Steep steel prices hurt several sectors as China gorges on ore

Automakers to construction industry face rising input costs With several automakers recently announcing price increases to offset input costs, steel prices have come under the spotlight. Steelmakers in turn have been impacted by surging global prices of iron ore, the main raw material, as demand from China has soared. And with Indian iron ore production having seen a dip in […]

Read more

Collectors Universe, Investor Group Amend Merger Deal To Boost Offer Price To $92 Per Share

Collectors Universe Inc. (CLCT) and an investor group led by entrepreneur and sports card collector Nat Turner, D1 Capital Partners L.P., and Cohen Private Ventures, LLC said Wednesday they have entered into an amended and restated merger agreement. Shares pf Collectors Universe are gaining almost 18 percent in pre-market activity. Collectors Universe is a provider of value-added authentication and grading […]

Read more

Toyota unveils new Fortuner, Legender SUVs

The new Fortuner and Legender are uniquely positioned to cater to the diverse needs of the dynamic market Toyota Kirloskar Motor (TKM) on January 6 introduced the upgraded version of Toyota Fortuner and the new Legender at starting ex-showroom price of ₹29,98,000 and ₹37,58,000 respectively. The Fortuner with 1,70,000 units sold in India since its introduction in 2009 continues to […]

Read more

Fiat Chrysler to invest $250 mn in India unit to launch new SUVs

The investment will be made to locally manufacture amid-size, three-row SUV, assemble the Jeep Wrangler and Jeep Cherokee vehicles in the country Fiat Chrysler Automobiles NV(FCA) said on Tuesday it will invest $250 million to grow its presence in India with the launch of four newsport-utility vehicles (SUVs) under its Jeep brand over the next two years. The investment will […]

Read more
1 15 16 17