Page 38 - Auto Components News Today

Bank, financial stocks get lion’s share from FPIs April 08, 2021 The sector received ₹77,200 crore of fund flows in FY21 Banking and financial sector stocks are the biggest gainers of the record foreign portfolio investor (FPI) inflows into Indian equities in fiscal year 2021 (FY21). Driven by ample liquidity in global markets and early signs of economic recovery in India, FPIs pumped in a record investment of ₹2.74-lakh crore into Indian equities in FY21. Of the total inflows, banks and ...

Uno Minda realigns businesses into 4 key functions March 15, 2021 Forms dedicated team to focus on ASEAN, EU, Americas and Japan markets Major auto components supplier Uno Minda on Monday said it is making key changes in the organisation in which it is realigning businesses into four domains, effective April 1. “The organisation is being carved into four domains which shall be system oriented. Domain realignment is done basis technologies, collaborators and customers connects. Realignment wi...

    In the current market session, Gentherm Inc. (NASDAQ:THRM) is trading at $74.17, after a 3.22% decrease. However, over the past month, the ...

Gadkari urges 100% localisation of auto components; may hike customs duty Updated Feb 26, 2021 | 17:30 IST Reiterating that the auto sector is a key driver of the Indian economy, the minister said increase in basic customs duty on select auto components will encourage local manufacturing of such items. Gadkari urges 100% localisation of auto components; may hike customs duty&nbsp Union Minister Nitin Gadkari on Thursday asked automobile manufacturers to hike localisation ...

U GRO Capital launches GRO Micro, expands its network by 25 branches; aims to support 50,000 small businesses by FY22

Share this article Share this article ResearchAndMarkets.coms offering. The Indian Industrial Lubricant Market stood at USD 1.54 billion in FY2019 and is projected to grow to USD 1.91 billion by FY2027, on the back of strong growth in construction & mining sectors across the country. Industrial lubricants find application in variety of end-user industries therefore, an extensive list of lubricants is available that include hydraulic oil, greases, gear oil, compressor oil, industrial engine oil,...

BW Businessworld Hero Motors Acquires Strategic Stake In Hewland Engineering For Undisclosed Amount This new collaboration with Hero Motors provides a capital infusion that will help us execute our strategic growth initiatives, as well as enhance our capabilities and presence within the EV market, Photo Credit : Auto components maker Hero Motors Company on Monday said it has acquired a strategic stake in UK-based transmission design technology firm, Hewland Engineering for an undisclosed sum. ...

Talbros Automotive Components Limiteds JV Wins multi-year order for supplies of BIW parts to a large European Car Manufacturer Posted On: 2021-01-13 07:21:16 (Time Zone: Arizona, USA) Marelli Talbros Chassis Systems Pvt. Ltd., the 50% JV company of Talbros Automotive Components Limited today announced that it has received multi-year order from a Large European Car Manufacturer. The Order is for supplying BIW (Body in White design) parts. The order supplies will begin in Q1FY22 from the JV...

How to choose auto component stocks Here are some yardstick for selecting auto component stocks Listed vehicle manufactures are only a handful in number. But it is not so when it comes to the auto component space, which has a number of mid- and small-cap stocks. The supply chain for the auto companies is quite long, consisting of at least three tiers of vendors. Thus, the auto component industry is highly fragmented. With auto being a cyclical industry, the fortunes of many parts suppliers also...

Concerns from pelosi and company particularly the issues of enforcement by the mexicans. making sure these workers are making $16 an hour, fair wages. because that was part of the problem is that auto companies were going down to mexico because it was cheaper labor and it was taking away from american jobs. this assures the manufacturing and the auto jobs stay in this country. i understand. >> bill: how will it help cross border? >> first and foremost it eliminates the worry about tariffs. 75% o...