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Spencer's to prune investments per store
Spencer’s, the retail arm of the Rs 13,500-crore RPG Enterprises, will be focusing more on large format stores this fiscal and prune down investments per store in order to beat recession blues and turn the company profitable.

Goa govt demolish Russian-owned hotel
Goa government has demolished a portion of a hotel owned by Russian nationals in the state for violating Coastal Regulation Zone (CRZ) law.

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Lage Raho Hirani
He’s done it again. The director whose fun films pack a hard social message is relishing the success of 3 Idiots. Abhilasha Ojha finds out what makes him tick.
Business Ideas

Nissan-Ashok Leyland LCV plant deferred

Hinduja Group firm Ashok Leyland on Wednesday said that construction of its proposed facility to make light commercial vehicles (LCVs) in partnership with Japan"s Nissan had been deferred due to sluggish market conditions. - Ashok Leyland-Nissan LCV plant"s construction deferred - Ashok Leyland-Nissan JV to be delayed - Tata Motors sees mixed April; M&M tractor sales up 35% - Hind Motors to cut LCV price by Rs 7,000 - Ashok Leyland, Nissan revisit biz plan for JVs - Ashok Leyland Jan sales down by 73.17% The company, however, said LCVs under the joint venture would still be made, but initially would be launched from the partners" own facilities. “The construction of the plant has been deferred, but not shelved. We are discussing options with our joint venture partner Nissan, keeping in mind the current market scenario,” said K Sridharan, CFO, Ashok Leyland.


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