4 insights to kick-start your day, featuring Classic Legends’ INR875 crore fundraise

Fund infusion In the news. M&M-backed Classic Legends to get INR875 crore infusion. Inside the news. Classic Legends needs funds for new investments since it has not generated profits in the last three years. “The investment may go towards new product development, plant and machinery, working capital needs, and some to write off previous years’ losses,” says auto-industry veteran and consultant HS Goindi. The mid-weight motorcycle segment