Days after Sunjay Kapur’s birth anniversary, his wife Priya Kapur and son Azarias performed a pooja at Sona Comstar, seeking protection, peace, and prosperity while vowing to carry his legacy forward.
MD Vivek Vikram Singh requested the government to build appropriate testing infrastructure to ensure quality of the magnets
Following the death of business leader Sunjay Kapur, a legal dispute emerged over his assets, with his children from first marriage to actress Karisma Kapoor challenging a Will presented by his widow, Priya Sachdev.
The controversy first emerged when Rani Kapur sent an e-mail to the board of Sona Comstar demanding the postponement of its AGM
"The events leading to Sunjay's death are very alarming," a family source informed ANI, further stating that the UK authorities have been urged to take immediate action.
According to sources who spoke to ANI, an official criminal complaint has been lodged in the UK by Rani Kapur, raising questions about what she terms ‘mysterious circumstances’ around Sunjay’s demise
The company has clarified that Rani Kapur has had no role in the Sona Comstar 'since at least 2019', and denied that later Sunjay Kapur's mother was coerced into signing any documents. The company added that recent appointments on the board were 'ratified by an overwhelming majority' of shareholders.
Priya Kapur's association with the Kapur family businesses stems from her marriage to Sunjay Kapur in 2017.
Rani Kapur alleged that she was 'coerced' into signing documents behind locked doors, and that some people were trying to usurp Kapur family's legacy.
The Gurugram-based firm said it will invest $12 million, while its Chinese counterpart will put $8 million into the joint venture in the first phase
Just hours before his death, Kapur had posted on X about the Air India crash in Ahmedabad.
The company has in the past talked about the need to expand beyond the automotive sector to broader mobility areas to achieve a longer term growth ambition.
Sona BLW's QIP issue attracted strong investor interest, resulting in a subscription level 5.5 times the shares on offer. SBI Mutual Fund and ICICI Prudential mutual fund were among the major investors.
Earlier, CNBC-Awaaz reported, citing sources, that the auto component major is looking to raise Rs 2,000 crore through a QIP this month
The Sunjay Kapur-led global provider of automotive technology solutions has announced that it will be making driveline solutions for Battery Electric Vehicles (BEVs) in North America.
The company had filed seven applications for different products under the PLI scheme, and it has received the certification for its first product, a hub wheel drive motor for electric two-wheelers, Sona Comstar said in a regulatory filing.
Sona BLW reported a 47 percent YoY increase in consolidated net profit at Rs 112 crore in the June quarter. Brokerages say it'll be difficult to sustain the performance in the long run due to scale disadvantage and pricing pressure
Equipmake has patented technology which offers high power density and efficiency with high performance, making it ideal for electric cars, buses, and commercial vehicles.
Advanced Driver Assistance Systems (ADAS) sensors are a fast-growing category in the automotive industry, with a potential market size of around USD 43 billion by 2030.
Ahead of the Auto Expo Components 2023, from January 12-15, at Delhi's Pragati Maidan, Sona Comstar chairman and ACMA president talks about how electric vehicles are transforming manufacturing, the need for light-weighting, and global supply.
The sell-off has not stopped analysts from voicing their optimism for the stock. Some have also upgraded their rating on the counter arguing the sell-off in the stock is perhaps the best time to accumulate the stock.
CNBC TV-18 had earlier reported the American private equity firm would sell a 13.6 percent stake in the firm at Rs 500 per share and raise about Rs 4,000 crore from the transaction.
The partnership will give the company access to Israel's hi-tech mobility startup ecosystem, including access to Drive's new testing, evaluation and development centre, Sona Comstar said in a statement.
Auto parts makers are looking at everything from motors and controllers to battery management systems, chargers and charging systems, and remote diagnostics.
The Gurugram-based MoEVing is a holistic technology player focused on full-stack solutions for the mass adoption of electric vehicles in the country.