Page 3 - Tvs Group

Delphi-TVS Technologies JV to take up capex worth 450 cr at Chennai plant

Delphi-TVS Technologies, a joint venture between diversified conglomerate TVS Group and auto-component major BorgWarner, has lined up investments worth about Rs 450 crore over the next three years to take up capital expansion plan at its manufacturing facility here. Delphi-TVS Technologies, which commenced production of common rail system in 2009 has reached milestone production of over three million common rail systems at its manufacturing facility in Oragadam, about 45 kms from here. "We continue to expand the production capacity in common rail systems at the plant. We expect to invest about Rs 150 crore every year over the next two-three years..." Delphi Technologies President A Viswanathan told reporters. The company caters to all sections of the diesel engine market including passenger cars, commercial vehicles, tractors, construction equipment and industrial engines. With the proposed investment plans, the company would be scaling up the production to a million units from the

TVS SCS wins UK defence ministry contract for supplying Land Rover spares

Indian company will support the availability and upkeep of the military vehicle

myTVS selects Oracle cloud applications to improve business processes

Applications will improve the speed and quality of decisions, says TVS Mobility group company

Auto aftermarket firm myTVS raises Rs 203 cr in funding from Lingotto

Company earlier got Rs 487 cr from Castrol India for business and technology collaborations

Castrol to pick up 7.09% stake in TVS family's Ki Mobility for Rs 488 cr

With this deal, which is Castrol's largest all-cash transaction, the firm aims to expand its presence in service and maintenance of ICE vehicles and EVs

TVS SCS extends contract with Dennis Eagle for UK aftermarket services

UK-based refuse truck manufacturer needed services for supplier management, stocking and sourcing

TVS Motor Q2 net up 59% to Rs 373 cr amid slowdown, inflation roadblocks

Revenue from operations up 32% to Rs 8,561 cr; chip shortage hinders an even better show

TVS Emerald to come up with five new projects in Chennai, Bengaluru

Combined revenue potential of the projects is Rs 1,000 cr; firm eyes 3.5x surge in area uder development to 25 mn sq ft in next 4-5 years

TVS Motor sales drop 5% in Feb at 281,714 units; two-wheeler sales fall 11%

TVS had posted a total sales of 2,97,747 units in the same month last year, the company said in a statement

The $8.5 billion TVS Group splits to grow: What's changed structure-wise?

A rare amicable family settlement has accommodated the third and fourth generations' ambitions

Top headlines: Putin accelerates Ukraine crisis; India set to unlock data

LIC has not paid any dividends in nearly three years, something that may have helped shore up the insurer's net worth ahead of its IPO. More on that in our top headlines.

TVS SCS set to float Rs 5,000 crore IPO once Sebi nod comes through

The TVS Group's family recast deal got final nod from NCLAT, based on which each of the four family groups got ownership of the businesses they were managing, scrapping the holding company format

Logistics firm TVS Supply Chain seeks regulatory approval to launch IPO

The company's existing shareholders, including founder TVS Mobility Pvt. and investors Gateway Partners and Tata Capital Financial Services Ltd., plan to sell as many as 59.48 million shares

Family arrangement on track, TVS groups start makeover exercise

As part of the restructuring exercise, each family group will get complete ownership of the businesses they manage while scrapping the holding company

TVS SCS appoints Ravi Viswanathan managing director effective Feb 7

R Dinesh, the fourth-generation TVS Scion, would continue to guide the company in his new role as the Executive Vice Chairman

TVS Motor acquires 75% in largest Swiss e-bike player SEMG for $100 million

This will be the firm's second acquisition in Switzerland in e-mobility space in FY22. It took an 80% stake in EGO Movement for $17.9 mn in Sept 2021

Ki Mobility test drives an O2O model for EVs, conventional automobiles

Industry experts point out that this unique model could be a challenge or an opportunity for the company in the coming days as there is no successful model to follow

TVS launches 125 cc-motorcycle Raider in Nepal, targets young customers

The Chennai-based company on Monday said it has launched its newly introduced motorcycle in Nepal

TVS takes slow and steady route for its newly created subsidiary for EVs

Last week, TVS' board also clear­ed a proposal to establish a separate subsidiary for the electric vehicle business (the name is yet to be announced)

TVS Motor Company, Bahwan International Group join hands for Iraq market

Building on this partnership, the groups will also explore other avenues of cooperation in Oman and India