Tata Motors' subsidiary Tata Passenger Electric Mobility Limited (TPEML) signed a tripartite MoU with Ford India and the Government of Gujarat to take over Ford's passenger vehicle manufacturing plant at Sanand.
The World Bank has slashed its growth forecast for India for the current financial year to 7.5 percent, a hefty 1.2 percentage points down from its previous forecast of 8.7 percent.
EXAMIANS