ICRA analysis claims dealership amongst worst impacted segments in auto value chain

By Shahkar Abidi 28 Sep 2020

According to ICRA study most players (58 percent) are expecting flat performance during festive season and none of the...

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FADA bats for 'Franchisee Protection Act' amidst Harley-Davidson's India exit

By Shahkar Abidi 26 Sep 2020

It is understood that Harley-Davidson India has not yet  formally informed any of its 35 dealer partners, which have e...

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TVS Motor expands presence in Colombia, partners Auteco SAS for distribution

By Shahkar Abidi 17 Sep 2020

Autotecnica Colombiana SAS (Auteco SAS) will operate 50 dealerships exclusive to TVS Motor and create dedicated space ...

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Motherson Sumi upsizes NCD issue to Rs 2,130 crores

By Shahkar Abidi 11 Sep 2020

As per the company, the proceeds from the NCD will be used to pre-pay the debt, thereby strengthening its balance shee...

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E-mobility Conference - Experts debate on how EVs step up the game in the post-Covid era

By Shahkar Abidi 09 Sep 2020

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Tata Motors aims to go debt-free in three years: N Chandrasekaran

By Shahkar Abidi 26 Aug 2020

The company, which has a net debt of Rs 48,000 crore, aims to significantly reduce debt by deleveraging the automotive...

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Challenging market conditions impact Rane Group’s US venture

By Shahkar Abidi 17 Jul 2020

Set up in 2016, Rane Light Metal Castings America has been sharply affected by the downturn in the US market as also t...

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Praj Industries forays into renewable chemicals and materials

By Shahkar Abidi 16 Jul 2020

The new portfolio, christened as Bio-Prism comprises diverse bio-industrial products.

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Indian automakers cut investments in loss-making EV subsidiaries

By Shahkar Abidi 07 Jul 2020

Tough times call for tough measures and cash conservation. That seems to be the case with some Indian firms which have...

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Lockdown in Aurangabad to impact automakers and suppliers

By Shahkar Abidi 07 Jul 2020

Week-long lockdown from July 10 in Maharashtra's Aurangabad district to impact local auto industry.

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