Hyundai Motor India Limited (HMIL) has signed a ‘Term Sheet’ for the potential acquisition of identified assets related to General Motors India, Talegaon Plant, Maharashtra.
The Term Sheet covers the proposed acquisition of (i) Land & Buildings and (ii) Certain machinery and equipment for manufacturing situated at General Motors India, Talegaon Plant. The proposed acquisition is subject to the signing of the ‘Definitive Asset Purchase Agreement’ and fulfillment of conditions precedent and receipt of regulatory approvals from relevant Government Authorities and all the stakeholders related to the acquisition.
On the occasion of Karnataka Rajyotsava, Ather Energy, India’s leading electric two-wheeler manufacturer, is introducing Kannada language on the dashboard of its family scooter, Rizta.
In line with the growing demand for dash cams, which in turn is a result of increased road safety awareness, Uno Minda, a leading Tier-1 supplier of proprietary automotive solutions to Original Equipm...
Samsung, India’s largest consumer electronics brand, announced the rollout of Digital Car Key compatibility with Mahindra Electric Origin SUVs through Samsung Wallet, offering more car owners a seamle...