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NORTON ACQUISITION
Indian capital, British soul: How TVS Motor Company and the West Midlands are rewriting the rules of global mobilityTVS Motor Company is breathing new life into the iconic British brand Norton. A significant investment is establishing a new manufacturing ...- TVS to acquire Italy's Engines Engineering, sets up global centre of excellence in BolognaTVS Motor Company is set to acquire Engines Engineering S.p.A. The acquisition aims to establish a global center of excellence in Bologna. ...
- India-UK trade deal to usher in economic cooperation, tech partnerships: ACMAThe India-UK trade deal, officially CETA, is set to boost economic cooperation, enhancing market access and technology partnerships for the...
- ET Awards for Corporate Excellence: Venu Srinivasan receives Lifetime Achievement Award for contributions to Indian manufacturingVenu Srinivasan, honoured with a Lifetime Achievement Award, transformed TVS Motor Co into a global powerhouse. His leadership, starting at...
- Bharti steps into the UK club with $4 bn deal: Joins Tata, Mahindra, TVS and others in British buyoutsBharti Enterprises’ $4 billion acquisition of a 24.5% stake in BT Group continues a trend of Indian firms buying UK companies. The Tata Gro...
- Bikes will retake pre-covid peak in two years: TVSTwo-wheeler sales in India are expected to surpass pre-Covid peak this fiscal year or next, according to Sudarshan Venu, managing director ...
- TVS Motors to invest Rs 3,900 crore in the next 4-5 years to boost green portfolioTVS Motors will invest Rs 3,900 crore over the next four to five years to boost its green portfolio, just as the company develops an all-ne...
- Acquisitions, margin focus put RHI Magnesita India in sweet spotThese developments are positive for the company’s India listed stock, which has gained nearly 30% in the past three months. However, it tra...
- Hi-Tech’s acquisition bodes well for RHI Magnesita over the long termRHIM, the country’s largest refractory player, will acquire Hi-Tech’s refractory business for a cash consideration of Rs 621 crore. Refract...
- We want to be a more global company today, says Sudarshan Venu, TVS Motor MDThe 33-year-old is keen to put his mark on the South-based two-wheeler maker where he took over the reins last month from his father, chair...
- Can TVS Motor's electrifying ride fuelled by acquisitions reward shareholders?Several new businesses have entered the EV market, such as Ola, Ather, Okinawa, and Simple Energy. These companies are backed by venture ca...
- RHI Magnesita's capex plans timed well to tap surging demandRHI's parent has committed to supply magnesite, a raw material, from its global mines. This will give RHI an edge over domestic peers such ...
- TVS Motor slumps over 6% as two-wheeler major to buy stake in Swiss e-bike firmThe acquisition reaffirms TVS’s commitment to expanding operations in Europe through a portfolio of premium and technology leading brands, ...
- TVS Motor Company acquires European e-bike maker Swiss E-Mobility Group for $100 millionThe second acquisition in less than a year will offer India's third largest two-wheeler maker $100 million in revenues from the growing e-b...
- Stocks in the news: SBI, Bharti Airtel, HDFC Life, Eicher Motors, PNB Housing and JSPLCompetition Commission of India (CCI) approved the acquisition of Exide Life Insurance by HDFC Life Insurance.
- TVS-owned Norton Motorcycle announces key leadership changeIn the new management structure, Robert Hentschel takes over as the new CEO, Vittorio Urciuoli as the CTO as John Russell steps down from h...
- Business environment may remain challenging this fiscal due to Covid-19: TVS MotorRestriction on public mobility and impact on many sectors of the economy will affect gross domestic product (GDP), disposable incomes, cons...
- Expect Norton investment to break even very fast: Sudarshan VenuWill bring Norton brand to India as we scale up, says Joint MD, TVS Motor.
- Symantec to acquire LifeLock in $2.3 bn dealThe offer for LifeLock values its shares at $24 apiece, according to a Business Wire statement.
- Benson & Hedges could soon get a Japanese parentGallaher Group, the fifth-largest publicly traded cigarette maker, received a takeover approach that may lead to the biggest ever European ...
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