COMPANIES

Munjals to buy Honda's stake for $1 bln

 Honda Siel to recall 57,853 units in India for faulty engine
The owner of Hero Group is set to buy Honda Motor's 26% stake in joint venture Hero Honda for about USD 1 billion rupees or half the current market value.

Legal sector struggling, reports suggest

Coroner rules Wang Xiaopeng was justified in his actions for killing burglar who was assaulting his wife
A significant drop in jobs in the legal sector over the past two months and a sluggish rise in billing rates in 2010 indicate that law firms are still struggling to overcome the economic slowdown.
More news
Nissan India increases Micra prices by 2 pct

Nissan India launches Diesel variant of Micra

The Indian unit of Japan based leading car maker Nissan Motors has launched the diesel variant of its compact hatchback Micra in the Indian market. The new model has been put in the price bracket of Rs 5.59 lakh to Rs 6.05 lakh (ex-showroom Delhi).
IBTimes Logo

Nissan, Mitsubishi to share electric vehicle chargers

Nissan Motor and Mitsubishi Motors Co will allow drivers of their electric vehicles to share battery chargers at their 2,900 dealerships nationwide in a bid to increase the popularity and convenience of the eco-friendly cars, report said.
New homes in the Library Commons development are shown in Boca Raton

U.S. homes have lost $9-trillion in value since market peak

The value of U.S. homes is expected to decline by more than $1.7 trillion during 2010, following a drop of more than $1 trillion in 2009, according to data from Zillow Real Estate Market Reports. Since the market peak of June 2006, U.S. housing has lost $9-trillion in value.
GE researchers demonstrate electric bus of the future

GE close to bringing out 'Electric Bus of the Future'

General Electric (GE) is very close to bringing out the 'Electric Bus of the Future', which is mooted to be cost-effective solution for electrification of buses, delivery trucks, off-highway vehicles and other heavy-duty vehicles.
IBTimes Logo

Salesforce acquires Heroku; ramps up platform-as-a-service offering

Salesforce is on the roll as the enterprise cloud-computing company announced that it has acquired Heroku, a company that offers Ruby platform-as-a-service (PaaS), for $212 million cash, just a day after releasing Database.com, the first cloud-based enterprise database.
IBTimes Logo

India Nov car sales up 20.79 pct

The Indian domestic passenger car sales jumped by 20.79 percent to 161,497 units in November, compared to 133,703 units during the same period year ago, according to data released by Society of Indian Automobile Manufacturers.
IBTimes Logo

Carillion sees annual revenue fall on tough UK trading

British building and support services firm Carillion Plc expects annual revenue to be lower than last year's $5.4 billion pounds, citing the reduction in UK construction, the sale of non-core business and equity investments in Public Private Partnership projects.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.