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Setco Automotive to Sell Majority Stake in Subsidiary to RSB Transmissions for Up to ₹510 Crore

autherAngitha Suresh     calendar30 Mar 2026

The Mumbai-listed auto components maker has agreed to divest its controlling interest in Setco Auto Systems Private Limited, triggering a corporate name change and brand exit.

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Shriram Pistons Expands into EV and Advanced Auto Components News
Shriram Pistons Expands into EV and Advanced Auto Components

autherArunima Pal calendar30 Mar 2026

The move signals a shift in the company's strategy beyond its traditional business of pistons, rings, and engine parts...

Bacancy Systems Raises INR 400 Million in Series A Round News
Bacancy Systems Raises INR 400 Million in Series A Round

autherAngitha Suresh calendar30 Mar 2026

The Gujarat-based embedded electronics company will use the funds to scale manufacturing, deepen R&D, and expand into ...

Uno Minda Reshuffles Senior Management, Approves Renewable Energy Investment News
Uno Minda Reshuffles Senior Management, Approves Renewable Energy Investment

autherArunima Pal calendar30 Mar 2026

The board approved an investment of up to INR 750.20 lacs, in one or more tranches, in the equity shares of four SPVs ...

Industry Consortium LEAF Launched to Advance EV Charging Ecosystem for Two- and Three-Wheelers News
Industry Consortium LEAF Launched to Advance EV Charging Ecosystem for Two- and Three-Wheelers

autherArunima Pal calendar30 Mar 2026

LEAF was established through a memorandum of understanding between Hero MotoCorp, Ather Energy and IPEC India.

EV Battery Materials Market to Reach USD 154 Billion by 2036: IDTechEx News
EV Battery Materials Market to Reach USD 154 Billion by 2036: IDTechEx

autherArunima Pal calendar30 Mar 2026

The study underscores the growing scale and complexity of the EV battery materials market, driven by evolving chemistr...

Motherson Sumi Wiring Faces Near-Term Margin Heat as Copper Prices Climb News
Motherson Sumi Wiring Faces Near-Term Margin Heat as Copper Prices Climb

autherShahkar Abidi calendar30 Mar 2026

With copper accounting for roughly 10% of total revenue, management expects to recover about 60-70% of these costs wit...

From IIT-B Lab to Dalal Street: Sedemac’s 19-Year Bet on Auto Electronics News
From IIT-B Lab to Dalal Street: Sedemac’s 19-Year Bet on Auto Electronics

By Anurag Chaturvedi and Shahkar Abidi calendar30 Mar 2026

Anchored by TVS Motor and other Indian OEMs, Sedemac leveraged lab-born control algorithms, frugal hardware strategies...

Lumax Group Bags Six JIPM TPM Awards; Lumax Auto Technologies Wins Excellence Honour for Second Year News
Lumax Group Bags Six JIPM TPM Awards; Lumax Auto Technologies Wins Excellence Honour for Second Year

autherAutocar Professional Bureau calendar29 Mar 2026

The award is widely regarded as a global benchmark in Total Productive Maintenance (TPM) practices and operational eff...

UCAL: How a 70-Year-Old Auto Parts Group is Re-Engineering for the EV Era Feature
UCAL: How a 70-Year-Old Auto Parts Group is Re-Engineering for the EV Era

By Shahkar Abidi calendar27 Mar 2026

The Chennai-based auto components maker is shifting away from carburetors and mechanical fuel pumps, betting on electr...