Motherson to acquire Reydel Automotive Group
For US$ 201 Million from Cerberus; acquisition would further consolidate Motherson’s position as a global interior supplier
ReNew Power acquires Ostro Energy
Combined capacity will exceed 5600 MW of green energy assets
Shishir Joshipura joins Praj Industries as CEO & MD
With effect from 2nd April 2018
TVS Motor Company posts 27% growth in March 2018
Total two-wheelers registered growth of 25.8 percent
Ashok Leyland starts work on bus plant in Andhra Pradesh
Will be spread over 75 acres and once fully completed would be able to produce 4800 buses per annum
ADB, India sign $80 Million loan
To improve the skills ecosystem in Himachal Pradesh
Naini starts delivery of Aircraft and Helicopter looms
Naini unit of sick Hindustan Cables Limited along with identified assets and manpower was taken over by NAeL, a subsidiary of HAL
Platinum Equity completes acquisition of Husky
Acquired from Berkshire Partners and OMERS Private Equity
Tata Power sells Def Biz to Tata Advanced Systems
Part of the company’s plan to monetize its non-core assets and improve the balance sheet.
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