Following are the important reports carried by leading financial dailies and post market business news:
Business Line
Hero Motocorp signs up for greenfield plant in AP; to invest Rs 16 bn
Hero MotoCorp has entered into an agreement with the Andhra Pradesh Government for setting up a Greenfield two-wheeler manufacturing plant in Chittoor district. The company has been allotted a 600-acre site in Satyaveedu located adjacent to the Sri City multi-use project.
JLR launches locally made XJ petrol version
Jaguar India has launched the locally manufactured Jaguar XJ 2 L petrol LWB Portfolio. The luxury car that follows the launch earlier this year of the Jaguar XJ 3 litre diesel LWB comes at a cost of Rs. 93.24 lakh (ex-showroom Mumbai).
Maruti rolls out 25,00,000th vehicle from Manesar facility
Car market leader Maruti Suzuki's India (MSIL) Manesar facility crossed the 25 lakh production milestone this month.
NTPC signs MoU with AP Govt for setting up 4,000-MW project near Vizag
NTPC has drawn up plans to set up a 4,000-MW ultra mega power project at Pudimadaka near Visakhapatnam wherein it has been allotted 1,200 acres by the Andhra Pradesh Government.