Page 3 - Tvs Group

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

TVS Motor consolidated net profit rises 29% in Sept quarter to Rs 234 cr

Revenue from operations rises 23% to Rs 6,483 cr

Internal restructuring of TVS Group gets CCI approval

There are 16 entities that are parties to the proposed transaction.

myTVS raises Rs 375 cr from Exor-backed fund, joins 'super app' race

mTVS's super app plans comes after companies Tata Group, Reliance Industries, PhonePe, Paytm and GooglePay, announced the launch of a super app

TVS Group's family members enter into 'brand agreement'

Entities controlled by various members of the TVS family may have executed, or will execute, similar deeds of adherence to become parties of the brand agreement.

TVS Group files scheme of amalgamation involving holding companies

Family agreement in December spelled shareholding on families that run the $8.5 billion group.

Tyre maker TVS Srichakra's profit rises 124% to Rs 46.32 cr in Q3

During the third quarter, the company's revenue rose to Rs 553.31 crore from Rs 497.54 crore in the year ago period, an increase of around 11.20 per cent

TVS group board of directors give their nod for 'family arrangement'

The restructuring will give each family group complete ownership of businesses they manage while scrapping the holding company