Mahindra Group concluded 2024 achieving record-breaking growth across its business verticals and is setting the stage for an ambitious 2025. In a message to associates, Managing Director and CEO Anish Shah said that Mahindra’s balanced portfolio across the Auto, Farm, and Services sectors has been instrumental in its success, contributing significantly to profitability while establishing… Continue reading After record growth in 2024, M&M’s Anish Shah sets bold agenda for 2025
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After record growth in 2024, M&M’s Anish Shah sets bold agenda for 2025
Mahindra Group concluded 2024 achieving record-breaking growth across its business verticals and is setting the stage for an ambitious 2025. In a message to associates, Managing Director and CEO Anish Shah said that Mahindra’s balanced portfolio across the Auto, Farm, and Services sectors has been instrumental in its success, contributing significantly to profitability while establishing… Continue reading After record growth in 2024, M&M’s Anish Shah sets bold agenda for 2025
Tata Motors, Mahindra claim Rs 246 crore as incentives under PLI Auto Scheme
Tata Motors Ltd and Mahindra & Mahindra have submitted a total of Rs 246 crore in incentive claims under the government’s production-linked incentive (PLI) scheme for automobile and auto components, according to the Ministry of Heavy Industries. These incentive claims are made on determined sales for the financial year 2024 and the claims have been… Continue reading Tata Motors, Mahindra claim Rs 246 crore as incentives under PLI Auto Scheme
Royal Enfield total sales up 25% in December, exports surge 90%
Royal Enfield concluded December 2024 with total sales of 79,466 motorcycles, marking a 25% increase compared to the same period last year. The company’s domestic sales reached 67,891 units, up 19% from 57,291 units in December 2023, while exports saw a 90% jump with 11,575 units compared to 6,096 units in the previous year. The… Continue reading Royal Enfield total sales up 25% in December, exports surge 90%
Which one of these 31 cars will be 2025 Car of the Year?
Normally, an interview with a car company CEO is a highly coordinated affair, something that will have been weeks or even months in the planning and then carefully choreographed in its execution. Yet there was Denis Le Vot, the Dacia CEO, sitting at a trestle table along with two colleagues in a makeshift conference room… Continue reading Which one of these 31 cars will be 2025 Car of the Year?
Hidden treasures: the world of underground luxury supercar garages
Car enthusiasts are often obsessive collectors, not just in the list of machines they own but all sorts of accessories and tools. So it was perhaps only natural that ultra-luxury collectors would eventually focus on the place where those cars are stored: the garage. No, not a cheap pre-fab with a single light bulb; instead, a… Continue reading Hidden treasures: the world of underground luxury supercar garages
The exercise period for warrants of series TO 2 beings today: Immunovia AB
LUND, Sweden, Jan. 2, 2025 /PRNewswire/ — Immunovia AB (publ) (“Immunovia” or the “Company”) hereby announces that today, 2 January 2025, the exercise period for warrants of series TO 2 in Immunovia AB (publ) (“Immunovia” or the “Company”) (the “Warrant Programme”) begins. The exercise period runs until 16 January 2025. Summarized terms for the warrants of… Continue reading The exercise period for warrants of series TO 2 beings today: Immunovia AB
The exercise period for warrants of series TO 2 beings today: Immunovia AB
LUND, Sweden, Jan. 2, 2025 /PRNewswire/ — Immunovia AB (publ) (“Immunovia” or the “Company”) hereby announces that today, 2 January 2025, the exercise period for warrants of series TO 2 in Immunovia AB (publ) (“Immunovia” or the “Company”) (the “Warrant Programme”) begins. The exercise period runs until 16 January 2025. Summarized terms for the warrants of… Continue reading The exercise period for warrants of series TO 2 beings today: Immunovia AB
Mubadala acquires majority stake in UAE pharma firmsMubadala will acquire 80% of Global Medical Supply Chain and Al Ittihad Drug Store.
Abu Dhabi sovereign investor Mubadala Investment Company has announced its acquisition of a majority stake in Global Medical Supply Chain (GMSC) and Al Ittihad Drug Store (IDS) for an undisclosed sum. In a statement, Mubadala said the acquisition from GlobalOne Healthcare Holding (GHH) gives it an 80% stake in GMSC and IDS, expanding its footprint… Continue reading Mubadala acquires majority stake in UAE pharma firmsMubadala will acquire 80% of Global Medical Supply Chain and Al Ittihad Drug Store.
Chinese EV brand IM Motors raises $192m in fresh Series B round trancheThe battery EV maker had raised $1.1b in the first tranche of the round in Marc…
Chinese premium battery electric vehicle (BEV) brand IM Motors, co-founded by state-owned automaker SAIC Motor, has secured another 1.4 billion yuan ($191.8 million) in a Series B1 round, roping in both state-owned and private investment firms. The latest tranche marks the final close of the company’s Series B fundraising, bringing the total capital raised in… Continue reading Chinese EV brand IM Motors raises $192m in fresh Series B round trancheThe battery EV maker had raised $1.1b in the first tranche of the round in Marc…