TVS Motor Company reported a 22 percent growth in its consolidated profit at Rs 335.67 crore for the quarter ended March (Q4 FY23). The company reported a consolidated profit of Rs 274.67 crore in the same period the previous year. Its operating revenue increased by 23 percent year over year to Rs 8,098.54 crore from… Continue reading TVS Motor Q4: PAT up by 22% at Rs 336 crore
Author: Autocar_Professional India Online News
Rane Engine Valve reports net profit of Rs 4.9 crore in Q4FY23
Chennai-based Rane Engine Valve (REVL), a manufacturer of engine valves, guides, and tappets, has announced its financial results for Q4 FY23, and full-year FY23, which ended 31 March 2023. The company reported a net profit of Rs 4.9 crore in Q4FY23, versus a loss of Rs 0.01 crore in the same period a year ago… Continue reading Rane Engine Valve reports net profit of Rs 4.9 crore in Q4FY23
Piaggio launches new Apé Xtra LDX CNG cargo three-wheeler for Rs 251,586
Piaggio Vehicles, the Indian subsidiary of the Piaggio Group of Italy and manufacturer of small commercial vehicles, has launched the new CNG-powered Apé Xtra LDX for Rs 251,586 (ex-showroom Maharashtra). The Apé Xtra LDX CNG is designed for cargo applications and has a 5.5-feet-long deck. Piaggio Vehicles claims the vehicle has best-in-class fuel efficiency of… Continue reading Piaggio launches new Apé Xtra LDX CNG cargo three-wheeler for Rs 251,586
Piaggio launches new Apé Xtra LDX CNG cargo three-wheeler for Rs 251,586
Piaggio Vehicles, the Indian subsidiary of the Piaggio Group of Italy and manufacturer of small commercial vehicles, has launched the new CNG-powered Apé Xtra LDX for Rs 251,586 (ex-showroom Maharashtra). The Apé Xtra LDX CNG is designed for cargo applications and has a 5.5-feet-long deck. Piaggio Vehicles claims the vehicle has best-in-class fuel efficiency of… Continue reading Piaggio launches new Apé Xtra LDX CNG cargo three-wheeler for Rs 251,586
STATIQ gives green mobility push to Bareilly, sets up a Public EV fast-charging station at Ramada Encore by Wyndham, Bareilly
Statiq, India’s largest EV charging network, has launched a Public Fast EV charging station at the Ramada Encore by Wyndham, in Bareilly. The initiative will add to the ongoing and larger drive for increased EV usage in the state of Uttar Pradesh and indeed all over India. At the same time, it will also complement the UP government’s… Continue reading STATIQ gives green mobility push to Bareilly, sets up a Public EV fast-charging station at Ramada Encore by Wyndham, Bareilly
Road construction to witness 16-21% jump in FY2024, ahead of general elections: ICRA
ICRA, a rating agency, forecasts a 16–21% increase in road execution activity in FY2024 to 12,000–12,500 km, owing to a healthy pipeline of projects, increased government capital outlay, and a focus on project completions ahead of the general elections. Furthermore, it expects toll collection growth to be 6-9% in FY2024, primarily supported by a 4-5% growth in… Continue reading Road construction to witness 16-21% jump in FY2024, ahead of general elections: ICRA
India Auto Inc retail sales down 4% in April, FADA urges 10% GST cut on two-wheelers
India Auto Inc retail sales down 4% in April, FADA urges 10% GST cut on two-wheelers The Federation of Automobile Dealers Associations (FADA) today released vehicle retail sales numbers for April 2023. Overall retails at 1.72 million units across five vehicle categories last month translate into a 4.03% decline year on year (April 2022: 17,97,432… Continue reading India Auto Inc retail sales down 4% in April, FADA urges 10% GST cut on two-wheelers
‘We understand the speed and sequence of EV adoption’: Dharm Vahalia
Chennai-based Ascend Performance Materials is actively engaged with all major global OEMs and Tier I companies, many of whom are also operating in India. Over the past decade, the company has been a partner to market leaders in the EV segment where it helps them build battery modules, battery seals, wire harness retainers, connectors, suspension… Continue reading ‘We understand the speed and sequence of EV adoption’: Dharm Vahalia
‘We understand the speed and sequence of EV adoption’: Dharm Vahalia
Chennai-based Ascend Performance Materials is actively engaged with all major global OEMs and Tier I companies, many of whom are also operating in India. Over the past decade, the company has been a partner to market leaders in the EV segment where it helps them build battery modules, battery seals, wire harness retainers, connectors, suspension… Continue reading ‘We understand the speed and sequence of EV adoption’: Dharm Vahalia
Petronet LNG to establish 4-5 compressed biogas stations, includes them as part of Rs 1,700 crore capex plan for FY24
Petronet LNG to establish 4-5 compressed biogas stations, includes them as part of Rs 1,700 crore capex plan for FY24 Petronet LNG (PLNG), India’s largest player in the LNG sector, plans to establish 4-5 compressed biogas stations. The initiative has already been incorporated into the company’s capex plan, which stands at approximately Rs 1,700 crore… Continue reading Petronet LNG to establish 4-5 compressed biogas stations, includes them as part of Rs 1,700 crore capex plan for FY24