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Pakistan's 'invisible hand' behind Noida protests? 2 Pak-based X accounts spread fake death claims to trigger labour violence, confirms policePakistan Noida protest link: Noida Police have identified two social media accounts on X, operated from Pakistan via VPNs, for allegedly in...
Noida protests flare up again over salary hike demandsWorkers protested for salary hikes near Sector 8 Jama Masjid, while police investigated social media accounts from Pakistan allegedly fueli...
‘You get what you pay for’: Chinese woman naps 5 hours in office, in Noida workers protest for basic payNoida witnessed a violent workers' protest over wages on Monday. Clashes, arson, and vandalism erupted in key industrial areas, disrupting ...
'Same company, 35% higher salaries': The Gurgaon connection behind Noida factory workers’ protestsNoida's factory workers erupted in violent protests, demanding higher minimum wages after learning of significant pay hikes in Gurgaon. Thi...
Motherson's Marelli takeover faces US hedge fund bumpSamvardhana Motherson is preparing to compete with Strategic Value Partners (SVP) for the acquisition of Marelli Holdings. Motherson is rep...
Motherson Sumi Q1 results: Co reports net profit at Rs 368 croreConsolidated total revenue from continuing operations stood at Rs 16,157.35 crore during the quarter under review. It was at Rs 8,348.35 cr...
Demand in India's car market to stay strong in FY22, says Motherson GroupWhile commercial vehicle sales are beginning to come out of a trough, car sales are strong because of increasing consumer preference for pe...
Motherson Group looking at distributing Covid-19 vaccine through its logistics bizThe Group expects 25% of its turnover will come from these new ventures in the next five years. The Motherson Group recently raised close t...
Auto components major Motherson expects demand to be normal by OctoberVC Sehgal, chairman of Motherson Sumi Systems Limited (MSSL), said while recovery in demand in India after the lockdown has been weak compa...
Motherson Group rejig plan fails to enthuse investorsSome analysts said the deal would be beneficial for the company in the long run.
Over 80 plants across globe resume operations: Motherson SumiAround 30 per cent of the functional factories are now running at more than 80 per cent capacities, while rest of them are now running at u...
Auto-parts demand from China at pre-coronavirus level: Motherson GroupThe recovery in China from the Covid-19 outbreak has been strong and a similar trend should emerge in other parts of the world, helping mar...
Motherson Sumi Systems Q2 net profit falls 7.6% to Rs 457.82 croreThe company had posted a consolidated net profit of Rs 495.48 crore.
Maruti Suzuki’s shrinking margin to hit auto ancillary stocks nextMaruti Suzuki reported 30% EBITDA miss on consensus for the December quarter.
Motherson Sumi in early-stage merger talks with Leoni: SourcesAn acquisition of Leoni would add to Motherson Sumi's 180 facilities across 37 countries.
- Matsui Tech sets up joint venture with Frigel for cooling solutions
The joint venture is named Frigel Intelligent Cooling Systems India and will enable both partners to significantly enhance the quality of t...
Auto parts maker Rane Group plans Rs 650-crore expansionThe group has set up an office in the US to be closer to its customers to facilitate global procurement from India.
Motherson Sumi slumps as client VW runs into regulatory troubleMotherson Sumi fell 9% on Tuesday amid concerns that regulatory problems being faced by VW, may weigh on its business prospects.
- Auto components: Rising costs a worry, but diversification may help
The stock performance of auto components cos in the past 6 months doesn’t reflect their robust financial growth relative to the automakers.
- Motherson Sumi Q1 PAT soars five-fold; to invest Rs 500 cr
Auto component maker Motherson Sumi Systems today said it will invest up to Rs 500 crore in setting up four new facilities this fiscal.