The project has been put on the block by Sydney-based Macquarie Group. Cube Highways, Sekura Infrastructure Fund of Edelweiss Group, and private equity firms Actis and KKR have shown interest in buying the projects.
Under the phased development plan of the EV Ancillary Cluster, the battery assembly line has been done to ensure that the company can have direct control on the quality and standards of its battery packs. It has recently rolled out the first batch of assembled battery packs from this unit, the company said.
Pre-used seems to be more attractive than a brand new vehicle in Covid times when money is tight and budgets tighter. And if the model is just a year old and comes at a 25% cheaper price tag, customers do not mind driving home their second-hand dream vehicle.
The Tata counsel said petitioner’s argument cannot be a ‘conversion argument’ and that there could only be an argument on Article 75.
SW Energy has already announced its plans to set up an electric car plant in Gujarat.
The Supply Chain Division is seeing the maximum number of functions being added and mid management high potential candidates are being promoted and made in charge of them.
The Chinese auto major today entered into an MoU with the Gujarat government to establish the plant at Halol, around 160km from here, where MG brand cars will be manufactured.
While Tata Motors was held vicariously liable and asked to pay Rs 1 lakh to the customer, the dealer has been directed to return the price of the vehicle, Rs 4.80 lakh, along with Rs 60,000 towards compensation for harassment and litigation costs.
| Name | DIN | Designation | Date of joining | |
|---|---|---|---|---|
| Pranav Nanda | Unlock to View | Unlock to View | Director | 20 Nov,2007 |
| Pramukh Nanda | Unlock to View | Unlock to View | Wholetime Director | 17 Jun,1995 |
| Mukkul Nanda | Unlock to View | Unlock to View | Managing Director | 18 Aug,1988 |
| Pravesh Nanda | Unlock to View | Unlock to View | Managing Director | 04 Oct,1985 |
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