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13 Apr 2026 00:04 Sensex 76,847.57 -702.68 (-0.91%) || Nifty 23,842.65 -207.95 (-0.86%) 00
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14 Apr 2026 15:37
Minda Corporation incorporates new JV - Spark Minda Turntide
Minda Corporation announced the incorporation of a joint venture company in the name and style of Spark Minda Turntide. The company's wholly owned subsidiary, Spark Minda Green Mobility Systems holds 49% stake in the new joint venture while 51% stake is held by Turntide Drives , United Kingdom. The venture will engage in the development and manufacturing of advanced new generation motor controllers, axial flux motors, pumps for thermal applications , and other customized controllers tailored primarily for India's growing EV segment including any activities reasonably incidental or ancillary thereto.
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