Amara Raja Q2FY25 revenue grows 11.6%, profit before tax 4.9%

Amara Raja Energy & Mobility Ltd., a comprehensive solutions provider in the Energy and Mobility sectors, reported an 11.6% increase in revenue for the second quarter of FY25 compared to the previous year. The company announced a profit before tax of ₹323.97 crore for Q2 FY25, reflecting a growth rate of 4.9% over the same… Continue reading Amara Raja Q2FY25 revenue grows 11.6%, profit before tax 4.9%

Exide Industries Jul-Sep consolidated net profit down 13.7%, revenue up 17.9%

Exide Industries, a major player in the storage battery sector, reported a year-on-year decline of 13.66% in its consolidated net profit for the second quarter of the fiscal year, amounting to ₹233.40 crore compared to ₹270.32 crore in the same period last year. Despite this, the company’s revenue from operations grew by 17.95% year-on-year, reaching… Continue reading Exide Industries Jul-Sep consolidated net profit down 13.7%, revenue up 17.9%

Suzuki e Vitara revealed as first India-bound Maruti EV

The Suzuki e Vitara has been revealed as the production version of the Maruti eVX concept in Milan, today. The ‘born-electric’ midsize SUV is the Japanese brand’s first EV for India and will enter a hotly contested segment that includes the Tata Curvv EV, MG ZS EV and the upcoming Hyundai Creta EV and Mahindra BE 05.  … Continue reading Suzuki e Vitara revealed as first India-bound Maruti EV

JSW MG Motor India and HSBC India form strategic partnership to enhance dealer financing

JSW MG Motor India has announced a partnership with HSBC India to provide financing solutions for its dealer network. This collaboration aims to give JSW MG Motor India dealers access to a range of financing options at competitive terms.   By leveraging HSBC India’s expertise, the partnership will facilitate access to working capital for the… Continue reading JSW MG Motor India and HSBC India form strategic partnership to enhance dealer financing

Ducati unveils new V2 engine: The lightest twin-cylinder yet

Ducati has introduced its new V2 engine, which weighs just 54.4 kg, making it the lightest twin-cylinder engine in the brand’s history. This engine incorporates several advanced features, including IVT (Intake Variable Timing) for improved performance, DLC treatment on the rocker arm, and hollow stems for the intake valves. It is available in two configurations,… Continue reading Ducati unveils new V2 engine: The lightest twin-cylinder yet

Maruti Suzuki launches bookings for the all-new 4th generation Dzire at Rs 11,000

Maruti Suzuki India Limited (MSIL) has commenced bookings for its new 4th Generation Dzire at Rs 11,000, which is known as India’s highest-selling compact sedan. This model aims to enhance the segment with its updated design, new features, and value proposition. The new generation Dzire builds on the established reputation of the brand, reflecting Maruti… Continue reading Maruti Suzuki launches bookings for the all-new 4th generation Dzire at Rs 11,000

BorgWarner extends transfer case business with North American OEM

BorgWarner is expanding its partnership with a major North American OEM, securing contracts to supply two types of two-speed transfer cases – Electro-Mechanical On-Demand (EMOD) and Electric Shift-on-the-Fly (ESOF) – for upcoming vehicle platforms. These transfer cases will feature in the OEM’s combustion and hybrid passenger truck platforms, with production for two platforms starting in… Continue reading BorgWarner extends transfer case business with North American OEM

Tata Power expands EV charging network in Eastern Uttar Pradesh

Tata Power, one of India’s integrated power companies and a provider of electric vehicle (EV) charging solutions, has announced the deployment of a new EV charging station in Azamgarh, Uttar Pradesh. This installation aims to enhance connectivity across Eastern UP, connecting cities such as Sultanpur, Ballia, and Gorakhpur. The project opens a corridor from Ballia… Continue reading Tata Power expands EV charging network in Eastern Uttar Pradesh

Autocar Professional’s Nov 1, 2024 issue is out!

In this edition, we delve into how the rivalry between rivals Tata Motors and Mahindra & Mahindra has been playing out, especially in the small commercial vehicle segment. In 2005, Tata Motors launched the Tata Ace, a mini truck designed to offer fleet operators superior payload, speed, and efficiency compared to three-wheelers. This innovation met… Continue reading Autocar Professional’s Nov 1, 2024 issue is out!

Autocar Professional’s Nov 1, 2024 issue is out!

In this edition, we delve into how the rivalry between rivals Tata Motors and Mahindra & Mahindra has been playing out, especially in the small commercial vehicle segment. In 2005, Tata Motors launched the Tata Ace, a mini truck designed to offer fleet operators superior payload, speed, and efficiency compared to three-wheelers. This innovation met… Continue reading Autocar Professional’s Nov 1, 2024 issue is out!