TVS Motor Acquires Italy's Engines Engineering to Establish Global Design Hub
TVS Motor Company, a leading global manufacturer of two- and three-wheelers, has agreed to acquire Italian automotive design and engineering firm Engines Engineering S.p.A. for approximately €5.05 million (Rs 52 crore). The acquisition involves purchasing 1,000,000 equity shares at €5.05 per share, representing 100% of Engines Engineering's equity share capital, subject to completion of...
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A seventeen-year-old boy has returned home safely after being...
Michele Criscitiello, the CEO of Sportitalia and president of Folgore Caratese, fell victim to a sophisticated robbery while driving his Porsche in the Milan metropolitan area. The incident occurred on Thursday morning as the prominent sports media executive was traveling from Sportitalia Village in Verano Brianza to the company's Milan studios. While stopped at a traffic light near the Pro...