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Motherson Completes Tender Offer Settlement for Yutaka Giken Stake

autherAngitha Suresh     calendar18 Mar 2026

Samvardhana Motherson's subsidiary acquires a 9.51% stake in the Tokyo-listed auto parts manufacturer, marking a key step in a broader acquisition deal first announced in August 2025.

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Kirloskar Ferrous Flags Partial Disruption at Solapur Plant Amid LPG Supply Constraints News
Kirloskar Ferrous Flags Partial Disruption at Solapur Plant Amid LPG Supply Constraints

autherArunima Pal calendar17 Mar 2026

The company attributed the supply shortfall to disruptions in global energy markets arising from the ongoing Middle Ea...

MRF Wins ₹221 Crore Tax Dispute at CESTAT News
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 ha...

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...

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...

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...

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 ...

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...

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...

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 ...