Temporary ban on diesel trucks, buses; only BS-VI diesel cars to ply in Delhi-NCR

Temporary ban on diesel trucks, buses; only BS-VI diesel cars to ply in Delhi-NCR With persistent toxic air clouding over its skies in the last few days, the national capital is expected to witness its air quality to further deteriorate to the ‘Severe or Severe+’ category over the weekend and as a result, the Commission… Continue reading Temporary ban on diesel trucks, buses; only BS-VI diesel cars to ply in Delhi-NCR

TVS delivers strong show in Q2 FY2023, clocks Rs 407 crore net profit

TVS Motor Co today announced its numbers for the second quarter of the ongoing fiscal year and they reflect the strong market performance of the Chennai-based two- and three-wheeler manufacturer. While operating revenue grew by 28% to Rs 7,219 crore for July-September 2022 (Q2 FY2022: Rs 5,619 crore), operating rose by 31% to Rs 737… Continue reading TVS delivers strong show in Q2 FY2023, clocks Rs 407 crore net profit

TVS delivers strong show in Q2 FY2023, clocks Rs 407 crore net profit

TVS Motor Co today announced its numbers for the second quarter of the ongoing fiscal year and they reflect the strong market performance of the Chennai-based two- and three-wheeler manufacturer. While operating revenue grew by 28% to Rs 7,219 crore for July-September 2022 (Q2 FY2022: Rs 5,619 crore), operating rose by 31% to Rs 737… Continue reading TVS delivers strong show in Q2 FY2023, clocks Rs 407 crore net profit

Hero MotoCorp to ride on multiple launches to participate in growing premium motorcycle market

Hero MotoCorp to ride on multiple launches to participate in growing premium motorcycle market Hero MotoCorp, the country’s largest two-wheeler maker is accelerating its push in the premium end of the market with multiple product actions in the coming years with an eye on the adventure sports segment.  This push comes at a time, when its bread-and-butter… Continue reading Hero MotoCorp to ride on multiple launches to participate in growing premium motorcycle market

Ola reaches 1,00,000 scooters milestone

Ola Electric CEO and Founder Bhavish Aggarwal announced the rollout of its 1,00,000 vehicle from its two million capacity all-women workforce assembly line at its Krishnagiri plant near Bengaluru. Sharing his excitement on Twitter regarding the development, Aggarwal said  “The white Ola S1 rolls off the assembly line surrounded by an all-female workforce at the… Continue reading Ola reaches 1,00,000 scooters milestone

Ola reaches 1,00,000 scooters milestone

Ola Electric CEO and Founder Bhavish Aggarwal announced the rollout of its 1,00,000 vehicle from its two million capacity all-women workforce assembly line at its Krishnagiri plant near Bengaluru. Sharing his excitement on Twitter regarding the development, Aggarwal said  “The white Ola S1 rolls off the assembly line surrounded by an all-female workforce at the… Continue reading Ola reaches 1,00,000 scooters milestone

Bentley Motors reports highest ever third quarter results

Crewe, UK-based Bentley Motors has announced record operating profits for the first nine months of 2022, despite continuing challenges and uncertainty in the global economy. The British luxury car manufacturer saw profits more than double to €575 million, an increase of 109 percent compared to the same nine-month period last year. The previous best full… Continue reading Bentley Motors reports highest ever third quarter results

Andrew Palmer, Non-executive Director resigns from Ashok Leyland

Dr Andrew C Palmer, a Non-Executive Non-Independent Director on the board of Ashok Leyland resigned from his position on Thursday, the company informed in a regulatory filing.  The Chennai- based commercial vehicle major stated that Palmer stepped down on account of personal and unavoidable reasons. He was associated with Ashok Leyland from November 2015 and held… Continue reading Andrew Palmer, Non-executive Director resigns from Ashok Leyland

Sona Comstar commercialises net-formed spiral bevel gear, outlines Rs 1,000 crore capex

Sona Comstar commercialises net-formed spiral bevel gear, outlines Rs 1,000 crore capex Gurugram-based Tier 1 supplier Sona Comstar has developed and commercialised net-formed spiral bevel gears which, it claims, makes the company among the few players globally to have managed to develop this technology. The new product, company management stated, has been made using lesser steel and… Continue reading Sona Comstar commercialises net-formed spiral bevel gear, outlines Rs 1,000 crore capex

Honda Motorcycle & Scooter India expands network footprint ahead of new 100 cc launch

Honda Motorcycle & Scooter India expands network footprint ahead of new 100 cc launch As the race for the Number One position gets hotter between Hero MotoCorp and Honda Motorcycle and Scooter India (HMSI), the Japanese two-wheeler major is ramping up its dealership footprint across the country just ahead of its mass-market motorcycle launch scheduled… Continue reading Honda Motorcycle & Scooter India expands network footprint ahead of new 100 cc launch