TVS Mobility arm acquires Italy-based automotive components supplier

Mumbai: TVS Mobility group on Monday said its subsidiary SI Air Springs has acquired Italy-based automotive components supplier Roberto Nuti Group, which will help it broaden the product range and strengthen its position in the global market. The pact between the two partners includes the 100 per cent purchase of Roberto Nuti Group by TVS … Read more

tyre industry: Tyre exports from India recorded at Rs 23,073 cr in FY24

The total tyre exports from India during 2023-24 stood at Rs 23,073 crore, matching previous year’s figure on the back of a sharp recovery in the second half of the fiscal, the Automotive Tyre Manufacturers’ Association (ATMA) said on Tuesday. In the first half of the year, tyre exports were severely impacted by falling demand … Read more

Portfolio: We would keep 12-15% cash and wait for stocks that would outperform over next 12 months: Sandip Sabharwal

Sandip Sabharwal, asksandipsabharwal.com, says “the markets have corrected and people are correlating it to what might happen in the election. I do not think that is the right way to do it. I think markets fall under their own weight when they become overweight. So, the Indian market became overweight and is correcting a bit. … Read more