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ASIA MOTORWORKS
Triton guarantee for AMW Motors encashed as it fails to payTriton had offered ₹210 crore in cash to creditors of AMW Motors at more-than-94% haircut to lenders that have admitted claims of ₹3,756 cr...- Triton EV approaches Supreme Court to be able to bid for AMW subsidiaryOn September 1, 2020, the Ahmedabad bench of the National Company Law Tribunal (NCLT) admitted the company under the Corporate Insolvency R...
- AMW lenders okay IBC plan; Triton EV to take over Bankrupt AMW Trucks assetsLenders led by IDBI Bank and Indian Overseas Bank (IOB) approved Triton's plan by near absolute majority or 99.60% but with a deep haircut ...
- Piaggio wants a piece of the e-commerce, last-mile delivery pie with its new electric three-wheelersThe company - the second-largest three-wheeler maker in the country - has showcased its electric goods carrier to leading e-commerce player...
- Buy Automotive Axles; target Rs 1,898: LKP SecuritiesBuy Automotive Axles at a price target of Rs 1898.
- Whistle-blower levels fresh allegations of quid pro quo deals against ICICI's Chanda KochharIt is now being alleged that Ruias of Essar got undue favours from ICICI Bank for round-tripping investments into Deepak Kochhar's NuPower ...
- Whistleblower levels fresh allegations against KochharOn Mar '16, he had written letter to PM alleging dirty dealings between bank & Videocon Group.
- UberEXCHANGE program finalists announced at GESThe finalists were chosen through a rigorous selection process anchored by T-Hub, Telangana's flagship startup incubator and accelerator.
- Learn-plan-do, the VMP QAIS way: Tripti Lochan, CEO-AsiaVML Qais, WPP Group’s full-service digital agency network and a part of the VML Network recently announced its official launch in India.
- Agni V: Canister storage gives N-capable missile flexibilityThe maiden test of Agni V, designed to carry a 1.5-tonne nuclear warhead, expectedly generated waves around the globe.
- 'Our aim is to progressively cover entire HCV market'Anirudh Bhuwalka, MD & CEO, AMW, shares his views on the impact of the economic slowdown on the heavy vehicles industry and talks about the...
- Gujarat auto sector to employ 8 lakh in 3 years; Ford, Maruti among others to hireMaruti's Bhargav estimates the upcoming plant will grant employment to 1.5 lakh. Peugeot, Hero Honda, Bajaj, too, are in talks with the sta...
- Central Bank, AMW in MoU for financing vehiclesCentral Bank of India has inked a memorandum of understanding (MoU) with commercial vehicles-maker Asia MotorWorks (AMW) for financing to A...
- Cummins, partners to invest Rs 1,390 cr over five yearsGlobal engines major Cummins said it will invest $300 million (about Rs 1,390 crore) with local partners in India over the next five years ...
- Investing from tax havens to get toughSubsidiaries of Indian cos in tax havens will be required to have biz ops in those countries to be eligible to make investments in India. N...
- FIPB nod for 30 FDI-boosting proposalsThe move could boost FDI inflows at a time FII money worth $12 billion has left the bourses. The clearance of such proposals increased at l...
- FIPB rejects revenue dept’s case on FDI checksThe Foreign Investment Promotion Board (FIPB) has overruled the department of revenue’s (DoR) concerns over round tripping of funds and tre...
- Government steps up vigil on FDI inflowsSeveral proposals, especially those involving flow of FDI from Mauritius and Cyprus, have been put on hold during recent weeks.
- Companies take steps to woo blue-collar workforceRealising that the lack of skilled workforce is troubling the new economy, old economy firms are taking new HR initiatives. MBA not enough ...
- BorgWarner plans unit near ChennaiBorgWarner Cooling Systems India, a subsidiary of BorgWarner, US, which manufactures emission & thermal products for all major automotive O...
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