Sunday, March 14, 1999
Fiat set to hike stake in Ind Auto
Fiat Spa of Italy has been allowed by the Foreign Investment Promotion Board (FIPB) to subscribe to Rs 106 crore worth preference shares in Ind Auto Limited.
NHAI sets up SPVs for fund mobilisation
The National Highway Authority of India (NHAI) -- needing funds from all possible sources to implement their ambitious road projects -- has set up companies called the Special Purpose Vehicles (SPVs) for the first time.
Renault may buy stake in Nissan
The troubled Japanese carmaker Nissan Motor Co Ltd is expected to reach a tie-up agreement early next week with Renault Sa of France.
|
|
