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  • Amtek Auto deal will be our first big entry into India auto sector: Sanjeev Gupta Mar 08, 2018 01:42 PM IST

    Amtek Auto deal will be our first big entry into India auto sector: Sanjeev Gupta

    Liberty House has emerged as the top bidder for Amtek Auto. In an interview with CNBC-TV18, Sanjeev Gupta, Chairman of Liberty House Group spoke about the latest happenings in his company and sector.

  • Liberty House eye Indian stressed assets Feb 26, 2018 10:10 AM IST

    Liberty House eye Indian stressed assets

    In an interview with CNBC-TV18, Sanjeev Gupta, Executive Chairman of Liberty House discussed the highlights of the key Indian assets that they have bid for.

  • To invest Rs 700 cr in domestic capex; defence orders healthy: Bharat Forge Dec 05, 2017 11:48 AM IST

    To invest Rs 700 cr in domestic capex; defence orders healthy: Bharat Forge

    The order book for oil and gas business is pretty strong, it is almost 4-5 times last year, said Baba Kalyani, CMD, Bharat Forge.

  • Insolvency process: Key challenges explained by Abizer Diwanji, EY-India Jun 28, 2017 11:24 AM IST

    Insolvency process: Key challenges explained by Abizer Diwanji, EY-India

    The NPA resolution drive has led to the rise in business for consultants like EY, Deloitte, PWC etc. To explain the process of how the insolvency of a company under IBC takes place, CNBC-TV18 spoke to Abizer Diwanji, Partner & National Leader-Financial Services, EY- India.

  • Essar, Amtek, Bhushan, JP Infra, Lanco among 12 big NPAs on RBI list Jun 16, 2017 08:10 AM IST

    Essar, Amtek, Bhushan, JP Infra, Lanco among 12 big NPAs on RBI list

    The RBI has sent bankers the list of 12 stressed accounts that they must resolve through the Insolvency and Bankruptcy Code (IBC).

  • Fresh infusion to help debt reduction: Amtek Auto Nov 30, 2016 04:02 PM IST

    Fresh infusion to help debt reduction: Amtek Auto

    The investors has made a significant investment in the group, said John Flintham, Vice Chairman of Amtek Auto. The company did not disclose name of the investor.

  • Mahindra CIE in race for Amtek Auto's German asset Oct 04, 2016 09:00 AM IST

    Mahindra CIE in race for Amtek Auto's German asset

    Mahindra CIE could be interested in German assets of Amtek Auto which is desperately looking for a buyer to pare its Rs 15,000-crore debt, according to people privy to the two companies. Amtek Auto is also talking to other players in the market, reports CNBC-TV 18.

  • SEBI begins probe against CARE, CRISIL on rating suspension:Srcs Jun 21, 2016 01:57 PM IST

    SEBI begins probe against CARE, CRISIL on rating suspension:Srcs

    Sebi's view is that ratings cannot be withdrawn if obligations on a rated security are outstanding but the agencies can suspend the rating only in the case of a merger or closure of a company. CARE suspended its rate on Amtek Auto and CRISIL downgraded JPMorgan MF schemes.

  • Exposure to Amtek; see 25 bps cut by RBI: IDBI Bank Sep 23, 2015 10:00 AM IST

    Exposure to Amtek; see 25 bps cut by RBI: IDBI Bank

    Believes Amtek is trying to provide confidence to bond holders, says Kishor Kharat MD & CEO at IDBI Bank.

  • Shareholders have a good case against Castex: IIAS Sep 10, 2015 01:07 PM IST

    Shareholders have a good case against Castex: IIAS

    In an interview to CNBC-TV18, Hetal Dalal, COO, IIAS, says the shareholders have a good chance of winning a case against the company.

  • Marginal exposure to Amtek Auto; no SDRs: Karur Vysya Bank Sep 09, 2015 11:46 AM IST

    Marginal exposure to Amtek Auto; no SDRs: Karur Vysya Bank

    About Rs 16,000 crore loans and bonds of Amtek Auto, which provides ancillary parts to Maruti Suzuki, are at stake. The company's rating has been downgraded to C in August, from A + on weak financial fundamentals.

  • Steel NPAs manageable; Amtek exposure Rs 1200 cr: Bk of Mah Aug 21, 2015 10:37 AM IST

    Steel NPAs manageable; Amtek exposure Rs 1200 cr: Bk of Mah

    In an interview with CNBC-TV18, Executive Director of Bank of Maharashtra R Athmaram says that NPAs in the steel sector are manageable. He expects the bank's NPA situation to improve in coming two quarters.

  • Not facing issues with lenders; will lower debt: Amtek Auto Aug 19, 2015 04:13 PM IST

    Not facing issues with lenders; will lower debt: Amtek Auto

    The company also has huge debt on its books, but Gautam Malhotra of Amtek Auto says he is exploring various options to reduce the same and expects to lower it by up to Rs 2,000 crore in the next two years.

  • Asahi buyout to transform operations in SE Asia: Amtek Auto Apr 28, 2015 09:54 AM IST

    Asahi buyout to transform operations in SE Asia: Amtek Auto

    Amtek Auto, one of India‘s largest auto component maker, will complete the transaction through its overseas subsidiary.

  • Amtek Auto sees significant rise in direct exports for 2015 Jan 19, 2015 01:44 PM IST

    Amtek Auto sees significant rise in direct exports for 2015

    The direct exports for the company have gone up from Rs 500 crore to Rs 1000 crore in the2014 and would jump considerably in 2015 too, says John Flintham, Senior MD & CEO of Amtek Auto.

  • See 20% plus EBITDA margins for FY15: Amtek Auto Oct 10, 2014 11:48 AM IST

    See 20% plus EBITDA margins for FY15: Amtek Auto

    The capacity utilisation for the company currently stands at 57 percent, which is likely to go up to 58-59% for the year, says John Flintham, senior MD & CEO, Amtek Auto.

  • Amtek Auto picks 51.3% stake in JMT Auto Jun 28, 2013 12:32 PM IST

    Amtek Auto picks 51.3% stake in JMT Auto

    Amtek has paid about Rs 110 crore for 51.27 percent in JMT Auto. There will be an open offer for 26 percent, following the government guidelines.

  • Restructured Europe biz to account for lower sales: Amtek Nov 24, 2011 03:24 PM IST

    Restructured Europe biz to account for lower sales: Amtek

    Due to the adverse impact of the ongoing crisis in the eurozone, Amtek Auto tells CNBC-TV18 that it has restructured businesses so as to account for the drop in sales.

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