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Motherson Sumi to acquire Finland's PKC Group for 571 mn euro

Motherson Sumi to acquire Finland's PKC Group for 571 mn euro

In one of the biggest acquisitions in auto component space by an Indian firm, Motherson Sumi Systems Ltd (MSSL) will launch a 571 million euro (over Rs 4,150 crore) open tender offer to fully acquire Finland's PKC Group Plc (PKC), a maker of wiring harness.

Tech Mahindra Vice Chairman Vineet Nayyar says Donald Trump policies may not hurt Indian IT companies
Tech Mahindra Vice Chairman Vineet Nayyar says Donald Trump policies may not hurt Indian IT companies

Tech Mahindra’s Vice Chairman Vineet Nayyar on Friday said he does not expect the incoming US President Donald Trump’s possible restrictions on visas as big hiccup for Indian information technology services companies.

Horoscope: By Peter Vidal

Today ( 22 Jan )This Week ( 15 Jan - 28 Jan )

SAGITTARIUS Your creative energy should now be at a peak, but not perhaps because the stars are all on your side. On the contrary, challenging romantic stars remind us of the cliché that all great art stems from… read more