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Amara Raja Energy & Mobility, India approves additional investment in Amara Raja Advanced Cell Technologies

On August 10, Amara Raja Energy & Mobility’s Board approved a further investment of up to INR 5 billion in its wholly owned subsidiary, Amara Raja Advanced Cell Technologies Private Limited, through loans, equity or other modes. This is in addition to an existing approval of INR 20 billion for setting up gigafactorie....

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