Text: T Murrali The auto industry and the auto components industry in particular are saddled with several issues ranging from fluctuating cost of inputs, increasing operating cost, lack of steady policy, unfavourable economy, etc. Irrespective of the situation they have to maintain the key parameters such as quality, cost and delivery as their customers’ (OEMs) customers have been very[Read More…]
Rane Brake Lining Limited (RBL), part of auto component major Rane Group, has been ranked as one of the top ‘Best Workplaces’ in India for the second year in a row by the Great Place to Work Institute. This year Rane Brake Lining Limited has been ranked 3rd in the auto component industry. RBL, a part of the Rane group[Read More…]
Rane Group, one of India’s leading auto component manufacturer, today announced merger of Kar Mobiles Limited (KML) with Rane Engine Valve Limited (REVL) effective 1st April 2014. The board of directors of both the companies approved the merger in their respective meetings held today. The exchange ratio will be 7 shares of REVL for every 10 shares of KML. The[Read More…]
