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India auto giant enters PH market

WITH a 140-year Tata heritage (including 69 years in the locomotive and automotive industries) backing him up, Nicky Mariano, himself a 25-year veteran in the Philippine automotive industry, sees bright days ahead for Pilipinas Taj Autogroup.

Tata Motors Ltd., the largest manufacturer in the Indian automotive industry, has formally entered the Philippine market, as the company considers the country to be the perfect platform for future growth and expansion in Southeast Asia.

Posted: April 4th, 2014 in Latest Business Stories | Read More »

Indian businessmen interested in setting up firms in PH


Prospective investors from India are eyeing business opportunities in the Philippines and are interested in setting up their manufacturing facilities here, according to the Department of Trade and Industry.

Posted: March 26th, 2014 in Latest Business Stories | Read More »

Toyota suspends Indian auto production amid labor unrest


Toyota said Monday it has suspended production at its two Indian auto assembly plants in response to threats against management and “deliberate” assembly-line stoppages, following failed efforts to reach a labor deal.

Posted: March 17th, 2014 in Latest Business Stories | Read More »

Foreign business groups seen upbeat on Region 9


Foreign investors are taking renewed interest in the Zamboanga Peninsula, where they are considering tapping business opportunities in power, oil refinery, pharmaceutical, education, knowledge process outsourcing and infrastructure.

Posted: March 7th, 2014 in Headlines | Read More »

Few employers in Asia take measures to lessen stress—survey


Except in China, stress has been ranked as the No.1 lifestyle risk factor—higher than physical inactivity and obesity—by all employers it surveyed in Asia and the Pacific, the professional services company Towers Watson said Wednesday.

Posted: January 29th, 2014 in Latest Business Stories | Read More »

Liar for hire? Fake CVs flood Indian job market

Indian youth checks job application forms at a shop in Hyderabad on February 9, 2012. AFP FILE PHOTO

Managers of an IT company in New Delhi were puzzled as they sifted through a pile of CVs — as many as 30 job seekers claimed to have worked previously for the same employer.

Posted: January 12th, 2014 in Latest Business Stories | Read More »

India’s suffering doubles as economy weakens—poll

An Indian woman drinks water as she sells fruits on a pavement in New Delhi, India, Thursday, Nov. 21, 2013. Higher prices for food and fuel has hit hundreds of millions of poor Indians living on $2 per day particularly hard because they spend roughly half of their income on the staple items. AP

Suffering in India has more than doubled in recent years with one in every four Indians now bearing the brunt of the nation’s sharply weaker economy, a global poll released Wednesday showed.

Posted: November 28th, 2013 in Featured Gallery,Latest Business Stories | Read More »

India launches first mission to Mars

In this Wednesday, Oct. 30, 2013 photo, Central Industrial Security Force (CISF) personnel walk near the Polar Satellite Launch Vehicle (PSLV – C25) at the Satish Dhawan Space Center at Sriharikota, in the southern Indian state of Andhra Pradesh. AP

India on Tuesday launched its first spacecraft bound for Mars, a complex mission that it hopes will demonstrate and advance technologies for space travel.

Posted: November 5th, 2013 in Latest Business Stories,Science and Health | Read More »

Indian firm puts $12M in fertilizer plant


India’s Prathista Industries Ltd. is eyeing to invest an initial $12 million to put up a fertilizer manufacturing plant in the Philippines that will serve demand both here and in the member-countries of the Association of Southeast Asian Nations.

Posted: October 22nd, 2013 in Headlines | Read More »

Emerging markets seen to withstand capital flow reversal

The Philippines prepaid more foreign debts in 2013 than the year before, thus causing its outstanding obligations to non-Filipino creditors to decline. AP FILE PHOTO

Asian emerging markets appear in a much better position to withstand the ongoing reversal of capital flows than during the Asian currency crisis of 1997, according to British bank Barclays.

Posted: September 9th, 2013 in Latest Business Stories | Read More »

General Motors India recalls 4,000 Sail cars

General Motors India is recalling 4,000 diesel-powered Chevrolet Sail cars to fix a faulty engine part, reports said Tuesday.

Posted: September 4th, 2013 in Latest Business Stories | Read More »

Indian rupee hits new record low, stocks dive

An Indian customer counts Indian rupee notes at a foreign currency exchange shop in Bangalore, India, on Aug. 20, 2013. The rupee plunged to a new low, posting one of its sharpest-ever single-day falls, and shares tumbled Tuesday, Aug. 28, on fears about the impact of massive new food subsidies on already strained finances.  AP PHOTO/AIJAZ RAHI

India’s rupee plunged to a new low, posting one of its sharpest-ever single-day falls, and shares tumbled Tuesday on fears about the impact of massive new food subsidies on already strained finances.

Posted: August 28th, 2013 in Latest Business Stories | Read More »



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