Hero MotoCorp’s net profit in Q1 up five-fold to Rs 365 crore

Hero MotoCorp, the world’s largest manufacturer of motorcycle and scooters, has reported net profit of Rs 365 for Q1 FY2022 (April-June 2021). This constitutes 498% year-on-increase, albeit the year-ago situation was one badly impacted by the beginning of the pandemic.   Riding on sales of 10.25 lakh units of motorcycles and scooters during the quarter despite Covid-19 related  disruptions, … Continue reading Hero MotoCorp’s net profit in Q1 up five-fold to Rs 365 crore

Strong M&HCV volumes boost Ashok Leyland’s Q1 revenue

Ashok Leyland’s Q1FY2022 revenues came in at Rs 2,951 crores as against Rs 651 crore in Q1FY2021 on the back of strong volumes in the domestic M&HCV segment. It posted a net loss of Rs 282 crore for Q1 FY2022, lower than the net loss of Rs389 crores in Q1 FY2021. The company saw strong… Continue reading Strong M&HCV volumes boost Ashok Leyland’s Q1 revenue

Tata Motors gifts Altroz cars to India’s Olympians who narrowly missed winning at Tokyo

Tata Motors has announced that it is gifting its premium hatchback Altroz, in High Street Gold colour, to the Indian athletes who narrowly missed winning the bronze medal in the recently held Tokyo Olympics. In a statement, the company said: “These players represented India in the Olympics and have set the Gold standard and inspired… Continue reading Tata Motors gifts Altroz cars to India’s Olympians who narrowly missed winning at Tokyo

Igus’ wound tribo plain bearings reduce wear in heavy-duty applications

Lubrication-free, heavy-duty, wear-resistant: the new heavy-duty material iglidur TX2 saves costs and extends the service life in construction and agricultural machinery. (Source: igus GmbH) Motion plastics specialist igus has developed new bearings for heavy-duty applications in the construction machinery or agricultural industry. igus now has the new tribo-material iglidur TX2 in its product range, which… Continue reading Igus’ wound tribo plain bearings reduce wear in heavy-duty applications

Ashok Leyland to supply 40 e-buses to Chandigarh, help save Rs 5.81 crore in diesel costs annually

The 40-strong e-bus fleet will enable savings of Rs 5.81 crore in diesel and also reduce carbon emissions of around  1,700 tonnes per annum.  Chennai-based Ashok Leyland is upping the ante in electric buses. The company, which recently outlined plans for subsidiary firm Switch Mobility Automotive to drive its EV growth strategy in India, has… Continue reading Ashok Leyland to supply 40 e-buses to Chandigarh, help save Rs 5.81 crore in diesel costs annually

Sony’s 3D sound technology to debut in India in Mahindra XUV700

Japanese electronics major Sony India will introduce its 3D sound technology for the first-time in India in Mahindra’s upcoming SUV, the XUV700. This the electronics company says will be India’s first vehicle with its inbuilt sound system that will be powered by Sound Building Blocks, one of Sony’s 360 Spatial Sound Technology, which offers a… Continue reading Sony’s 3D sound technology to debut in India in Mahindra XUV700

Ducati India launches XDiavel Black Star and XDiavel Dark

Luxury motorcycle brand Ducati has launched its XDiavel range of motorcycles with two new BS6 models: the XDiavel Dark and the XDiavel Black Star. While the XDiavel Dark is priced at Rs 18 lakh, the XDiavel Black Star costs Rs 22.60 lakh (ex-showroom, India). Both the new versions have the twin-cylinder Ducati Testastretta DVT 1262… Continue reading Ducati India launches XDiavel Black Star and XDiavel Dark

Continental and Varta develop powerful battery for electric two-wheelers

Continental’s development and production service provider, Continental Engineering Services (CES) is collaborating with battery specialist Varta to develop new technologies and products that particularly lead to advances in sustainable solutions in the field of electro mobility. In a first pilot project, both partners have jointly developed an innovative product for the two-wheeler market. This is… Continue reading Continental and Varta develop powerful battery for electric two-wheelers