New Toyota Prius to be revealed on Wednesday

The fifth-generation Toyota Prius will be revealed on Wednesday 16 November, the Japanese manufacturer has confirmed. The car was previewed by an image posted to the firm’s Japanese social media accounts on 9 November, featuring the strapline “Hybrid Reborn” underneath a headlight. This indicates that the new model will use a different hybrid powertrain from… Continue reading New Toyota Prius to be revealed on Wednesday

SJS reports 30.7 percent growth in net profit in Q2FY23, eyes 25% revenue growth in 2 years

SJS reports 30.7 percent growth in net profit in Q2FY23, eyes 25% revenue growth in 2 years SJS Enterprises, a decorative aesthetics industry supplier, reported a 30 percent year-on-year increase in its consolidated net profit for September ending second quarter. The company registered a net profit of Rs 20 crore during the Q2 of FY23… Continue reading SJS reports 30.7 percent growth in net profit in Q2FY23, eyes 25% revenue growth in 2 years

Bharat Forge bags Rs 850 crore worth new orders during Q2FY23

Bharat Forge, a tier 1 supplier to automotive and other industries reported that it has secured Rs 850 crore of new businesses across automotive and industrial applications during the July to September quarter, the company informed the investors in a regulatory filing.  B.N. Kalyani, Chairman & Managing Director stated that the new order comes on… Continue reading Bharat Forge bags Rs 850 crore worth new orders during Q2FY23

Bharat Forge bags Rs 850 crore worth new orders during Q2FY23

Bharat Forge, a tier 1 supplier to automotive and other industries reported that it has secured Rs 850 crore of new businesses across automotive and industrial applications during the July to September quarter, the company informed the investors in a regulatory filing.  B.N. Kalyani, Chairman & Managing Director stated that the new order comes on… Continue reading Bharat Forge bags Rs 850 crore worth new orders during Q2FY23

Volkswagen’s ID. models crack the half-million mark a year ahead of target

Volkswagen’s ID. models crack the half-million mark a year ahead of target Volkswagen is on track with the electrification of its vehicle fleet. One year earlier than planned, the company has reached a further milestone in the implementation of its ‘Accelerate’ strategy to become an emission-free, software-driven mobility provider: Since the first ID.3 models were handed… Continue reading Volkswagen’s ID. models crack the half-million mark a year ahead of target

Volkswagen’s ID. models crack the half-million mark a year ahead of target

Volkswagen’s ID. models crack the half-million mark a year ahead of target Volkswagen is on track with the electrification of its vehicle fleet. One year earlier than planned, the company has reached a further milestone in the implementation of its ‘Accelerate’ strategy to become an emission-free, software-driven mobility provider: Since the first ID.3 models were handed… Continue reading Volkswagen’s ID. models crack the half-million mark a year ahead of target

Rane Group chairman L Ganesh conferred Deming Award for TQM

L Ganesh, Chairman of the Chennai-based Rane Group, has been conferred with the prestigious Deming Award, one of the longest-running and highest recognitions globally. The prestigious award is in recognition of his outstanding contribution in dissemination and promotion (overseas) of Total Quality Management (TQM) Receiving the honour in Japan, L Ganesh is the third Indian and fifth globally… Continue reading Rane Group chairman L Ganesh conferred Deming Award for TQM

Rane Group chairman L Ganesh conferred Deming Award for TQM

L Ganesh, Chairman of the Chennai-based Rane Group, has been conferred with the prestigious Deming Award, one of the longest-running and highest recognitions globally. The prestigious award is in recognition of his outstanding contribution in dissemination and promotion (overseas) of Total Quality Management (TQM) Receiving the honour in Japan, L Ganesh is the third Indian and fifth globally… Continue reading Rane Group chairman L Ganesh conferred Deming Award for TQM

ICRA expects 7-8 percent increase in investment by auto component suppliers in FY2024

ICRA expects 7-8 percent increase in investment by auto component suppliers in FY2024 Rating agency ICRA anticipates that its sample of 49 auto ancillaries – which have combined annual revenues of close to Rs 3 lakh crore – will have a market growth of 8-10 percent in FY2023, helped by strong demand from the local… Continue reading ICRA expects 7-8 percent increase in investment by auto component suppliers in FY2024

ICRA expects 7-8 percent increase in investment by auto component suppliers in FY2024

ICRA expects 7-8 percent increase in investment by auto component suppliers in FY2024 Rating agency ICRA anticipates that its sample of 49 auto ancillaries – which have combined annual revenues of close to Rs 3 lakh crore – will have a market growth of 8-10 percent in FY2023, helped by strong demand from the local… Continue reading ICRA expects 7-8 percent increase in investment by auto component suppliers in FY2024