Tata Motors-owned luxury carmaker Jaguar Land Rover (JLR) is planning to set up a new plant to make about 200,000 cars annually in eastern Europe and is zeroing in on Poland.

According to The Sunday Times, JLR executives have been weighing up bids from Slovakia, Hungary, the Czech Republic and Turkey for the factory, which will make about 200,000 cars a year.

A new ‘self-destructing’ email service named Dmail aims to eliminate and solve all problems related with sending emails sent by mistake by introducing a new tool to better control messages sent through Gmail.

A user can revoke access to any message sent with Dmail at any time and it initiates a new feature which prevents recipients from forwarding users’ messages to others.

Ashok Kumar Balyan, former chief executive of Petronet LNG Ltd, has joined Anil Ambani-led Reliance Group as CEO of its Oil & Gas Business.

“Among other areas, Balyan shall be leading the Group’s efforts towards setting up of LNG terminal and LNG procurement for the Bangladesh power project being implemented by Reliance Power as well as other opportunities in the oil and gas space,” the company said in a press statement.

German car maker Mercedes-Benz will recall 150 imported vehicles in China on July 31 to fix a fuse problem, according to the country's top quality supervisor.

All the recalled vehicles belong to GLA, A and B series, manufactured in September 2014.

Hyundai Motor India Ltd. (HMIL), the country’s second largest car manufacturer and largest car exporter, on Saturday said it is hiking prices for all its models except the newly launched compact SUV Creta.

The price increase will be up to Rs 30,000 across models, effective August 1,2015.

NEW DELHI: Maggi controversy has claimed its first victim at Nestle. The Swiss food giant's India MD Etienne Benet is getting transferred to its headquarters in Switzerland. He will be replaced by Suresh Narayanan, chairman and CEO of Nestle Philippines, who is slated to assume office from next month.

Benet, who joined Nestle India in October 2013, oversaw the company's operations during the Maggi crisis. He is also one of the first heads to roll, said a senior executive from Nestle India. "You can expect three to four more senior executives to leave in the coming weeks," he said.

New Delhi: India’s appliance and consumer electronics sector is set to grow at a compound annual rate of 13.4%, to touch $20.6 billion by 2020, global consulting firm EY said in a report released on Friday.

The market was worth $9.7 billion in 2014, it said, adding that the annual growth rate was 9.7%.

Bengaluru: Wipro Ltd has come up with a clutch of measures to improve its delivery side of business. It believes the measures will help it return to industry-matching growth numbers and generate more revenues from existing clients.

Chief executive officer T.K. Kurien said that benefits of these steps should start reflecting from the December quarter, although the management declined to share by when it will get back to industry-matching growth numbers.

MUMBAI: HDFC Bank is rolling out handheld machines across India that could work just like ATMs through which customers in rural areas, where setting up full-fledged ATM kiosks is proving to be commercially unviable, can carry out most banking transactions.

Launched less than a year ago, currently through about 1,550 such 'micro ATMs' the bank sees transactions aggregating about Rs 1 crore a month in rural areas.

The Labour Ministry is all set to cap premature provident fund withdrawal at 75% of total deposits in case an EPFO subscriber goes without a job for two months.

The rest 25% would be paid to the subscriber at the age of 58 years.

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