Tata Motors in talks with VW for partnership

Tata Motors on Tuesday said it is in talks with the world’s largest auto maker Volkswagen for a possible partnership.
The company is exploring various opportunities, including partnership in its new advanced modular platform (AMP) development, possibilities of a joint venture or a contract manufacturing with the German auto major, in its bid to scale up. “I can only confirm that we are in talks but nothing to be announced yet,” Tata Motors CEO & MD Guenter Butschek told PTI here.

Tata Motors unveils sports car RACEMO

India’s home-grown auto major Tata Motors on Tuesday unveiled its first sports car, RACEMO, at the international motor show in Geneva.
Besides the two-seater sports coupe, the first product under the company’s new sub-brand TAMO, the company is showcasing the special editions of its next generation product line-up in the compact segment – sedan TIGOR and SUV NEXON.

Luxury Products soon on WhatsApp

Online luxury retailer Yoox Net-a-Porter said it’s developing technology that will allow well-to-do customers to buy products directly through WhatsApp as the e-commerce market for Prada and Versace goods becomes more competitive.
Yoox Net-a-Porter’s personal shoppers already communicate with top clients via the text-messaging service, and the Milan-based company plans to expand its use of the mobile app, Chief Executive Officer Federico Marchetti said in an interview in London.

Smaller cities a new destination for VC, angel firms

Venture Capital funding and angel investing is no longer a metro phenomenon. These angels do not fear to tread the un-trodden paths to reach out to businesses – both traditional and modern - in smaller cities. In the past couple of years smaller cities have started attracting considerable number of investments.

Vodafone launches 4G in Goa, Maharashtra

Vodafone India, one of the fastest growing telecom operators in Maharashtra and Goa circle, has launched its 4G services with special packages, to aggressively tap more subscribers and increase its topline as intense price war among telecom operators eye more market share in India’s $50-billion telecommunication industry.
The company has invested Rs 248 crore in the first half of FY2017-18 to expand, modernize and build a more technology and energy efficient network.

Betting big on bespoke apparels

For over three decades now they have carved a niche in exclusive fashion statement amongst the rich and the famous, stitching all uniquely designed shirts for India’s top industrialists, lawyers, Bollywood actor, among others. And now Camessi, an arm of Spell Fashion Pvt Ltd, which has the same promoters as Reliance Chemotex, the BSE listed $50 million premium textile yarns company, is betting big on the growth of bespoke shirts and trousers market in the country.

JLR unveils Tata's passion project Range Rover Velar

Tata Motors-owned Jaguar Land Rover has unveiled a new model at a grand ceremony here.
Gerry McGovern, Land Rover Chief Design Officer, credited the final product to Tata Group chairman emeritus Ratan Tata.
"I would like to thank Ratan Tata. Ever since he saw the first sketch of the Velar, he became a passionate advocate of it," McGovern said at the function.
"Design has the power to enrich people's lives... This is a vehicle with emotionally charged DNA and unquestionable pedigree," he added.

Auto sector cheers sales, Maruti up 11.7%

Major car manufacturers in the country such as market leader Maruti Suzuki, Hyundai, Honda Cars, Toyota Kirloskar Motor, Renault, Ford and Nissan on Wednesdayreported continued sales momentum for their brands in February backed by new models and positive market sentiment.
The only dampener was Mahindra and Mahindra, India’s biggest utility vehicle maker by sales, which continued sales decline in the fiercely competitive third biggest car market in Asia.

These ’80s classics are worth investing in now

Thirty years ago, a person of means could walk into an import car dealership, drop a sum that would double the average annual household income, and drive out with a grand touring coupe—a two-door, four-seater powered by a prodigious, smooth, naturally aspirated engine. These luxurious cars coddled passengers in leather at triple-digit speeds while still making the twists and turns of the road with ease.

Danone to make India its manufacturing hub

Danone India, an arm of the ¤22 billion global food giant with four verticals-fresh dairy products, early life nutrition, waters and medical nutrition, will eventually turn its Indian operations into manufacturing hub for the entire region – Nepal, Bangla-desh, Sri Lanka. The company which has just come up with the latest brand from the stable – Protinex Grow, has lined up plans to roll out 10 new products – all in specialised categories – in 2017.