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JOHN FLINTHAM
Stakeholders Empowerment Services questions loans to Amtek Auto by promotersAmtek Auto has an outstanding debt of more than Rs. 14,000 crore, with a net interest cost of Rs. 755 crore. With the 2016 loss more than d...- Amtek Auto climbs as firm inches closer to sell German unitShares of Amtek Auto climbed nearly 7 per cent in Monday's trade amid reports that the automobile component maker was close to selling its ...
- Amtek Auto posts Rs 529-crore loss in January-March qtarterThe company is also in talks with a financial investor to offload a significant stake in Amtek Auto, he added, but declined to elaborate.
- Amtek's troubles could continue for another 6 months: John Flintham, Senior MD"Our international business, helped by acquisitions, is picking up. As the units we've acquired start full production, it will obviously ch...
- Sell of minority stake in overseas business backbone of debt reduction plans: John Flintham, Amtek Auto"We are ahead of the timing plan we set for ourselves. We have appointed Morgan Stanley to lead the negotiations on that sale"
- Amtek Auto jumps on reports company plans to raise Rs 6,500 cr by selling assetsAmtek Auto jumped 24% in trade on Monday on media reports that the co plans to raise about Rs 6,500 crore by selling assets.
- Amtek Auto shoots up 54% after management clarificationThe stock surged 74.84 per cent to hit an intraday high of Rs 53.15, before settling at Rs 46.70 post Amtek MD's clarification on rigging c...
- Promoters have always, and will always continue to support the business: John Flintham, Amtek AutoWe are obviously in discussions with our lenders, and we have never defaulted on a payment, and we do not intend to default on that payment.
- Challenging picture ahead for Amtek for 2015: John Flintham, Senior MD"Commercial vehicles have increased slightly, but from an extremely low level and now on the auto side, of course, we got the two-wheeler b...
- Seeing nervousness in automotive market: John Flintham, Amtek AutoWe are all looking forward to see government policies that will assist the automotive industry going forward, says John Flintham.
- Scholz acquisition to help backward integration: John Flintham, Amtek AutoIt is a sizable acquisition and obviously we do not release the size of the deal, but it may be full on a mixture of cash out of accruals f...
- Amtek Auto rallies over 8% on acquisition plans in GermanyAmtek Auto Ltd surged as much as 8.2% in trade on Tuesday, after media reports suggested that co is all set to acquire Scholz Edelstahl Gmb...
- Amtek Auto plans to acquire German forging manufacturer Scholz Edelstahl: SourcesAmtek Auto, one of India’s largest auto component makers, is all set to acquire Scholz Edelstahl GmbH of Germany, according to multiple peo...
- Amtek Auto rallies over 5% on reports of acquisition plansAmtek Auto rallied as soon as 5.03% in trade on Tuesday, after the auto component maker Amtek Auto is close to acquiring three foreign cos.
- Expect Amtek to clock good growth on new orders: John Flintham"We have picked up close to Rs 7,000 crore of orders over the last 12 months. These will mature in the coming quarters."
- Amtek Auto surges over 14% on plans to venture into railways, oil & gasThe shares of Amtek Auto surged over 14 per cent in early trade after the company announced that it plans to diversify into new areas such ...
- Amtek in 50:50 JV with Japan’s Riken Corporation for iron casting foundry"Amtek and Riken are known for quality automotive products and this strategic partnership brings compelling value to our manufacturing plat...
- Amtek India ties up with Riken Corp for new iron casting foundryBesides Japan, its manufacturing plants are located in China, Taiwan, Indonesia, Thailand, India, the US and Mexico.
- Amtek India completes purchase of Kuepper groupAmtek has completed its purchase of Germany-based Kuepper Group in a EUR 50 mn all-cash deal, making the Amtek Group one of the top three g...
- Our portfolio looks balanced, following restructuring in 2013: John Flintham, Amtek Auto"We have shown good growth across all regions, both in India and globally. Obviously, it has been a mixture of acquisition growth and organ...
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