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

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

Shahkar Abidi     calendar17 Mar 2026

TPL declares force majeure at its Manali facility after a government directive to prioritize domestic fuel needs cuts off propylene supplies to downstream industries.

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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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Exicom Opens Hyderabad Manufacturing Plant With ₹216 Crore Investment News
Exicom Opens Hyderabad Manufacturing Plant With ₹216 Crore Investment

autherAngitha Suresh calendar16 Mar 2026

The new facility spans 18.4 acres, increases production capacity by 2.5 times, and positions the EV charging company t...

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JSW Steel Announces Coking Coal Mining Project in Mozambique News
JSW Steel Announces Coking Coal Mining Project in Mozambique

autherArunima Pal calendar15 Mar 2026

The project will give JSW Steel access to coking coal reserves in the Moatize coal basin.

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Valeo Targets €700 Million India Revenue with Electrification and ADAS Push News
Valeo Targets €700 Million India Revenue with Electrification and ADAS Push

By Mukul Yudhveer Singh and Ketan Thakkar calendar15 Mar 2026

Global CEO Christophe Périllat explains the rationale behind Valeo’s local-for-local strategy and its long-term convic...

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Greaves Cotton Names Manish Poddar as Group CFO News
Greaves Cotton Names Manish Poddar as Group CFO

autherAngitha Suresh calendar13 Mar 2026

Poddar, a chartered accountant with over 25 years of finance experience, takes charge on March 19, 2026, as Balachanda...

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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

 

64.92%

No

 

35.08%

Total Votes : 861