India is set to emerge as the global development and manufacturing hub for Swedish bus maker Volvo Bus Corporation’s Asia range over the next four years.
The Hero group and Honda of Japan, who had combined their names to build the world’s largest-selling two-wheeler company, have ended their 26-year-old association. The Hero group is buying out the entire 26 per cent equity stake of Honda Motor Company in the joint venture, Hero Honda Motors.
Two young Asian entrepreneurs in England—Indian-origin Laurence Nair Price and Pakistan-origin Hayley Hadfield—have created history of sorts by bagging a deal to sell lip-smacking lassi in luxury store of Harrods in central London. The lassi is called “Schmoo”.