Oem

Over the long term, Li-ion batteries segment could see heightened competition which may put to test the market share enjoyed by both these leaders so far

Guidelines for scheme to boost electric passenger car manufacturing likely by February-end

The Ministry of Heavy Industries has already reached out to global original equipment manufacturers (OEMs) through the Society of Indian Automobile Manufacturers (SIAM) to gauge investor interest.

Cummins India Q4 results: Net profit jumps 50% to Rs 530.5 crore

The January-March period marks the fifth quarter in a row when Cummins India has posted strong revenue on the back of demand created by growth in private and public capital expenditure

Cummins India Q3 results: Net profit jumps 26% to Rs 455 crore

The October-December period is the fourth quarter in a row when Cummins India has been able to take advantage of the uptick in demand created by growth in private and public capital expenditure along with an easing of execution issues to post strong revenue

Ashok Leyland leverages record M&HCV volumes to boost its FY24 topline

The company is hoping to maintain its 30 percent market share this year and grow to about 35 percent going forward

Cummins India Q2 results: Net profit jumps 23% to Rs 329 crore

This is the third quarter in a row when Cummins India was been able to take advantage of the uptick in demand created by growth in private and public capital expenditure along with an easing of execution issues to post strong revenues.

HDFC Securities initiates rating Syrma SGS Technology with a 'buy' tag

Syrma SGS is an electronics manufacturing services company that specializes in manufacturing printed circuit board assembly (PCBAs). They offer integrated services to OEMs and cater to various industries

Moneycontrol Daily: Your Essential 7

A daily round-up of the most interesting articles to help jump-start the day.

Elin Electronics: This electronics manufacturing IPO has a valuation hook 

Elin Electronics is part of the high-growth Indian EMS (electronics manufacturing services) industry, which is set to grow at a CAGR of 41.1 percent over FY21-26

Tata Communications profit jumps 84% to Rs 543.76 crore in June quarter

The company had reported a profit of Rs 296.11 crore in the same period a year ago, it said in a regulatory filing.

Strong demand outlook for domestic solar OEMs aided by policy measures: ICRA

As a result, many domestic OEMs have announced sizeable capital expenditure to augment the cell and module capacity, including the capex for integrated facilities under PLI scheme by the winning bidders.

Ather Energy CEO sees massive EV demand, says Ola electric scooter helped grow awareness

The only impediment to the growth of electric vehicles can be charging infrastructure bottlenecks that may crop up in the next few years, says Tarun Mehta. In the last few months, the industry has seen 30-40 percent growth every month. In the next 2-3 years, volumes may grow 20-30 times over the cumulative volumes of the last 15 years, he says.

The Green Pivot | Ola Electric: Charged to compete, but will it be a disruptor in 2Ws?

Ola’s biggest challenge would be rising competition. New entrants such as Ather, Okinawa and Prevail Electric and traditional 2W makers such as Bajaj Auto, Hero Motocorp and TVS Motor Company are already testing the waters

Ramkrishna Forging hits 52-wk high, enters into agreement with European OEM

The value of the LTA is approximately euro 4 million per annum.

Endurance Tech working towards improving domestic margin to 13.8%

Endurance Technologies' stock rising 30 percent from its listing price of Rs 572 in October last year.

Two-wheeler sales to close FY17 with 7-8% growth: Report

The two-wheeler industry, whichrnhas been vrooming with high double-digit growth till October,rnis likely to shrug off the note ban shocks and close thernoutgoing financial year with a 7-8 per cent growth, accordingrnto a report.

COMMENT: Watch for Wabco while it is still weak

Amid the scrappage policy approval for old trucks and buses, let's take a look at Wabco India's ability to maintain competitive advantages.

Note ban impact waning off, hope for normalcy soon: Munjal Showa

Speaking to CNBC-TV18, Yogesh Munjal, MD of Munjal Showa said demonetisation impact has started waning off and things should return to normalcy soon.

Expect good festive demand to drive growth: MMFSL

In an interview to CNBC-TV18, Ramesh Iyer, Vice Chairman & MD, M&M Financial Services spoke about the results and his outlook for the company.

Gulf Oil Q2 net up 23.6% to Rs 30.2 crore

Total sales during the July-September quarter increased 9.2 percent to Rs 315 crore from Rs 288.4 crore in the corresponding quarter of FY2015-16.

M&M eyes 20-25% penetration for DiGiSense across India

Pawan Goenka, ED, M&M also added that currently applications are more commercial in nature.

Auto product biz sale will help concentrate on core biz: Escorts

Escorts today said that it will be divesting its OEM and export business of auto product division to Badve Engineering Ltd, Pune in an all cash deal.

Auto component industry to grow up to 10% in 2016-17: Icra

Icra expects the auto component industry to gain momentum and register growth of 8.5-10 percent in the current fiscal as against 2.8 percent growth in the last fiscal, the rating agency said in its quarterly note on auto component sector.

Credit Suisse sees 20% downside on TVS Motors, stock falls

Credit Suisse has initiated coverage on TVS Motor with an underperform rating. The brokerage firm has a target of Rs 260 per share, indicating 20 percent downside. It believes that street expectations of a 300 basis points margin improvement over the next two years are unlikely to be met.

BlackBerry will launch two mid-range Android phones in 2016: CEO

After releasing its first Android-powered Priv smartphone, the Canada-based smartphone manufacturer is determined to bring not one but two new mid-range smartphones that run on Google's platform.