News for 'Sundaram Clayton Ltd'

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'The role of the armed forces and 3 chiefs has been systematically eroded'

'Admiral D K Joshi's resignation is certainly an example worthy of emulation by anybody who is in a leadership role. Unfortunately, over the last 30, 40 years, I can think of very few politicians...

More bad news hit India's auto sector

After auto components major Bosch Ltd, Sundaram-Clayton, Hero MotoCorp now announce temporary production shut down. TVS group auto component maker Sundaram-Clayton Ltd (SCL) on Friday said it will...

Muthiah makes way for son at Manali Petro

Another family-run conglomerate in Chennai has seen a handing on of the baton. Ashwin C Muthiah, 43, only son of veteran industrialist A C Muthiah, has become the new chairman of Manali...

The $8.5 billion TVS Group splits to grow: What's changed structure-wise?

The month of February saw a comparatively muted but significant change in the history of Chennai’s corporate landscape. Photograph: Tanushree Punwani/Reuters The $8.5 billion TVS Group...

Iconic TVS group families start restructuring businesses

As part of the exercise, each family will get complete ownership of the businesses it manages while scrapping the holding company. Photograph: Tanushree Punwani/Reuters. The four families running...

To beat crisis, Hyundai halts production for several days at Chennai unit

Other players who have declared no production days in the recent past, and during this month, include Mahindra & Mahindra, Maruti Suzuki, Hero MotoCorp, Bosch, Jamna Auto, Wabco and...