Hindalco Industries Ltd., the metals flagship of the Aditya Birla Group, announced it will acquire a 100% equity stake in US-based AluChem Companies, Inc. for an enterprise value of $125 million. The acquisition will be completed through Aditya Holdings LLC, a wholly owned subsidiary of Hindalco, and is expected to close in the next quarter,… Continue reading Hindalco to Acquire US-Based AluChem Companies for $125 Million
Author: Autocar_Professional India Online News
CIE Aluminium Casting to Acquire 29% Stake in AMPIN Energy C&I Thirty One for Green Energy Supply
CIE Aluminium Casting India Limited (CIEALCAST), a wholly owned subsidiary of CIE Automotive India Limited, will acquire up to a 29% stake in AMPIN Energy C&I Thirty One Private Limited for ₹1.75 crore, according to a filing with stock exchanges on Tuesday. The move aims to support CIE Automotive India’s sustainability goals by sourcing captive… Continue reading CIE Aluminium Casting to Acquire 29% Stake in AMPIN Energy C&I Thirty One for Green Energy Supply
Pricol Announces Resignation of Chief Technology Officer Kanakaraju Krishnasamy
Pricol Limited, a leading automotive component manufacturer, announced on Tuesday that its Chief Technology Officer (CTO) for Actuation, Control and Fluid Management Systems, Kanakaraju Krishnasamy, has tendered his resignation. Krishnasamy’s resignation will be effective at the close of business on June 24, 2025. In his letter to Pricol’s leadership, he expressed his intention to pursue… Continue reading Pricol Announces Resignation of Chief Technology Officer Kanakaraju Krishnasamy
Tata Motors Accelerates Demerger, Targets Year-End Completion for Separate CV and PV Entities
Tata Motors is rapidly advancing its strategic demerger, with the company’s Commercial Vehicle (CV) and Passenger Vehicle (PV) businesses expected to operate as independent, publicly listed entities by the end of 2025. This aggressive timeline indicates the Indian automotive giant’s efforts to unlock value and provide focused growth paths for its distinct business segments. PB… Continue reading Tata Motors Accelerates Demerger, Targets Year-End Completion for Separate CV and PV Entities
Tata Motors Accelerates Demerger, Targets Year-End Completion for Separate CV and PV Entities
Tata Motors is rapidly advancing its strategic demerger, with the company’s Commercial Vehicle (CV) and Passenger Vehicle (PV) businesses expected to operate as independent, publicly listed entities by the end of 2025. This aggressive timeline indicates the Indian automotive giant’s efforts to unlock value and provide focused growth paths for its distinct business segments. PB… Continue reading Tata Motors Accelerates Demerger, Targets Year-End Completion for Separate CV and PV Entities
Tata Motors Targets 20% Growth in CV Exports with Global Expansion Plans
Automotive giant Tata Motors, is strategically recalibrating its international business, anticipating more than 20% growth in its commercial vehicle (CV) exports. Historically, Tata Motors’ primary international markets for commercial vehicles have been the SAARC region, followed by Sub-Saharan Africa, the Middle East, and ASEAN. While these established markets remain crucial, the company is now making… Continue reading Tata Motors Targets 20% Growth in CV Exports with Global Expansion Plans
Himadri Speciality Chemical Ltd Completes $4.43 Million Investment in International Battery Company
Himadri Speciality Chemical Ltd (HSCL) has formally completed its investment in the US-based International Battery Company, Inc. (IBC), acquiring a 16.24% stake for a total consideration of USD 4.43 million. This development follows the company’s earlier disclosure dated May 22, 2025, in which its board approved the acquisition. In line with Regulation 30 of SEBI… Continue reading Himadri Speciality Chemical Ltd Completes $4.43 Million Investment in International Battery Company
Tata Motors Bets Big on 2:2:2 EV Strategy to Drive Long-Term Growth
Tata Motors is betting on a “2:2:2” electric vehicle strategy — two models each in the entry, mid, and premium segments — to strengthen its leadership in India’s fast-evolving EV market. The structured product roadmap, outlined by Shailesh Chandra, Managing Director of Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, is designed to cater… Continue reading Tata Motors Bets Big on 2:2:2 EV Strategy to Drive Long-Term Growth
Horse Powertrain reveals integrated hybrid powertrain
Horse Technologies, a division of Horse Powertrain and a leader in innovative and low-emission powertrain systems, has announced its announced its new integrated hybrid drive unit, the HR18 HEV. The first complete powertrain unit designed, developed, and produced under the Horse Powertrain brand, the HR18 HEV was developed at the R&D centres in Romania and Spain. The unit will… Continue reading Horse Powertrain reveals integrated hybrid powertrain
Tata Against Hybrid Incentives, May React If Market Develops
Tata Motors may consider adding hybrid powertrains to its portfolio if market dynamics demand it, according to Shailesh Chandra, Managing Director of Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility. “We will be hoping to use the technology to deliver value to the customer and obviously it [hybrids] would be under consideration for different… Continue reading Tata Against Hybrid Incentives, May React If Market Develops