After testing the ground for a few years, Japan’s Kubota Corporation is set to gain a stronghold on India’s vast tractor and agri-machinery market. Japan’s oldest tractor firm (established in 1890), now among the world’s foremost heavy machinery makers, will fork out around Rs 9,400 crore to acquire a 53 percent controlling stake in Escorts Ltd, up from its present 10 per cent stake. What does the deal mean for Escorts, its promoter group--the Nandas, Kubota and the tractor and agri-machinery market? Here are the...
Moneycontrol Pro Panorama | Heading towards capitulation?
Sep 27, 2022 / 02:19 PM IST
In today’s edition of Moneycontrol Pro Panorama: New opportunities and challenges for solar sector, slow GDP likely in India's future, online gaming ecosystem in trouble, what's driving the SME IPO frenzy, and moreRead Now
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