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BREAKING NEWS
100Days: Thirike, Neestream and Gopi Make their Way into the India Book of Records
Complete All Pending Passenger Refunds by 8 pm on Sunday: Centre to IndiGo
Modi-Putin Summit Underscores India’s Tightrope Between Washington and Moscow: US Media
Uralungal Concrete Plant Gets BIS Certification for Quality
The Not-so-Secret Pillar Behind VinFast’s Rise and Rise Again
Convergence India Roadshow held at Infopark
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  • Automobile
  • VE Commercial Vehicles Limited Divests Entire Holding of Eicher Engineering Solutions

    By NE Reporter on March 20, 2017

    NEW DELHI:
    VE Commercial Vehicles Limited has divested 100% shares of Eicher Engineering Solutions Inc. (wholly owned subsidiary of VECV) in United States of America (USA) to SegulaTecnologias Espana, S.A.U., a Spanish corporation. The total enterprise value of this deal is $1,852,000 (One million eight hundred fifty two thousand US dollars) Commenting on this divestment, Vinod Aggarwal, MD & CEO VE Commercial Vehicles said.
    “This divestment is part of VECV’s focused plans towards driving modernization in commercial
    transportation in India and the developing world. Our immediate business outlook continues to remain positive and we are on track with all our strategic plans and initiatives.”

    Iscea

    NE Reporter

    Eicher Engineering SolutionsSegulaTecnologias EspanaVE Commercial Vehicles Limited

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    Live Updates

    • Complete All Pending Passenger Refunds by 8 pm on Sunday: Centre to IndiGo
    • Modi-Putin Summit Underscores India’s Tightrope Between Washington and Moscow: US Media
    • Uralungal Concrete Plant Gets BIS Certification for Quality
    • The Not-so-Secret Pillar Behind VinFast’s Rise and Rise Again
    • Convergence India Roadshow held at Infopark

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    What’s New ?

    • Complete All Pending Passenger Refunds by 8 pm on Sunday: Centre to IndiGo
    • Modi-Putin Summit Underscores India’s Tightrope Between Washington and Moscow: US Media
    • Uralungal Concrete Plant Gets BIS Certification for Quality
    • The Not-so-Secret Pillar Behind VinFast’s Rise and Rise Again
    • Convergence India Roadshow held at Infopark

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