New Delhi: General Motors Co. (GM.N) said on Tuesday it was recalling 4,000 of its Chevrolet Sail diesel variant cars in India to address a potential engine issue.
The company's Indian unit, General

General Motors Co has just begun the initial production of its first ever Chinese-designed car for the Indian market, a major step for the U.S. automaker as it tries to scale up in a market where fore

Steel major SAIL on Monday reported 18 per cent dip in net profit at Rs 696 crore for the first quarter ended June, 2012 on account of higher input costs and weak rupee.

The state-owned firm had post

The government has approved disinvestment of 10.82 per cent stake in Steel Authority of India (SAIL) through auction route.

"The Cabinet Committee on Economic Affairs has approved the disinvestment o

In a major diversification plan, state-run Power Grid Corporation is in discussions with three companies, including SAIL, for setting up an equal joint venture to manufacture transmission equipment.

State-run Steel Authority of India on Sunday said its production in the 2011-12 fiscal stood at 13.5 million tonnes, up five per cent over the previous fiscal, on better capacity utilisation of its pl

The Delhi High Court has dismissed the plea of two Australian coal firms, Vale Australia Pty Ltd (Vale) and AMCI Pty Ltd, against an International Court of Arbitration's (ICA) order to them for pay

Steel Authority of India is set to report over 4 cent growth in its half-yearly sales to around 5.6 million tonnes on improved domestic demand across sectors, a source privy to the development said.

Steel Authority of India Ltd (SAIL) is expected to sign a 50:50 joint venture agreement with Kobe Steel within 3-4 months that will help it acquire the Japanese company's patented technology.

"We are

State-run Steel Authority of India expects to raise around 35 billion rupees ($778 million) from a share sale, its chairman said on Saturday, adding he expected steel production and sales during the c