Sonalika Tractors achieves highest Q1 performance with overall sales of 41,465 tractors

Sonalika Tractors has clocked its best Q1 overall sales of 41,465 tractors. The company has also achieved its best  June performance in domestic market with 14,062 tractor sales, the press release noted.  This includes sales growth of 16.6% and market share gain of 1.4 percentile points, which is highest among all tractor brands. The company… Continue reading Sonalika Tractors achieves highest Q1 performance with overall sales of 41,465 tractors

Samvardhana Motherson International Limited raises USD 350 million at a coupon of 5.625% per annum

Samvardhana Motherson International Limited, the auto parts manufacturer, has approved the pricing, tenure and other terms of issuance of US dollar denominated senior, secured, guaranteed notes aggregating to USD 350 million, at a coupon of 5.625% per annum.  Interest on the Notes will be paid semi-annually in arrears on 11 January and 11 July of… Continue reading Samvardhana Motherson International Limited raises USD 350 million at a coupon of 5.625% per annum

Waaree Energies appoints Sanjeev Pushkarna as Chief Procurement Officer

Waaree Energies has appointed Sanjeev Pushkarna as the Chief Procurement Officer. With experience in procurement and a track record spanning multiple years in the energy sector, Pushkarna’s appointment is expected to spearhead the company towards innovation in the renewables energy ecosystem. His appointment is expected to augment the adoption of effective practices in supply chain… Continue reading Waaree Energies appoints Sanjeev Pushkarna as Chief Procurement Officer

Ather begins deliveries of Rizta scooter

Ather has begun deliveries of its Rizta family scooter just a few weeks after we reported that the company has begun its production.   For now, deliveries of the Ather Rizta have begun in Ahmedabad, Pune, Delhi, Lucknow, Agra, Jaipur, Nagpur, and across Andhra Pradesh. Ather tells us that deliveries from the rest of its… Continue reading Ather begins deliveries of Rizta scooter

Ather begins deliveries of Rizta scooter

Ather has begun deliveries of its Rizta family scooter just a few weeks after we reported that the company has begun its production.   For now, deliveries of the Ather Rizta have begun in Ahmedabad, Pune, Delhi, Lucknow, Agra, Jaipur, Nagpur, and across Andhra Pradesh. Ather tells us that deliveries from the rest of its… Continue reading Ather begins deliveries of Rizta scooter

Toyota Kirloskar Motor and Indian Institute of Science (IISc) partner to establish Mobility Engineering Lab

Toyota Kirloskar Motor (TKM) has partnered with the Indian Institute of Science (IISc) to support the establishment of a Mobility Engineering Laboratory. This facility will help equip the next generation of engineers with the multidisciplinary skills needed to develop advanced mobility solutions. The laboratory will focus on electrified vehicle powertrain technologies, utilising Hardware-in-Loop (HIL) simulation… Continue reading Toyota Kirloskar Motor and Indian Institute of Science (IISc) partner to establish Mobility Engineering Lab