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While India s steel magnate Jindal s entry into the auto sector will boost competition, MG Motor will have more money to fund its expansion and innovation drive, aiming to get ahead in the EV car segment while the giants are still behind. ....
Future Group: In a financial maneuver that has raised eyebrows, Jindal (India) has submitted a bid of ₹301 crore for the debt-laden Future Enterprises (FEL), a sum that amounts to less than 3% of the staggering ₹12,265-crore loan exposure, rendering it almost inconsequential to the lenders, according to individuals familiar with the bidding process. ....
In a financial maneuver that has raised eyebrows, Jindal (India) has submitted a bid of ₹301 crore for the debt-laden Future Enterprises (FEL), a sum that amounts to less than 3% of the staggering ₹12,265-crore loan exposure, rendering it almost inconsequential to the lenders, according to individuals familiar with the bidding process. ....
Badish Jindal, a Ludhiana-based industrialist, is a relentless advocate for the Indian MSME sector. He has a remarkable journey of accomplishments, battling corruption, and striving to uplift the struggling MSMEs in India. ....