BYD India might not admit it, but its operations are under scrutiny. Just like those of Shanghai Automotive Industrial Corporation, which sells cars under the Morris Garages brand in India.
Following the transaction which is expected to be completed by November, Dassault Reliance Aerospace Ltd will become an associate company, with Reliance retaining a 49% stake.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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