Samvardhana Motherson International Ltd will acquire an 11 per cent stake in Israel's REE Automotive Ltd for up to USD 15 million. The acqu...

Sumitomo has offloaded about 30 crore shares or 4.42% stake in the company at Rs 121 apiece, according to exchange data. This takes the dea...

The deal triggered strong volume action in the stock with over 41.84 crore shares changing hands on the NSE around 10:50 am. The total trad...

The stake sale will be worth about Rs 4,500 crore and JP Morgan and ICICI Securities will act as the bankers on behalf of Samvardhana, ET N...

Apollo Tyres, a leading manufacturer of automotive tires, achieved a significant milestone by hitting a new 52-week high of Rs 433.75. The ...

According to the shareholding data available with the exchanges, 68.16% stake is held by promoter and promoter group, while the rest lies w...

Sumitomo Wiring will sell about 230 million shares in the company in a deal that is valued at Rs 1,607 crore. The promoter company held abo...

Completion of the envisaged transaction will be subject to customary regulatory approvals and is expected by the second quarter of FY24, th...

Motherson is expected to benefit from megatrends in the global automotive industry, such as EVs, autonomous cars, shared mobility and stric...

Auto components maker Samvardhana Motherson Automotive Systems Group BV will fully acquire the mirror business of Japan's Ichikoh Industrie...

The Tata Group and the Vedanta Group have both committed to investing in the semiconductor space in India. New Delhi will also be incentivi...

Motherson Group Chairman Vivek Chaand Sehgal in a statement said the collaboration combines the company's modules and polymer products expe...

The partnership intends to focus on components such as front grills and bumpers, along with other car parts that can be illuminated. These ...

We are trying to address the long-standing request from Sumitomo SA to simplify the company. The board would assess our recommendations and...

Reydel Automotive has a revenue of $1.05 billion and EBITDA margin of 6.5 per cent.

The domestic equity market opened on a cautious note on Tuesday.

Motherson Innovations Company Limited(MI) – a subsidiary of Samvardhana Motherson Automotive Systems Group B.V.(SMRPBV) - will hold majorit...