Henry's Feed
Dec 11, 2012

Jaguar Land Rover mulls Saudi Arabia plant

MUMBAI/RIYADH, Dec 11 (Reuters) – Jaguar Land Rover (JLR)
signed a preliminary deal to build a plant in Saudi Arabia,
extending its expansion in fast-growing markets having already
started work on a plant in China.

The British luxury marque, owned by India’s Tata Motors
, signed the deal to look at the possibility of making
50,000 Land Rovers a year at a Saudi plant costing some 4.5
billion riyals ($1.2 billion), the country’s commerce and
industry ministry said in a statement.

Dec 10, 2012

Great Wall Motor in talks to enter India: SIAM

MUMBAI/NEW DELHI (Reuters) – Great Wall Motor Co (601633.SS: Quote, Profile, Research, Stock Buzz) is in talks to open a plant in India, a move that would make it the first Chinese carmaker to operate in the country without a partner.

“They are meeting industry. They are meeting government. They are meeting suppliers,” Vishnu Mathur, director general of the Society of Indian Automobile Manufacturers – a lobby group, told Reuters in an interview on Monday.

Nov 18, 2012

Bal Thackeray dies at 86

MUMBAI (Reuters) – Bal Keshav Thackeray, one of India’s most polarising politicians and leader of the right-wing Hindu nationalist Shiv Sena party that has dominated politics in the country’s richest city for two decades, has died aged 86.

Thackeray died of cardio-respiratory arrest on Saturday at his home, one of his doctors, Jalil Parker, said. He had been ill for some time and was rumoured to have died earlier this week.

Nov 17, 2012

Shiv Sena chief Bal Thackeray dies at 86

MUMBAI (Reuters) – Bal Keshav Thackeray, one of India’s most polarising politicians and leader of the influential right-wing Hindu nationalist Shiv Sena party that has dominated politics in the country’s richest city for two decades, has died aged 86.

Thackeray died of cardio-respiratory arrest on Saturday at his home, one of his doctors, Jalil Parker, said. He had been ill for some time and was rumoured to have died earlier this week.

Nov 17, 2012

Bal Thackeray, firebrand Indian Hindu-nationalist, dies at 86

MUMBAI (Reuters) – Bal Keshav Thackeray, one of India’s most polarizing politicians and leader of an influential right-wing Hindu nationalist party that has dominated politics in the country’s richest city for two decades, has died aged 86.

Thackeray died of cardio-respiratory arrest on Saturday at his home, one of his doctors, Jalil Parker, said. He had been ill for some time and was rumored to have died earlier this week.

Nov 13, 2012

Corrected: Hyundai’s focus on quality risks emerging market share

SRIPERUMBUDUR, India/SEOUL (Reuters) – Running around the clock and selling everything it can build, Hyundai Motor’s Indian factory is bursting at the seams. But as demand grows and rivals scale up, the car maker has chosen to take its foot off the pedal.

Hyundai’s strategic decision to focus on quality over quantity, even as its production lines are stretched in India and elsewhere, risks losing hard-won market share and is forcing it to divert output from its plant outside Chennai away from exports to other high-growth markets to meet domestic demand.

Nov 11, 2012

Hyundai’s focus on quality risks emerging market share

SRIPERUMBUDUR, India/SEOUL (Reuters) – Running around the clock and selling everything it can build, Hyundai Motor’s (005380.KS: Quote, Profile, Research) Indian factory is bursting at the seams. But as demand grows and rivals scale up, the car maker has chosen to take its foot off the pedal.

Hyundai’s strategic decision to focus on quality over quantity, even as its production lines are stretched in India and elsewhere, risks losing hard-won market share and is forcing it to divert output from its plant outside Chennai away from exports to other high-growth markets to meet domestic demand.

Nov 11, 2012

Analysis: Hyundai’s focus on quality risks emerging market share

SRIPERUMBUDUR, India/SEOUL (Reuters) – Running around the clock and selling everything it can build, Hyundai Motor’s Indian factory is bursting at the seams. But as demand grows and rivals scale up, the car maker has chosen to take its foot off the pedal.

Hyundai’s strategic decision to focus on quality over quantity, even as its production lines are stretched in India and elsewhere, risks losing hard-won market share and is forcing it to divert output from its plant outside Chennai away from exports to other high-growth markets to meet domestic demand.

Nov 8, 2012

Nice start, but not enough for India Inc in reform drive

GURGAON, India (Reuters) – India Inc. demanded simpler tax rules, faster project approvals and tougher rules on corruption at the World Economic Forum (WEF) on Thursday, as companies challenged the government to push for deeper economic fixes than a handful of recent reforms.

Tempers frayed between frustrated executives and defensive ministers, and social activists took officials to task on a lack of action from the government, despite a much-trumpeted set of initiatives in response to slowing economic growth.

Nov 8, 2012

Nice start, but not enough for corporates in India reform drive

GURGAON, India, Nov 8 (Reuters) – India Inc. demanded
simpler tax rules, faster project approvals and tougher rules on
corruption at an economic summit on Thursday, as companies
challenged the government to push for deeper economic fixes than
a handful of recent reforms.

Tempers frayed between frustrated executives and defensive
ministers, and social activists took officials to task on a lack
of action from the government, despite a much-trumpeted set of
initiatives in response to slowing economic growth.