Page 2 - Tvs Group

TVS Supply Chain Solutions posts net loss of Rs 65 crore in first quarter

Expansion in existing engagements and new business development drove revenue growth. During the quarter, the company commenced a seven-year transformational engagement with Centrica PLC

TVS Industrial and Logistics Parks plans facility after every 400 km

Of the $400 million, the company intends to raise around $150-175 million using some form of equity instrument, according to Nitin Aggarwal, President of TVS ILP

TVS Supply Chain IPO subscribed 2.78 times on last day of subscription

The Initial Public Offer (IPO) of TVS Supply Chain Solutions, part of TVS Mobility Group, was subscribed 2.78 times on the last day of subscription on Monday. The Rs 880 crore IPO received bids for 6,98,68,624 shares against 2,51,22,289 shares on offer, according to NSE data. The category for Retail Individual Investors (RIIs) was subscribed 7.60 times, while the quota for non institutional investors received 2.35 times subscription. The category for Qualified Institutional Buyers (QIBs) got subscribed 1.35 times. The IPO had a fresh issue aggregating up to Rs 600 crore and an offer for sale of up to 1,42,13,198 equity shares. The IPO had a price range of Rs 187-197 per share. TVS Supply Chain Solutions on Wednesday said it has mobilised Rs 396 crore from anchor investors. Proceeds from the fresh issue to the tune of Rs 525 crore will be utilised for payment of debt availed by the company and its subsidiary TVS LI UK. Besides, funds will be used for inorganic growth strategy and

Street Signs: Nifty teeters on edge, tepid GMP for TVS Supply Chain & more

Nifty experienced its third consecutive weekly decline on Friday, fuelled by concerns about India's inflation trajectory and weak global cues

Citi sells TaMo shares worth Rs 2,089 cr, TVS Supply Chain subscribed 55%

The price band for the TVS Supply Chain IPO is Rs 187 to Rs 197 per equity share

Should you subscribe to TVS Supply Chain IPO? Here's what brokerages say

The objective of the issue is repayment of outstanding borrowings and general corporate purposes

Brand TVS known for supporting stakeholders, says TVS SCS's R Dinesh

'Diversified biz helped amid UK market crisis'

TVS Supply Chain Solutions gets Sebi's approval for launching IPO

It will be the first IPO by TVS family company in three decades, after TVS Electronic in 1994

TVS SCS secures deal worth Rs 2,000 crore from UK-based Centrica PLC

The company did not divulge the size of the deal

Realtor TVS Emerald gives Chennai decade high launch-day sales at Rs 438 cr

Located in Kovilambakkam, the project sold 448 homes in a residential project spread over 6.56 acres, and consisting of 820 units built over a saleable area of 996,000 sq ft

TVS Supply Chain chief R Dinesh elected CII president, Rajiv Memani is VP

Veteran entrepreneur is winner of several business awards, has assisted industry group for many years

After Ola, three others to repay customers for 'off-board charger'

All the three electric two-wheeler manufacturers have written to the ministry of heavy industries on Wednesday expressing their willingness to repay customers

IPO-bound TVS SCS raises Rs 520 cr from Hero, Bajaj, SBI and others

Company has sought market regulator's approval to raise as much as Rs 750 cr

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