Ck Birla Group

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  Citroen Begins Trial Production Of The C5 Aircross In India

  The Citroen C5 Aircross will come to India via the completely knocked down (CKD) route and will be assembled at CK Birla's Thiruvallur plant in Tamil Nadu.

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  Citroen To Bring Back Group PSA's Legacy To India

  Groupe PSA has had a long association with the CK Birla group in the past and is geared up to start a new inning.

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  Groupe PSA And CK Birla Group Inaugurate First Powertrain Plant In India

  The plant will manufacture gearboxes in Phase I to support both the India project as well as supplying Groupe PSA needs. The peak investment in this manufacturing set up would go up to Rs. 600 crore and will generate direct employment of around 800 people.

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  French Car Manufacturer Peugeot SA Buys Ambassador

  For the people of Kolkata, the Ambassador is less of a car and more of a heritage, carrying with it the identity of the place. A picture of the city is never complete without the trams and the black-yellow taxis whizzing through the various thoroughfares, lanes and by-lanes.

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  Hindustan Motors Sells Iconic Ambassador Car Brand To Peugeot For Rs. 80 Crore

  Hindustan Motors has sold the iconic Ambassador car brand to European auto major Peugeot for Rs. 80 crore. Interestingly, Peugeot is gearing up to foray into the Indian car market and is will use Hindustan Motors' existing manufacturing facility in Tamil Nadu. It must be noted that the automotive company Peugeot SA has already signed an agreement w...

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  Peugeot Returns To India Through CK Birla Venture

  PSA, the parent company that makes Peugeot, Citroen and DS cars is coming to India! PSA (Peugeot Citroen Motors) has signed a joint venture agreement with CK Birla Group to make and sell vehicles and components in India by 2020. PSA will invest about Rs 700 crore into a production facility in Chennai. The new joint venture will use the same plant i...

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  Orient Cement To Buy Two Units Of JP Group For Rs 1,950 Crore

  Orient Cement said it will acquire Jaiprakash Associates' 74 per cent stake in Bhilai Jaypee Cement Ltd (BJCL) for an enterprise value of Rs 1,450 crore.

• Orient Cement Posts 20% Fall in Q1 Profit

  Diversified CK Birla group firm Orient Cement on Tuesday reported a 20 per cent fall in net profit at Rs 27.89 crore for the June quarter, on account of lesser realisation in cement prices due to a dip in demand.

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  Ambassador Production Stopped as Power Shifts in Delhi

  Hindustan Motors, part of the $1.6-billion (nearly Rs 9,500 crore) CK Birla Group, has suspended production at its Uttarpara factory in West Bengal.

• Birlasoft acquires US firm EnablePath

  The move will help the CK Birla group firm expand its services across high-end business consulting, cloud transition, implementation, integration and app exchange services developed on the Salesforce.com platform.

• Hindustan Motors prices new Ambassador Encore under Rs 5 lakh

  Bookings for the vehicle named Ambassador Encore will begin from tomorrow, the company said in a statement.

• Warburg Pincus buys stake in Avtec

  U.S. private equity firm Warburg Pincus LLC has bought a minority stake in Indian engineering equipment maker Avtec Ltd, but the terms of the transaction were not disclosed.

• Budget 2012 to be inflationary, unlikely to boost growth: India Inc

  Biocon CMD Kiran Majumdar Shaw expressed fears the Budget would be inflationary.

• NEI to invest Rs 1,200 cr to hike capacity, acquisitions

  CK Birla Group firm National Engineering Industries (NEI) today said it will invest up to Rs 1,250 crore in the next five years to double production capacity.