Tag Archives: India

MG Motor is likely to dilute its shareholding in its fully-owned business in India as it aims to tap the capital market or raise funds through a financial or strategic investor, TOI reported on Monday. MG Motor is a British brand that was acquired by China‘s largest automaker SAIC Motor. SAIC entered the Indian market through the MG Motor brand and launched its first car here in 2019. While MG Motor’s cars have found success with Indian consumers, the company’s proposal to bring more capital… Source link

A steadily expanding platform and an ever-expanding news network in the motor news sector, DaxStreet has already managed to make significant strides ever since its acquisition by OtakuKart in 2021. The pop-culture and entertainment news network, Otakukart, acquired DaxStreet back in May last year, with the aim of reaching and tapping into the massive automobile industry and market in India. The website’s monthly traffic and engagement have proved the decision to revive it a worthy one…. Source link

oi-Promeet Ghosh Published: Tuesday, May 18, 2021, 11:52 [IST] The second wave of the Covid-19 pandemic has hit the country hard. A lot of manufacturers are helping all the people in some way or the other. Earlier, MG Motor India had partnered with Devnandan Gases to increase medical oxygen production. They have increased the production of medical oxygen by 31 per cent. Both the companies joined hands and in less than a month, they have surpassed the set target of production… Source link

The Indian High Commission has announced a series of undergraduate, postgraduate and research/PhD scholarships in India and their closing date for applications has been extended.  It said the last date for applying for the following scholarship schemes.  1) Nehru Memorial Scholarship Scheme: Under this scheme, it covers all undergraduate courses (except Medical/Paramedical and Fashion Design courses), including Engineering, Science, Business, Economics, Commerce, Humanities and Arts. 2) Rajiv… Source link

NEW DELHI: Toyota Kirloskar Motor (TKM) on Friday announced that the brand has reached a new milestone of over 400 customer touch points in the country, catering to the newer emerging markets. The company inaugurated its 401st outlet – BJS Toyota in Bellary, Karnataka. The company recently, also announced the launch of its first-ever Regional Stock Yard in Northeastern India, thus ensuring a leaner and efficient distribution network across the Northeastern states. Besides, TKM has enhanced… Source link