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GM closes loan of Rs 1000 CR PSU banks

Written on:August 1, 2010
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CRANBURY: Gourgaud Gallery booked through 2012
Maria Prato, Staff Writer CRANBURY — Finding an empty spot on Gourgaud Gallery’s walls could be difficult for any up and coming artists since the schedule has been booked through 2012.

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GM finalises Rs 1,000-cr loan from PSU banks
GENERAL Motors (GM) India on Sunday said it had raised a Rs 1,000-crore loan from a consortium of Indian banks to part-fund a $250 million (nearly Rs 1,160 crore) investment for launching five vehicles from the stable of its Chinese partner, Shanghai Automotive Industry Corporation (SAIC), by 2012. “By the end of 2012, we plan to launch five vehicles from SAIC in India. Three of them will be …

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