Nissan to hike vehicle prices by up to 2 pc from April

Mar 20 2018

Japanese automaker Nissan said it will increase prices of its vehicles, including products under Datsun brand, by up to 2 percent in India from next month.

Nissan names ex-U.S. chief to lead China expansion

Mar 14 2018

Nissan Motor Co announced that its CPO Jose Munoz would become head of its China operations, leading the Japanese automaker’s ambitious expansion in the auto market.

Renault shares fall as Nissan say no to change ownership ties

Mar 08 2018

Renault shares were down 1.4% in early session trading, giving up some of the gains it made in the previous day, when the stock had ended 5.6% higher.

Renault-Nissan-Mitsubishi to speed up collaborations to boost profit

Mar 01 2018

Renault-Nissan-Mitsubishi alliance said it would speed up collaborations in key areas, as part of a broader plan to deliver cost savings and boost profits.

Renault posts record earnings, strengthening Ghosn's hand

Feb 16 2018

Renault posted record sales and profit for 2017, bolstering Chief Executive Carlos Ghosn’s position in the face of government demands for a clearer succession plan.

Renault board ask Ghosn to stay, pursue closer Nissan integration

Feb 16 2018

Renault its board had asked Chief Executive Carlos Ghosn to stay on for another four years and pursue closer integration with alliance partner Nissan (7201.T).

Renault says board member Desmarest to step down on Feb 15

Feb 13 2018

French carmaker Renault said board member Thierry Desmarest would leave the company on Feb 15, when CEO Carlos Ghosn is expected to appoint a new chief operating officer.

France backs Renault COO nomination, seeks Nissan integration

Feb 12 2018

The French government said it will back Renault COO nomination but wants an agreement to transform the Renault-Nissan alliance into an “integrated” automotive group.

Renault board member quits ahead of CEO succession meeting

Feb 12 2018

Senior Renault board member Thierry Desmarest has resigned from the French carmaker, sources told Reuters.

Didi Chuxing to explore China electric car-sharing tie-up

Feb 07 2018

The Renault-Nissan-Mitsubishi alliance said it has signed Didi Chuxing to explore future business cooperation on a new electric car-sharing service in China.

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Stocks In News



Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively

To add platform capabilities in the insurance segment which contributes 15% of total business

The Acquisition is expected to close within the next 3 months


Sells Essar Steel loan to Deutsche Bank

Has sold its $385 mn Foreign currency loan extended to Essar Steel

Bank has taken a 38% haircut

Rs 1600 cr is expected earnings to the bank from the deal

Economic Times Reports


To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn

The co is also in discussions to sell its residential and commercial projects in Chennai

To convene shareholder’s meet on 23rd March in regard to the proposed divestment

Mint Reports


Gets Order Worth Rs 230 Cr From NTPC

To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators

Will help NTPC commission the 3x 660MW plant started 12years


Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI

The completion period for the project is 30 months

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