He said domestic groups such as Mahindra and Tata are successfully competing and winning against global players in the domestic automotive sector, encouraging them to replicate it in the world market.
Get latest articles and stories on Latest News at LatestLY. Canada Pension Plan Investment Board (CPPIB) will invest Rs 2,600 crore to acquire 49 per cent stake in TATA Realty and Infrastructure s two premium commercial office projects at Chennai and Gurugram, and their joint venture plans to further invest Rs 2,000 crore to buy land and completed assets for future growth. Latest News | CPPIB to Invest Rs 2,600 Cr for 49 Pc Stake in TATA Realty s 2 Office Parks.
Akshay Taneja, MD, TDI Infratech said that RBI s steps are unlikely to provide a significant lift to the market, but they are expected to provide downside support and enhance investor confidence.