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SUNBEAM AUTO
ET Prime Special Series: Multibagger or Bankrupt - Part 58: The ICE veteran that quietly became an EV lightweighting storyMost auto ancillary investors think linear. Company makes Component X. EV disrupts Component X. Stock goes down. Every story does not fit t...- Second thoughts after Rs 133 crore? ITAT says noThe Income Tax Appellate Tribunal has clarified the limits of Section 263 of the Income Tax Act. A recent ruling quashed a revisionary orde...
- Tribunal permits Hero MotoCorp to sell EVs under 'Hero' trademarkThe tribunal – comprising former Chief Justice of India Dipak Misra and retired judges Indu Malhotra and Indermeet Kaur – observed that Her...
- Hero Electric withdraws petition against Hero MotoCorp for use of 'Hero' brand for EVsET was the first to report, in July 2019, about Pawan Munjal’s nephew Naveen Munjal citing exclusive brand rights over green vehicles. Clai...
- Lure of the electric tests resilience of Munjals' decades-old family agreementPawan Munjal-led Hero MotoCorp is the market leader in internal combustion engine motorcycles and scooters, and has recently announced its ...
- India-focussed Kedaara set to close $1 billion fundLikely to be first domestic PE firm to manage a $1 billion fund; announcement soon
- Settle trademark row via arbitration: HC to MunjalsVijay Munjal-promoted Hero Electric Vehicles and Hero Exports had sought the court’s intervention to restrain Pankaj Munjal-led Lectro E-Mo...
- Global PEs, auto parts majors look to buy ZF’s stake in TVS JVEven though TVS could buyout the partner, global private equity players, international and a select set of home-grown auto component player...
- Imperial Auto in talks with Kedaara to sell stakeThe Haryana-based Imperial is expected to garner Rs 1,000-1,200 crore from the business.
- need2know: Cash crunch, 4th bidder for Fortis and other macro triggers for market todayA lowdown on top macro triggers that may move market on Wednesday.
- Maruti stir threatens to spill into neighbourhood; stock downThe strike by workers at Maruti Suzuki at its Manesar factory - now in its sixth day - is threatening to spread to other auto and component...
- Hero Honda announces realignment of Munjal family stake in the companyHero Honda -- a joint venture between the Munjals and Japan's Honda Motor Co -- on Monday announced a realignment in the ownership of stake...
- B M Munjal to ride Hero Honda under family settlement pactB M Munjal and his sons will hold the stake as Indian promoters in the country's largest two-wheeler maker Hero Honda as part of the family...
- Angry workers beat up senior manager of auto component firmThe enraged workers stopped the van, pulled him out and beat him up despite the presence of the police. In Pics: Clash between employees of...
- Gurgaon faces big strike todayProduction at one of the country's biggest automobile hubs is set to be hit with a major trade union giving a strike call across the Gurgao...
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