India's second-largest e-bus maker finds itself entangled in FAME allegations over likely use of Chinese parts livemint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livemint.com Daily Mail and Mail on Sunday newspapers.
Govt fast-tracking bordering nations' FDI: Industry secy : Rashtra News The government is willing to look at the Phased Manufacturing Plan (PMP) for the AC industry to check imports and increase local value addition and employment, said industry secretary Anurag Jain. At an event organised by the Department for Promotion of Industry and Internal Trade
Budget 2024: AiMeD urges the Centre to address medical device import bill financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
According to sources in the know, the company is attempting to raise Rs 300 crore from existing backer GII and tie up the remaining funding of about Rs. 250 crore in form of debt for which it has tapped the credit fund arms of Edelweiss and Kotak. Hero Electric has offered to provide a land parcel in Gurugram as security to potential financiers.