{"id":600273,"date":"2023-08-30T10:22:27","date_gmt":"2023-08-30T04:52:27","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=600273"},"modified":"2023-08-30T11:13:06","modified_gmt":"2023-08-30T05:43:06","slug":"escorts-kubota-mulls-sale-of-railway-equipment-unit-to-focus-on-tractors","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/escorts-kubota-mulls-sale-of-railway-equipment-unit-to-focus-on-tractors\/","title":{"rendered":"Escorts Kubota mulls sale of railway equipment unit to focus on tractors"},"content":{"rendered":"<p>BENGALURU (Reuters) &#8211; India&#8217;s Escorts Kubota is considering selling its railway equipment business as it plans to focus on its core tractor business, CNBC-TV18 reported on Tuesday, citing sources with knowledge of the matter. <\/p>\n<p>The report said the company is in talks with investors for a possible sale but did not name them or give a potential deal value. Escorts Kubota told CNBC-TV18 that the news was speculative. <\/p>\n<p>Escorts Kubota, which has a market capitalisation of 328.37 billion Indian rupees ($3.97 billion), did not immediately respond to Reuters&#8217; request for comment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BENGALURU (Reuters) &#8211; India&#8217;s Escorts Kubota is considering selling its railway equipment business as it plans to focus on its core tractor business, CNBC-TV18 reported on Tuesday, citing sources with knowledge of the matter. The report said the company is in talks with investors for a possible sale but did not name them or give a potential deal value. Escorts Kubota told CNBC-TV18 that the news was speculative. Escorts Kubota, which has a market capitalisation of 328.37 billion Indian rupees ($3.97 billion), did not immediately respond to Reuters&#8217; request for comment.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,256],"tags":[],"class_list":["post-600273","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-railways-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/600273","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=600273"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/600273\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=600273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=600273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=600273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}