March 2018
3:30 PM IST
News Headlines
Home   | Main News   | Kerala  | National   | International  | Business   | Sports   | Entertainment   | Columns   | Offbeat   | About Deepika 
Business News
SAIC’s MG Motor India to invest Rs5,000 crore in next six years
(New Delhi, Mar 19, 2018):MG Motor India, a subsidiary of Chinese automobile manufacturer SAIC Motors, on Monday announced its decision to invest Rs5,000 crore over the next six years in the Indian market.

The company will launch its first product in the Indian market by the second quarter of 2019 and will subsequently launch one product every year till 2021.

The Chinese manufacturer will also venture into developing electric vehicles in India since it already boasts of the requisite technology.

MG Motor has also started inviting prospective dealers to its roadshows scheduled to be held in Mumbai on 28 March, in Delhi on 6 April and in Bengaluru on 16 April.

“Led by strong R&D efforts of its parent company SAIC, MG Motor India is also actively considering offering new energy vehicles and is keenly looking to work with all stakeholders involved to implement the technology commercially,” the company said in a press release.

Audi to hike car prices by up to Rs 9 lakh from April
RBI sets rupee reference rate at 64.9366 against US dollar
Indians choose travel over shopping, food: Survey
'Panama Papers' law firm shuts down operations
Delhi, Bangalore, Chennai among cheapest cities globally: EIU
Sensex extends losses, down 66 pts; Nifty below 10,400
SBI closes 41.2L SB accounts for not keeping minimum balance
RBI scraps bank LoUs in the aftermath of PNB fraud
Huawei, Savex Technologies partner for enterprise biz in India
Rupee opens 9 paise higher against US dollar
Sensex cautious on weak global cues; TCS cracks 5%
Rupee rises 23 paise against dollar in opening trade
Sensex rallies 301 pts ahead of IIP, inflation data
India braces for Donald Trump's reciprocal tax, may fight it in WTO
Sensex ends marginally lower on late sell-off
Rupee rebounds 4 paise in opening trade
Tata Steel could pip JSW to emerge as highest bidder for Bhushan Steel
Gujarat Refinery to invest Rs 24k cr on projects till 2022
Beneficiaries can get foodgrain quota from any ration shops: Paswan
Sensex rallies 300 pts, metal stocks rebound
Will go ahead with paddy field acquisition: Pinarayi Vijayan
 (Thiruvananthapuram, Mar 20, 2018): Kerala government today said it would go ahead with the a  
State BJP divided over KM Mani's NDA entry
National Defence College delegation calls on Kerala Governor
BJP leaders meet Mani at home
Fundamentals of China's economy are sound: Chinese Premier
 (Beijing, Mar 20, 2018): Playing down global concerns on systemic financial risks being faced
US should not act emotionally on trade: Chinese Premier
Islamabad still mulling Kabul's offer of talks, overtures
US senator introduces bill aimed at protecting call centre jobs
Ruckus forces adjournment of Rajyasabha, Loksabha
 (New Delhi, Mar 20, 2018): Ruckus created by parties from Andhra Pradesh and Tamil Nadu today
Another Periyar statue vandalised in Tamil Nadu
Rajya Sabha adjourns till tomorrow amid protests
Sasikala seeks 15-day parole to attend husband's funeral
Untitled Page
Rashtra Deepika LTD
Copyright @ 2017 , Rashtra Deepika Ltd.