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Parliament panel flags underutilisation in river interlinking scheme, seeks faster rolloutA parliamentary panel is concerned about the slow pace of the Interlinking of Rivers scheme. Funds allocated for 2025-26 remain largely uns...- PKC-ERCP project: Ashok Gehlot demands MoU to be made publicFormer Rajasthan Chief Minister Ashok Gehlot has demanded the public release of the MoU concerning the PKC-ERCP link project. Gehlot expres...
- Work in progress the best way to describe Motherson performance this year: Vivek Chaand“We felt that by September-October this year, the semiconductor issue would be conquered but there are some new challenges that have been t...
- PKC Consulting's tech offering to reinvent the audit spaceAccording to PKC Consulting’s Swetha Kochar, Financial Hero (Fero) aims to do what Clear Tax has done with tax services in India but in a l...
- MSSL signs strategic agreement to acquire Bombardier’s Electrical Wiring Interconnection Systems businessMRS is part of the Motherson Rolling Stock Division which designs and manufactures electrical cabinets, power packs and electrical distribu...
- Up to 150% surge! After coronavirus hit, this stock could be a multibagger in the making!Based on recent mgmt commentary, analysts have cut earnings estimates for the company.
- Buy Motherson Sumi, target price Rs 108: Motilal OswalThe brokerage maintains a positive view on Motherson Sumi owing to stabilization of the greenfield plant, execution of strong order book of...
- Motherson Sumi consolidated net profit dips 42% in Q1Revenues from operations during the period under consideration went up 14% to Rs 16792.63 cr.
- Auto parts companies may face a hit as US truck orders peak outThe impact on the financials of Indian suppliers will reflect in the next few months.
- Motherson Sumi Q3 Y-o-Y much better than anticipated: Vivek Chaand Sehgal“The revenues in India were up 20% on the consolidated basis Q-o-Q. Outside India, the growth is 38%.”
- Electric vehicles open up huge opportunity for Motherson Sumi: Vivek Chaand Sehgal“We are working a lot of our plants day in and day out to keep up with demand.”
- Motherson Sumi in top gear on strong orders, M&A pushThe production of heavy trucks is likely to rebound.
- Motherson Sumi likely to foray into railways segment through PKC acquisitionPKC has over 20 manufacturing facilities across Russia, Lithuania, Serbia, Poland, Estonia, Finland, China, United States, Brazil and Mexic...
- Motherson Sumi owns 94.7% of PKC Group post acquisition: Vivek Chaand SehgalWe are keeping the offer open for another two weeks just to make sure that the residual shareholders can also tender their shares and the w...
- Motherson Sumi wired for near-term earnings growth with Finland’s PKC buyMotherson has been so far supplying wiring harness mainly to passenger cars. The entry in the CV segment will expand its product portfolio.
- ET Profile: VC Sehgal & the art of M&A management“We have been studying this company for the last eight months and we became very sure that this company was worth going for so we brought t...
- Motherson Sumi rallies 4% on PKC’s acquisition for Rs 4,150 croreMotherson Sumi said it would make a voluntary, recommended public tender offer to acquire all the issued and outstanding shares and option ...
- PKC acquisition will give Motherson Sumi a huge operational boost: Vivek Chaand SehgalAcquistion of PKC will help Motherson Sumi set up more factories and bag more orders in the next 10-15 years, says Sehgal.
- PK Choudhury, former chief executive at ICRA, passes awayHe joined ICRA in 1991 on deputation of from IFCI and built a fine rating company, where Moody’s Investors Service Inc is the largest share...
- Basu rules out withdrawal of LeftCPI-M patriarch Jyoti Basu today ruled out withdrawal of Left support from the UPA government on the Indo-US nuclear deal issue.
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