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Hyundai, Kia invest additional US$250M in Grab; pilot EV projects

Green Car Congress

Southeast Asia’s leading O2O (online to offline) mobile platform, announced an agreement under which Hyundai Motor Company and Kia Motors Corporation will invest an additional US$250 million into Grab and establish a partnership to pilot EV programs across Southeast Asia. Hyundai Motor Group and Grab Holdings Inc., billion raised.

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Toyota begins collaboration with Grab on ride-hailing service in Southeast Asia; MSPF

Green Car Congress

Toyota Motor Corporation (TMC), Toyota Financial Services Corporation (TFS), Aioi Nissay Dowa Insurance (Aioi) and Grab, Inc. Grab offers the widest range of on-demand transportation services in the most markets in Southeast Asia, with more than 55 million app downloads and more than 1.2 Earlier post.).

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Climate Disclosure Standards Board Proposes New Framework for Data Reporting at World Business Summit

Green Car Congress

Unveiled at the World Business Summit on Climate Change in Copenhagen, the proposals take the form of a global framework that clarifies which climate change data should be reported by corporations and provides management with a set of guidelines designed to streamline disclosure procedures.

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Greenius Goes All AB 811 Over Green Task Force

Creative Greenius

Creative Greenius talks AB 811 Financing to the Green Task Force / photo (c) Debra Bushweit Galliani. Click Here to Download a PDF copy of my presentation ). Click Here to Download a PDF copy of my presentation ). I bring the same level of focus, dedication and work ethic to the pro bono work I’m now doing.

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Three veterans join leadership team of Lohum Cleantech – ET Auto

Baua Electric

The company onboarded veteran investor Sachin Maheshwari as Head of Corporate Development, finance leader Nitin Goel as Chief Financial Officer (CFO), and R&D Pioneer Chidambaram Mandan as Vice-President and Head of R&D and Quality Control.

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Vedanta secures 11-year INR 3,900 cr loan from PFC – ET Auto

Baua Electric

Mining conglomerate Vedanta Ltd has secured an 11-year term loan of INR 3,918 crore from Power Finance Corporation Ltd ( PFC ), sources said. The latest financing follows Vedanta group’s takeover of Meenakshi Energy Ltd on December 28 in an NCLT-driven insolvency process.

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SAIL directors suspended after Lokpal concludes discrepancies in commercial deals – ET Auto

Baua Electric

A company statement said the Steel Ministry suspended V S Chakravarthy, Director (Commercial), and A K Tulsiani, Director (Finance). We are dedicated to uphold the highest standards of corporate governance and ethical conduct.”