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Shriram Pistons to acquire majority stake in EMFi to foray into EV space – EQ Mag

‘The alliance will also offer the potential for SPRL (through SEL) and EMFI to collaborate and partner to serve customers globally’ Auto component maker Shriram Pistons & Rings on Friday said its unit will acquire a majority stake in electric motor design and manufacturing firm EMF Innovations to foray into the electric vehicle mobility space. […]

Suzlon Energy profit down 21 pc to Rs 254 cr in Q4 – EQ