Browsing Tag
CG Power and Industrial Solutions Limited
5 posts
Tube Investments (NSE: TIINDIA) revenue jumps 17%, but Rs 197cr of EV and chip losses explain the profit slip
Tube Investments of India Limited grew consolidated Q1 FY27 revenue 17%, but continuing profit fell 3% as electric-vehicle and semiconductor businesses posted nearly ₹197 crore of combined segment losses. An 8% share-price jump on August 18 suggests investors are increasingly looking through the incubation costs toward a potential EV turnaround.
August 19, 2026
CG Semi opens Gujarat OSAT hub in Rs 7,600cr push for semiconductor sovereignty
CG Semi opens India’s first large-scale OSAT facility in Gujarat with a ₹7,600 crore plan. Find out how this move reshapes India’s semiconductor ecosystem.
August 29, 2025
G.G. Tronics bags Rs 600cr KAVACH order from Chittaranjan Locomotive Works
Bengaluru-based G.G. Tronics India Private Limited, a subsidiary of CG Power and Industrial Solutions Limited, has announced securing…
November 27, 2024
CG Power expands into semiconductor design with $36m Renesas acquisition
In a significant strategic move, CG Power and Industrial Solutions Limited, a leader in electrical engineering, has announced…
October 5, 2024
CG Power, Renesas Electronics, and Stars Microelectronics launch semiconductor manufacturing JV in India
In a significant move towards bolstering India’s semiconductor manufacturing capabilities, CG Power and Industrial Solutions Limited (“CG”), Renesas…
March 1, 2024