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ET Prime Special Series: Multibagger or IBC - Part 59: Japan taught it. Tata bought it. Now EVs will test this auto ancillaryThis is a story about a company that is simultaneously an asset and an anomaly. An asset because it builds a tangible, necessary product, g...
ET Prime Special Series: Multibagger or IBC - Part 63: This engine parts maker is now chasing aerospace, defenceSome auto ancillary stories are best understood by products. This one is best understood by buckets. The first bucket is still old auto, an...
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...
ET Prime Special Series: Multibagger or Bankrupt - Part 56: An acquisition, a divestment, and a JV for EV. Ready for re-rating?Bulls argue this company is becoming a complete mobility-platform supplier in India: Power solutions and aftermarket, braking and safety. B...
Ashoka vs Qin Shi Huang: Two contrasting paths to unity and empire-buildingMore than two millennia ago, leaders Qin Shi Huang in China and Ashoka in India confronted the vital issue of creating unity within their r...
ET Prime Special Series: Multibagger or Bankrupt - Part 52: This legacy auto ancillary firm is not obsolete, but is it EV-ready?A year into tracking the winners and losers of the auto component space, this story looks at a company that reflects the sector’s broader d...
ET Prime Special Series: Multibagger or Bankrupt - Part 51: Can this auto ancillary also excel in EV-linked components?The story of this auto ancillary is one of steady scale-up, product concentration, and gradual strategic widening. A long operating history...
ET Prime Special Series: Multibagger or bankrupt - Part 48: Will this auto ancillary absorb shocks better with a greenfield push?What happens when an auto ancillary company operates in a segment where physics does not change, even if engines do? In Part 48 of our seri...
Multibagger or IBC - Part 31: Will this auto ancillary from a large group rewire itself for the EV world? If yes, then a re-ratingWhen shareholders say no, business models change. That’s exactly what happened here. For decades, this auto ancillary company routed nearly...
Happy Forgings shares list at 18% premium over IPO priceHappy Forgings shares fetched a premium of Rs 282 in the unlisted market ahead of listing. The issue received a strong subscription of 82 t...
Happy Forgings announces price band at Rs 808-850 for Rs 1,009-cr IPOHappy Forgings has set a price band of Rs 808-850 per share for its maiden public offer, which opens on December 19. The issue will be avai...
Auto components maker Happy Forgings to launch IPO on December 19. Check detailsHappy Forgings IPO comprises a fresh equity issue of Rs 400 crore and an offer for sale (OFS) of 71.59 lakh shares. The price band for the ...
Roster of celebrities and leaders accused in NY's Adult Survivors Act lawsuits; here's everything you need to knowNew York's Adult Survivors Act exposed a flurry of lawsuits, encompassing celebrities and political figures accused of sexual abuse. From D...
Former NY Governor Andrew Cuomo sued for sexual assault by former stafferFormer NY Governor Andrew Cuomo faces a sexual assault lawsuit from his ex-executive assistant, Brittany Commisso, who alleges demeaning ta...
New York mayor Eric Adams denies sex assault claim amid flurry of last-minute suitsNew York Mayor Eric Adams denied a 30-year-old sexual assault accusation, part of a surge in lawsuits before a limitations deadline. The cl...
Guns N' Roses frontman Axl Rose hit with lawsuit over alleged 1989 assault by former Penthouse modelFormer Penthouse magazine model Sheila Kennedy, 61, has filed a lawsuit against Guns N' Roses singer Axl Rose, alleging that he raped her i...
Guns N' Roses frontman Axl Rose accused of sexual assaultAccording to court documents, the musician has been accused of leveraging his "fame, status, and power as a celebrity and performer in the ...
Police clear Cardi B of criminal battery charge after rapper hurled microphone at fanThe criminal battery investigation into rapper Cardi B's act of throwing a microphone at a fan during her performance at Drai's nightclub i...
UK shares slide as inflation, Omicron risks growDrugmaker GlaxoSmithKline added 0.7% after a pre-clinical analysis of the antibody-based COVID-19 therapy it is developing with U.S. partne...
Industry unfazed by car sales drop, points to strong demandThe two-wheeler segment sustained its double-digit growth and, surprisingly, medium and heavy truck sales remained strong despite uncertain...