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M & M unveils driverless technology for tractors The gainers and the losers Mercedes-Benz sales continue to zoom Dish TV – subscriber additions encouraging Tata Motors joins compact SUV bandwagon with Nexon TI Cycles plans retail expansion to drive sales for premium bicycles Emami – a new growth mantra TVS Srichakra plans capacity expansion Tata Motors aims to be among the Top 3 global CV & PV firm PSU non-life firms seek to protect share Solar installations exceed 2015 capacity in five months AL introduces Guru & Partner Increasing market share Michelin to double Chennai capacity LVB posts 31 per cent growth in Q1 net profit New India Assurance posts impressive show Singur minus Nano – victory or folly? Nissan exit shouldn’t affect ALL Daimler grows sales and share in India Bajaj Finserv – Q1: fare well Smartphone onslaught by Chinese brands From the toughest to the best year Sundram Fasteners rejigs international When small is not so beautiful… Maruti – for young buyers Yamaha unveils scooter boutique PPP model for infrastructure development Titan Company – sales recovery to kick in A welcome initiative-even critics are recognised AL secures orders for 3600 buses L&T profit up by 11 per cent L & T set bigger ambitions in defence business Vellayan is back, after 150 days Tata Steel, ThyssenKrupp sign MoU to merge European units Toyota and Suzuki to introduce EVs in India by 2020 IOB on turnaround path 29 per cent jump in TCS revenues Carnival Films acquiring 3000 screens pan India Tata gets 4-star rating for Zest Last stages Daimler’s truck exports from Chennai cross 5000 units Are they really independent? It takes two to tango The unexpected exit Hyundai India achieves 7 mn production at Chennai factory CAPITAL NOTES Tata Motors charts investments in PV and CV businesses Aurobindo Pharmacy: good turnaround Wabco launches safety system Welcome focus to improve rural India... Hyundai to focus on SUVs and AMT variants ITC chairman calls for policy impetus to transform agriculture Rane targets Rs.5500 crore topline by 2018-19 He excels in the nuts and bolts of entrepreneurship Housing demand revival L & T’s floating dock for navy Land wars ITC – steep excise hike Ode to Ratan Tata Is this a generation gap? Record two-wheeler sales Chinese smart phones flourish in small towns too! Sivasankaran enters taxi space to take on Uber and Ola Smooth sailing of SAIL TN government keen on revival of operations at Nokia complex E.I.D Parry (India) Ltd: another sweet year Back in growth mode Consolidating leadership position in smartphones V-Guard launches app-enabled water heater system RoC in the dock... Kone India eyes further growth in elevator market Shriram Life clocks more than Rs.1000 crore premium in 2015-16 TVS Automobile invests Rs.75 crore in start-up firms Tata Motors bets on new launches AL wins Deming prize again Gamesa to set up a plant in Nellore Eyes strong growth in 2016-17 Preparing for the next growth curve Hindalco – re-rating HPCL plans Rs.61,000 crore capex over 5-years L&T bags the Mumbai Trans-harbour link order Ponni Sugars (Erode) Ltd: not so sweet 2012-13 A niche in FMCG business... Forging industry worried over lower supply of steel and its price Right to privacy – now it’s fundamental!
 
Sundram Fasteners rejigs international

Leading auto parts maker Sundram Fasteners has restructured its international operations. It has created a new subsidiary Sundram International Ltd, based in the United Kingdom. Its Chinese subsidiary Sundram Fasteners (Zhejiang) Ltd and the UK subsidiary Cramlington Precision Forge Ltd have become subsidiaries of Sundram International Ltd.  As a part of a restructuring, the company also divested

its German subsidiaries, Peiner Umformtechnik, and its affiliates.  SFL posted a net profit of Rs.75 crore for the quarter ended 31 March 2016 compared to Rs.16 crore in the corresponding period of previous fiscal.  Higher operating profit aided by strong top line led to the higher bottom line. Net sales of the company grew 18 per cent to Rs.688 crore from Rs.582 crore in a year ago. Its earnings per share surged to a new high of Rs.10.05 while net worth crossed Rs.1000 crore.


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