Tuesday, October 12, 2021

Tata Motors jumps 10% as co to raise $1 billion for passenger EV business

On Tuesday, Tata Motors closed a transaction to raise Rs 7,500 crore from Abu Dhabi-based ADQ and TPG Rise Climate, marking the first large financing plan by a domestic automaker to boost clean mobility.

from Auto-Industry-Economic Times https://ift.tt/3lyvj67

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Apollo Tyres to invest Rs 5,800 cr to expand capacity in Andhra Pradesh

Apollo Tyres announced a significant Rs 5,810 crore investment to expand its Andhra Pradesh manufacturing facility, aiming to boost passenge...