Money

New Delhi: The global car market has bottomed and is on track for 60 million units sales this year and next, Carlos Ghosn, who heads Japan's Nissan Motor Co and France's Renault SA, said on Sunday.

"It looks like we are here hitting a plateau," he said at a World Economic Forum event in New Delhi.

• PNB plans to acquire majority stake in Kazakhstan-base bank
• Shell in talks to buy 10% of Essar Oil
• ICICI Bank raises USD750 mn through bond issue
• Hershey mulls $17billion solo bid for Cadbury: Source
• India third largest economy by 2050: Carnegie Endowment