JTEKT Corp., one of Japan’s biggest auto parts makers, expects as much as four-fold increase in the revenue share from India following the merger of two local units to create a bigger entity. Hidekazu Omura, chairman...
JTEKT strengthens muscles by increasing confidence in SONA
SONA KOYO STEERING SYSTEMS LIMITED (SKSS) is a manufacturer of steering systems in the passenger car and utility vehicle market in India, catering to passenger cars, utility vehicles and light commercial vehicles. SKSS...
JTEKT set to widen base in India
Japan's JTEKT Corporation is acquiring additional 51.12 per cent stake for around Rs 853 crore in Sona Koyo Steering Systems Ltd (SKSSL). The transaction is expected to close by the first quarter of FY 2017–18. JTEKT...
After selling its entire stake to Japan’s JTEKT Corp, Sona Group to now focus on its forging business
Indian auto component maker Sona Group, which on Wednesday announced its decision to sell its entire stake in Sona Koyo Steering SystemsBSE 0.06 % Limited (SKSSL) to Japan’s JTEKT Corporation, said it will focus...
Sona Autocomp Holding to sell stake in Sona Koyo Steering Systems to JTEKT Corporation
Sona Autocomp Holding Limited today said it has entered into an agreement with its long-standing technical and financial collaborator JTEKT Corporation, to sell its entire stake in Sona Koyo Steering SystemsBSE -2.90 %...
Japan-based JTEKT Corp looking to hike stake in Sona Koyo Steering Systems
Japanese auto-component giant JTEKT Corp, the world’s biggest supplier of steering systems is looking to consolidate its presence in the Indian auto component market and has initiated talks to hike its existing...
April 2018
Issue Description Legal: Redemption Opportunity for Disqualified Directors Restructuring: MPS Re-Structuring - For Regulatory Purpose? Cover Article: HMVL: Strategic fit or bailing out promoters? Merger: List and...
Asahi Glass in talks to buy out partner Labroo in Indian JV
Japan’s Asahi Glass, which owns a little over 22% of Asahi IndiaBSE 3.68 % Glass, is in advanced discussions to buy out partner Sanjay Labroo as part of a plan to take control of the joint venture, two people...
Sona group may buy out Japanese partner in joint venture
Auto parts supplier Sona group is set to buy Japanese partner Mitsubishi Minerals Corp’s 25% stake in their joint venture Sona BLW Precision Forgings, a person closely involved in the deal discussions said. Sona BLW...