SAMIL Q1 PAT grows over 4-fold at Rs 601 crore 

Auto component major Samvardhana Motherson’s consolidated net profit soared by a massive 326% for the quarter ended June. Profit for the April-June quarter stood at Rs 601 crore, compared with Rs 141 crore in the same period last year. Revenue from operations during the reporting quarter jumped 27% to Rs 22,462 crore as against Rs… Continue reading SAMIL Q1 PAT grows over 4-fold at Rs 601 crore 

SAMIL Q1 PAT grows over 4-fold at Rs 601 crore 

Auto component major Samvardhana Motherson’s consolidated net profit soared by a massive 326% for the quarter ended June. Profit for the April-June quarter stood at Rs 601 crore, compared with Rs 141 crore in the same period last year. Revenue from operations during the reporting quarter jumped 27% to Rs 22,462 crore as against Rs… Continue reading SAMIL Q1 PAT grows over 4-fold at Rs 601 crore 

Maruti Suzuki offering benefits of up to Rs 64,000 in August 2023 on the Ignis, Ciaz and Baleno

Maruti Suzuki is offering benefits of up to Rs 64,000 in August 2023 on the Ignis, Ciaz and Baleno. Interested customers can avail these benefits in the form of cash discounts, exchange bonuses and corporate offers. Maruti Suzuki Ignis Save up to Rs 64,000 The Ignis is the entry-level product in the Nexa line-up and is available with… Continue reading Maruti Suzuki offering benefits of up to Rs 64,000 in August 2023 on the Ignis, Ciaz and Baleno

Toyota India files trademark for the name Urban Cruiser Taisor

Toyota India has filed a trademark for the name ‘Urban Cruiser Taisor’, which now strongly hints at the possibility of the brand re-entering the sub-4-metre SUV segment. This move comes nine months after Toyota discontinued its version of the Maruti Suzuki Brezza, the Urban Cruiser. This will be the fifth model that is shared between the brands.   Toyota… Continue reading Toyota India files trademark for the name Urban Cruiser Taisor

NueGo to offer ticket prices at Re 1 on Independence Day

NueGo, a GreenCell Mobility-owned intercity electric AC coach, is offering ticket prices at Re 1, to celebrate Independence Day. From 10-15 August 2023, customers can book tickets for any operating routes of the brand for Rupee 1. This limited-time offer is valid for travel on 15  August, marking the nation’s 77th Independence Day. NueGo is plying between… Continue reading NueGo to offer ticket prices at Re 1 on Independence Day

Akash Passey to succeed Suresh KV as President of ZF India

Suresh KV, currently Vice President and Head of ZF Group in India, has elected to step down from the helm of the company in the region to pursue other challenges. The Board of Directors has considered and accepted his request. Suresh KV will continue with the company till October 6, 2023, enabling a smooth transition… Continue reading Akash Passey to succeed Suresh KV as President of ZF India

Toyota debuts new Maruti Suzuki Ertiga-based Rumion MPV in India

Toyota has debuted the new Maruti Suzuki Ertiga-based Rumion MPV in India, and will announce its prices and booking amount soon. This is the fourth badge-engineered model shared between the two brands, and with this, Toyota now has the widest MPV portfolio in the market – the Rumion at the entry-level, followed by the Innova Crysta, Innova Hycross and the Vellfire at the… Continue reading Toyota debuts new Maruti Suzuki Ertiga-based Rumion MPV in India

Toyota debuts new Maruti Suzuki Ertiga-based Rumion MPV in India

Toyota has debuted the new Maruti Suzuki Ertiga-based Rumion MPV in India, and will announce its prices and booking amount soon. This is the fourth badge-engineered model shared between the two brands, and with this, Toyota now has the widest MPV portfolio in the market – the Rumion at the entry-level, followed by the Innova Crysta, Innova Hycross and the Vellfire at the… Continue reading Toyota debuts new Maruti Suzuki Ertiga-based Rumion MPV in India

Goodyear forays into automotive filters, batteries in India’s aftermarket

The Gurugram-based Assurance Intl Limited Incorporation (Assurance Intl), which was incorporated in 2017, and partnered with the US-based global tyre giant – Goodyear – in 2020, has ventured into India’s aftermarket with a range of automotive filters, and batteries under the Goodyear brand. While it has been offering Goodyear-branded lubricants in the country since 2021,… Continue reading Goodyear forays into automotive filters, batteries in India’s aftermarket

Tata Motors to offer its electric vehicles to the Kendriya Police Kalyan Bhandar

Tata Motors has become the first EV manufacturer to join hands with the Kendriya Police Kalyan Bhandar (KPKB), to offer its electric vehicles to  help Paramilitary Forces, State police personnel and their families, Independence Day inching closer.  As a part of this association, Tata Motors’ EV portfolio comprising the Tiago.ev, Tigor EV, and the Nexon EV PRIME and MAX will… Continue reading Tata Motors to offer its electric vehicles to the Kendriya Police Kalyan Bhandar