Tata Motors is increasing its electric vehicle (EV) presence in Kerala, recognizing the state as a vital market for eco-friendly transportation. With Kerala’s growing interest in sustainable mobility, Tata Motors has introduced its EV lineup to the region, aiming to align with both state and national initiatives for reducing carbon emissions. The company’s approach includes… Continue reading Tata Motors expands EV presence in Kerala, strengthening electric mobility in India
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Hero MotoCorp Q2FY25 results: Profit grows 14% YoY, revenue up 11%
India’s largest two-wheeler maker Hero MotoCorp Ltd today posted a 14.2% growth in its net profit for the second quarter on a year-on-year basis. The robust profit growth reflects improvement in volume and a higher share of the 125cc segment and above models, which aided margin expansion. The automaker’s standalone net profit for the September quarter… Continue reading Hero MotoCorp Q2FY25 results: Profit grows 14% YoY, revenue up 11%
Sunil Khanduja appointed managing director of Ingersoll Rand India
Ingersoll Rand, a company known for its role in flow creation and industrial technologies, has announced a new leadership appointment to support its growth strategy in India. The company’s Board of Directors has appointed Sunil Khanduja as Managing Director of Ingersoll Rand (India) Limited for a five-year term, effective from November 12, 2024, through November… Continue reading Sunil Khanduja appointed managing director of Ingersoll Rand India
Hyundai Motor India launches nationwide ‘Hyundai Always Around’ Campaign
Hyundai Motor India Limited (HMIL) has introduced the 2024 edition of its ‘Hyundai Always Around’ campaign, aiming to provide convenient sales, service, and exchange options to its customers across India. Scheduled for Sunday, November 17, 2024, the campaign is a one-day, nationwide event that offers exclusive services and benefits to both existing and prospective customers… Continue reading Hyundai Motor India launches nationwide ‘Hyundai Always Around’ Campaign
Uber enhances driver experience in India with new features focused on safety
Uber unveiled a range of new features aimed at enhancing the experience of its drivers in India. These initiatives focus on safety, fairness, and convenience, with the goal of improving day-to-day operations for Uber’s large driver base. With over a million monthly active drivers in India, Uber aims to make driving with the platform a… Continue reading Uber enhances driver experience in India with new features focused on safety
Plug-in hybrid vehicles help reduce emissions, address range anxiety, says Piyush Goyal
Union Minister of Commerce and Industry Piyush Goyal said he was against hybrid vehicles. But now he seems to have a change of mind with the plug-in hybrid vehicle’s ability to reduce carbon emissions and address range anxiety. “I was always anti-hybrid. When I studied the model of plug-in hybrids where we can have the… Continue reading Plug-in hybrid vehicles help reduce emissions, address range anxiety, says Piyush Goyal
Mushin Innovative Labs raises Rs 2 Cr in Seed Funding Led by inflection point ventures
Mushin Innovative Labs has raised Rs 2cr in a Seed Series funding round led by Inflection Point Ventures. Mushin plans to use the funds to expand its sales and marketing efforts, accelerate research and development, and drive product innovation. This focus aims to help the company enhance its market presence, improve its product offerings, and… Continue reading Mushin Innovative Labs raises Rs 2 Cr in Seed Funding Led by inflection point ventures
Bharat Forge consolidated net profit rises 13.5%, consolidated revenue falls 2.3% in Q2FY25
Bharat Forge Ltd reported a consolidated revenue of ₹3,689 crore in the second quarter of the financial year 2025, a 2.3% decrease year-on-year. The company reasoned European market challenges as one of the causes for this fall. The company’s net profit increased 13.2% to 243.2 crore from Rs 214.8 crore a year ago. EBITDA reached… Continue reading Bharat Forge consolidated net profit rises 13.5%, consolidated revenue falls 2.3% in Q2FY25
KTM expands motorcycle portfolio in India with 10 new models across various segments
KTM has introduced a range of 10 high-performance motorcycles in India, covering four key segments: Naked, Travel, Off-road Enduro, and Off-road Motocross. These models include the KTM 1390 SuperDuke R, priced at Rs 22.96 lakh, the KTM 890Duke R at Rs 14.50 lakh, and the KTM 1290 SUPER Adventure S at Rs 22.74 lakh. Additionally,… Continue reading KTM expands motorcycle portfolio in India with 10 new models across various segments
Exide to commercialize Li-ion cell manufacturing with 6 GWh capacity by FY26 end
Battery major Exide Industries, which is nearing the completion of its lithium-ion cell battery manufacturing facility, expects to commercialize the plant with a capacity of 6 GWh under the first phase towards the end of the financial year 2026. “The construction work including the main cell, admin and warehouse buildings is closer to completion. Equipment… Continue reading Exide to commercialize Li-ion cell manufacturing with 6 GWh capacity by FY26 end