Bain Capital’s $245 mln exit of Hero MotoCorp largest in Q2

The exit by US fund Bain Capital from Indian motorcycle maker Hero MotoCorp was the biggest in the second quarter of 2014, a report by Pricewaterhouse Coopers said. Bain Capital sold Hero MotoCorp shares worth $245 mln (close to Rs 1,450 cr), making it one of the biggest private equity exits of the year, according […]

Tata Motors gets massive orders for Marcopolo buses under JNNURM

Tata Motors said it had received an order from KSRTC (Karnataka State Road Transport Corporation) to supply 487 Tata Marcopolo built buses and another for 780 to HRTC (Himachal Road Transport Corporation) as per “Urban Bus Specifications” under JNNURM – II scheme. These orders are part of the over 2700 orders for Tata Motors ‘URBAN’ […]

Volkswagen launches the hyperconnected Vento Konekt

Volkswagen India has launched Vento Konekt, whose speciality is the multitude of connectivity options in the car. Available on Comfortline and Highline variants of the Vento, the Konekt package includes a Blaupunkt infotainment system, with GPS navigation and hands-free, Bluetooth-enabled telephony. “Integrated into the centre console at the front, this high-end system features a high-resolution […]