Amtek Auto

NCLAT dismissed DVI plea over resolution plan for Amtek Auto

A three-member NCLAT bench also imposed a cost of Rs 1 lakh on the US-based hedge fund Deccan Value Investors…

April 17, 2021 21:56 IST

Mutual funds can limit redemption in crisis situations

The Securities and Exchange Board of India (Sebi) has directed that restrictions on redemptions from mutual funds may be imposed…

June 1, 2016 07:38 IST

Amtek Auto in parleys with equity investors

The management of debt-laden auto-component maker Amtek Auto is in talks with financial investors to get equity investments into the…

June 1, 2016 07:01 IST

Amtek Auto reports net loss of Rs.529 crore

Troubled auto-component maker Amtek Auto on Monday reported a net loss of Rs.528.7 crore for the quarter ending March, compared…

Updated: May 31, 2016 09:03 IST

Sensex, Nifty at fresh 52-week highs; 5 stocks to bet on

Amtek Auto shares tank 11 per cent on Q3 results

Amtek Auto shares tanked as much as 11 per cent on Friday after the company reported net loss of Rs…

Updated: February 12, 2016 15:09 IST

Auto companies stocks gain on GST Bill passage; Maruti Suzuki, Hero MotoCorp to see price reduction

Amtek Auto pledges 71% stake in JMT Auto with IL&FS Trust Co

Troubled auto components maker Amtek Auto has pledged its entire stake of nearly 71 per cent in group firm JMT…

Updated: December 31, 2015 11:43 IST

5 top stocks that remained in focus today: Dr Reddy’s, Bharat Forge, BHEL and more

BHEL share price closed 2.61 per cent up at Rs 168.95 after the Heavy Industries & Public Enterprises Minister Anant…

Updated: December 9, 2015 16:31 IST

Amtek Auto to slash workforce, combine several operations to cut costs

Amtek Auto has total workforce of 16,000 in India, which includes employees at its various subsidiary firms.

Updated: December 2, 2015 10:25 IST

Amtek Auto to slash workforce, combine several operations to cut costs

Amtek Auto has total workforce of 16,000 in India, which includes employees at its various subsidiary firms.

Updated: March 20, 2016 20:52 IST

TAKE Solutions share price, sensex, nifty, nse, bse

Amtek Auto share price fall over 4% after posting net loss of Rs 987 cr

Amtek Auto share price fell as much as 5.62 per cent in the early trade on Monday after the company…

Updated: November 30, 2015 16:14 IST

Amtek Auto shares jump 12% on debt reduction plan

Amtek Auto shares jumped as much as 12 per cent in the morning trade on Tuesday after the company informed…

Updated: November 3, 2015 10:11 IST

Amtek Auto ropes in Morgan Stanley as advisors to pare debt

Amtek group is understood to owe over Rs 26,000 crore to 32 banks, including State Bank of India, ICICI Bank,…

November 3, 2015 09:10 IST

Amtek Auto seeks to sell German unit Tekfor: Sources

Amtek has appointed Morgan Stanley to organise the sale of the maker of driveline components formerly known as Neumayer Tekfor,…

October 29, 2015 09:24 IST

Special audit report on Amtek Auto likely by next week: Bankers

Lenders to the crisis-ridden Amtek Auto will soon decide on a corrective action plan (CAP) based on a special audit…

October 25, 2015 15:39 IST

Amtek Auto pledges additional 4.37% in Castex Technologies

Debt-ridden Amtek Auto has pledged an additional 4.37 per cent stake in its subsidiary Castex Technologies towards short-term borrowing needs.

October 9, 2015 12:05 IST

JP Morgan gets unitholders nod to split funds with Amtek Auto exposure

J.P Morgan Asset Management Company (AMC) has received the approval from majority of their unitholders to segregate illiquid assets from…

September 28, 2015 16:49 IST

Amtek Auto shares decline 20% on bonds redemption default buzz

Amtek Auto shares fell as much as 19.9 per cent in the opening trade on Tuesday on media reports that…

Updated: September 22, 2015 16:11 IST

Stocks that made news today: Motherson Sumi, Amtek Auto and more

Amtek Auto shares plunged 11.46 per cent on reports that the company has missed payments on the Rs 800 crore…

Updated: September 22, 2015 17:21 IST

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Credit cover scheme for MSMEs to be compact, likely by Q4

India News20 min ago

The government will launch a credit guarantee scheme for MSMEs in the next quarter to assist them in dealing with US tariffs and other challenges. The scheme will cover 100% of loans given by lenders, excluding deliberate defaulters. The ECLGS has been successful in improving asset quality and reducing loan defaults. The formalization of MSMEs has also aided banks in accessing reliable data.

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