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UNO MINDA ACQUISITION
Stocks in news: Federal Bank, Apollo Hospitals, JK Cement, HCL Tech, Bharat ForgeMarkets experienced a slight dip after a recent surge, with several companies making headlines. Apollo Hospitals is set for a restructuring...
Uno Minda to acquire remaining 49.9 pc stake in JV firm for Rs 195 crUno Minda has announced plans to acquire the remaining 49.9% stake in joint venture UnoMinda EV Systems from FRIWO Geratebau GmbH for Rs 19...
Component companies stay on road to Mexico despite tariff fearsIndian auto parts makers with operations in Mexico are cautiously continuing expansion plans despite US tariff uncertainties. Major firms l...
Zomato Gurugram office parking lot video surprises internet. Super-luxury cars go viralA viral Instagram video reveals the luxurious cars at Zomato and Blinkit’s Gurgaon headquarters, including CEO Deepinder Goyal’s Aston Mart...
Gurmeet Chadha continues to be positive on 4 auto component stocks; here’s whyGurmeet Chadha elaborates on Sona BLW's potential acquisition of Escorts Kubota's railway arm and their significant market share in differe...
EV ecosystem is equally important if not more: 4 auto ancillary stocks with upside potential of up to 32%It might surprise some, but years before a new car or motorcycle is launched, automakers go in huddle with their backend supplier to finali...
EV is about ecosystem: 4 auto ancillary stocks with upside potential of up to 20%While the whole focus of transition to EV space has been on auto companies. The fact is that any auto company cannot make transition till t...
In the new world of EV: 5 auto ancillary stocks with upside potential of up to 37%In the last five years, many auto ancillary companies have been trying to stay relevant to the EV space. Some got into EV space through org...
Uno Minda to enhance stake in JV firm to 76 per centUno Minda, an auto components maker, has approved increasing its stake in joint venture firm Minda Westport Technologies Ltd (MWTL) to 76%....
EV tailwinds? 5 auto ancillary stocks with upside potential of up to 37%As the whole landscape for the auto sector changes, select auto ancillary stocks are coming back on the attention list. Last week an auto a...
Wait and watch in case of JSW Energy; play auto via 2 stocks: Sudip Bandyopadhyay"Prefer to play the auto industry through auto ancillaries where opportunities still exists. We like Bharat Forge and Samvardhana Motherson...
Uno Minda to acquire 81.69% stake in Kosei Minda Aluminium, 50% stake in Kosei Minda MouldThe acquisition is planned through a composite scheme of merger with Uno Minda Ltd through a swap of shares. The enterprise value of the tw...
Stocks in the news: RIL, Ultratech, NTPC, IndiGo, Cipla, NDTV and fertilizers stocksReliance Industries wil host its 45th post IPO annual general meeting on Monday. The traders be keenly looking an update from its chairman ...
Minda Industries makes foray into Uzbekistan, to buy 51% stake in UZ ChasysThe Uzbekistan automotive market is expected to grow significantly in coming years along with the introduction of new models which will ben...
Minda Industries' board approves merger with Harita Seating SystemsThe transaction involves Minda getting 51 per cent stake in Harita Fehrer.
- UNO MINDA to acquire iSYS RTS GmbH, Germany
Headquartered in Munich, Germany, iSYS RTS develops embedded systems as well as hardware and software components for Global vehicle makers.
ETMarkets After Hours: Movers and shakers of Tuesday’s tradeThe bulls on D-Street retained their command, taking their winning streak to the fourth day in a row.
Minda Industries acquires Spain based Rinder for Euro 20 millionThe acquisition includes 100 per cent equity holding in Rinder India and Light Systems and Technical Centre in Spain; and 50 per cent equit...
How the second wave of Indian auto component makers crack the global acquisitions puzzleMinda though prefers to avoid debt if a loss-making company is being acquired as the debt could be a burden on the parent.
Minda Industries to ink 60:40 joint venture with PanasonicThe overall consumption of automotive batteries could be around 6.3 million units a year, with the OEM segment comprising 1.2-1.3 million u...