8 stocks go ex-dividend on August 7. Is your portfolio ready?Dividend-seeking investors have a busy day as August 6 is the last trading session to buy shares of companies declaring payouts with a reco...
Lumax Auto Tech to acquire remaining 25 pc stake in IAC India for Rs 221 crLumax Auto Technologies Ltd is set to acquire the remaining 25% stake in IAC International Automotive India Pvt Ltd for Rs 221 crore, makin...
Tech to drive India's manufacturers growth: SurveyIndian manufacturers are increasingly utilizing technologies such as IoT, AI, ML, robotics, and automation to boost profitability and globa...
Avaada Energy refinances Rs 597 crore for solar projects in Karnataka, MaharashtraAvaada Energy secured Rs 597 crore in refinancing from NIIF Infrastructure Finance Limited for its solar projects in Karnataka and Maharash...
Delhi HC restrains rival co from using Lumax’s confidential infoThe Delhi High Court has issued a restraining order against Fiem Industries, preventing them from utilizing confidential and proprietary in...
Component manufacturers steal the show on auto deal streetAs electrification catches pace in the world's third largest auto market amid changing strategies of multinational companies, the deal Stre...
Lumax Auto Technologies signs pact to acquire majority stake in IAC International Automotive IndiaAs part of this deal, 75 per cent of the stake will be bought through SPV (acquisition vehicle) at Rs 440 crore, which will be paid in cash...
Blackstone’s Horizon Industrial Parks leases 4.1 lakh sq ft to BENTELER, Lumax in PuneBlackstone Group-backed Horizon Industrial Parks has leased over 4.1 lakh sq ft built-to-suit manufacturing facilities to automotive majors...
MT Autocraft forays into electric mobility with a seed funding of Rs 100 croreMTA EV plant has in-house facilities for assembly, end of line vehicle inspection, production monitoring, paint shop, chassis fabrication a...
Manufacturing companies hiring locals to cut reliance on migrant labourersEconomists and top company officials said this could lead to a permanent shift in the labour workforce market as the pandemic made companie...
Lumax Auto jumps 7% on Rs 150 crore acquisitionLumax Auto Technologies is a smallcap company with a market capitlisation of Rs 730 crore.
Lumax Group to invest over $150 million, eyes inorganic opportunities in automotive plastic partsAnmol Jain, MD, Lumax Auto Technologies, told ET that his group has a turnover of Rs 3,500 crore and the effort is to double the size of th...
Stocks in the news: Eveready, Maruti, YES Bank, Adani Power, DHFL and Jet AirwaysDHFL has sold one of its crucial commercial properties DHFL House in the Andheri suburb of Mumbai.
Maruti Suzuki’s shrinking margin to hit auto ancillary stocks nextMaruti Suzuki reported 30% EBITDA miss on consensus for the December quarter.
Moglix launches GST filing solutionThe company currently has operations in North and West India and sells to over 200 mid to large sized companies through its platform.
BSE, NSE to shift 30 companies to restricted trading segmentIn the trade-to-trade segment, no speculative trading is allowed and delivery of shares and payment of consideration amount are mandatory.
BSE to move 7 companies to restricted trading segment from August 26Under the trade-for-trade segment, no speculative trading is allowed and delivery of shares and payment of consideration amount is mandator...