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November 29, 2025
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Mitsubishi Electric to Set Up Plant in India, Create Over 2,000 Jobs

admin11 months ago04 mins

Electronic equipment manufacturer Mitsubishi Electric India has decided to set up a new manufacturing unit in Tamil Nadu at an investment of about Rs. 1,891 crore and the foundation stone was laid by Chief Minister M K Stalin here on Tuesday. To set up the factory in neighbouring Tiruvallur district, top officials of Mitsubishi Electric…

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Honda, Nissan Aim to Merge in 2026 as Talks Kick Off: Reports

admin11 months ago04 mins

Honda Motor and Nissan Motor are looking to finalise a merger agreement as soon as June after negotiations begin later Monday, and may combine in 2026, Japanese media reported, citing unidentified sources. The two automakers plan to create a holding company that would be helmed by a president picked by Honda, Japanese broadcaster NHK said….

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Honda Crafts Nissan Rescue Plan That Plays Out Over Years

admin11 months ago010 mins

Honda Motor sketched plans for a drawn-out deal that amounts to an acquisition of Nissan Motor, as Japan’s automakers struggle to keep up in an increasingly competitive global car industry.The two announced a tentative agreement Monday to set up a joint holding company that will aim to list shares in August 2026. While their executives…

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