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Eicher Motors Unit to purchase Volvo India bus business

DSIJ Intelligence 0 1505 Article rating: 4.5

Eicher Motors on Thursday said that it has signed definitive agreements for the integration of Volvo Buses India business into VE commercial vehicles (VECV), an Eicher Motors’ arm that covers Eicher's commercial vehicles, components, and engineering design businesses as well as the sales and distribution of Volvo trucks.

Sensex, Nifty marginally down; Ashok Leyland zooms by more than 14 per cent, Bharat Forge gains 15.7 per cent

DSIJ Intelligence 0 1536 Article rating: 4.2

The Sensex opened in green and stayed like that for the first couple of hours after which it slipped owing to profit booking. It closed at 38310 levels, down by 59 points or 0.15 per cent whereas Nifty closed at the important support level of 11300 levels, down by eight points or 0.07 per cent.

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