Hero Motocorp Further Augments Its Scooter Portfolio

Launches The New Connected Pleasure+ Xtec To Give A Wider Choice Of Scooters To Customers In The Festive Season Aligned to its aggressive growth strategy in the scooter segment, Hero MotoCorp the world’s largest manufacturer of motorcycles and scooters, today launched the new Pleasure+ ‘XTec’. The Pleasure+ XTec adds to the ever-growing appeal of the iconic Pleasure brand. The…

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Tata Motors to raise $1 BN in its Passenger Electric Vehicle business at a valuation of upto $9.1 BN from TPG Rise Climate

Mumbai, October 13, 2021: Tata Motors Ltd (TML) and TPG Rise Climate have entered into a binding agreement whereby TPG Rise Climate along with its co-investor ADQ, shall invest in a subsidiary of Tata Motors that will be newly incorporated. TPG Rise Climate along with co-investors shall invest Rs 7,500 Cr in compulsory convertible instruments…

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