Kotak Equities upgrades Uno Minda, two smallcap auto ancillary stocks. Here's whyMidcap auto ancillary stock Uno Minda has received a rating upgrade from Kotak Institutional Equities along with two smallcap counters CIE ...
19 Mar, 2024, 04.10 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
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 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
Cut in BMW’s profit outlook to slow Indian suppliers’ runBMW has now joined Daimler, the maker of Mercedes cars, in reducing its profit outlook.
04 Oct, 2018, 08.57 AM IST
Varroc Engineering lists at 6.7% premium over issue priceThe initial public offering was subscribed 3.6 times led by strong institutional demand.
06 Jul, 2018, 10.26 AM IST
Varroc Engineering IPO overall subscribed 3.6 timesThe offer got fully subscribed on Tuesday.
28 Jun, 2018, 07.48 PM IST
Varroc Engineering IPO gets fully subscribed on Day 2, sees good QIB demandThe IPO will close on June 28. At the upper end of the price band, the issue will fetch Rs 1,955 crore.
27 Jun, 2018, 06.16 PM IST
Varroc Engineering IPO kicks off; here's what top brokerages are sayingVarroc Engineering is a global tier-1 automotive component group.
26 Jun, 2018, 12.39 PM IST
RITES, Fine Organic IPOs close today; 4 more coming next weekExcept for Varroc Engineering, the other three will be SME offerings.
22 Jun, 2018, 12.20 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
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
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