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Discover how auto ancillary companies are set to benefit from Teslas expansion into the Indian EV market. Explore the opportunities for companies like SK, Sundram Fasteners, Suprajit, Motherson, and Sandhar Tech in the growing electric vehicle sector.

Electric Vehicles: Discover how auto ancillary companies are set to benefit from Teslas expansion into the Indian EV market. Explore the opportunities for companies like SK, Sundram Fasteners, Suprajit, Motherson, and Sandhar Tech in the growing electric vehicle sector.

Mumbai: Global private equity major Blackstone, which manages $1 trillion in assets, plans to invest $25 billion in India over the next five years.

Sona Comstar PLI Certification: The company had filed seven applications for different products under the PLI scheme, and it has received the certification for its two products till now, the company said.

The mined metal production of Hindustan Zinc for the quarter ended March FY24 declined 1 per cent YoY to 299 kt, but the same increased 11 per cent on a sequential basis,

The government should make it easier to delist companies, execute M&A transactions

Fund plans to annually deploy at least $2 billion for next 5 years. But Gray feels taking companies private in India is a big challenge, as is dispute resolution mechanism and M&A completion timelines.

Blackstone COO Jonathan Gray also called for reforms for quicker M&A processes, while emphasising that India remains the investment firm’s third-most important market

ACMA EV Expo 2024: The 4th edition of the ‘Transforming Mobility 2024 -Global Summit & Expo’ facilitated global and domestic opportunities for 50+ EV component manufacturers across vehicle segments.

Sona BLW Precision Forgings has become the first automotive component manufacturer to receive certification under the auto production linked incentive (PLI) scheme.