Motherson Group

Motherson Group is a leading automotive component makers for original equipment manufacturers.

Daimler India owned Bharat-Benz and Motherson Group have collaborated to provide logistics for these vaccines, ensuring a safe setting where they are not ruined.

India's leading engineering conglomerate, Escorts Limited, announced its autonomous farming solution with the launch of India's first autonomous concept tractor at the Exclusive 2018 here in Delhi. Escorts has collaborated with seven technology giants namely- Microsoft, Reliance Jio, Trimble, Samvardhana Motherson Group, WABCO, Bosch and AVL.

Motherson is now the controlling shareholder of PKC Group, holding 93.75 percent of PKC's outstanding shares and stock options.

Motherson Sumi will make a voluntary, recommended public tender offer to acquire all the issued and outstanding shares and option rights in PKC.

Auto ancillary player Samvardhana Motherson Group has raised $100 million in debt by selling bonds to overseas investors.

Auto component maker Motherson Sumi Systems on Thursday said its subsidiary Samvardhana Motherson Automotive Systems Group will raise $300 million (around Rs 2,000 crore) through issue of notes due in December 2021 to repay debt and general corporate purposes.

Motherson Sumi has also decided to build to new plants-one in USA, Tuscaloosa, the other in Hungary which will be closer to Daimler's operations.

The company's plant in Hungary will be located close to Daimler's operations in Kecskemet, while the US facility would come up in the region around Tuscaloosa, close to Daimler's assembly plant. It did not disclose investment details for the new plants.

Automotive parts maker Motherson Sumi Systems will acquire Germany's Scherer & Trier in a deal worth Rs 283 crore, a move that will help the company to offer diverse polymer products.

SMIL will enter the JV through the acquisition of 50 per cent stake in Magneti Marelli Shock Absorbers India Pvt Ltd, the Italian firm's arm in India, SMIL said in a statement.

The transaction includes six manufacturing facilities located in Portland, Indiana; Chihuahua, Mexico; Saltillo Mexico and Monclova, Mexico; as well as an engineering and administrative centre located in Warren, Ohio, it added.

Revenue growth during the quarter was led by group firm Samvardhana Motherson Peguform which posted sales of Rs 4,091 crore. The group's sales in India was at Rs 1,146 crore while that of outside the country was at Rs 2,653 crore.

Starting on Monday, parliament will begin considering the finance bill that includes the tax proposals but final details may be a month or more away, government sources have said, which could prolong the uncertainty and aggravate a balance of payments shortfall.

Samvardhana Motherson initial public offering will open for subscriptions on May 2 and close on May 4, 2012.

Motherson Group is a leading automotive component makers for original equipment manufacturers.

Daimler India owned Bharat-Benz and Motherson Group have collaborated to provide logistics for these vaccines, ensuring a safe setting where they are not ruined.

India's leading engineering conglomerate, Escorts Limited, announced its autonomous farming solution with the launch of India's first autonomous concept tractor at the Exclusive 2018 here in Delhi. Escorts has collaborated with seven technology giants namely- Microsoft, Reliance Jio, Trimble, Samvardhana Motherson Group, WABCO, Bosch and AVL.

Motherson is now the controlling shareholder of PKC Group, holding 93.75 percent of PKC's outstanding shares and stock options.

Motherson Sumi will make a voluntary, recommended public tender offer to acquire all the issued and outstanding shares and option rights in PKC.

Auto ancillary player Samvardhana Motherson Group has raised $100 million in debt by selling bonds to overseas investors.

Auto component maker Motherson Sumi Systems on Thursday said its subsidiary Samvardhana Motherson Automotive Systems Group will raise $300 million (around Rs 2,000 crore) through issue of notes due in December 2021 to repay debt and general corporate purposes.

Motherson Sumi has also decided to build to new plants-one in USA, Tuscaloosa, the other in Hungary which will be closer to Daimler's operations.

The company's plant in Hungary will be located close to Daimler's operations in Kecskemet, while the US facility would come up in the region around Tuscaloosa, close to Daimler's assembly plant. It did not disclose investment details for the new plants.

Automotive parts maker Motherson Sumi Systems will acquire Germany's Scherer & Trier in a deal worth Rs 283 crore, a move that will help the company to offer diverse polymer products.

SMIL will enter the JV through the acquisition of 50 per cent stake in Magneti Marelli Shock Absorbers India Pvt Ltd, the Italian firm's arm in India, SMIL said in a statement.

The transaction includes six manufacturing facilities located in Portland, Indiana; Chihuahua, Mexico; Saltillo Mexico and Monclova, Mexico; as well as an engineering and administrative centre located in Warren, Ohio, it added.

Revenue growth during the quarter was led by group firm Samvardhana Motherson Peguform which posted sales of Rs 4,091 crore. The group's sales in India was at Rs 1,146 crore while that of outside the country was at Rs 2,653 crore.

Starting on Monday, parliament will begin considering the finance bill that includes the tax proposals but final details may be a month or more away, government sources have said, which could prolong the uncertainty and aggravate a balance of payments shortfall.

Samvardhana Motherson initial public offering will open for subscriptions on May 2 and close on May 4, 2012.