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Tata Motors will reportedly shut its commercial vehicle plant in Jamshedpur for five days amid slowing demand. The plant, which had already shut for three days from 6 November 2008 will be closed again from 25 to 29 November 2008, the reports suggested.
Reliance Industries is reportedly looking to raise Rs 5000 crore in debt from commercial lenders and institutional investors including the Life Insurance Corp of India, mutual funds and pension funds.
Omaxe said today (24 November 2008) Sukhversa Properties is no longer a subsidiary after the company sold 26 lakh shares in the unit.
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