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WIRING HARNESS MAKER
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- Samvardhana Motherson arm to buy Cirma SAS for Rs 7.2 millionSamvardhana Motherson Automotive Systems Group BV (SMRPBV) has signed a binding undertaking to acquire a 100% stake in Cirma Entreprise fro...
- Hero Electric partners with Dhoot Transmission for wiring harness solutions"Our partnership with Dhoot Transmission to procure wiring harnesses for our products is a step towards ensuring vehicle efficiency and cus...
- Motherson Sumi Wiring to ride ‘higher premiumisation’ waveMSWI has been carved out of MSS after a recent restructuring. The shareholders were issued one share of MSWI for every share of MSS. With t...
- Motherson Sumi Systems shares slide 22%; here's whyThe board of auto parts maker has fixed the record date for the scheme of arrangement as Monday, January 17. According to the stock exchang...
- How a single Covid case rocked the World’s biggest carmakerCarmakers globally have lost revenue because shortages have slammed output. India’s largest automaker, Maruti, said volume would likely dro...
- Biz rejig takes care of all concerns of Motherson Sumi stakeholders: Vivek Chaand Sehgal‘Sumitomo wanted their focus only to be on the domestic wiring harness business for which this JV was set up 37 years ago.’
- Motherson Sumi to raise up to Rs 500 crore via issue of securitiesThe company, however, did not disclose the reasons for raising the capital.
- Dhoot Transmission acquires Bengaluru’s San ElectromecDhoot Transmission has no immediate plans for further acquisitions but is open for any new opportunities.
- Auto parts companies may face a hit as US truck orders peak outThe impact on the financials of Indian suppliers will reflect in the next few months.
- Motherson Sumi surges nearly 10% as company eyes deal with LeoniThe scrip was 9.70 per cent up at Rs 177 at around 09.26 am.
- Dhoot Transmission to sign equal joint venture with US’ CarlingThe plant is likely to come up at Dhoot Transmissions’ existing base in Aurangabad. The JV will aim to meet the requirements of the growing...
- Motherson Sumi likely to foray into railways segment through PKC acquisitionPKC has over 20 manufacturing facilities across Russia, Lithuania, Serbia, Poland, Estonia, Finland, China, United States, Brazil and Mexic...
- Motherson Sumi wired for near-term earnings growth with Finland’s PKC buyMotherson has been so far supplying wiring harness mainly to passenger cars. The entry in the CV segment will expand its product portfolio.
- Motherson Sumi rallies 4% on PKC’s acquisition for Rs 4,150 croreMotherson Sumi said it would make a voluntary, recommended public tender offer to acquire all the issued and outstanding shares and option ...
- Motherson Sumi Systems shares rise more than 5.5% on hopes on good earningsThe company's wiring harness business remains most competitive and significant loss in market share is unlikely.
- Auto ancillary firm Minda focussing on bettering operating efficiency to improve marginsA rough phase during 2012 taught the firm to prioritise margin over revenue and that it needs to close down several products.
- Samvardhana Motherson Group Chairman: Our strategies are more attuned to global marketsMotherson Sumi Systems, India’s largest automotive component maker, purchased US-based Stoneridge for $65.7 mn, to expand its customer base.
- Motherson Sumi Q1 PAT soars five-fold; to invest Rs 500 crAuto component maker Motherson Sumi Systems today said it will invest up to Rs 500 crore in setting up four new facilities this fiscal.
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