CCI Approves Bain Capital’s Investment

18 Mar 2025 CW Team

The Competition Commission of India (CCI) has approved the proposed acquisition of shareholding in Dhoot Transmission Private Limited (DTPL) by BC Asia Investments XV Limited and BC Asia Investments XVI Limited.

Transaction Details The acquisition involves BC Asia Investments XV Limited and BC Asia Investments XVI Limited acquiring a stake in DTPL. The transaction also includes certain inter-connected agreements as part of the investment structure. About the Acquirers – Bain Capital Entities BC Asia Investments XV Limited and BC Asia Investments XVI Limited are indirectly owned and controlled by Bain Capital Partners LLC. Bain Capital is a leading private equity investment firm, managing funds across various sectors globally. About Dhoot Transmission Private Limited (DTPL) DTPL is a manufacturer and supplier of automotive components in the electrical and electronics (E&E) category, catering to Original Equipment Manufacturers (OEMs). Its product portfolio includes:

Wiring harnesses Automotive switches Electronic sensors and controllers (Flashers 24V) Connectors and terminals Automotive cables and power cords In addition to the automotive industry, DTPL also supplies wiring harnesses to the medical devices and consumer durables sectors.

Next Steps A detailed order from the Competition Commission of India will be released in due course.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..