Meru may explore merger with Mahindra group company, Auto News, ET Auto

Meru’s investors, private equity fund True North, and its promoters Neeraj Gupta and Farhat Gupta, have exited the business, after selling their stakes to M&M.
Meru’s buyers, private equity fund Real North, and its promoters Neeraj Gupta and Farhat Gupta, have exited the company, after promoting their stakes to M&M.

Mahindra & Mahindra may possibly merge Meru with a group corporation – most probable Mahindra Logistics – to usher in operational synergies and efficiencies next its complete acquisition of the radio taxi fleet operator, two folks acquainted with the make a difference reported.

The synergies with the logistics arm could be multi-faceted, because Mahindra Logistics is in the company of provide chain and business mobility, which contains assorted business verticals these as client goods, e

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Business Planet

The time period could discuss with a variety of human activity, from handicraft to excessive tech, but is most commonly utilized to industrial production, in which uncooked materials are remodeled into completed goods on a large scale. Companies are also generally distinguished into public corporations and private corporations for legal and regulatory functions. Private companies wouldn’t have publicly traded shares, and often contain restrictions on transfers of shares. In some jurisdictions, private firms have maximum numbers of shareholders.

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Hyundai Motors keen to set up facility in Haryana, Auto News, ET Auto

Hyundai Motors keen to set up facility in HaryanaChandigarh: Haryana Main Minister Manohar Lal Khattar named on Hyundai Motors India Managing Director Seon Seob Kim in this article on Thursday. Throughout the assembly, he was invited by the enterprise to inaugurate its recently-proven India headquarters in Gurugram.

Keeping the future in mind, the enterprise also expressed its desire to set up a new condition-of-the-art facility in the condition.

Khattar has acknowledged the invitation of the enterprise, stating that quickly a time will be provided to the business in this regard.

The Main Minister explained to the Hyundai Motors India official that Haryana is a rapid developing condition in

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GP Petroleum defers plans to build a new plant in Gujarat, Auto News, ET Auto

Prashanth Achar, CEO, GP Petroleums Limited
Prashanth Achar, CEO, GP Petroleums Restricted

New Delhi: GP Petroleums Ltd, maker and marketer of motor oil brand names Ipol and Repsol, has deferred plans for a new plant in Gujarat because of to the unstable current market ailments and slipping demand from customers, Prashanth Achar, CEO, GP Petroleums Restricted, informed ETAuto in an unique job interview.

“Last 12 months, we introduced the environment up of a new plant. But in the most up-to-date board assembly held 15 times back we made a decision to delay this because the current ailments will not get in touch with for it,” Achar

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Companies see sequential drop in revenue, margins, Auto News, ET Auto

New Delhi: Car marketplace, which has been in the limelight due to the fact the outbreak of the Coronavirus pandemic, will kick-off economical yr 2022 on a powerful be aware, as lots of analysts count on development in leading line yr-on-yr (YoY) across the sector because of to the very low foundation.

Meanwhile, the profitability is envisioned to be weaker by 50-900 bps on quarter-to-quarter (Q-o-Q) foundation because of to a sustained rise in enter costs and detrimental operating leverage. In accordance to analysts this should really be partly offset by cost preserving initiatives and price tag hikes.

The brokerage

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2022 Buick Encore Review, Ratings, Specs, Prices, and Photos

The 2022 Buick Encore doesn’t present the protection or luxury bona fides it wants to stand out.

What sort of auto is the 2022 Buick Encore?

The 2022 Buick Encore is a tiny crossover, the oldest in its manufacturer lineup. It is been surpassed by rivals that involve the Chevy Trax and Hyundai Location, not to point out Buick’s own appealing and perfectly-equipped Encore GX.

Is the 2022 Buick Encore a good auto?

Evaluate carries on under

We give the 2022 Encore a TCC Score of 4.7 out of ten. Security equipment is lacking. (Read through much more about

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2021 Mercedes-Benz S Class Review, Ratings, Specs, Prices, and Photos

What form of car or truck is the 2021 Mercedes-Benz S-Course? What does it assess to?

The 2021 Mercedes-Benz S-Course flagship is a sedan, coupe, and convertible that mix to established the sector standard for luxury and sophistication. It’s a strong, tech-abundant, and endlessly at ease car or truck that competes against the Audi A8, BMW seven-Collection, and Lexus LS. 

Is the 2021 Mercedes-Benz S-Course a fantastic car or truck?

Evaluation continues down below

The S-Course signifies the pinnacle of automotive artwork, with a sleek and silent ride, easy energy, coddling luxury, and the most recent in know-how. We fee

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