Wednesday, April 20, 2011

Luxury Carmakers Eye India’s Super-Rich

Fiat India pumps in R150-cr equity to make up for mounting losses
Mounting losses has led Fiat India Automobiles Ltd, a 50:50 joint venture between Italy's Fiat SpA and Tata Motors, to pump in an additional R150 crore by issuing fresh shares.

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ADB to provide $150 mn to help India scale up solar power use
New Delhi, Apr 19 (PTI) In a bid to diversify India''s energy mix towards renewable sources, the Asian Development Bank (ADB) will provide up to USD 150

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