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Castrol India Reports INR 1.76 Billion Net Profit For Q3 CY2027
October 25, 2026
For Q3 CY2026, Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) fell 19 percent YoY to INR 2.62 billion, influenced by raw material cost inflation and currency movements.
MT Bureau
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Tsuyo, LvKON Announce Technical Collaboration For Electric Commercial Vehicle Powertrains
October 23, 2026
As part of its expansion strategy, Tsuyo is advancing plans for a 24-acre manufacturing facility to serve as an integrated platform for electric powertrain engineering, production, testing, and validation. The collaboration focuses on the development and
MT Bureau
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Hexpol To Acquire 80% Stake In Turkish Compounder Symplast For Euro 54 Mln
October 22, 2026
Hexpol has agreed to acquire an 80 per cent stake in Turkish thermoplastic elastomer compounder Symplast for €54m, strengthening its thermoplastic compounding business and expanding its presence in Türkiye. The deal is expected to close by the end of t
MT News
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Mannol Highlights Role Of Advanced Lubricants For Euro 7 Emissions Standards
October 21, 2026
Because the standard mandates compliance over an eight-year or 160,000-kilometre period, the long-term stability of engine components and lubricants becomes critical to preventing deposit accumulation and catalyst fouling.
MT Bureau
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Varroc Engineering, Forsee Power Form JV For Indian EV Battery Market
October 16, 2026
Under the terms of the transaction, Varroc will acquire a 45 percent equity stake in Forsee Power's Indian subsidiary, Forsee Power India and will assume management and operational control of the entity.
MT Bureau
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AUMOVIO To Debut MK 120 MAB Brake System At EICMA 2026
October 14, 2026
The company's showcase centres on the launch of the MK 120 MAB brake system, which extends AUMOVIO's braking product line beyond two-wheeled applications. The system is engineered for three-wheeled scooters, side-by-side vehicles, utility terrain vehicles
MT Bureau
