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BASF Completes Coatings Transaction With Carlyle, Relaunches As Surventis
July 02, 2026
Under the terms of the agreement, BASF retains a 40 percent equity stake in Surventis, which includes the automotive OEM coatings, automotive refinish coatings and surface treatment operations. This transaction, combined with the divestiture of the decora
MT Bureau
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Tata Technologies, Tenneco Expand Strategic Partnership, New $100M Investment Committed
July 02, 2026
The collaboration, which began in 2021, is based at Tata Technologies’ Global Engineering Center in Pune. It focuses on product development and operations through the use of engineering, digital technologies, and AI.
MT Bureau
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Hero MotoCorp Announces INR 32 Billion Investment In Andhra Pradesh
July 01, 2026
The announcement was made as the company held a foundation stone ceremony for its second Global Parts Centre (GPC) in Tirupati, which involves an investment of Rs 7.5 billion.
MT Bureau
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Rane Madras To Acquire Hindustan Composites’ Friction Business For INR 3.7 Billion
July 01, 2026
The acquired business includes manufacturing plants in Paithan and Bhandara, Maharashtra. The facilities manufacture brake pads, brake linings, clutch facings and brake blocks.
MT Bureau
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Greaves Cotton Establishes Dubai Subsidiary For International Expansion
July 01, 2026
The subsidiary will manage business development, customer engagement, technical support, channel partnerships, aftermarket services and supply chain coordination. Its portfolio will include diesel engines, gensets and powertrain solutions.
MT Bureau
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Stellantis Appoints Santo Ficili As CEO Of Maserati Brand , Luca Napolitano Head Of Stellantis &You Sales & Services
July 01, 2026
These appointments follow the departure of Jean-Philippe Imparato, who is leaving the company after 36 years.
MT Bureau
