Infusion to fund expansion of product portfolio, R&D & operations The Board of Directors of Ashok Leyland have approved an investment of Rs. 1200 cr. in Switch Mobility as equity through its holding company Optare PLC UK. The funds infused will be used for capital expenditure, R&D and meeting operational requirements both in UK and India. The funds […]
Tag: Corporate
TVS Automobile Solutions to acquire Mahindra First Choice
In a share swap transaction, Mahindra & Mahindra will secure a stake in TVS Automobile Solutions, thus empowering the partners and employees to drive growth through digital solutions Mahindra First Choice Services Ltd. (MFCSL), the well-known pan-India chain of multi-brand car and two-wheeler service workshops, part of the Mahindra Group, announced a plan to integrate […]
Webasto develops Compact HEPA Air Filtration System
Beneficial for Rescue and Local Public Transport Vehicles Webasto, the specialist in heating and air conditioning systems, is offering HEPA air filtration systems for rapid and simple retrofitting. The “HFT 300” and “HFT 600” filtration systems can be retrofitted to all vehicle interiors, for example ambulances, buses and streetcars. They are capable of filtering particles […]