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Samvardhana Motherson International Increases Stake in CIM Tools to 68.14% Through Debenture Conversion

Samvardhana Motherson International Increases Stake in CIM Tools to 68.14% Through Debenture Conversion

autherAngitha Suresh     calendar01 Jul 2025

The automotive components manufacturer converted ₹175 crore worth of compulsory convertible debentures into equity shares, raising its ownership from 55% in its subsidiary.

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Uno Minda Completes Acquisition of Remaining Stake in EV Subsidiary News
Uno Minda Completes Acquisition of Remaining Stake in EV Subsidiary

autherAngitha Suresh calendar01 Jul 2025

Auto component manufacturer acquires 49.90% stake from German partner FRIWO GmbH for Rs 141.28 crore, making UnoMinda ...

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Bridgestone Creates Custom Tires for Volkswagen Golf GTI 50th Anniversary Model News
Bridgestone Creates Custom Tires for Volkswagen Golf GTI 50th Anniversary Model

autherAngitha Suresh calendar30 Jun 2025

Tire manufacturer develops Potenza Race semi-slicks for Golf GTI EDITION 50, which set new Nürburgring lap record for ...

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Castrol India Expands Product Portfolio with Three New Autocare Solutions News
Castrol India Expands Product Portfolio with Three New Autocare Solutions

autherAngitha Suresh calendar30 Jun 2025

The lubricant company launches brake cleaner, throttle body cleaner, and fuel injector products to serve professional ...

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Remsons Industries Partners with Brazilian Firm for Technology Transfer Agreement News
Remsons Industries Partners with Brazilian Firm for Technology Transfer Agreement

autherAngitha Suresh calendar30 Jun 2025

Indian automotive component manufacturer enters strategic licensing deal with AUSUS Automotive Systems do Brasil to su...

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Cummins India Launches Battery Energy Storage Systems for Domestic Market News
Cummins India Launches Battery Energy Storage Systems for Domestic Market

autherArunima Pal calendar26 Jun 2025

The product will help integrate renewable energy sources into power grids and support sectors such as manufacturing, c...

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Elektrobit and Foxconn to Develop EV.OS Software Platform for Software-Defined Electric Vehicles News
Elektrobit and Foxconn to Develop EV.OS Software Platform for Software-Defined Electric Vehicles

autherArunima Pal calendar25 Jun 2025

The EV.OS platform will support key automotive functions, simplify supply chains, and scale production for electric ve...

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Hindalco to Acquire US-Based AluChem Companies for $125 Million News
Hindalco to Acquire US-Based AluChem Companies for $125 Million

autherArunima Pal calendar24 Jun 2025

With this acquisition, Hindalco expands its specialty alumina portfolio and its footprint in the North American market...

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CIE Aluminium Casting to Acquire 29% Stake in AMPIN Energy C&I Thirty One for Green Energy Supply News
CIE Aluminium Casting to Acquire 29% Stake in AMPIN Energy C&I Thirty One for Green Energy Supply

autherArunima Pal calendar24 Jun 2025

CIE Automotive India stated that this investment will help reduce power expenses and increase renewable energy consump...

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Pricol Announces Resignation of Chief Technology Officer Kanakaraju Krishnasamy News
Pricol Announces Resignation of Chief Technology Officer Kanakaraju Krishnasamy

autherAutocar Professional Bureau calendar24 Jun 2025

In his letter to Pricol’s leadership, Krishnasamy expressed his intention to pursue new professional opportunities.

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POLL OF THE MONTH

Will Legacy Players Be Able to Squeeze Out Startups from India's Electric 2-Wheeler Market?

Will Legacy Players Be Able to Squeeze Out Startups from India's Electric 2-Wheeler Market?

Yes

 

40.24%

No

 

59.76%

Total Votes : 492