Industrial robotics startup Ati Motors raises $20 million in Series B fundingThe round was led by Walden Catalyst Ventures and NGP Capital. Existing investors, including True Ventures, Exfinity Venture Partners, Athe...
Mercedes' top supplier survived Napoleon, the Great Depression & two world wars. But not the current auto slumpEurope's auto slump is crippling small manufacturers in the automotive supply chain. Gerhardi Kunststofftechnik GmbH, a long-time Mercedes ...
European shares start the week on muted note, with key earnings on tapEuropean shares kicked off the week broadly unchanged on Monday, after two back-to-back weekly gains, as investors brace to assess a series...
Europe's STOXX 600 falls a day after Fed-fuelled rallyEuropean shares declined on Friday following a previous rally driven by the U.S. Federal Reserve's interest rate cut. Novo Nordisk dropped ...
Think making cars is hard? Try being a supplierMajor component manufacturers such as privately owned Robert Bosch GmbH, ZF Friedrichshafen AG and stock-market listed Continental AG have ...
LTTS wins $48 million deal with European auto parts supplier ForviaAs part of this five-year partnership, approximately 300 engineers from Forvia’s Augsburg (Germany) and Bangalore (India) sites, have trans...
CapitaLand India Trust acquires IT SEZ in Pune’s Hinjewadi for Rs 773 croreCapitaLand India Trust (CLINT) acquires BlueRidge 3 phase 1, an IT SEZ project in Pune's Hinjewadi, for around Rs 773 crore. The acquisitio...
Ahead of Market: 10 things that will decide stock action on TuesdayNifty today ended 82 points higher at fresh peaks to form an Ascending Triangle pattern on the daily chart. Nifty has surpassed the swing h...
European shares poised for weekly gains on media, retail boostEurozone government bond yields were set to close the week higher as investors balanced recession fears against comments from European Cent...
US auto strike's economic fallout starts to hurt global businessesThe month-long strike by hourly workers at the Detroit Three automakers is starting to have a financial impact on businesses, including air...
Celebrating Excellence in Project Management: Highlights from PMI South Asia Awards 2023The 15th Project Management South Asia Conference (PMSAC 2023) in Chennai received an overwhelming response with over 780 delegates attendi...
European shares open higher on boost from minersPrices of industrial metals rose on hopes of a recovery in demand from top consumer China and amid support from global mining supply disrup...
Samvardhana Motherson Automotive signs pact to buy German firm for EUR 540 mnCompletion of the envisaged transaction will be subject to customary regulatory approvals and is expected by the second quarter of FY24, th...
For automakers, the EV surge is everything everywhere all at onceTesla already earns roughly seven times as much per vehicle as Toyota. Its 17% pretax margins are roughly double the average for the rest o...
TAFE acquires interior systems biz of French automotive supplierThe integration of plastic business of TAFE with interior systems of business of the French company offers synergistic benefits to customer...