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RodBerkeley
I'm a seasoned industrial engineer with a keen interest in machine learning. Here to share insights on latest industry trends.
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RodBerkeley
Release Time:2024-06-03
Minda Industries raising stake in subsidiary firm Minda Kosei Aluminum Wheels to 77.35%
iStockMinda Industries Ltd said it is consolidating its stake in four partnership firms by acquiring the remaining stake of promoters. Minda Industries Ltd (MIL), the flagship firm of the UNO MINDA Group, on Monday said it is increasing its stake in the subsidiary company Minda Kosei Aluminum Wheels (MKA) to 77.35 per cent from 70 per cent, with an investment of Rs 61.2 crore in the venture. The existing shareholders and Joint venture partners have renounced their rights in favour of MIL, enabling the company to increase its stake from 70 per cent to 77.35 per cent in Minda Kosei, the company said in a statement. Minda Industries Ltd said it is consolidating its stake in four partnership firms by acquiring the remaining stake of promoters. A 70:30 joint venture company between Minda Group and Kosei International Trade and Investment Company, Japan (Kosei Japan), Minda Kosei is into the development, manufacturing and sales of aluminium alloy wheels for major car OEMs (original equip...
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RodBerkeley
Release Time:2024-06-02
Samvardhana Motherson International announces three acquisitions worth over Rs 380 crore
Samvardhana Motherson International Ltd on Friday announced three acquisitions valued at over Rs 380 crore in aerospace, health and medical sectors to strengthen its non-automotive businesses further. The aerospace pision of Samvardhana Motherson International Ltd (SAMIL) is building its capabilities in a phased and strategic manner, enabling it to offer a much wider range of services to aerospace OEMs, the company said in a statement. The company has acquired French company ADI Group with Moroccan and Tunisian subsidiaries engaged mainly in the business of manufacturing components for aircraft engines and medical devices at a purchase consideration of 35 million Euros (around Rs 310 crore). AD Industries manufactures a wide range of components and sub-assemblies, and has perse capabilities across four key pisions — sheet metal, hydraulics, mechanical assemblies, and composites, it added. Besides, Motherson has also acquired aerospace defence and security firm SMAST for nea...
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RodBerkeley
Release Time:2024-06-02
Rane (Madras) buys US-based Precision Die Casting for $2 million
Chennai: Automotive component manufacturer (Madras) Ltd, part of the Rane Ranee Group, has invested 200 in the acquisition of Preisioion Die Casting, USA. Rane (Madras) Ltd has set up a wholly owned subsidiary, Rane (Madras) International Holdings B V (WOS), in the Netherlands, which has invested USD 2.02 million so far, according to a filing with the BSE. “The Rane (Madras) International Holdings B V (WOS) has entered into a Share Purchase Agreement with PDC Cooperative Holdings Inc, USA, to acquire 100% of the share capital of Precision Die Casting Inc and to receive an equity investment of US$2 million dollars. ” Add. In addition, the Company has provided a limited guarantee under a Standby Letter of Credit, (SBLC) for the PDC Term Loan Facility in the amount of US$2,000,000. Today, the company’s shares closed at Rs. 292.20 per share on the Bombay Stock Exchange, up 7.43%.
Detail >
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Q
how to reset check engine light on cadillac srx
RodBerkeley
ArlenDonne
Release Time:
March 19, 2024, 5:53 PM
Place the key into the ignition and turn it to ON. without starting the vehicle. Hold down the gas pedal completely for 3 seconds. ensuring it is fully depressed for an accurate reading. Release the gas pedal and pause momentarily. Alternatively. turn the key back to OFF for a few seconds rather than starting the engine. Wait approximately 10 seconds before starting your vehicle. Check if the engine light has turned off. If not. there may be an underlying issue with your car’s system that requires further diagnosis through error code reading. If this process proves difficult or unsuccessful. you can seek help from a professional mechanic or visit an auto parts store where they can retrieve and reset any faulty codes for your Cadillac SRX.
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Q
where are nissan vehicles made
MargueriteEvan
RodBerkeley
Release Time:
March 14, 2024, 6:40 PM
Nissan automobiles are manufactured in various countries worldwide. including Japan where the company’s headquarters is located in Yokohama. They also have plants in Higashiki. Kyushu. and Oppama. In the United States. Nissan has three plants situated in Smyrna. Tennessee; Decherd; and Canton. Mississippi. The Sunderland plant in the UK is one of their largest manufacturing facilities. In Mexico. they have a major plant in Aguascalientes. Dongfeng Motor Co. Ltd.. a joint venture with Nissan. has established a manufacturing plant in China. The Renault-Nissan Alliance boasts seven plants in Chennai. India while also having production plants in Barcelona and Ávila. Spain and Rosslyn. South Africa. Adding to their global reach. Nissan also operates its 10th plant in St. Petersburg. Russia and has a production facility located at North Olive Branch area of Thailand. Additionally. they have assembly plants scattered across several countries such as the Philippines. Malaysia. Indonesia ...
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