VE Commercial Vehicles to invest Rs 544 crore to boost manufacturing in India

IANS | October 9, 2025 10:51 AM

New Delhi, Oct 9 (IANS) VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, on Thursday announced an investment of Rs 544 crore (about 576 million Swedish Krona) to set up a new factory for the production and final assembly of Volvo Group’s advanced 12-speed Automated Manual Transmission (AMT) systems.

InGovern flags tax disputes, royalty risks in LG Electronics India IPO

IANS | October 9, 2025 10:18 AM

Mumbai, Oct 9 (IANS) Governance advisory firm InGovern Research Services has raised several red flags for investors in LG Electronics India Limited’s initial public offering (IPO), warning that the company’s contingent liabilities, royalty payment structure, and related-party transactions could pose significant risks.