AMPIN Energy Transition, Varroc Group sign PPA for supply of solar powerAMPIN Energy Transition has signed a Power Purchase Agreement with Varroc Group for supplying 27 MW of solar power, marking a repeat order....
28 Oct, 2024, 07.11 PM IST
Varroc sells its US, EU four wheeler lighting business to Plastic Omnium for 600 million eurosThe 600 million euro transaction will see Varroc divesting its lighting System operations in the USA, Brazil, Mexico, Poland, Czech Republi...
29 Apr, 2022, 12.59 PM IST
Varroc Engg: Will the momentum continue?The company earns two-third revenue by selling lighting parts in the overseas market while the rest is obtained from the domestic two-wheel...
20 Aug, 2020, 05.53 PM IST
Small firms think outside the box to restart operationsSmall and medium enterprises are consolidating labour, using innovative incentive schemes and even redesigning assembly lines to tide over ...
23 May, 2020, 01.53 PM IST
Varroc may soon bounce back from stock slumpThe situation is likely to improve given the rising share of business from other clients.
11 Jun, 2019, 08.08 AM IST
Varroc to cut overseas capex plans by 20-25%The group will be pruning its Rs 700-crore annual investment in foreign operations by 20-25%, resulting in the rationalisation of Rs 140-17...
22 Nov, 2018, 11.28 AM IST
Growing LED market, right price make Varroc Engineering a good buyThe company has 36 plants across the world, of which 25 are in India.
25 Jun, 2018, 08.39 AM IST
- Varroc Group banks on changing regulations to sustain double digit growth
The company had earlier set itself a turnover target of Rs 20,000 crore by fiscal 2021, which means it will have to grow at a compounded an...
19 Jun, 2018, 09.32 PM IST
Auto component firm Varroc Engineering may file IPO papers by March endAuto industry veteran Rahul Bajaj's nephew Tarang Jain is the MD of Varroc Engineering.
06 Mar, 2018, 08.05 PM IST
Varroc buys over 70% in automotive accessories maker Team ConceptsThe deal will allow Varroc to participate in the Rs 5,000-crore organised premium automotive accessories business, which is forecast to dou...
05 Mar, 2018, 08.11 AM IST
Auto components firm Varroc gears up for next phase of growthThe Aurangabad-based Varroc has appointed Ashwani Maheshwari as CEO for its India business from April 2018.
09 Feb, 2018, 10.51 AM IST
Rahul Bajaj's twin nephews become billionaires riding family's scooter businessThe twins have long counted their uncle’s Bajaj Auto as their firms' biggest customer.
16 May, 2017, 10.48 AM IST
Auto parts makers open up Rs 5000 crore investment to meet rising demandA key supplier to Maruti Suzuki, JBM Group plans to invest Rs 1,000 crore over four years for capacity expansion and new businesses.
01 Sep, 2016, 05.28 AM IST
Tata opportunities fund buys up to 15 per cent in Varroc for Rs 300 croreVarroc, India’s third-largest auto components maker will use the funds to expand its capacity and partly pay off its outstanding debt.
04 Apr, 2014, 12.39 PM IST
Tata Opportunities Fund acquires 15% stake in Varroc GroupVarroc, India’s third largest auto components maker, will use the funds to expand its capacity and partly pay off its outstanding debt.
04 Apr, 2014, 04.00 AM IST
- Varroc to acquire US-based Visteon Lighting for USD 75-100 mn
Varroc Group today announced signing of a deal with US-based Visteon Corporation to acquire the latter's global lighting business for USD 7...
12 Mar, 2012, 08.24 PM IST
- Maharashtra bags Rs 600-cr investment
In two separate MoUs with white-goods major Videocon and auto components maker Varroc Engineering, the state government on Thursday bagged ...
26 Oct, 2007, 12.00 AM IST