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Samvardhana Motherson inaugurates automotive lighting plant in SanandSamvardhana Motherson International has opened a new manufacturing plant in Sanand, Gujarat. This facility will produce exterior lighting s...- Top insolvency lawyer and former Rajah & Tann managing partner Patrick Ang dies at 61Patrick Ang, former managing partner at Rajah & Tann and a leading insolvency lawyer, died at age 61. Ang led the law firm’s regional expan...
- Marelli files for Chapter 11 bankruptcy in US as hedge funds take controlMarelli Holdings, grappling with $4.4-4.5 billion in debt, has filed for Chapter 11 bankruptcy in the US, offering a respite from financial...
- Motherson's Marelli takeover faces US hedge fund bumpSamvardhana Motherson is preparing to compete with Strategic Value Partners (SVP) for the acquisition of Marelli Holdings. Motherson is rep...
- Talbros Automotive's JV firm secures order worth Rs 1,000 crTalbros Automotive Components announced securing a significant multi-year contract worth approximately Rs 1,000 crore from a European OEM f...
- Motherson closes in on acquisition of auto parts company MarelliA deal is likely to be announced by the end of May or early June, the people said, asking not to be named. They also did not reveal any lik...
- Maini Precision files draft IPO papers to raise Rs 900 croreProceeds from the fresh issue will be used to pay debt and for general corporate purposes.
- Motherson Group forms partnership with Marelli Automotive LightingThe partnership intends to focus on components such as front grills and bumpers, along with other car parts that can be illuminated. These ...
- Igarashi Motors' Chennai units shut from May 24 till May 30 due state-wide lockdownThe company, which manufactures DC motors, has two units in Chennai. It supplies to global automotive parts majors, including Bosch, Contin...
- Wipro plans to set up Digital Innovation Hub in GermanyWipro on Tuesday said it plans to set up a Digital Innovation Hub at Dusseldorf in Germany that will serve as the IT services major's flags...
- Wipro bags multi-year contract from automotive supplier major MarelliAs part of this agreement, Wipro will use its EngineeringNXT framework and strong automotive engineering expertise to establish a software ...
- Wipro wins multi-year IT deal from MarelliThe Bengaluru-headquartered software services exporter will help Marelli to “standardize, simplify and further enhance their IT services at...
- Italian banks help European shares snap losing streakAutos were also in demand with Fiat Chrysler gaining 4.3 per cent.
- Fiat to seek new bids for parts unitThe Italian carmaker can now evaluate other inquiries received for the unit while it prepares to eventually separate the Milan-based compan...
- India strong asset in our operations, says Magneti Marelli CEO Pietro GorlierAuto components major Magneti Marelli’s global chief executive officer Pietro Gorlier tells ET that his company is working on developing co...
- Paragon Partners, along with co-investors plan to invest Rs 111 crore in MainiMPPL is a Bengaluru-based manufacturer and supplier of high-precision engineering components and assemblies catering to the global automoti...
- Paragon Partners, others invest Rs 111 crore in Maini Precision ProductsParagon Partners has raised Rs 1,300 crore from a mix of domestic and overseas investors under its first fund in 2016.
- Fiat’s component arm to hire 300 people in India this yearFiat Group's auto component arm Magneti Marelli will hire 300 people this year to support its expansion plans in India, a top company offic...
- Magneti aims to more than double India revenue in three yearsRiding high on the success of the AMT and other components, the company is setting up two new plants in India.
- 30% of Passenger Vehicles Sold in India will have Automated Transmission by 2020: Saju Mookken, Magneti MarelliIt took three years for the company to convince carmakers in India to use the AMT kit, but it is now facing a supply crunch because of huge...
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