Tata Sons’ stake in publicly traded companies is now worth Rs 9.28 trillion, up 34.4% year on year (YoY). Topics Tata Group | listed companies | Tata sons Tata Sons closed the calendar year as the largest promoter of listed companies in the country, ahead of the central government. For …
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Read More »Ford cancels plans to divest Indian operations to Mahindra
Ford Motor Co. is reversing plans to divest the majority of its Indian operations to Mahindra & Mahindra Ltd., deciding to pull out of a proposed joint venture and continue its independent business in the country. The two companies agreed to terminate the venture after reassessing in part due to …
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Read More »Vedanta, JSPL, IDBI Bank, Infibeam Avenues, Mahindra and Mahindra
NEW DELHI Here is a list of the top ten stocks that may be in the news on Friday: Vedanta: Major miner Vedanta Limited emerged as the highest bidder for the Radhikapur West coal block, located in Angul district, Odisha, at a distance of about 190 km from the Company’s …
Read More »In a surprise move, Ford and Mahindra cancel proposed auto joint venture
NEW DELHI: In a sudden and surprising move towards the close of 2020, the American automaker Ford and homegrown Mahindra and Mahindra decided to cancel their car joint project, blaming the decision on the “world economy and business conditions caused, in part, by the global pandemic ”. Ford insisted that …
Read More »Mahindra Ford JV Break Up
Mahindra-Ford SUV digital rendering for India Mahindra-Ford JV has been canceled on the last day of 2020, on December 31, 2020 The Mahindra-Ford joint venture, which was signed on October 1, 2019 in Mumbai, was canceled on December 31, 2020. The joint venture that gave Mahindra a 51% stake and …
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Read More »Trump extends visa ban, advances in health coverage policies
SAN DIEGO (AP) – President Donald Trump on Thursday extended pandemic-related green card and work visa bans to large groups of applicants through March 31, while a federal appeals court sided with a rule requiring new immigrants to have their own health insurance. . The twin events of the last …
Read More »Jio to make calls to any network in India for free
Voice calls made by Reliance Jio Infocomm Ltd subscribers to rival networks within India will be free from January 1, India’s largest mobile operator said by market share on Thursday. The decision to stop charging for calls comes when the telecoms regulator ordered that telecommunications companies will not have to …
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