Ultra Motor, a leading electric cycle and electric scooter manufacturer, has plans to invest Rs 150 crore in India over the next three years to expand operations and launch new products, including five new e-scooters this fiscal and an electronic bike in two years.

Apart from this, the company has also slashed the price of its electric scooters by 24% in Delhi following tax benefits offered by the state government for environment friendly electronic vehicles.

Yamaha Motor India, a 100% owned subsidiary of Yamaha Motors Company Limited of Japan., is all set to double its production capacity to 8 lakh units in next two years.

For fulfilling its proposed plan, the company is setting up additional facilities at its manufacturing plant in Surajpur, Uttar Pradesh.

Presently, the company's total production capacity at its Surajpur and Faridabad plants is 4 lakh units. The company utilizes 60-70% of its capacity.

The deadlock on the issue of small car project has been almost solved. The company is likely to resume its work at the site and launch Nano as per its planning. Meanwhile, Trinamool Congress leader Mamata Bannerjee has called off the agitation around the project site at Singur. She has directed all party workers to suspend the stir and let the work go.

Reliance Big Entertainment has bought majority stakes in Willow TV. Reliance Big Entertainment is a media and entertainment branch of the Anil Dhirubhai Ambani Group (ADAG), while Willow TV is the largest portal provider for cricketing actions in the world. The financial details for the acquisition are not disclosed by the companies.
 
The president of Reliance Big, Rajesh Sawhney explained the company’s plans for future investment in cricket portal. He disclosed that the company would invest Rs 300 crore for the portal.

The company is also planning to widen the coverage of Willow TV from net to mobile and TV. The company is a known name in film distribution in US.

Private equity (PE) player Kohlberg Kravis Roberts & Co (KKR) is keen to buy stake in Tech Mahindra. The stakes are currently with the UK telecom major British Telecom’s (BT).

India’s public sector company, Bharat Heavy Electricals is planning to invest INR 1,400 crore to increase its power equipment capacity. It would build a manufacturing facility for castings and forgings as per its planning.

The state run company has already formed a joint venture with Heavy Engineering Corporation to meet technical needs. The CMD of BHEL; Mr K Ravi Kumar explained the planes of company for the next fiscal.