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As beverage maker Coca-Cola accelerates the sell-off process of its own bottling business under Hindustan Coca-Cola Beverages (HCCB), a dozen senior-level executives have quit HCCB over the past few months. Eleven executives who have left HCCB were either directly reporting to CEO Juan Pablo Rodriguez, or were at the level of vice-presidents.

India was the fastest growing market for Suzuki Motor Corporation (SMC) in the last financial year and, with a spate of launches in the fast-growing sports utility vehicle segment, the Japanese carmaker remains bullish about growth prospects here despite global uncertainties.uzuki – which aims to grow global volumes by 6.2% or 186,000 passenger vehicles in the ongoing fiscal – expects its subsidiary Maruti Suzuki to outperform competition in the local market this fiscal.

A proposed amendment to the forest conservation law will give a boost to the oil and gas exploration activity in the country as it would offer explorers prompt access to thousands of square kilometres of forest areas for seismic surveys by obviating the need for time-consuming permits, an official said.

India cut windfall tax on petroleum crude to zero from Rs 4,100 per tonne with effect from May 16, according to a government notification.The windfall tax on petrol, diesel and aviation turbine fuel (ATF) was left unchanged at zero.

Adani Transmission has sought shareholders' approval to raise up to Rs 8,500 crore through issuance of equity shares on qualified institutional placement basis. The company has sought shareholders' approval through postal ballot to raise up to Rs 8,500 crore by way of qualified institutional placement through issuance of equity shares and/or other eligible securities to eligible investors, a BSE statement showed.

ED freezes Rs 457 crore worth assets in money laundering case against 'lottery king' Santiago Martin

The European Central Bank (ECB) has fined US financial giant Goldman Sachs 6.63 million euros ($7.2 million) for misreporting its capital needs.

General Motors said on Monday it will recall 42,000 sport utility vehicles in Canada from the 2014 through 2017 model years because the driver's air-bag inflator may explode during deployment.

The IMF has expressed hope that Sri Lanka's debt restructuring process would be completed by September, which is also the time for the global lender's formal review of the bailout facility it extended to the cash-strapped nation