Luxury carmaker Mercedes-Benz India plans to roll out 8 new models, including battery electric vehicles, this year as it looks to sustain sales momentum having posted record sales in 2024. The company sold 19,565 units last year, registering a growth of 12 per cent as compared to 17,408 units in 2023. Mercedes also saw sales […]
TVS Mobility, the family office of TS Rajam and his successors, has tapped banks and credit funds to raise Rs 2,000 crore for capital expenditure by the businesses in its fold and for debt repayments, according to people aware of the matter. The fundraise is said to be anchored by Standard Chartered Bank and will […]
New Delhi: Auto parts maker Sona Comstar has firmed up plans to diversify operations and double the share of revenue to 50% from markets like Japan, China and India amid rising geopolitical tensions in the West. Speaking to ET, MD & group CEO Vivek Vikram Singh said, management structures were already in place for ensuring […]