British Prime Minister Boris Johnson is set to announce a sovereign guarantee for a $1 billion World Bank loan for India to develop green infrastructure, three sources familiar with the matter told Reuters on Monday.
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Ford, Mahindra had plans to build SUVs, share powertrains Ford renegotiating all projects with Mahindra - sources
NEW DELHI/DETROIT, Feb 18 (Reuters) - Ford Motor has frozen all projects it was working on with Mahindra & Mahindra while it finalises a new India strategy, three people familiar with the U.S. carmaker’s plans told Reuters, weeks after the two companies called off their planned joint venture.
“The options could include working out a new relationship with Mahindra or ending the relationship and related vehicles completely,” one of the sources said.
The two other sources said they expect Ford to make a decision in about a month on whether to proceed with Mahindra in a different form or not, adding Ford Chief Executive Jim Farley wants to see a path to greater profitability in India.
Ruma Paul, Krishna N. Das
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DHAKA/NEW DELHI, Jan 11 (Reuters) - Serum Institute of India will sell the AstraZeneca coronavirus vaccine to Bangladesh at $4 a dose, three sources with knowledge of the mater told Reuters, about 47% more than India will pay for its inoculation campaign.
The pricing for Bangladesh, the world’s eighth-most populous country, provides a first glimpse of what it will cost other low- and middle-income countries that are seeking to secure the vaccine developed by British drugmaker AstraZeneca with Oxford University.
Bangladesh, a country of more than 160 million people, in November signed a preliminary agreement to buy 30 million doses of the shot from Serum - the world’s biggest vaccine maker by volume.