World Business News

NEW DELHI: India's largest car rental company, Carzonrent plans to venture into self driven cars on the lines of developed Europe and the US markets, with the launch its own services; Myles that would entail an estimated investment of Rs 400 crore and have a strong 5000 car fleet in next three years.

ZURICH: Swiss drugmaker Novartis offered a sweetener to investors on Friday by starting a $5 billion share buyback programme, but shied away from announcing any radical surgery to its structure.

MUMBAI: Jaguar Land Rover will enhance its research and product development on future vehicle infotainment technologies through a new collaboration with Intel and the opening of a n ew Technology R&D centre in Portland, Oregon.

Bhubaneswar: Vedanta Aluminium Ltd (VAL) has commissioned a red mud powder producing unit at Lanjigarh refinery in Odisha, describing it as first of its kind in alumina industry tackling major environmental hazards.