Maruti Suzuki plans phased localisation of EV components in next few years

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  The auto major aims to drive in multiple electric models across bodystyles and set up charging infrastructure across the country as it looks to attain leadership in the segment   Maruti Suzuki India plans to localise battery production and other critical components over the next few years as part of strengthening the overall EV…

Vedanta’s demerger plan gets NCLT nod; can now split business into 5 units

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The ruling clears way for Vedanta’s vast operations to split into five separate units, of which four will focus on aluminum, power, oil & gas, and iron ore, respectively Vedanta Ltd on Tuesday secured approval from the National Company Law Tribunal (NCLT) bench in Mumbai to break up the oil-to-metals conglomerate into five separate units,…