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INDIA CAR BIZ
Adani sets 1 billion tonnes cargo target by 2030 as APSEZ crosses 500 million tonnes milestoneAdani Ports aims for one billion tonnes of cargo by 2030. The company recently crossed the 500 million tonnes mark. This expansion supports...- CarTrade Tech shares jump 17% on acquisition of OLX India’s auto businessThe cost of acquisition of Sobek will be for a consideration of Rs 537.43 crore which is to be paid on the completion date of the acquisiti...
- From dirty steel to green biz, how JSW Group is reinventing itselfJindal recently told the Financial Times that using its mining experience, JSW would “100 per cent” be bidding for newly found lithium bloc...
- CarTrade Tech to invest $100 million, eyes new acquisitions to accelerate growthIn a bid to further strengthen its position as a leading automotive platform in India the group wants to strengthen itself by acquiring and...
- You might not be able to recover your investment in CarTrade even after a yearGoing by the views of the first analyst to start coverage on the stock, you might not recover your investment even after a year.
- ETtech Deals Digest: Cars24, Delhivery raise funds this weekOnline used car marketplace Cars24 and logistics startup Delhivery were among the companies that raised funds this week.
- CarTrade launches one-stop services platform to buy, sell pre-owned carsCarWale abSure showrooms are getting launched across nine cities -- Mumbai, Bangalore, Surat, Kanpur, Noida, Chennai, Bhopal, Kolkata and A...
- CarTrade Tech lists at 1% discount to issue priceAnalysts were largely expecting an 8-15 per cent listing gain for the stock.
- CarTrade Tech IPO allotment status: Here's how to check itThe issue, which was sold in Rs 1,585-1,618 price band, was subscribed 20.29 times on the closing day of the subscription on Wednesday.
- CarTrade Tech IPO opens Monday: Key things to know before applyingMumbai-based CarTrade Tech is a multichannel mobility platform that is looking to raise about Rs 2,999 crore from the primary market. Here ...
- CarTrade mobilises Rs 900 cr from anchor investors ahead of IPOThe initial share-sale will be entirely an offer for sale (OFS) of 18,532,216 equity shares.
- CarTrade Tech IPO to open on August 9; price band fixed at Rs 1,585-1,618The public issue of up to 1,85,32,216 equity shares is a complete offer for sale (OFS) by existing selling shareholders and the company wil...
- CarTrade files IPO papers with SebiThe IPO seeks to raise around Rs 2,000 crore
- Report on potential partners for PV biz ‘speculative’: TaMoThe company said it had informed the stock exchanges of the subsidiarization of the passenger vehicles business as part of an overall restr...
- Honda to invest Rs 9,200 crore, largest for India car bizThe fresh investment will double the company’s financial commitment in India to over Rs 18,500 crore since it began operations in 1998.
- For CarTrade, fortune lies in solving financing woesIn a market that does not inspire much confidence in financiers or buyers, the company has launched a certification service to provide qual...
- March Capital Partners makes final close of maiden fund at $240 millionSumant Mandal, partner at March Capital Partners said that the investment firm will continue to explore investment opportunities in Asia’s ...
- In a first, Bengaluru startups on Airbus radar for mentoring business ideas under BizLabsThe initiative is part of Airbus’ biz accelerator programme called BizLabs, under which the company will select ideas from across the world.
- Come out with a Nano-like model of IT: Narendra ModiModi stressed that the IT industry has to reinvent itself, focus on innovations and on systems rather than being comfortable with services....
- Auto finance majors tighten purse stringsThe demand derail in auto industry is prompting big boys of auto financing to cut back their exposure in market. Tips for car buyers | Moto...
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