Honda Motor Co. reached a basic agreement this week to dissolve its partnership in India's Hero Honda Motors Ltd ), the Nikkei business daily reported.
Foreign institutional investors (FIIs) have received a Rs. 22,000-crore quota for investment in government bonds, following a decision to permit them to pump in more money in these papers.
Strengthening its portfolio in personal and household care segment, FMCG major Godrej Consumer Products today said it has acquired 'Swastik' and 'Genteel' brands for an undisclosed amount.
Wipro Chairman Azim Premji will transfer company shares worth Rs. 8,846 crore to his endowment trust later this month, with a view to fund philanthropic activities taken up by the body.
Automaker Tata Motor's much hyped 'world's cheapest' car Nano has failed to meet expectations as it witnessed a massive decline to 509 units in November this year compared to 3,065 units sold in the p