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Sona Comstar to buy Escorts Kubota’s railway business for Rs 1,600 crore

autherKiran Murali     calendar23 Oct 2024

The transaction, which will be in lump sum cash consideration, is expected to be completed by September 30, 2025, and the acquisition is expected to be EPS accretive for us from the first year.

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Sona Comstar Q2 results: Consolidated net profit grows 16% YoY News
Sona Comstar Q2 results: Consolidated net profit grows 16% YoY

autherKiran Murali calendar23 Oct 2024

The auto components maker clocked Rs 143.94 crore as consolidated net profit, against Rs 123.85 crore in the year-ago ...

Gestamp showcases latest lightweighting innovations and technologies at IZB News International
Gestamp showcases latest lightweighting innovations and technologies at IZB

autherAutocar Professional Bureau calendar23 Oct 2024

Automotive lightweighting specialist company displays latest advances in Body in White, chassis and mechanics at the I...

‘We want to develop EV technology in-house’: ANEVOLVE's Sunil Kaul Interview
‘We want to develop EV technology in-house’: ANEVOLVE's Sunil Kaul

By Mayank Dhingra calendar19 Oct 2024

Tier 1 major Anand Group’s EV arm – ANEVOLVE – which began operations in January 2023 with a range of EV-specific comp...

CEAT projects robust growth in H2 FY25, eyes expansion in exports and replacement markets News
CEAT projects robust growth in H2 FY25, eyes expansion in exports and replacement markets

autherShahkar Abidi calendar18 Oct 2024

A report by ICRA published in May predicted slower domestic tyre sales growth for FY25, contrasting CEAT's optimistic ...

Hexagon launches first made-in-India coordinate measuring machine ENSPEC News
Hexagon launches first made-in-India coordinate measuring machine ENSPEC

autherAutocar Professional Bureau calendar18 Oct 2024

The ENSPEC coordinate measuring machine offers versatile configurations, making them a top choice for inspection, qual...

CEAT Q2 FY25 results: EBITDA misses consensus, revenue in line News
CEAT Q2 FY25 results: EBITDA misses consensus, revenue in line

autherAutocar Professional Bureau calendar17 Oct 2024

CEAT's Q2 FY25 results saw EBITDA fall slightly below consensus estimates, with margins impacted by rising input costs...

Valeo and MAHLE join forces to develop magnet-free electric axle system News International
Valeo and MAHLE join forces to develop magnet-free electric axle system

autherAutocar Professional Bureau calendar17 Oct 2024

Based on the successful joint development with a European OEM on the magnet-free electric motor technology (EESM - Ext...

ZF opens cutting-edge 800V test and validation lab in the UK News International
ZF opens cutting-edge 800V test and validation lab in the UK

autherAutocar Professional Bureau calendar17 Oct 2024

New dedicated 800V Test & Validation facility at ZF’s R&D Hub near Solihull to foster the development and deployment o...

Tata AutoComp and Tata Ficosa win Deming Prize 2024 award News International
Tata AutoComp and Tata Ficosa win Deming Prize 2024 award

autherAutocar Professional Bureau calendar15 Oct 2024

Tata AutoComp Composites Division is the first company in the global composites industry to win prestigious TQM recogn...