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Vikas Ecotech Ltd - Business Updates from the Specialty Polymer Compounds Division

Vikas Ecotech Ltd - Business Updates from the Specialty Polymer Compounds Division
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BYD proposes $1-B investment plan to build EVs, batteries in India- sources

BYD proposes $1-B investment plan to build EVs, batteries in India- sources
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Exclusive-BYD proposes $1 billion India plan to build EVs, batteries

NEW DELHI (Reuters) -China's BYD Co has submitted a $1 billion investment proposal to build electric cars and batteries in India in partnership with a local company, three people with direct knowledge of the plan told Reuters. BYD and privately held Hyderabad-based Megha Engineering and Infrastructures have submitted a proposal to Indian regulators to form an EV joint venture, the people said, asking not to be named because the application is private. The longer-term plan is to build a full line-up of BYD-brand electric cars in India from hatchbacks to luxury models, one of the three people said.

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Sensex rises over 350 points; Nifty tops 19,500; JBM Auto up 13%; Senco Gold lists at 36% premium

The 30-share BSE Sensex pack surged more than 350 points to trade above 65,900, while the broader NSE Nifty moved nearly 100 points higher to cross 19,500 level. Mid- and small-cap shares were positive as Nifty Midcap 100 moved 0.61 per cent higher and small-cap climbed 0.86 per cent.

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BYD proposes $1 bln India plan to build EVs, batteries

China s BYD Co has submitted a $1 billion investment proposal to build electric cars and batteries in India in partnership with a local company, three people with direct knowledge of the plan told.

United statesNew delhiOlectra greentechJacqueline wongSarita chaganti singhKevin krolickiAditi shahZoey zhangShivangi acharyaTata motorsHyderabad based megha engineeringMegha engineeringGreat wall motorBuild your dreams