Belrise Buys H-One India

15 Apr 2025 CW Team

In a strategic move to bolster its manufacturing strength and market position, Belrise Industries has acquired H-One India, the local arm of Japanese auto component major H-One Co. The acquisition is expected to expand Belrise’s design and production capabilities, particularly in chassis systems and body-in-white parts, key components in the automotive sector. While the transaction value remains undisclosed, the development signals Belrise’s intent to strengthen its footing in India’s growing automotive market.

H-One India specializes in high-tensile steel components and tooling development for both two-wheelers and four-wheelers. These components are essential for enhancing vehicle safety, fuel efficiency, and overall performance by reducing weight without compromising structural integrity. The acquisition will give Belrise access to H-One India's advanced technology and its two manufacturing units in North India, improving both production capacity and logistics.

Moreover, the deal will help Belrise diversify its product offerings and expand its customer base, which includes prominent Indian and Japanese OEMs. The move comes ahead of Belrise’s Rs 21.50 billion IPO, approved by Sebi in March 2025. Advisory support for the transaction was provided by X-B4 Advisory and Desai & Diwanji.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..