Business Economy


Brakes India, TBK sign business alliance agreement

(RPTING UNDER CORRECT FILE NUMBER)
Chennai, Dec 9 (UNI) Brakes India Private Limited and TBK Co., Ltd. has signed a capital and business alliance agreement
for acquiring 10 per cent shareholding of TBK.
With this agreement, Brakes India, a TSF Group Company, acquired 10% shareholding in TBK through a primary capital
infusion.
The investment marks an important development for both organisations, paving the way to leverage the strength of both the
companies for commercial vehicle braking and create enhanced value for customers and stakeholders.
TBK, a leading global auto component manufacturer in the M&HCV segment specialises in brakes, pumps, and engine-related
components.
This move gives both organisations the scope to draw on each other’s strengths. It provides access to complementary geographies
and has the potential to engage new customers and explore new supply chains, a Brakes India release said today.
This opportunity introduces Brakes India’s existing hydraulic and pneumatic products into new export markets. It also opens
avenues to extend the complementary product portfolio of TBK in the Indian domestic market. “Through this partnership, both
companies will mutually complement each other's technological strengths and customer bases to the fullest extent, jointly
creating high value-added products and solutions for respective markets. Together, we aim to unlock new opportunities and
contribute to the advancement of next-generation mobility” said Mr Kaoru Ogata, President & CEO, TBK.
“This milestone is a starting point for a long-term association with TBK. It reinforces our commitment to strategic, long-term
growth. With this agreement, Brake India has access to TBK’s line-up of products for the Indian market and will offer Brakes
India’s leading pneumatic braking products to new customers outside of India” said Mr Sriram Viji, Managing Director, Brakes
India.
This collaboration drives the development of cleaner, safer and more efficient commercial vehicle braking technologies, supporting
the industry’s shift towards advanced and sustainable mobility.
UNI GV 1520
More News

Direct Tax Collections rise nearly 9pc to Rs 18 37 lakh crore in FY26 so far: Govt data

12 Jan 2026 | 11:12 PM

New Delhi, Jan 12 (UNI) India’s direct tax collections recorded a robust growth in the current financial year, with net collections rising by 8.82 per cent to Rs 18.37 lakh crore as on January 11, 2026, compared to the corresponding period last year, according to official data released on Monday here.

see more..

SBICAP Securities warns public about Fraudulent Investment Schemes

12 Jan 2026 | 10:56 PM

Hyderabad/Mumbai, Jan 12 (UNI) SBICAP Securities Limited (SSL) on Monday issued a public caution against individuals and entities impersonating the company to defraud investors.

see more..

TCS posts 14 pc YoY fall in Q3 FY26 profit after tax at Rs 10,657 cr

12 Jan 2026 | 9:26 PM

Mumbai, Jan 12 (UNI) Tata Consultancy Services (TCS) officially announced a decline in its profit after tax (PAT) for the third quarter of the financial year (Q3 FY26), on Monday, though its revenue rose by 5%.

see more..

E2E Rail secures Rs 134 41 crore railway orders post IPO

12 Jan 2026 | 9:05 PM

Bengaluru, Jan 12 (UNI) E To E Transportation Infrastructure Limited (E2E Rail), a rail engineering and system integration company listed on the NSE Emerge platform, has disclosed consolidated order inflows worth approximately Rs 134.41 crore received between October 1, 2025, and January 10, 2026, following the filing of its IPO offer documents.

see more..

Hyd: Uniper–AM Green sign long-term renewable ammonia offtake from India

12 Jan 2026 | 8:50 PM

Hyderabad, Jan. 12 (UNI) German energy company Uniper and AM Green Ammonia India Pvt. Ltd. on Monday announced the signing of a long-term, binding offtake agreement for up to 500,000 tonnes per year of renewable ammonia from India, marking one of the first large-scale green fuel supply corridors between India and Europe.

see more..