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MRF Wins ₹221 Crore Tax Dispute at CESTAT

MRF Wins ₹221 Crore Tax Dispute at CESTAT

autherAngitha Suresh     calendar17 Mar 2026

The Chennai appellate tribunal ruled in favour of MRF Limited, dismissing a GST and Central Excise duty demand that had been pending since mid-2023.

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Refinery Disruptions Hit Downstream Auto Chemicals as Andhra Petro Halts Production News
Refinery Disruptions Hit Downstream Auto Chemicals as Andhra Petro Halts Production

By Shahkar Abidi calendar17 Mar 2026

The shutdown at APL's Visakhapatnam plant, triggered by disruptions to a key raw material, threatens to tighten supply...

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Motherson Completes Acquisition of Yutaka Autoparts India News
Motherson Completes Acquisition of Yutaka Autoparts India

autherAngitha Suresh calendar17 Mar 2026

The closing of the Share Purchase Agreement makes Yutaka Autoparts India a wholly owned subsidiary of Samvardhana Moth...

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Tsuyo Manufacturing Gets Karnataka Clearance for ₹250 Crore EV Powertrain Plant in Hubli-Dharwad News
Tsuyo Manufacturing Gets Karnataka Clearance for ₹250 Crore EV Powertrain Plant in Hubli-Dharwad

autherAngitha Suresh calendar17 Mar 2026

The Greater Noida-based electric mobility company plans a 20-acre facility that will manufacture motors, power electro...

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Propylene Drought Hits TPL Manali, Clouding Outlook for Automotive Interior Suppliers News
Propylene Drought Hits TPL Manali, Clouding Outlook for Automotive Interior Suppliers

By Shahkar Abidi calendar17 Mar 2026

TPL declares force majeure at its Manali facility after a government directive to prioritize domestic fuel needs cuts ...

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Bharat Forge Arm JS Auto Completes ₹300 Crore Fundraise; PI Opportunities Fund Acquires 23% Stake News
Bharat Forge Arm JS Auto Completes ₹300 Crore Fundraise; PI Opportunities Fund Acquires 23% Stake

autherAutocar Professional Bureau calendar16 Mar 2026

Following the allotment, JS Auto’s status has changed from a step-down wholly owned subsidiary to a step-down subsidia...

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Fiem Industries Commissions EMI/EMC Testing Laboratory in Gurugram News
Fiem Industries Commissions EMI/EMC Testing Laboratory in Gurugram

autherArunima Pal calendar16 Mar 2026

The facility has been built with an investment of ₹216 crore and is spread across 18.4 acres with a built-up area of a...

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AMS Launches ‘GCC Flex’ Hiring Platform for India-Based Global Capability Centres News
AMS Launches ‘GCC Flex’ Hiring Platform for India-Based Global Capability Centres

autherArunima Pal calendar16 Mar 2026

Automotive and mobility companies are among the sectors expanding their global capability centres in India to support ...

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One in Three Indians Encountered Counterfeit Products in the Past Year, Survey Finds News
One in Three Indians Encountered Counterfeit Products in the Past Year, Survey Finds

autherAngitha Suresh calendar16 Mar 2026

A joint report by ASPA and CRISIL, based on a survey of 1,639 consumers across nine cities, reveals the scale and chan...

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UCAL Limited Offloads 90% Stake in U.S. Subsidiary to AscentX News
UCAL Limited Offloads 90% Stake in U.S. Subsidiary to AscentX

autherShahkar Abidi calendar16 Mar 2026

The introduction of AscentX Inc. is expected to provide UCAL with the strategic partner support necessary to scale its...

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POLL OF THE MONTH

Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

64.95%

No

 

35.05%

Total Votes : 856