Tag: expansion

Pankaj Murarka discusses Tesla\’s entry into India, emphasizing its impact on the luxury electric vehicle market, global vendors, auto ancillary companies, and the growth of the Indian passenger vehicle market.

Grupo Financiero Banorte (GFNORTEO.MX), one of Mexico\’s largest financial groups, reported a robust first quarter with a 9% increase in net income and a 134 basis point improvement in return on equity (ROE). The bank\’s management discussed the positive momentum of the Mexican economy, driven by domestic demand, and a moderate inflation climate that allowed for a recent rate cut by the central bank.