Exicom has acquired US-based Tritium for USD 37 million to leverage its DC fast charging technology for EV solutions in India. The acquisition includes Tritium’s workforce and facility in Tennessee. Exicom plans to establish a new manufacturing unit in Hyderabad by 2025 to enhance its EV infrastructure capabilities.
Related Posts
Reliance Infra, Power shares decline after SEBI bars Anil Ambani from securities market
Anil Ambani and 24 other entities including former key officials of Reliance Home Finance Limited (RHFL) faced a five-year ban imposed by Sebi from the […]
Income Tax Return Filing: Which salaried employees need to submit investment proofs to cut tax outgo?
- staff
- January 9, 2025
- 0
Salaried employees opting for the old tax regime for FY 2024-25 must submit investment proofs to claim exemptions and deductions. The new tax regime requires […]
New bank locker rules: Amendments to nomination rule for bank lockers, deposits proposed – here’s what you should know
Banking Laws (Amendment) Bill, 2024: When there are multiple simultaneous nominees, the nomination will be effective in a predetermined proportion. In the case of successive […]