Ford
General
Grapevine: Bain, KKR, CPPIB eye new deals; Advent moves ahead with twin exits
Bain Capital Private equity player Bain Capital, which recently raked in $448 million after offloading 1.1% stake in private lender Axis ......
Consumer
COVID deals new blow to foreign carmakers' Indian dream
Foreign automakers' hopes of a booming Indian car market are fading fast as a brutal second wave of COVID-19 infections ......
Consumer
Ford to decide on India investment plan in second half of 2021
Ford Motor Co expects to firm up capital allocation plans for India in the second half of 2021, a senior ......
Consumer
Ford and Mahindra to end collaboration on all projects in India
Ford Motor Co and Mahindra & Mahindra will not collaborate on any project they had agreed to as part of ......
Manufacturing
India to launch supercharged push for global electric vehicle players
India plans to offer fresh incentives to companies making electric vehicles (EVs) as part of a broad auto sector scheme ......
General
Zee, Sony call off stake sale talks; Sequoia Capital plans seed fund
A potential deal between media baron Subhash Chandra-led Zee Entertainment Enterprises Ltd and Japan’s Sony Corporation has been scrapped over ......
TMT
Mahindra & Mahindra leads $40 mn Series C round in car rental startup Zoomcar
Automotive major Mahindra & Mahindra Ltd has picked up a 16% stake in self-drive car rental startup Zoomcar for $27.6 ......
TMT
Intel forges deals in film, motor sports to push AI play
Chipmaker Intel Corporation is pushing its artificial intelligence capabilities by striking partnerships in industries such as motor sports and film ......
TMT
VCC Startups Weekly Wrap: Rivigo to enter unicorn club; Zoomcar to sign $50-mn deal
Unicorns – the newest and oldest – continue to make headlines. The biggest newsmaker of the week was online logistics ......
Manufacturing
TVS Motor buys into electric two-wheeler startup Ultraviolette
TVS Motor Company Ltd has acquired a 14.78% stake in electric bike maker Ultraviolette Automotive Pvt. Ltd for Rs 5 ......