Sanand
Tata Motors completes acquisition of Ford's Sanand manufacturing plant
Tata Motors on Tuesday said the acquisition of Ford India's manufacturing plant at Sanand through its subsidiary has been completed. In August last year, the company had announced that its arm Tata Passenger Electric Mobility Ltd (TPEML) would acquire Ford India Pvt Ltd's (FIPL) Sanand plant, Gujarat for Rs 725.7 crore. With the fulfilment of the necessary conditions, including receipt of relevant regulatory approvals, the parties have completed the transaction and TPEML has acquired the Sanand property and the vehicle manufacturing plant and machinery, Tata Motors said in a regulatory filing. Additionally, all the vehicle manufacturing employees were offered employment, and those who have accepted TPEML's offer of employment, have been transferred to the company and have become employees of TPEML with effect from January 10, it added. The acquisition included the entire land and buildings; vehicle manufacturing plant along with machinery and equipment and transfer of all eligible
 "Tata Motors completes acquisition of Ford's Sanand manufacturing plant")
Top headlines: Govt tries to revive mobile mkt, setting up GSTAT, and more
Business Standard brings you the top headlines at this hour
 "Top headlines: Govt tries to revive mobile mkt, setting up GSTAT, and more")
Lack of semiconductor to hit vehicle output at Ford's Chennai, Sanand units
Shortage has affected entire auto sector, may continue for at least first half of 2021, says company; During April-December period of current fiscal, Ford's production was down 56% YoY
 "Lack of semiconductor to hit vehicle output at Ford's Chennai, Sanand units")
Nivea to expand cream capacity at its Sanand plant by 100 mn units
For this, Nivea is planning to add two more high speed packing lines and one additional mixer by 2020, in addition to the current 11 filling and packing lines and six mixers
 "Nivea to expand cream capacity at its Sanand plant by 100 mn units")
Striking workers' agitation at Sanand fails to gather steam
90 of the 422 striking workers joined back work; workers plan another protest on March 28;
 "Striking workers' agitation at Sanand fails to gather steam")
Gujarat govt soon to recognise union at Tata Motors Sanand
About 384 workers and trade union leaders detained by police and later released for holding protests without permission
