Uno Minda acquires global lighting business of Europe based Rinder Group

Automobile components manufacturer Minda Industries Ltd announced an acquisition of the global lighting business of Spain based Rinder Group that manufactures automotive lamps- head lamp, tail lamps and small lamps....

Automotive industry grins and bears it, as usual

As has always been happening in the past, the Indian automotive industry has been left with no other choice, but to grin and bear it and pretend everything is hunky- dory. An additional 1 per cent tax will now be co...

Hero Cycles acquires Firefox Bikes in premium cycle segment

Hero Cycles, world’s largest bicycle manufacturer by volume, has acquired Firefox Bikes, India’s largest premium bicycle brand, as part of its strategy to further cement its position in the fast-growing premium cycl...

Shiroki Corp Japan acquires majority stake in Technico JV

Shiroki Corporation (an affiliate of Toyota Motor Corp), one of the leading global players for interior and exterior components for automobiles, has taken a 51pc equity stake in a new joint venture company with Tech...

Technico enters into JV with Shiroki Corpn

Shiroki Corporation of Japan and Technico India Pvt Ltd have formed a new joint venture company Shiroki Technico India Private Limited. Shiroki will have a 51pc stake in the new JV while Technico will have the remai...




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