Liberty House highest bidder for Amtek Auto acquisition

Liberty House highest bidder for Amtek Auto acquisition

This is a very proud moment for GFG Alliance and for my family, said Sanjeev Gupta on the Liberty House emerging as the highest bidder for Amtek Auto. Photo: Shendrew Balendran/Mint New Delhi: Liberty House, part of Sanjeev Gupta’s global industrial group GFG Alliance, on Wednesday said it has emerged as the successful highest bidder for Amtek Auto Ltd, paving the way for the former’s entry into the Indian market. “Liberty House…is set to make a dramatic entry into India after being chosen as preferred H1 bidder for Amtek Auto assets…

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Delhi’s Auto, Taxi Unions Withdraw Call for Strike on Monday

Delhi’s Auto, Taxi Unions Withdraw Call for Strike on Monday

Delhi Autorickshaw Sangh and Delhi Pradesh Taxi Union tonight withdrew their call for strike on Monday after the city government gave them a written assurance that their demands would be fulfilled. The two unions account for the major chunk of the autorickshaw and taxi drivers in the national capital. Rajendra Soni, general secretary of both the unions, said Delhi Transport Minister Gopal Rai has given them assurance. The strike was proposed in protest against app-based cab operators, and eight other unions which met the minister Sunday had already “distanced” themselves…

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Ola Auto Service Expanded to 12 More Indian Cities

Ola Auto Service Expanded to 12 More Indian Cities

Transportation mobile app Ola Wednesday launched auto rickshaws in 12 more cities, taking the service to a total of 24 cities across the country. Ola said it is targeting to serve at least two million daily rides by end of 2017 through its app by getting on-board hundreds of thousands of auto rickshaw drivers on its platform over the year in these cities. “Ola has over 1,00,000 auto rickshaws registered on its platform across 24 cities and plans to launch in more cities in the coming months,” the company said…

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