Business
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…
Business
Main person cos to proceed capex
Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…
Business
“Under my leadership, Cong purchased 135 seats,” DKS
“Under my leadership, Cong got 135 seats,” DKS
Business
‘India, Russia settling some non-oil trade in Re’
‘India, Russia settling some non-oil trade in Re’
Main person cos to proceed capex
“Under my leadership, Cong purchased 135 seats,” DKS
‘India, Russia settling some non-oil trade in Re’
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