Autocar_Professional India Online News – Page 1257

Tata Motors awarded Rs 765.78 crore compensation after 15-year hiatus from Singur plant closure

Almost 15 years after halting operations at its small car plant near Singur in West Bengal due to escalating violence against the company, Tata Motors announced on Monday that it has been awarded Rs 765.78 crore in compensation, along with interest, from West Bengal Industrial Development Corporation Limited. The company will also receive Rs. 1… Continue reading Tata Motors awarded Rs 765.78 crore compensation after 15-year hiatus from Singur plant closure

TVS Motor Q2 net profit up 32% at Rs 537 crore

TVS Motor Company reported a 32 percent growth in its net profit growth in the quarter ended September 30, 2023 at Rs 537 crore, as against Rs 408 crore during Q2 of last year. Meanwhile, the company’s operating revenue also grew by 13 percent at Rs 8,145 crore for the quarter ended September 2023, as… Continue reading TVS Motor Q2 net profit up 32% at Rs 537 crore

TVS Motor Q2 net profit up 32% at Rs 537 crore

TVS Motor Q2 net profit up 32% at Rs 537 cr

JBM’s consolidated net profit jumps 9.6% during Q2FY24

JBM Auto Limited, a bus manufacturer, announced on Monday a 9.6% jump in its consolidated net profit during Q2 FY24 to Rs 44.10 crore as against Rs 40.24 crore in Q2 FY23. Further, the company’s operating income increased by 19.60% to Rs 1231.01 crore during Q2 FY24 when compared to Rs 1029.24 registered during a… Continue reading JBM’s consolidated net profit jumps 9.6% during Q2FY24

KPIT raises its constant currency revenue growth outlook for FY24 to over 37%

KPIT Technologies, a software-providing service to the automotive and mobility ecosystem for making software-defined vehicles, recorded a 68.7% year-on-year net profit during Q2 FY24 to Rs 1409 million over a similar period last year. The company’s revenues, on the other hand, jumped to Rs 11991.57 million during Q2 FY24, translating to 54.2% year-on-year over a… Continue reading KPIT raises its constant currency revenue growth outlook for FY24 to over 37%

Honda launches Translap 750 at Rs 10.99 lakh

Just a day after our exclusive report, Honda has launched the Transalp 750 in India at Rs 10.99 lakh (ex-showroom, India). The bike will be available in India in two colours – Ross White and Matte Ballistic Black. The Honda Transalp 750 is powered by a liquid-cooled, 755cc, parallel-twin engine making 92hp at 9,500rpm and 75Nm… Continue reading Honda launches Translap 750 at Rs 10.99 lakh

Bharat Benz partners with iQuippo to offer digitalised solutions to pre-owned CV customers

Daimler India Commercial Vehicles (DICV), the subsidiary of Daimler Truck AG, today announced a strategic partnership with iQuippo to offer digitalised solution for customers of pre-owned BharatBenz commercial vehicles. This collaboration will provide value-added support to BharatBenz customers to exchange their used vehicles with lesser turnaround time, gain a better resale value, and enjoy hassle-free… Continue reading Bharat Benz partners with iQuippo to offer digitalised solutions to pre-owned CV customers