Toyota to buy 13 mn air-bag inflators from Takata rival
Toyota Motor Corp, in a bid to reduce its risk from potentially lethal air-bag inflators supplied by Takata Corp, will buy millions of them from smaller parts maker Nippon Kayaku Co, people familiar with the matter said. The Japanese carmaker asked the second-tier supplier last month to increase... read more »
Volkswagen India shipments to Mexico cross 1-lakh units
Carmaker Volkswagen India on Wednesday said it has crossed a milestone of exporting one lakh cars to Mexico in less than two years of starting shipments. Volkswagen India shipped its 1,00,000th car built for Mexico today, the company said in a statement. “The production facility of Volkswagen... read more »
Infosys up 1.5%, Aikido to help achieve $20bn revenue
Shares of Infosys gained 1.5 percent intraday Friday in an otherwise weak market. Sharp fall in rupee and launch of three new service offerings on Thursday drove the stock higher. The country’s largest software services exporter launched Aikido, three next-generation services in design... read more »
Ashwani Lohani is a railway man and tourism veteran; can he pull Air India ...
New Delhi: Ashwani Lohani has been featured in the Limca Book of Records in 2007 for holding four different engineering degrees. With his appointment as the chairman and managing director of Air India succeeding Rohit Nandan, he may well get to create some new records in the aviation industry.The... read more »