Donations towards the environment and sustainability have increased by 31%, reaching Rs 143 crore, as compared to the previous year, according to the Edelgive Hurun India Philanthropy List 2023. Hurun India and EdelGive today released the EdelGive Hurun India Philanthropy List 2023, marking their 10th year of the same. The report showed that education remained the… Continue reading Donations to sustainability sees 31% increase on a YoY basis, shows Edelgive Hurun India Philanthropy List 2023
Author: Autocar_Professional India Online News
Donation to sustainability sees 31% increase on a YoY basis, shows EdelGive Hurun India Philanthropy List 2023
Donations towards the environment and sustainability have increased by 31%, reaching Rs 143 crore, as compared to the previous year, according to the Edelgive Hurun India Philanthropy List 2023. Nithin and Nikhil Kamath of Zerodha were the highest donors in this category, with donation of Rs 110 crore. Hurun India and EdelGive today released the EdelGive… Continue reading Donation to sustainability sees 31% increase on a YoY basis, shows EdelGive Hurun India Philanthropy List 2023
Skoda commissions rooftop photovoltaic systems at Mlada Boleslav plant
Skoda Auto is paving the way for carbon-neutral production at its Czech plants by the end of the decade. In cooperation with Cez Esco and Sko-Energo, the car manufacturer has commissioned three rooftop photovoltaic systems at its main plant in Mlada Boleslav and the Skoda Parts Center logistics hub. Covering an area of over 10,000… Continue reading Skoda commissions rooftop photovoltaic systems at Mlada Boleslav plant
Infineon and Eatron partner to advance BMS solutions for EV manufacturers
Infineon Technologies and Eatron Technologies have signed a partnership to bring advanced machine learning solutions and algorithms to the Aurix TC4x microcontroller (MCU). The partnership is aimed at advancing automotive battery management systems (BMS) solutions. Infineon’s BMS platform accurately monitors, protects, and optimises electric vehicle (EV) battery performance. The company says its BMS platform guarantees up to ASIL… Continue reading Infineon and Eatron partner to advance BMS solutions for EV manufacturers
Infineon and Eatron partner to advance BMS solutions for EV manufacturers
Infineon Technologies and Eatron Technologies have signed a partnership to bring advanced machine learning solutions and algorithms to the Aurix TC4x microcontroller (MCU). The partnership is aimed at advancing automotive battery management systems (BMS) solutions. Infineon’s BMS platform accurately monitors, protects, and optimises electric vehicle (EV) battery performance. The company says its BMS platform guarantees up to ASIL… Continue reading Infineon and Eatron partner to advance BMS solutions for EV manufacturers
Car and SUV makers capture festive demand, October sales soar to record 391,000 units
As expected, Diwali has come early for India Passenger Vehicle Inc. Combined wholesale numbers of 14 manufacturers for October 2023 have totalled a staggering 391,147 units, only a few thousand units shy of the 400,000-unit mark. Not only does this big number constitute strong 16% year-on-year growth (October 2022: 336,428) on a high year-ago base… Continue reading Car and SUV makers capture festive demand, October sales soar to record 391,000 units
Hero MotoCorp’s Pawan Munjal volunteers to take 20% salary cut
Dr. Pawan Munjal, Executive Chairman and whole time Director of Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has volunteered to reduce his fixed salary by 20%. The updated remuneration of the Executive Chairman will be effective 1 January, 2024. Earlier this year, Dr. Munjal decided to separate the roles of Chairman and… Continue reading Hero MotoCorp’s Pawan Munjal volunteers to take 20% salary cut
Murugappa family comes to agreement, to withdraw legal proceedings
The Murugappa family on Wednesday announced that its members have taken undertaken the necessary actions to effect the family arrangement, the terms of which had been recorded by way of a memorandum on August 20, 2023. With this, the family arrangement with the family branch of late M V Murugappan is now effective. In the upcoming… Continue reading Murugappa family comes to agreement, to withdraw legal proceedings
Royal Enfield sees 2.67 percent Y-o-Y growth in October 2023
Royal Enfield has recorded a marginal 2.67 percent year-on-year (Y-o-Y) increase in its sales at 84,435 motorcycles in October 2023 as against 82,235 motorcycles sold during the same period in the previous financial year. Sharing the October results B Govindarajan, CEO, Royal Enfield said, “With the recently launched Bullet 350 seeing an encouraging response, we are soon getting ready to… Continue reading Royal Enfield sees 2.67 percent Y-o-Y growth in October 2023
Hero MotoCorp’s net profit zooms by 47 percent for quarter ended September 2023
Despite a 1 percent year-on-year drop in total sales to 14.17 lakh units in the September quarter, Hero MotoCorp outperformed the market by posting a 47 percent increase in net profit at Rs 1,054 crore, compared to a profit of Rs 716 crore in the same period last year. Hero MotoCorp’s overall net margins increased… Continue reading Hero MotoCorp’s net profit zooms by 47 percent for quarter ended September 2023