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Corporate News
The board of Maruti Suzuki, India's largest passenger carmaker has just cleared a proposal to start manufacturing light commercial vehicles (LCV). Senior Maruti Suzuki executives communicated this decision at an offsite with its vendors in Malaysia last week. (ET
Several Indian IT services companies, including HCL Technologies, Mahindra Satyam and Infosys as well as engineering conglomerate L&T, have bid for the services business of Chennai-based software firm
Highway developer IRB Infrastructure received a board approval to raise as much as Rs 5bn through private placement. (BS)
he law ministry has rejected the proposal to defer premium payments for distressed highway developers such as GVK and GMR. The road ministry will now either put up the projects for re-bidding or substitute