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SummaryUpdated Jun 1, 2026
Magna International Inc. (TSX:MG) is a Canadian automotive parts manufacturer founded in 1957 and headquartered in Aurora, Ontario. The company has grown from a small tool and die shop into one of the world's largest automotive suppliers, serving original equipment manufacturers (OEMs) globally. Magna operates through four main business segments and provides a comprehensive range of automotive components, systems, and complete vehicle manufacturing services to major automakers worldwide.
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Greenbase, backed by the Hiranandani Group, announced plans to invest Rs 2,000 crore to develop 5 million sq ft of industrial, warehousing and logistics infrastructure in Tamil Nadu, having acquired 160 acres in Palur, Oragadam and 55 acres in Arani, North Chennai.3d agoBaaS provider Yuma Energy raised $35 million in Series A funding led by Magna International.16d agoMagna increased its majority stake in Indian battery-swapping firm Yuma Energy with an additional $35 million investment, bringing its total investment to $87 million.20d ago