IIT-Madras incubated startup Revoh Innovations raises Rs 3.4 crore in seed funding With this injection of capital, Revoh Innovations is looking at promoting sustainable transportation solutions and driving the adoption of indigenous… June 16, 2023 09:30 IST
Flash Electronics appoints Rajnish Diwan as CEO In his new role, he will be responsible for the strategic direction of Flash operations in India for the new… June 8, 2023 15:41 IST
Magna’s Asia Innovation Campus opens in Bengaluru The Innovation Campus will focus on end-to-end software and system engineering and product solutions addressing future market trends such as… June 7, 2023 15:00 IST
igus to invest Rs 100 crore to set-up new plant in Bengaluru, plans value addition to further drive growth The company launched 190 new products in 2023 for the India market and several digital services and solutions under its… June 5, 2023 21:49 IST
Indian automotive industry poised to become the next China says ZF In fiscal 2022, ZF reported sales of 43.8 billion euros (Rs 384,914 crore) in revenue of which 3,178 million euros… Updated: May 30, 2023 18:51 IST
Atmus Filtaration raises $275 million in initial IPO Cummins will own 83% of Atmus’s shares and will continue to control the company after the listing, according to the… May 26, 2023 09:58 IST
Amara Raja reports 45% growth in revenue in Q4 FY23 The Board of Directors recommended a final dividend of Rs 3.20 per equity share on a face value of Rs… Updated: May 24, 2023 17:39 IST
Demand for EVs and PVs drive new business for Varroc, posts net profit of Rs 38 crore for FY2023 Jain further stated that there were early signs of increase in rural consumption and strong domestic economy are expected to… May 23, 2023 18:52 IST
Lumax Auto Tech launches new range of lubricants and coolants in India The BS6-compliant range of lubricants are in line with company’s focus to offer more reliable, affordable and cleaner solutions. May 23, 2023 15:59 IST
Pick-up in domestic auto retails and focus on new tech drives growth for Spark Minda in FY2023 During the year Minda Corporation strengthened its presence in the telematics software and ADAS solutions through strategic technology partnerships with… May 19, 2023 17:02 IST
Gabriel-Inalfa to localise sunroofs for Kia, Hyundai, Tata etc Kia and Hyundai will be the first two OEMs that will be served via this newly collaborated IGSS plant. Updated: May 19, 2023 17:48 IST
Diversifying auto products and localisation push drives FY2023 growth for Uno Minda For Q4 FY2023, the revenue came at Rs 2,889 crore, up 20 percent as against Rs 2,415 crore a year… May 18, 2023 19:47 IST
Pricol files a preliminary objection against the Minda Corporation to CCI on stake buy Minda had earlier acquired a 15.70 percent stake in Pricol via an open market transaction in February. Updated: May 18, 2023 11:46 IST
Cost discipline and normalising supply chain drives profits for SKF India in FY2023 For the fiscal, the company reported revenue of Rs 4,304 crore, up 17 percent, as compared to Rs 3,665 crore… May 17, 2023 18:59 IST
Sona Comstar and Equipmake ink tech licensing agreement for electric powertrains Sona Comstar will manufacture drive motors, inverters, and drive trains for the target applications and supply them to its customers… May 16, 2023 13:03 IST
Vitesco Tech Q1 posts net loss on back of cost restructuring In January, the company’s reorganised its four business units into two new divisions: Powertrain Solutions and Electrification Solutions. Updated: May 15, 2023 17:44 IST
JBM to invest Rs 350 crore for setting-up auto component manufacturing plants in Haryana and Gujarat The plants will cater to meet the requirements of its customer and the country’s largest passenger vehicle maker Maruti Suzuki… Updated: May 11, 2023 18:15 IST
Pricol reports highest quarterly revenue in Q4 FY2023 Pricol currently is at a transformational stage wherein its technological solutions are enabling it to position the company as a… May 10, 2023 18:29 IST
Ashok Leyland developing hydrogen-powered trucks; aims for launch within 18-24 months 1 year agoOctober 7, 2024
