Photo: Pradeep Gaur/Mint
Holcim Group Likely To Exit India After 17 Years In Market
The world's largest cement maker, Holcim Ltd, is mulling over the sale of Ambuja Cements Ltd and ACC Ltd, according to some people privy to the matter. Holcim had entered India seventeen years ago, and can now possibly leave the market. This is in line with its global strategy to shift focus to other markets. The cement behemoth reportedly held some negotiations with the Adani Group and the JSW too.
Tags: business, cement, Ambuja cements, Adani Group, JSW
Courtesy: The Economic Times
Photo: The Economic Times
JSW Group Offers Incentive Of Rs 3 Lakh To Employees For Buying EVs
With an aim to promote electric vehicles, Mumbai-based conglomerate JSW Group announced to provide an incentive of Rs 3 lakh to its employees for buying an EV starting from January 1. The company will also provide free-of-cost dedicated charging stations and parking slots at its offices. The offer is available on both a two-wheeler and four-wheeler. However, it makes the company the first to do so in India.
Tags: EV, employees, JSW, Incentive, New Year
Courtesy: Hindustan Auto
