Samvardhana’s Japanese buy opens up new business https://ift.tt/zyHIZxs Motherson, a demerged subsidiary of Motherson Sumi, has acquired 81% stake in the four-wheeler business of Honda Motor's subsidiary for nearly Rs 1,300 crore. The acquisition will enable SAMIL to make a foray into the high-growth segment of sunroofs in automobiles
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
Comments
Post a Comment