Consolidated total revenue from continuing operations stood at Rs 16,157.35 crore during the quarter under review. It was at Rs 8,348.35 crore in the year-ago period.
Motherson Sumi Q1 net down 57% at ₹368 crore on QoQ basis - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
CCI approves intra-group reorganisation of Motherson Group
CCI approves intra-group reorganisation of Motherson Group The Competition Commission of India (CCI) on Tuesday gave approval to a proposal pertaining to intra-group reorganisation of the Motherson Group under the green channel route.
Green channel is an automatic approval system, whereby a combination is deemed to have been approved by the CCI upon receiving the filing of the notice for the combination by the parties concerned. Commission receives a notice under green channel from Motherson Sumi Systems, Samvardhana Motherson International & Sumitomo Wiring Systems relating to an intra-group reorganisation of the Motherson Group and is deemed approved, the regulator said in a tweet.
Overwhelming response to the proposed Group Restructuring, as Public shareholders vote In favour , says Motherson Sumi Systems Ltd equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.