South Indian Bank: Tata Motors ties up with South Indian Bank for commercial vehicle finance

Tata Motors on Monday said it has tied up with South Indian Bank to offer financing solutions to its commercial vehicle customers and dealerships. As part of the Memorandum of Understanding (MoU), South Indian Bank will offer financing solutions across the auto major’s entire commercial vehicle portfolio, Tata Motors said in a statement. “For our … Read more

Hyundai And Kia Join Baidu To Develop Connected Cars

Home Car And Bike South Korea’s Hyundai And Kia Join China’s Baidu To Develop Connected Cars Hyundai, Kia will utilize Baidu’s smart cloud computing technology to address enhancing data regulations. Hyundai Kia Baidu: Hyundai Motor, South Korea’s top carmaker, and its affiliate Kia said on Sunday that they have reached an agreement with Baidu, China’s … Read more

Tata motors new plant: Tata Motors signs MoU with Tamil Nadu govt for manufacturing plant; to invest Rs 9,000 crore over 5 years

Automobile giant Tata Motors and the Tamil Nadu Government have signed a Memorandum of Understanding (MoU) to build a vehicle manufacturing facility with an investment of Rs 9,000 crore over the next five years, the company said in an exchange filing on Wednesday. The agreement further bolsters employment generation in the state with a dedicated … Read more

China set to stay on neutral ground as a Red Sea storm brews over Ethiopia’s port deal with Somaliland

This deal would make Ethiopia the first nation to recognise the breakaway state. China views Somaliland as part of Somalia’s territory and an internal matter. However, Beijing has been apprehensive of growing ties between Somaliland and Taiwan since 2020, when they set up representative offices. “China supports the federal government of Somalia in safeguarding national … Read more