VIJAY SANKAR
FICCI names Sanmar Group Chairman Vijay Sankar President-Elect for 2026-27
FICCI has appointed The Sanmar Group Chairman Vijay Sankar as its President-Elect for 2026-27. Currently the industry body's Senior Vice President, Sankar will succeed Anant Goenka as President after the FICCI Annual General Meeting and Annual Convention scheduled for November 18-19, 2026, in New Delhi.
Sanmar Group picks majority stake in Hyderabad-based AltEons Energy
The Sanmar Group has acquired a majority stake in AltEons Energy. This investment will help AltEons develop its initial 210 MW hybrid project. The company plans to add another 800 MW to its pipeline this year. Maharashtra remains a key market, with other states also being evaluated. AltEons focuses on wind, solar, and battery storage for consistent power.
Cabot Sanmar announces Rs 220 crore expansion of manufacturing capacity for fumed silica
Cabot Sanmar announced the expansion of their fumed silica manufacturing capacity with an investment of Rs 220 crore ($25 million) to meet growing customer demand in India.
RPG Group's Anant Goenka takes over as Ficci President
Anant Goenka, vice chairman of RPG Group, is now the president of Ficci. He previously led CEAT tyre company. Vijay Sankar, chairman of Sanmar Group, is the new senior vice president at Ficci. These appointments were made at the 98th annual general meeting. Goenka brings extensive experience from his leadership roles.
RPG Group's Anant Goenka takes over as FICCI President for 2025-26
Anant Goenka, Vice Chairman of the RPG Group, has taken over as President of FICCI for 2025-26, succeeding Emami’s Harsha Vardhan Agarwal at the chamber’s 98th AGM. Vijay Sankar of the Sanmar Group has been appointed Senior Vice President, while Puneet Dalmia of Dalmia Bharat has joined the leadership as Vice President.
JM Financial maintains Buy on TVS Motor, raises target price to Rs 3,150
JM Financial is optimistic about TVS Motor Company. They project a target price of Rs 3,150. This is based on strong Q4FY25 performance. TVS Motor reported good EBITDA margin. Growth is expected from domestic and international markets. The company plans to launch new EV models. Focus on premium products and cost management will drive growth.
India Inc seeks cut in personal income tax rates, flags dumping by China at pre-Budget meet
Industry bodies have urged the Finance Minister to consider reducing personal income tax rates, lowering excise duty on fuel, and implementing measures to boost employment-intensive sectors in the upcoming budget. Concerns about Chinese product dumping, food security, and inflation due to climate change were also highlighted.
Emami MD Harsha Vardhan Agarwal takes over as Ficci chief
Harsha Vardhan Agarwal, Vice Chairman & Managing Director of Emami Limited, assumed the role of president at FICCI for 2024-25, succeeding Anish Shah. Anant Goenka stepped up as Senior Vice President, while Vijay Sankar joined the leadership as Vice President.
TVS Motor inducts two new independent directors
The two new board members are Chennai-based Sanmar Group’s chairman Vijay Sankar, and Shailesh Haribhakti of Shailesh Haribhakti & Associates, the company said in a press release.
TVS Motor to issue preferential bonus shares in 4:1 ratio
Assuming the existing number of equity shares of the company, around Rs 1,900 crore will be utilised from general reserves or earnings of the company. The issued bonus preference shares will be listed on both the exchanges. The scheme is subject to receipt of approval from exchanges and other relevant regulators.
Buy Transport Corporation of India, target price Rs 710 : Nagaraj Shetti
Transport Corporation of India, incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 5209.55 Crore) operating in Logistics sector.
Buy Transport Corporation of India, target price Rs 810 : ICICI Direct
Consolidated revenues are expected to grow 13% YoY, led by 5% growth in freight and 10% in seaways segment (peak utilisation reached six ships) while SCM is expected to grow 25% (rebound in auto, low base effect).
Buy Chemplast Sanmar, target price Rs 650: ICICI Securities
Chemplast Sanmar, incorporated in the year 1985, is a Small Cap company (having a market cap of Rs 6593.17 Crore) operating in General sector.
N Sankar used ethics, integrity and trust as cornerstones to build Sanmar
N Ram, Director, The Hindu Publishing Group said that as a third generation industrialist, Sankar was intellectually gifted, strategized and thought big, was often steps ahead of his peers, experimented and took calculated risks while also being a pioneer of PVC manufacturing in India.
Chemplast Sanmar reports revenues of Rs 1452 crore in the third quarter; up by 33%
The company which reported its results on Saturday said EBITDA grew 25% year-on-year to Rs. 353 crore while profits too for the third quarter grew by 48% to Rs. 237 crore.
Siddhartha Lal wins the EY Entrepreneur Of the Year for 2018
Lal will now represent India at the EY World Entrepreneur of the Year Award (WEOY) in Monte Carlo from 6 – 8 June 2019.
Prem Watsa’s Fairfax Financial to buy large stake in Chennai-based Sanmar
Founded by one of Tamil Nadu’s older business families in the 1970s, Sanmar has interests in chemicals, valves, engineering and foundries.
Dynamatic Technologies buys German auto component maker Eisenwerke Erla
Dynamatic, acquired the company from Chennai-based Sanmar Group , who had bought over Eisenwerke in January 2007.
Family matters: Staying on track, full speed ahead
If you get the sibling equation right and put the pros in pole position, business will be fine, says industry’s GenNext.
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