The Toyota and Suzuki partnership aims at using each other’s strengths for mutual benefits. As mentioned by both, it has plenty of significance for their foreseeing in India. Continue Reading »
Amazon’s lack of video content revealed a weakness in shopper engagement and product discovery other sites were doing better.
Etihad is also learnt to have asked the SBI to take over the guarantee on the $140-million ECB loan, which Jet had taken from HSBC.
The MG Hector SUV will be based on the China- spec Baojun 530.
Etihad Airways had purchased its stake in Jet Airways in April 2013, paying around $379 million for it.
The deal is subject to approvals from shareholders, lenders and other regulatory and statutory approvals, according to the statement.
Etihad’s decision was conveyed by its CEO Tony Douglas to SBI chief Rajnish Kumar in a meeting on Monday.
At the end of the meeting, the crisis seemed to have deepened as Etihad, which holds 24 per cent in Jet, refused to agree on the contours of the deal.
OPEC’s de-facto leader Saudi Arabia said on Sunday that balancing oil markets was far from done as inventories were still high.