Post Tagged with: "merges"

Maruti merges technology and affordability in Celerio

Maruti merges technology and affordability in Celerio

Srikant J   Once every few years there comes a vehicle that challenges the set perceptions of the public about a particular segment of cars. The iconic M800 started it in the mid-80s; Toyota Qualis did it for MUVs and Mahindra Scorpio did so for the SUV segment. Maruti Suzuki now banks on the Celerio, with its much acclaimed first-in-the-country[Read More…]

by July 28, 2014 Mobilised

Kar Mobiles merges with Rane Engine Valves

Rane Group, one of India’s leading auto component manufacturer, today announced merger of Kar Mobiles Limited (KML) with Rane Engine Valve Limited (REVL) effective 1st April 2014. The board of directors of both the companies approved the merger in their respective meetings held today. The exchange ratio will be 7 shares of REVL for every 10 shares of KML. The[Read More…]