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India: strong industrial production figures boost growth hopes
Another sign of the strength of the Indian economy’s performance this year comes today in the form of industrial production figures for April, which showed a 17.6 per cent year-on-year increase, bigger...
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Deal of the day: Mahindra buys Ssangyong; now for the turnaround
By Sounak Mitra of mergermarket Better late than never: India’s largest maker of sports utility vehicles is finally going global. Mahindra & Mahindra, whose previous overseas takeover moves have...
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India car sales: better, but can it last?
Indian car sales seem to be picking up after a lackluster 2011, according to February sales data from the country’s biggest car makers. But while some of the numbers are impressive – with individual...
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Outlook unclear for India’s carmakers
After a strong February, March was another a good month for car sales in India, as buyers sought to beat an excise duty increase that came into effect at the start of the new fiscal year on Sunday. But...
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Mahindra’s bid for Aston Martin: does it make any sense?
Mahindra & Mahindra’s bid for a 50 per cent stake in Aston Martin is a daring move, and one that sets up a duel with a European group befitting a product best known for high-speed chases in the...
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India: SUVs losing their lustre
SUVs have emerged as the darling of the Indian auto industry – sales have grown while the wider sector lags and the launch of new models has spurred interest. But all the excitement around these...
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