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Company Source 709 posts 0 comments

Automotive & Ancillaries

Demerger of CV business undertaking of Tata Motors Ltd into a separate listed company

Company Source Aug 2, 2024 0
“Upon the Scheme becoming effective, both TMLCV and TML will be renamed, resulting in two separate listed entities: 1) The Commercial Vehicle business and its related investments, under the name TML, and 2) The Passenger Vehicle business,…
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Automotive & Ancillaries

TVS Mobility Group and Mitsubishi Corp sign MoU for Employee Exchange Program

Company Source Aug 1, 2024 0
“We are excited to embark on this journey with Mitsubishi Corporation as there is a huge scope to address skill gaps and share best practices between the two organisations. Further, this platform will enable us to leverage our synergies and…
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Engineering

Elgi Equipments Posts Consolidated sales of ₹801 Crore in the First quarter 2024-25 results

Company Source Aug 1, 2024 0
“Demand in Indian and Middle Easter markets is quite buoyant. Sales has been muted in Europe due to the effects of the Ukraine war and rising raw material costs. Performance in the USA is picking up momentum; however, outlook remains…
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Automotive & Ancillaries

Sundram Fasteners Limited reports highest ever Turnover and Profit Before Tax (PBT) for the quarter…

Company Source Aug 1, 2024 0
“The earnings before interest, depreciation and taxes (EBITDA) for the quarter ended June 30, 2024, was at ₹223.06 crore as against ₹197.66 crore during the same period in the previous year. The Company has reported its EBITDA margin at…
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Aerospace & Defence

Boeing Board Names Kelly Ortberg President and CEO

Company Source Aug 1, 2024 0
“Boeing has a tremendous and rich history as a leader and pioneer in our industry, and I’m committed to working together with the more than 170,000 dedicated employees of the company to continue that tradition, with safety and quality at…
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Chemicals

Lubrizol to Construct Company’s Largest Manufacturing Facility in Maharashtra

Company Source Aug 1, 2024 0
“Lubrizol has made meaningful investments in India for more than five decades. This new state-of-the-art manufacturing facility will allow us to enhance our local capacity and capabilities for our Additives business with the potential to…
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Automotive & Ancillaries

Toyota Kirloskar Motor Signs MOU with Maharashtra for Proposed New Manufacturing Plant

Company Source Jul 31, 2024 0
“Toyota Motor Corporation believes that India is well positioned to become a global manufacturing hub for cleaner and greener mobility solutions. This belief was reinforced with the recent regional restructuring which elevated India to play…
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Automotive & Ancillaries

Wardwizard Innovations & Mobility Clocks Revenue of ₹489.68 million in Q1 of FY’25

Company Source Jul 31, 2024 0
“The Q1FY’25 results showcase steady growth for the WardWizard Innovations driven by the increasing demand for electric vehicles in the industry. This quarter was significant for us as we successfully secured a landmark order from Beulah…
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Automotive & Ancillaries

Tata Motors launches ‘Vidyadhan’ and ‘Utkarsha’ programs to facilitate Higher Education of…

Company Source Jul 31, 2024 0
“Quality education is vital for progress and development. With these programs we are making higher education more accessible and enabling the next generation of our hardworking technicians to fulfil their own dreams as well as those of…
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Awards & Recognition

WIKA India Wins Award for Marketing Excellence – Instrumentation Sector

Company Source Jul 30, 2024 0
“We make sure that all our marketing campaigns and other initiatives are targeted at speaking directly with customers across industries to explain how WIKA’s 75 years of experience in the global marketplace can be applied to the…
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