The combined solution will offer mobility providers a dynamic rewards platform.
In May 2023, the company’s domestic sales of passenger vehicles stood at 45,878 units.
According to Aditya Birla Capital Ltd., the preferential issuance would take place at a cost of Rs 165.1 per equity share and is pending approval from shareholders.
The floor price for the two-day OFS is set at ₹225 per share.
According to the filings, the company has raised secured loans totaling Rs 5,799 crore.
The Confederation of Indian Industry's (CII) Green Business Centre developed the GreenPro ecolabel.
Recommendation: Add; Target Price: Rs 165
Tata Motors raised $1 billion for EV arm from TGP Rise Climate in 2021. M&M raised $250 million from BII in 2022.
India's steel demand is projected to reach 136.97 MT in FY25, growing at 6.3%.
The company has also announced revisions in other soda grades of soda ash across the country.