Wednesday, March 10, 2021

Mahindra receives clearance from RBI to reduce stake in SsangYong Motor

The UV maker has got approval from the Reserve Bank of India to reduce its stake of 75 per cent in SsangYong Motor to 25 per cent through capital reduction, say people in the know.

from Auto-Industry-Economic Times https://ift.tt/3qC1bGi

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India is officially added to global industrial map of JLR: Tata Sons Chairman Chandrasekaran on inauguration of new facility in Tamil Nadu

Stalin inaugurated a new Tata Motors and Jaguar Land Rover manufacturing plant in Ranipet. Tata Sons Chairman Chandrasekaran said that the f...