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Will evaluate possible separation of financial services biz: TVS Motor Co Chairman
TVS Motor Company is exploring options for its financial services arm. The company chairman mentioned a possible separation to unlock shareholder value. TVS Credit has grown significantly, managing assets over thirty thousand crore. International business is expected to grow in Africa and Asia. The company continues investing in technology and new products for growth.
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thehindubusinessline.com
TVS Motor indicates it may spin-off financial services business in future at ‘appropriate time’
TVS Motor hints at a potential spin-off of its financial services unit, TVS Credit, to enhance shareholder value.
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TVS Motor bets on premiumization and EVs to drive next phase of growth
TVS Motor focuses on premium motorcycles and electric vehicles to drive growth, expanding its international presence and launching new models.
