Mahindra plans to steal the SUV thunder with XUV700

A new XUV, a new logo, and a big bang at the launch! Mahindra revealed its keenly-awaited XUV700 in Chennai on Saturday. Boasting an unmissable presence, a tough yet sophisticated driving experience, a spirited performance, world-class safety and sci-fi-like technology, the…

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Why are the Rich Leaving India?

‘For HNIs, shifting economic activities outside India by creating regional hubs for businesses is a better option.’Ashley Coutinho reports. Wealthy Indians are increasingly domiciling their families and businesses overseas for better investment opportunities, wealth preservation, lifestyle, and health care. Some…

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IRCTC, BHEL in talks for a JV to run private trains

The ministry of Railways has received bids from both private and public sectors to operate 29 pairs of trains with around 40 modern rakes, entailing an investment of around Rs 7,200 crore. Indian Railway Catering and Tourism Corporation (IRCTC) and…

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Vijay Mallya declared bankrupt by UK court

A British court on Monday granted a bankruptcy order against Vijay Mallya, paving the way for a consortium of Indian banks led by the State Bank of India (SBI) to pursue a worldwide freezing order to seek repayment of debt…

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Why ONGC is grappling with existential crisis

While India’s dependence on imported oil and gas is rising steadily, the country’s premier exploration conglomerate’s share of domestic natural gas production is less than 80 per cent, that of oil is far lower at 66.3 per cent. It is…

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