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Lumax To Complete Acquisition Of IAC India
May 18, 2025
It was in March 2023, Lumax had acquired 75 percent stake in IAC India and now plans to merge it with its operations.
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Pricol Posts 18.79% Rise In FY25 Profit, Reports INR 1,670 Million Net Profit
May 16, 2025
For the fourth quarter (Q4 FY2025), revenue rose 32.81 percent YoY to INR 7.5 billion, while EBITDA reached INR 883 million. Q4 PAT was reported at INR 349.48 million.
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Remsons Bags USD 35 Million Order From Stellantis North America
May 15, 2025
As per the understanding, Remsons will supply critical components for Stellantis’ vehicle platforms such as Jeep Wrangler and RAM.
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Tata AutoComp Inks JV With Katcon Global For Composite Materials In Mexico
May 15, 2025
The JV will focus on lightweight applications for passenger vehicles, commercial vehicles, agricultural tractors, off-road vehicles and specialised non-automotive segments.
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Sterling Tools Crosses INR 10 Billion Revenue Mark In FY2025
May 14, 2025
On a standalone basis, total income stood at INR 6,516 million, up 6.2 percent YoY and net profit came at INR 429 million, up 10.5 percent YoY, with an EBITDA margin of 14.5 percent.
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Sterling Tools Partners UK’s Advanced Electric Machines To Make Rare Earth Magnet Free Motors In India
May 14, 2025
It expects that the traction motors market will to grow to around INR 150 billion by 2030.
