Tag: Murugappa Group

Tube Investments ups stake in Shanthi Gears

The company has bought 20,64,713 equity shares of Shanthi Gears via a block deal on Friday, which represents 2.69 per cent. Tube Investments acquired...

Montra Electric forays into international markets

The company operates under 4 business verticals – e3Wheelers, e-Small Commercial Vehicles, e-Tractors and e-Medium and Heavy Commercial Vehicles. Montra rolled out its Super Auto...

CG Semi commences commercial production

CG Semi is established as a joint venture between CG Power and Industrial Solutions Ltd. of the Murugappa Group, Renesas Electronics Corporation, and Stars...

FTAs expanding addressable market: CG Power Chairman

“CG has always had a global DNA. Our manufacturing operations span across India and Europe catering to customer demand across all major continents, including...

Cholamandalam Q4 net up on higher disbursements

The company posted a net profit of Rs 1,641 crore in the fourth quarter of FY 2026, when compared to Rs 1,267 crore in...

CG Power invests in EdgeCortix of Japan

EdgeCortix did not disclose the value of the investment. It said that the investment builds on the strong momentum of its previously oversubscribed funding round. The...

Parry Sugars Kakinada refinery unit closed, due to unviability

The company cited erosion of fundamentals as the reason for the decision. The unit had accumulated losses as of March 31, 2025, were around...

Tube Investments forays into metal injection molding

The acquisition marks the company's strategic entry into the metal injection molding business. The proposed acquisition aligns with TII’s long-term growth strategy, as it continues to...

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Bodhi Tree Systems to invest $180 mln in A2B

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Brazil’s WEG to invest Rs 2,000 crore in Dharmapuri

The company had earlier evaluated multiple states and following...