investment
Mahindra Finance To Delay Q4 Results Due To Detected Retail Vehicle Loan Financial Fraud
Logistics News

IFC To Invest Rs 600 Cr In Mahindra’s Electric Mobility Business

The IFC, which is the lending division of the World Bank, has announced plans to invest Rs 600 crore in the Mahindra Group’s electric mobility business, with the aim of expanding its offerings of inexpensive electric three-wheelers and small commercial vehicles.Mahindra Group announced the investment in NewCo, its new subsidiary, via a stock exchange filing. […]

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Food/Entertainment News

Food Processing Industry Invests Rs 4,900 Cr Under PLI Scheme: Govt

The government on Thursday said that the food processing industry has invested Rs 4,900 crore so far under the production-linked incentive (PLI) scheme. The PLI scheme for the food processing industry was approved in March 2021, with a budget outlay of Rs 10,900 crore. It will be implemented for seven years, until 2026-27. “A total […]

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