Friday, October 1, 2021

Honda Cars India slips into red for second consecutive year, posts Rs 1,588 crore loss in FY21

In the past five years, the company has posted a loss in three — besides FY20 and FY21, it posted a Rs 2,272 crore loss in FY17. The accumulated losses have been transferred to the balance sheet.

from Auto-Industry-Economic Times https://ift.tt/3zYphQ0
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Samvardhana Motherson raises $350 million via bonds

The bonds were sold by a subsidiary, SMRC Automotive Holdings Netherlands, and are priced at 140 basis points above the five-year US treasur...