Fairfax India Holdings Corporation (TSX: FIH.U) has announced a significant move in its investment strategy by entering into an agreement through its wholly-owned subsidiary to invest INR 6,955 million (approximately $83 million USD) for a 65% stake in Global Aluminium Private Limited (“Global Aluminium”). The transaction, pending customary closing conditions, is expected to finalize in […]
Hero MotoCorp, India’s largest two-wheeler manufacturer, is reportedly in advanced discussions to invest Rs 900 crore in Bengaluru-based electric vehicle startup Altigreen Propulsion Labs. According to The Economic Times, this investment is aimed at entering the electric three-wheeler market, signaling Hero MotoCorp’s expanding ambitions in the electric vehicle (EV) sector. Key Details of the Proposed […]
