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1 min read

Auto component maker Motherson to acquire Bengaluru-based Rollon Hydraulics

"Our focus on being a solutions provider to our customers has been a driving force for this acqu…

PTI   


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3 mins read

Auto components maker Craftsman Automation’s ₹150 crore IPO to hit the capital markets next week — price band fixed at ₹1,488–1,490

The ₹150 crore initial public offering (IPO) of auto and engineering components maker Craftsman Aut…

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3 mins read

Budget 2024 Expectations: FAME scheme, aid for vehicle scrapping and other expectations of the auto industry

The auto industry eagerly awaits Budget 2024 with expectations like FAME 3 scheme, incentives for h…

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3 mins read

Piyush Goyal visits Tesla's California facility, says US electric car maker to double Indian component imports

Piyush Goyal visited Tesla's manufacturing facility in California's Fremont.

ANI   


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4 mins read

Motherson Group to reportedly acquire Italian auto components maker Marelli – here’s what it means

Motherson Sumi already has past experience with Marelli – it had entered into a joint venture …

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1 min read

This auto component maker's shares more than doubled in last one year

During the entire session, the shares pared a portion of its intra-day gains and settled nearly …

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Elon Musk's Tesla looking at sourcing components worth $1.9 billion from India: Goyal

"Tesla already last year bought one billion dollars of components from I think all of you sittin…

PTI   


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4 mins read

Last day to bid for auto components maker Sansera Engineering IPO; grey market indicates ₹10 premium

Today is the last day to subscribe to Bengaluru-based auto component manufacturer Sansera Engineeri…

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2 mins read

Blackstone-backed Sona Comstar’s ₹5,500 crore IPO could open next week, reports suggest

Sona Comstar, one of India’s leading automotive components makers, is gearing up to launch its ₹5,5…

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2 mins read

Rolex Rings IPO investors make 38% at listing ⁠— the auto components maker is now worth nearly half a billion dollars

Shares of Rolex Rings made a strong listing on the National Stock Exchange (NSE) and BSE at over 38…

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5 mins read

The ₹824-crore Craftsman Automation IPO opens today – should you subscribe?

The Coimbatore-based company has kicked off its IPO today, March 15, with a price band of ₹1,488…

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5 mins read

All major automakers except Bajaj Auto expected to register growth in January say brokerages

All major Indian automakers, except Bajaj Auto, are expected to report a year-on-year increase in t…

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1 min read

India's largest car maker loses nearly two thirds of its profit to chip shortage

Net profit fell to Rs 475.3 crore during the quarter under review from Rs 1,371.6 crore in Q2FY2…

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4 mins read

INTERVIEW: An auto parts maker for Maruti, Bajaj and Honda is betting that Indian car makers will take a leaf out of Tesla’s playbook

“One of our focused areas is aluminium forged components as you are aware the industry is going …

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5 mins read

What CEOs say India can learn from China to get more electric vehicles on the road

While India is propelling its plan to become a major electric vehicle market in the next 20 years s…

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1 min read

SIAM, ACMA ask automakers, auto component manufacturers to shut their plants

The members of SIAM and ACMA both in original equipment manufacturer (OEM) and auto component indu…

PTI