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Sensex ends 310 points lower; highest single-day loss since Brexit

Bank shares were the top losers along with index heavyweight RIL Benchmark share indices registered their highest single-day loss in percentage terms since June 24, the day of the Brexit verdict,......

Motherson Sumi buys German auto parts giant

Motherson Sumi Systems, flagship company of the Samvardhana Motherson Group, announced an acquisition of 80 per cent stake in Peguform Group, makers of car bumpers and dashboards, for an......

Component shortage puts brakes on auto firms

Bajaj Auto has seen motorcycle production more than double since the lows of December 2008 on the back of surging sales. That's the good news.The bad news is that the company has reported an output......

M&M mulls agri logistics venture

The $4 billion tractor-to-IT conglomerate Mahindra & Mahindra is in talks with European fresh produce supply chain and distribution companies to set up a supply joint venture to cater to......
  Web results for Mssl
Auto part suppliers' buying spree could be costly

Mahindra CIE, the Indo-Spanish manufacturer of automobile parts, made yet another acquisition last month. It acquired Bill Forge, a Bengaluru-based... ...
Mahindra Agri Solutions invests in e-commerce platform MeraKisan

Mahindra Univeg today announced investment in Mera Kisan, an e-commerce startup. Mahindra Univeg is a 60:40 joint venture between Mahindra Group's... ...
Motherson Sumi raises Rs 1,993 cr via QIP issue

Auto component firm Motherson Sumi Systems (MSSL) has raised Rs 1,993.44 crore via issuance of 62,884,827 shares to qualified institutional buyers.... ...
Automobile Newsletter September 12 to 16, 2016

Top Stories Govt aims to make automobiles manufacturing the main driver of Make in India initiative Girish Shankar, Secretary, Ministry of... ...
Motherson Sumi completes Rs 19 mn fund raising through QIP

NEW DELHI: Indian automotive components manufacturer Motherson Sumi Systems has successfully completed raising of funds amounting to Rs 19,934.49... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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