Wrong turn? After decades making ICE parts, they decided to make EVs. It hasn’t gone well

Down south, the Murugappa Group’s Tube Investments of India Ltd had entered the electric vehicle (EV) segment back in 2008 with a scooter brand, but exited quickly in the face of poor demand. Eyeing the electric three-wheeler segment, the Chennai-headquartered finance-to-fertilizers conglomerate entered the market again in 2022 through TI Clean Mobility Pvt. Ltd. The…

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Dividend Stocks: TVS Motor, Samvardhana Motherson, REC among others to trade ex-dividend next week; Full list

Dividend Stocks: Shares of major companies, including REC, Authum Investment & Infrastructure, TVS Motor, Samvardhana Motherson, and Bombay Burmah Trading Corporation, among others, are set to trade ex-dividend on Monday, March 24, 2025. According to the BSE data, some companies have announced other corporate actions, such as bonus issues in the upcoming week. Also Read…

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