HMI completes acquisition of General Motors India Talegaon Plant

Hyundai Motor India has completed acquisition and assignment of identified assets at General Motors India’s Talegaon Plant in Maharashtra. The acquisition has been completed post fulfilment of certain conditions and...

Hyundai Motor India commits additional Rs 6180 Crore for Tamil Nadu

Hyundai Motor India Limited (HMIL), announced Rs 6 180 crore investment plans in the state of Tamil Nadu (this includes Rs 180 crore towards a dedicated ‘Hydrogen Valley Innovation Hub,’ in association with IIT- Mad...

Flipkart Group commits to Net Zero carbon emissions by 2040

The Flipkart Group, India’s homegrown internet ecosystem, has committed to setting an ambitious Net Zero target, to decarbonise its own operations by 2030 and the larger value chain by 2040.

GWM, Maharashtra govt sign MoU; Commits US $ 1 billion investment in India

Great Wall Motor (GWM), a global SUV manufacturer based in China has signed an MOU with the Maharashtra government to set up a state-of-the-art automotive manufacturing facility in Talegaon, committing an investment...

Desay SV completes acquisition of German antenna technology company ATBB

On March 13, 2019, Huizhou Desay SV Automotive Co., Ltd. announced the closing of the acquisition of Antennentechnik ABB Bad Blankenburg GmbH (ATBB), an advanced antenna technology company based in Germany. This mar...

Honda 2 Wheelers commits Rs 800 crore investment for 2018-19

After creating a new world record by becoming the only company in India and the world to add 1 million incremental sales in one year, Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) has earmarked Rs 800 crore inve...

Piramal Finance commits Rs 565 Crore in 2 auto component firms

Piramal Enterprises Limited through its subsidiary Piramal Finance Limited has financed RSB Group to the extent of Rs. 275 crore and Indoshell Mould Limited to the extent of Rs. 290 crore. The investments were made ...

JLR commits extra £1 billion to UK suppliers

Jaguar Land Rover (JLR) is to spend an additional £1 billion with UK suppliers over the next four ye




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