Carmakers have launched more than a dozen vehicles in the past year but not everyone has been able to get the pricing right. Pricing strategy is becoming trickier as the market gets crowded with more car models. The first major pricing error was made by market leader Maruti Suzuki when it launched its first crossover the S Cross last August. Read More

Congress Vice-President Rahul Gandhi made significant gains in a couple of real estate transactions between 2005 and 2010. The member of Parliament purchased two shops in MGF Metropolitan mall in Delhi’s Saket area during the tenure of the first United Progressive Alliance government and sold it during the term of UPA-II at thrice the cost price, records reviewed by Business Read More

Maruti Ignis is the next micro SUV. This will be smaller than the Vitara Brezza and will be the entry-level car to the Nexa Range. Maruti had showcased it at the 2016 Auto Expo. This will open up an entirely new segment that will help the company to enhance its sales. Here is a detailed preview of this new compact Read More

Hyundai Motor India on Tuesday launched an automatic variant of its premium hatchback Elite i20 priced at Rs 9.01 lakh (ex-showroom Delhi). The new variant comes with 1.4 litre petrol engine with four speed automatic transmission besides additional safety features like six airbags, speed sensing auto door lock and height adjustable front seat belts. “The Hyundai i20 is super performer Read More

Wholesale inflation soared to a two-year high of 3.74 per cent in August mainly on account of uptick in prices of pulses and some manufactured items, prompting the industry to step up its demand for structural reforms to deal with the price situation. Experts, however, attributed the rise in WPI inflation during the month to low base effect saying it Read More

Earlier this month, the Indian arm of the $52.5-billion Walt Disney Company announced it was giving up on the Indian film business. “Given the challenges with the current economic model for investing in the local film industry, we intend to shift the focus of our film strategy to driving our Hollywood movie slate in India,” a Disney India spokesperson said. Read More

Thomas Flohr (above, centre) is nothing like what I expected. After reading a piece on him and his multi-million-dollar Swiss home in St Moritz in a New York Times supplement, I had expected to meet a flamboyant, flashy, real-life James Bond, enmeshed in a life of women, fast cars and fancy airplanes. We are meeting for tea, but there’s no Read More

Among the many factors influencing the way real estate is developed, transacted and used in India, there are five big major emerging trends that have both real-time and long-term significance. Co-working spaces finding favour With the growing start-up ecosystem across India and the central government creating an enabling environment for entrepreneurship, demand for office spaces matching such firms’ requirements has Read More

Tata Group will reach out more to consumers and tap digital opportunity to build upon the ‘foundation inherited’ by the company for the next 150 years, Tata Sons chairman Cyrus Mistry has said. Ratan Tata was deeply involved in promoting a technology-oriented culture in the group. “The group chief technology officer’s role is to evangelise innovation within different group companies; Read More

Anil Ambani-led Reliance Communications today agreed to merge its wireless telecom business with smaller rival Aircel to create the country’s 4th-biggest mobile phone operator with asset base of more than Rs 65,000 crore (Rs 650 billion). In the largest consolidation in the country’s telecom sector, RCom and Aircel’s majority owner, Malaysia’s Maxis Communications Berhad (MCB), announced signing of definitive documents Read More