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Tata Motors CV bets on Iveco deal to prop up local, global playTata Motors is targeting a 40% domestic commercial vehicle market share by FY28, bolstered by the proposed $4.5 billion acquisition of Ital...
ETMarkets Smart Talk | Defence and electrification are multi-year structural themes for India: Prateek AgrawalGeopolitical shifts and the drive for self-reliance are creating long-term investment opportunities in India's defence and electrification ...
Clean rules put auto parts cos on a whole new growth pathIndia's auto component sector is set for a growth spurt. New rules for cleaner, safer, and fuel-efficient vehicles are boosting demand for ...
Swiggy, Urban Company report Q4 losses; Zepto gets IPO nodNew-age companies Swiggy and Urban Company closed the March quarter in the red, even as revenues surged. This and more in today's ETtech To...
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...
JLR revving up execution to get past cyberattack dentJaguar Land Rover, recovering from a costly cyberattack, is reinforcing its "house of brands" strategy by assigning financial responsibilit...
Siemens raises outlook as CEO touts AI shiftGerman industrial giant Siemens on Thursday raised its outlook for the year after a strong first quarter boosted by spending on artificial ...
GE Vernova to sell industrial software unit to TPG for $600 millionGE Vernova is set to sell its Proficy industrial software unit to TPG for $600 million, planning to reinvest the funds into its grid softwa...
Siemens AG looks to ride AI data centre waveChief Technology Officer, and Chief Strategy Officer at Siemens AG, Peter Koerte said, “Data centres are growing significantly, double-digi...
Billion-dollar specialists! Persistent, KPIT to outperform with up to 30% returns, says BernsteinBernstein has an outperform rating for Persistent Systems and KPIT, setting a target price of Rs 5,920 for Persistent, reflecting a 30% ups...
KPIT Technologies Q1 Results: Net profit rises 53% to Rs 134 croreKPIT Technologies, a Pune-based company, reported a 53.36% increase in net profit to INR134.44 crore in Q1 2022, supported by revenue growt...
Volkswagen to invest $193 bn over 5 years to help meet EV targetOver two-thirds of the five-year investment budget is allocated towards electrification and digitalisation, up from 56% in the previous fiv...
Behr-Hella sees India business doubling to form 10% of global revenue in five yearsThe company plans to tap into the growing domestic market and use India as a critical sourcing base for electric vehicle (EVs) components a...
KPIT identifies key acquisition areas for long-term growthThe company is working on long-term monetisation solutions for customers, like ecommerce through connected cars, and this is another area w...
KPIT Technologies Q1 results: Net profit rises by 149% to Rs 60 crRevenues for the period were up 15.15 per cent at Rs 567.38 crore. In dollar terms, revenue was up 18.3 per cent year on year at $77.2 mill...
Up 56% in 3 months! Will this engineering major's order book justify its premium valuation?The share of the in-focus sectors in ABB’s total revenue has increased to more than one-third from single digits about four years ago.
Engineering services revenue of seven Indian companies grew at double the paceThe engineering services revenue or ER&D business across seven Indian companies, including three pure ER&D players, in the IT-BPM sector ha...
Railways to use mathematical formula to maximise loco usage, increase revenueThe railways has a fleet of about 3,300 electric and diesel locomotive passenger trains across the country.
India strong asset in our operations, says Magneti Marelli CEO Pietro GorlierAuto components major Magneti Marelli’s global chief executive officer Pietro Gorlier tells ET that his company is working on developing co...
- ICSA up 1.7% in sluggish market extends gains on order win
ICSA shares were trading at Rs 70.50, up 1.7%, extending previous session’s gains on back of Rs 464 crore worth of order wins.