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MG Motor India plans to net $500 m locally in capex push

MG Motor, owned by China’s SAIC Motor Corp, is planning to raise $350-500 million (₹2,650-3,800 crore) in private equity in India to fund its future needs, including expansion in electric vehicles (EVs). The maker of the Hector and Astor SUVs is seeking to tap the local market because of a delay in getting government approval…

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MG Motor India plans to net $500 m locally in capex push

MG Motor, owned by China’s SAIC Motor Corp, is planning to net $350-500 million (₹2,650-3,800 crore) in inner most fairness in India to fund its future needs, including growth in electrical vehicles (EVs). The maker of the Hector and Astor SUVs is seeking to tap the native market thanks to a prolong in getting government acclaim for recent investment from the Chinese language parent.MG Motor India has already initiated talks with inner most fairness traders…
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RBI-ESMA standoff:India to search recordsdata from of its due

RBI-ESMA standoff:India to demand its due

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RBI-ESMA standoff:India to search recordsdata from of its due

RBI-ESMA standoff:India to search recordsdata from of its due
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Vivo’s handset exports rate $15 mn blocked

An intelligence unit of the finance ministry has blocked exports of around 27,000 handsets worth about $15 million by Chinese company Vivo, people familiar with the matter said. The consignments, headed to Thailand and Saudi Arabia, have been stuck for over a week at the Delhi airport with the Indian authorities suspecting misdeclaration around the…

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Vivo’s handset exports rate $15 mn blocked

An intelligence unit of the finance ministry has blocked exports of around 27,000 handsets rate about $15 million by Chinese company Vivo, of us accustomed to the topic said. The consignments, headed to Thailand and Saudi Arabia, get been stuck for over every week on the Delhi airport with the Indian authorities suspecting misdeclaration all around the cost and get of the devices.It has been alleged that the smartphone company changed into making an strive to export superior quality goods by incorrectly declaring the model of the handsets…
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Gape: Public successfully being gets private push

View: Public health gets private push

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Gape: Public successfully being gets private push

Gape: Public successfully being gets private push
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