NEW DELHI, May 13 Wholesale sales of passenger
vehicles in India fell 17% year-on-year in April, their steepest
decline since October 2011, data from the country's auto
industry body showed on Monday, as weak consumer confidence and
a liquidity crunch hit demand.
NEW DELHI Jet Airways' pilots' union has appealed to India's top court to direct State Bank Of India (SBI) to release interim funding to try to revive the grounded airline, according to a court filing made on Tuesday which was reviewed by Reuters. | Video
* Stories of angry drivers come as Uber set for stock market
MUMBAI/NEW DELHI In 2016, Rajesh Raut started driving an Uber taxi in Mumbai, hoping he could earn more than the $215 he received each month for making flatbreads at a roadside stall.
BENGALURU Indian hotel startup OYO will buy European vacation rental group @Leisure for about 370 million euros ($415.29 million) from German media company Axel Springer and other shareholders, said a source familiar with the matter.
NEW DELHI/MUMBAI The grounding of India's Jet Airways is turning into a quick windfall and long-term opportunity for international airlines keen to scoop up nearly a million outbound passengers from what was once the nation's biggest airline.
NEW DELHI/BENGALURU Maruti Suzuki India Ltd said on Thursday it would stop making all diesel cars beginning April next year and forecast a weak rate of growth for the current fiscal year, blaming uncertain fuel prices and the onset of stricter emission norms.
* Co to stop making diesel cars as stricter emission norms
* Jet to continue working with banks; confident it will fly
MUMBAI/NEW DELHI Embattled Jet Airways halted all flight operations indefinitely on Wednesday after its lenders rejected its plea for emergency funds, potentially bringing the curtains down on what was once India's largest private airline.