USHA-International - Latest News on USHA-International | Read Breaking News on Zee News

Usha sells stake in Honda Siel to Japanese partner for Rs180 crore

Last Updated: Friday, August 10, 2012, 19:15

Shriram group firm Usha International on Friday said it has exited from its joint venture with Honda Motor Company by selling its entire 3.16 percent stake to the Japanese partner for Rs 180 crore.

Usha sells stake in Honda Siel Cars to Honda Motor

Last Updated: Friday, August 10, 2012, 18:23

The proceeds from the stake sale will be used in the development of Usha's other businesses.