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Bharat Forge Q2FY25 results

BFL group's defence business posted revenue of Rs 5.09 billion in Q2 registering a jump of 67% YoY. Read more

Elgi Equipments releases Q4 FY24-25 results

The company, on a consolidated basis posted a PAT of Rs 947 million for the quarter, compared to a PAT of Rs 913 million in the same period in 2023-2024, representing a growth of 4%. Read more

o9 and Valeo to drive digital transformation with seven year partnership

This partnership between o9 and Valeo is the result of Valeo’s effort to consistently improve its operations for better competitiveness and enhanced service to its customers.Read more

Inteva Products expands Pune plant to meet growing automotive demand

In addition to its Pune facility, Inteva operates a technical centre in Bengaluru with a team of 317, including 200 engineers, who support product development and engineering for global and Indian operations.Read more

Schaeffler to lay off 4,700 jobs amid challenges in Europe’s auto sector

Overall, the job cuts will affect around 3.1% of Schaeffler's workforce of 120,000, which increased after its merger with electric powertrain specialist Vitesco.Read more

Telangana’s T-Hub partners with Japanese auto manufacturer Denso

With major players like Mahindra & Mahindra, Bharat Forge, Exide, and Amara Raja Batteries setting up advanced manufacturing facilities, the state is transforming into a hub for both traditional automotive components and electric vehicle technologies.Read more

Mahindra debuts electric origin SUVs named XEV 9e and BE 6e

The SUVs will premiere globally at UNLIMIT INDIA, on November 26, 2024, in Chennai.Read more

Lord’s Mark reports growth of 40.41% to Rs 4.22 billion in FY24

The company through its subsidiary has launched saliva-based technology for genome testing through its brand MyDNA. Read more

Freudenberg expands with €42 million manufacturing plant in Morinda, Punjab

The facilities will cater to key sectors such as automotive and industrial manufacturing, ensuring the company remains competitive by optimising material flows and leveraging modernised equipment.Read more

BYD shifts to import-only strategy in India amid FDI challenges

BYD currently imports three models from China and believes this strategy will sustain its operations in the near term.Read more

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