The company informed that The Phoenix Mills Limited and its subsidiaries have jointly signed a non-binding term-sheet with an affiliate of GIC Private limited ('GIC'), for formation and development of a strategic retail-led mixed use platform ("Proposed Transaction"). READ MORE
are once again expected to be in focus. Hero MotoCorp sold 5.91 lakh units of motorcycles and scooters in November 2020, against 5.16 lakh units in November 2019. Tata Motors' November sales also grew to 49,650 vehicles from 41,124 units in the year-ago period. And, Eicher Motors sold 63,782 units of motorcycles in November 2020, against 60,411 units in November 2019.
As per reports,
ICRA has assigned 'ICRA A1+' rating to the company's issue of commercial paper programme of up to Rs 1,500 crore.
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