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Volkswagen, Ford To Exit Auto Finance Business In India: Report


Volkswagen, Ford To Exit Auto Finance Business In India: Report
Volkswagen, Ford To Exit Auto Finance Business In India: Report
Volkswagen Finance Private Ltd, the German carmaker s finance arm, stopped giving loans to car buyers in India last year.
Dealers typically need credit to buy cars from automakers which they then sell on to customers.
The auto financing arms of Volkswagen AG and Ford Motor Co plan to stop giving new credit to car buyers and dealers in India and will exit from the country, sources aware of the development told Reuters.
Volkswagen Finance Private Ltd, the German carmaker s finance arm, stopped giving loans to car buyers in India last year and in May told dealers of all VW brands, which includes Volkswagen, Skoda and Audi, to find other financing, two sources with direct knowledge of the talks said. ....

Ford Motor Co , Volkswagen Finance Private Ltd , Finance Private Ltd , Ford Motor India , Volkswagen Finance , ஃபோர்ட் மோட்டார் இணை , நிதி ப்ரைவேட் லிமிடெட் , ஃபோர்ட் மோட்டார் இந்தியா , வோக்ஸ்வாகன் நிதி ,

Jaypee Infratech's CoC defers voting on Suraksha Realty's resolution plan


Jaypee Infratech’s CoC defers voting on Suraksha Realty’s resolution plan
May 24, 2021
CoC decided to put to vote the final Resolution Plan on May 28
The Committee of Creditors (CoC) of Jaypee Infratech decided to defer the voting scheduled to commence from May 24, 2021 on the final Resolution Plan of Suraksha Realty Ltd along with Lakshdeep Investments and Finance Private Ltd and other items.
The CoC also decided to put to vote from May 27, 2021 to May 28, 2021 the proposal of allowing further time to both Resolution Applicants for submitting final Resolution Plan; and other items, as per Jaypee Infratech’s regulatory filing. ....

India General , Jaypee Infratech , Suraksha Group , Resolution Plan Of Suraksha Realty Ltd , Committee Of Creditors Co , Resolution Plan , Suraksha Realty Ltd , Lakshdeep Investments , Finance Private Ltd , Resolution Applicants , Yamuna Expressway , Defers Voting , Suraksha Realtys Resolution Plan , இந்தியா ஜநரல் , ஜெய்பீ இன்ப்றதேச் , சுரக்ஷா குழு , குழு ஆஃப் கடன் வழங்குநர்கள் இணை , தீர்மானம் திட்டம் , சுரக்ஷா ரியல்டீ லிமிடெட் , நிதி ப்ரைவேட் லிமிடெட் , யமுனா அதிவேக நெடுஞ்சாலை ,