Business News

·       Honda postpones India Preview of Brio

·       Wockhardt to challenge HC order

Honda postpones India Preview of Brio

Japanese auto major Honda on Monday said it has postponed the preview of its small car Brio in India, originally scheduled for 17 March, due to the devastating earthquake and tsuna mi that hit Japan last week.

“In light of the recent devastating earthquake that hit Japan, causing massive damage to life and property, Honda Siel Cars India has postponed the Honda Brio India preview event scheduled to be held on 17 March 2011,“ the company said in a statement.

Wockhardt to challenge HC order

Pharmaceutical firm Wockhardt on Monday said it will file an appeal against the admission of petition for winding up of the company by the Bombay high court.

“The company has decided to file an appeal against the order and the petition itself and seek stay of the admission”, Wockhardt said in a filing to the Bombay Stock Exchange.