Tvs Group

The Hinduja Group flagship company was also gearing up to launch its electric light commercial vehicles (LCVs) within the next few months.

Sundram Fasteners: Where daughters have taken the wheel

The SFL show is largely run by Arathi and Arundathi Krishna, with their proud dad cheering them on.

Without its JV partner, Wheels India chases overseas sales and registers sixth quarter of growth

London-headquartered Titan Europe had held a 34% stake in Wheels India Ltd.

Century-old TVS & Sons needs a new purpose, former group companies freer to innovate

With the empire split into four separate companies and pursuing individual paths, the holding company needs a new function

TVS Motor promoters likely to sell stake via block deals this month

Sundaram Clayton, the listed auto component manufacturing arm of the $8.5 billion TVS Group, is likely to sell two percent of its stake in the company.

TVS Group families start making changes after completion of recast

Some group companies have made board-level changes and one has put up prime property for sale.

TVS Group’s Sundaram Clayton embarks on internal rejig to unlock value

The firm has proposed to reorganise and segregate the businesses of manufacturing non-ferrous gravity and pressure die castings from its other businesses, according to a stock exchange disclosure.

Sundram Fasteners, Wheels India adhere to TVS Group restructuring accord

The two companies agreed to comply with the arrangement chalked out by the group’s four families to function independently even though they are not part of the non-compete pact.

Wheels India announces Rs 37 crore capex to meet rising exports demand

Wheels India has manufacturing plants in Tamil Nadu, Maharashtra, Uttar Pradesh and Uttarakhand. It has a combined overall annual capacity of 10.3 million wheels.

Internal restructuring of TVS Group gets Competition Commission nod

The proposed transaction does not give rise to any competition concerns irrespective of the manner in which the markets are defined, as per the notice.

Interview | Targeting a double-digit compounded growth in revenue: Arathi Krishna, MD, Sundram Fasteners

While the technology transition — from BS VI to electric vehicles — has thrown up immense scope for Sundram, the company is looking at non-auto sectors as well, says Krishna

TVS family to implement MFA through composite scheme of arrangement at NCLT

On December 10, 2020, an MFA was executed among various mem­bers of the TVS family who are shareholders of T V Sundram Iyengar & Sons (TVSS), Sundaram Industries (SIPL), and Southern Roadways (SRW). The three firms are collectively refer­red to as the TVS holding companies.

TVS Group's Sundaram-Clayton announces temporary production shut down

SCL said it will be shutting its Padi factory in Tamil Nadu for two days owing to slowdown in the automotive industry.

TVS Group looks to sell 20% stake in logistics arm for up to Rs 400 cr

In other news, SoftBank Vision Fund, the late stage fund led by Japan’s Masayoshi Son and one of the biggest investors in Indian tech-enabled startups, said it is not in a hurry to list the companies it has invested in the country and would wait for the right opportunity

Wheels India commences supply of suspension parts to Railways

The city based company also said it had plans to widen its customer base across the products it manufactures and reduce the cyclical impact of the segments it supplies to.

Indian company invests $50 mn in South Carolina

Located in the Ridgeville Industrial Campus in South Carolina, Sundaram-Clayton Limited (SCL) has acquired 50 acres of land for its new facility, where it will manufacture aluminium high-pressure die-cast products and permanent mold gravity cast parts for its customers, a company statement said yesterday.

Sundram Fasteners Q2 standalone Net soars 82.4%

Sundram Fasteners, a TVS Group company, has recorded 82.4 per cent rise in standalone net profit at Rs 76.93 crore for the quarter ending September.

Wheels India Q2 net up 40.99% at Rs 13.07 cr

The net profit of the company stood at Rs 9.27 crore during the corresponding quarter of the previous year, according to Wheels India Managing Director Srivats Ram.

Canadian fund CDPQ pumps in Rs 1,000 cr into TVS logistics arm

Canadian pension fund manager CDPQ today announced an investment of over Rs 1,000 crore to acquire a sizeable minority stake in TVS Group's third-party logistics arm, which will include buying out the existing private equity investors Goldman Sachs and KKR.

Here are some stock ideas from SP Tulsian

In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his reading and outlook on the market.

You go girl! TVS Group launches all-women racing team

In an interview to CNBC-TV18, Arvind Pangaokar, Head of TVS Racing said that getting the girls to the big racing leagues is a challenge that TVS has been looking forward to for a while.

Wheels India Q3 net profit rises 5.65% to Rs 5.98 crore

The Chennai-based company's net profit was Rs 5.66 crore during the corresponding quarter of last fiscal, Wheels India said in a statement.

TVS Srichakra board approves sale of shares

The firm also proposes to purchase 15,89,699 Compulsory Convertible Preference Shares (CCPS) in TVS Automobile Solutions Ltd, amounting to Rs 40 crore.

Sundram Fasteners to raise Rs 300 crore through NCDs

"The proceeds of Debenture issued are meant to augment long term resources for financing the company's working capital requirements, capital expenditure or for general corporate purposes", the company said in a BSE filing.

TVS Emerald's 1st residential project done; looks for more land

The company now has plans to consolidate and expand business within Chennai's property market. With 448 apartments and another project launch under its belt within 2 years, TVS Emerald is now keen on expanding its footprint.