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"The company is doing the groundwork and talking to investors to get a sense on pricing," said a foreign banker, who is a part of the discussions. "Once there's more clarity on pricing and demand, they will finalise the details and tap the market," the banker said.
Gujarat's EV ecosystem is expanding owing to investments in manufacturing, charging infrastructure, and battery technology. MG Motors, Maruti Suzuki, and Tata Motors has set up their plants in the state. Besides, public charging stations have also increased to over 600. Many startups are also contributing to the EV ecosystem of the state.
The Gujarat police have seized drugs worth Rs 5,956 crore and arrested 48 foreign nationals involved in drug trafficking over the past two years. The state government addressed concerns from the opposition Congress regarding drug seizures at the Adani Group-run Mundra port, stating that drug seizures have occurred at other ports as well. The government emphasized its seriousness in tackling the issue and highlighted the high conviction rate in drug-related cases.
India Business News: Mumbai airport news: The government has instructed Mumbai airport to reduce the number of scheduled flights and limit the movement of business jets du
Last month, the Supreme Court had refused to issue any directions or interfere with the investigation of SEBI into the Adani-Hindenburg Research controversy.