FM: Hopeful of 6% growth in FY14

Updated: Jul 28 2013, 10:42am hrs
Noting that India continued to be the second-fastest growing economy in the world after China, finance minister P Chidambaram said on Saturday people should not be worried about the current slowdown and expressed hope of achieving 6% growth this fiscal, while speaking in Tamil Nadu.

GM fires staff after Tavera recall

General Motors has forced out several executives and managers, including the head of its global engine operations, as the companys recall of vehicles in India

raises questions about improper emissions tests.

Lanco Infratech opts for CDR

Lanco Infratech has approached the corporate debt restructuring cell for restructuring R7,500 crore of its working capital, short-term loans and the non-fund

based limits.