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Tag Archives: South Korea

Tata Motors to raise Rs 500 crore through NCDs

Tata Motors has received an approval to raise Rs 500 crore through issuance of Non-Convertible Debentures (NCDs) on private placement basis. The company’s Authorized Committee in its meeting held on June 21, 2017 has approved the issuance of up to 5,000 Rated, Listed, Unsecured, 7.50% Coupon, Redeemable, NCDs of face ... Read More »

Motherson Sumi Systems lines up capex of Rs 2,000 crore for FY18

Motherson Sumi Systems (MSSL), an auto component major, has earmarked Rs 2,000 crore capital expenditure for the current fiscal 2017-18. The investment would mainly go into the upcoming nine manufacturing plants across the world. The company is coming up with three plants in India, three in Hungary, one each at ... Read More »

Tata Motors launches mid-sized sedan Tigor in Chennai

Tata Motors, one of the pioneers in Indian automobile industry, has launched its new car Tigor in both petrol and diesel variants in Chennai. The car was launched in six colours and four variants at an introductory price of Rs 4.82 lakh for petrol (base model) and Rs 5.74 lakh ... Read More »

Tata Motors’ arm reports 19% rise in U.S. sales in March

Tata Motors’ subsidiary — Jaguar Land Rover (JLR) has reported its best-ever sales month in March 2017 in the US. The company’s US sales for both brands hit 12,918 units, a 19% increase from 10,866 units in March 2016. While Jaguar sales were 4,953 units, a 132% increase from 2,133 ... Read More »

Japan hotel removes books on ‘comfort women’ before Asian Winter Games

Tokyo: Controversial material on “comfort women” that sparked diplomatic tension between Japan and South Korea is being removed from a hotel ahead of the 8th Asian Winter Games (AWG) in this country, a media report said. The APA hotel is designated to host athletes during the AWG to be held in Sapporo and Obihiro between February […] Read More »