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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 ...

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 ...

TVS Motor is No. 1 electric 2W OEM for three months in a row and Q1 FY2026 Analysis Sales
TVS Motor is No. 1 electric 2W OEM for three months in a row and Q1 FY2026

By Ajit Dalvi calendar01 Jul 2025

TVS sells 25,274 iQube e-scooters in the Indian e2W industry's best-ever June and nearly 70,000 units in April-June 20...

TVS Motor is No. 1 electric 2W OEM for three months in a row and Q1 FY2026 Analysis Sales
TVS Motor is No. 1 electric 2W OEM for three months in a row and Q1 FY2026

By Ajit Dalvi calendar01 Jul 2025

TVS sells 25,274 iQube e-scooters in the Indian e2W industry's best-ever June and nearly 70,000 units in April-June 20...

TVS Motor is No. 1 electric 2W OEM for three months in a row and Q1 FY2026 Analysis Sales
TVS Motor is No. 1 electric 2W OEM for three months in a row and Q1 FY2026

By Ajit Dalvi calendar01 Jul 2025

TVS sells 25,274 iQube e-scooters in the Indian e2W industry's best-ever June and nearly 70,000 units in April-June 20...

Anand Group’s Gabriel India to Acquire Asia Investments Pvt Ltd’s Automotive Business News
Anand Group’s Gabriel India to Acquire Asia Investments Pvt Ltd’s Automotive Business

autherKiran Murali calendar30 Jun 2025

Apart from Anchemco, which makes automotive fluids and adhesives, AIPL's equity holdings in Anand Group joint venture...

Electric 2W Industry Poised to Grow Without Demand Subsidies: Ather’s Tarun Mehta News
Electric 2W Industry Poised to Grow Without Demand Subsidies: Ather’s Tarun Mehta

autherKiran Murali calendar30 Jun 2025

As EV adoption grows, the government has been progressively scaling back subsidies, signaling a deliberate policy shif...

Electric 2W Industry Poised to Grow Without Demand Subsidies: Ather’s Tarun Mehta News
Electric 2W Industry Poised to Grow Without Demand Subsidies: Ather’s Tarun Mehta

autherKiran Murali calendar30 Jun 2025

As EV adoption grows, the government has been progressively scaling back subsidies, signaling a deliberate policy shif...

Mahindra Trucks & Buses Steers Through Industry Headwinds, Achieves Key Financial Turnaround News
Mahindra Trucks & Buses Steers Through Industry Headwinds, Achieves Key Financial Turnaround

autherShahkar Abidi calendar30 Jun 2025

This milestone comes as the company recorded flat growth in volumes, successfully limiting its decline to just 1% in a...