's largest companies by sales for the year 2009.
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Volvo reduces XC90 SUV prices by up to 8.5 per cent

In a move towards strengthening its foothold and to remain competitive in the country Swedish luxury car maker, Volvo Car India, on 9th July’09, has announced opening of its two new dealerships and revised pricing for its flagship model XC90.
For full story click here : Volvo reduces XC90 SUV prices by up to 8.5 per cent

TRF inks agreement to acquire Sri Lanka-based Dutch Lanka Trailer Manufacturers

TRF, a Tata enterprise and a pioneer a pioneer in solutions for bulk material handling, on 7th July’09, has announced that it has inked an agreement to acquire Dutch Lanka Trailer Manufacturers Limited (DLT), a trailer manufacturing company based in Sri Lanka.
For full story click here : TRF inks agreement to acquire Sri Lanka-based Dutch Lanka Trailer Manufacturers

Fitch Ratings says credit profiles of Indian auto suppliers to remain under pressure

Fitch Ratings, an international credit rating agency dual-headquartered in New York City and London has said that the slowdown in global auto sales, together with India's stagnant market is continuing to affect domestic auto component manufacturers.
For full story click here : Fitch Ratings says credit profiles of Indian auto suppliers to remain under pressure

Volkswagen AG opens its first Group's logistics service facility in Aurangabad

With a view to expand its commitment to the Indian market, Volkswagen Group, on 9th July’09, has launched its first logistics service facility which is provided by Skoda Auto India Private Limited at its Aurangabad plant. On the basis of a facility for Skoda spare parts the expansion to a Volkswagen Group facility for the brands Audi, Skoda and Volkswagen...

For full story click here : Volkswagen AG opens its first Group's logistics service facility in Aurangabad

Jaguar Land Rover wins two CIPD Guardian recruitment advertising awards in London

Jaguar Land Rover has won two CIPD Guardian recruitment advertising awards for ‘Best Campaign’ and ‘Best Written’. Their victorious campaign features car parts designed to look like human body parts and was described by the judges as ‘a clever and stylish campaign’ featuring lovely art direction, well-written copy and a consistent message across various media.

For full story click here : Jaguar Land Rover wins two CIPD Guardian recruitment advertising awards in London

Honda Accord and CR-V get cheaper by Rs. 5,000 following Budget excise duty cuts

Honda Siel Cars India has announced a reduction in the prices of its models - Accord and CR-V by Rs 5,000 and passing the benefit of reduction in specific excise duty to its customers.
For full story click here : Honda Accord and CR-V get cheaper by Rs. 5,000 following Budget excise duty cuts

L&T to exit fuel dispenser biz, Gilbarco Veeder-Root likley to buy it

In its bid to dispose of its non-core business operations, India’s largest engineering firm, Larsen And Toubro Ltd. (L&T) is in the process of selling its fuel dispenser business (which rolls out meter reading machines at fuel stations) to the world’s leading producer of gas pumps and other fuel industry hardware along with point of sale systems to Gilbarco Veeder-Root, for approximately US$ 50 million, reports Live Mint exclusively.
For full story click here : L&T to exit fuel dispenser biz, Gilbarco Veeder-Root likley to buy it

Mitsubishi Cedia's web based 'Great Driving Challenge' gets huge response

Hindustan Motors and Mitsubishi Motors unique marketing initiative ‘Mitsubishi Cedia Sports: The Great Driving Challenge’, has recently been kicked off on www.greatdrivingchallenge.com, which encourages couples to apply online. The three selected couples will go on an all expenses paid challenge in a customised aforesaid model for twelve days.
For full story click here : Mitsubishi Cedia's web based 'Great Driving Challenge' gets huge response