LIVE MARKET TRACKER :   BSE SENSEX        |    NSE NIFTY    
GLOBAL MARKETS :  NASDAQ      |    FSI London      |    NIKKEI Japan  
  USD GBP EUR CAD AUD INR
USD -
GBP -
EUR -
CAD -
AUD -
INR -
Indian-Commodity  :  Investment  :  M&M to make additional investment in Chakan plant

M&M to make additional investment in Chakan plant (20-Feb-2018)

Mahindra & Mahindra (M&M) is planning to make an additional investment at its Chakan plant in Maharashtra. As part of its expansion plans, the company will invest over Rs 500 crore in its Electric Vehicle (EV) Project under the new EV Policy of the Government of Maharashtra.

The investment for EV and EV Components is in addition to its ongoing expansion plan in Chakan which includes an initial investment of Rs 6,500 crore. This additional investment of Rs 500 crore will be utilized towards product development and capacity enhancement for electric vehicles and related components.

M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.



Top News Today
Soril Holdings to raise funds to capitalize, fund its subsidiaries
(26-Apr-2018)

Soril Holdings to raise funds to capitalize, fund its subsidiariesSoril Holdings and Ventures has received an approval for the preferential offer and issue of an aggregate of up to 1,00,00,000 equity shares at an issue price of Rs 330 (including a premium of Rs 328)......click on news to read complete article.

Yes Bank partners with FICCI for 'The Great Indian Travel Bazaar 2018'
(26-Apr-2018)

Yes Bank partners with FICCI for Yes Bank has partnered with FICCI for The Great Indian Travel Bazaar'18 held in Jaipur on April 22-24, 2018. The event witnessed the release of Yes Bank - FICCI joint report on Inbound Tourism titled,......click on news to read complete article.

Tata Steel's JEIM bags FICCI Quality Systems Excellence Award
(26-Apr-2018)

Tata SteelTata Steel has received the Platinum Prize for the Joda East Iron Mine (JEIM). JEIM has received the prize in the large category in Mining Sector at the 6th FICCI (Federation of Indian Chambers of Commerce......click on news to read complete article.

International Stock News
Asian markets trade mostly lower in early deals on Thursday
(26-Apr-2018)

Asian markets trade mostly lower in early deals on ThursdayMost of the Asian equity benchmarks are trading lower in the early deals on Thursday, following the lackluster cues overnight from Wall Street. Though, Japan's Nikkei share average rose, buoyed by gains......click on news to read complete article.

US markets closed mostly higher on Wednesday
(26-Apr-2018)

US markets closed mostly higher on WednesdayThe US markets closed mostly higher on Wednesday, with the two market gauges erasing early losses to turn positive in afternoon trading as strong corporate earnings appeared to overshadow an ongoing rise......click on news to read complete article.

Asian markets trade lower in early deals
(25-Apr-2018)

Asian markets trade lower in early dealsAll the Asian markets are trading in red terrain in early deals following the overnight sell-off on Wall Street. Warnings on profit outlook from bellwether U.S. companies and worries about rising bond......click on news to read complete article.

 

     
  
Recent Investment News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.