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ELECTRIC GEAR MAKERS
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...- India Inc gears up for Middle East rebound after peace dealIndian businesses are preparing for a surge in Middle East demand following a peace agreement. Companies are increasing production and secu...
- Ather Energy board approves Rs 2,500-crore fundraising planAther Energy's board has greenlit a substantial fundraising plan, aiming to secure up to Rs 2,500 crore. This significant capital infusion ...
- Zepto's market position; TCS' AI verdict at AGMZepto pulls ahead of Swiggy Instamart on orders, but heavy burn continues. This and more in today's ETtech Top 5.
- PCB makers seek 50% price hike as Iran war crushes supply chainsDomestic PCB manufacturers are demanding a 45-50% price increase and duty exemptions for imported components due to escalating production c...
- Swiggy CEO on failed shareholder vote; Indian firms brace for MythosHappy Thursday! Swiggy group CEO Sriharsha Majety opened up about the recent hitch to become an Indian-owned company. This and more in toda...
- US Stock Market: SpaceX, OpenAI IPO excitement revives debate over lofty valuationsA Reuters analysis of the 50 largest IPOs over the past five years found that most underperformed the S&P 500 despite strong debut enthusia...
- Auto ancillaries: The next few quarters may separate winners from hopefuls. 5 stocks, 3 with upside potential of up to 33%The EV shift has moved from ambition to execution. And for auto ancillaries, the next phase may decide who was genuinely preparing for the ...
- Sona Comstar sets sights on acquisitions, EV-focused order book to drive growthSona Comstar is actively seeking acquisitions to utilize its substantial cash reserves. The auto-components maker is building on a large or...
- Oben Electric eyes Rs 300 crore fundraise for expansionOben Electric is preparing to raise Rs 300 crore. This funding will boost its product range and expand its sales network. The company sees ...
- Valuation reset drives mutual fund inflows into listed new-age firms amid FPI selloffMutual funds increased their stakes in new-age companies during the March quarter, despite falling share prices and overall portfolio value...
- Elon Musk lays out Terafab AI chip project planElon Musk announced Tesla will utilize Intel's 14A process for its ambitious Terafab chip project in Texas. This advanced complex aims to p...
- Sona Comstar ticks all the right boxes, except IPO pricingIt is the first Indian company to tap into the global electric vehicle (EV) penetration story. The company manufactures specialised gears t...
- Tesla in talks with Tata Power for EV charging infrastructure: ReportTata Motors Ltd, the carmaking unit of Tata Sons, had last week denied any tie-up with Tesla, after media reports suggested the two compani...
- Local electric gear makers seek ban on Chinese firmsIndian firms have been demanding that the government stop power generation and transmission companies from placing orders with Chinese comp...
- Why Chinese imports are lucrative for Indian companiesBhel has been under fire from aggressive Chinese firms queueing up to compete for power plant deals even if they face trade barriers like i...
- Power Grid comes under vigilance lens over gear tender processThe vigilance commission is looking into allegations that Power Grid Corporation of India has deviated from its guidelines for tender proce...
- Toshiba to buy Vijai Electricals for $200 millionToshiba Corporation will buy Vijai Electricals for $200 million (Rs 1,280 crore), signaling Japanese firms’ continued interest in India.
- Govt looks into Chinese equipment's performance at power plantThe Power Ministry is looking into a report on performance of Chinese equipment being used in domestic power plants.
- Bharat Forge may buy significant stake in Shanthi GearsThe Pune-based forging major is looking to acquire chairman P Subramanian and his family's stake in the company founded in 1969 as a small ...
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