The Transport Corporation of India Ltd., an integrated supply chain and logistics solutions provider posted a consolidated net profit of ₹1,073 million for Q2 FY2025, up 22.2% from ₹878 million in Q2 FY2024. Its consolidated revenue reached ₹11,314 million, rising 12.6% from ₹10,048 million. EBITDA increased to ₹1,519 million from ₹1,319 million, marking a 15.2%… Continue reading TCI consolidated net profit up by 22%, consolidated revenue up by 12.6% in Q2FY25
Category: US Motoring Press
Castrol India reports 9% revenue growth at ₹1,288 crore in Q3 2024
Castrol India Ltd reported a revenue of ₹1,288 crore, up 9% year-over-year, while the company’s profit before tax increased 6% to ₹280 crore for the third quarter ending September 2024. The company’s performance was driven by strong volume growth across product categories. For the first nine months of 2024, the lubricant maker recorded revenue from… Continue reading Castrol India reports 9% revenue growth at ₹1,288 crore in Q3 2024
Details of KTM 390 Adventure, 390 Enduro, 390 SMC R emerged
KTM has already revealed that it will be debuting three exciting new made-in-India motorcycles at EICMA – the 390 Adventure, the 390 Enduro and the 390 SMC. Some interesting details on all three motorcycles have now been leaked on social media in what appears to be a photograph of an internal presentation. Beginning with the… Continue reading Details of KTM 390 Adventure, 390 Enduro, 390 SMC R emerged
Ramkrishna Forgings reports 10% revenue growth in Q2 FY25, plans EV market expansion
Ramkrishna Forgings Ltd, a manufacturer of forged and machined products reported 10.1% year-over-year increase in revenue to Rs. 952 crore for the quarter ended September 30. The company’s profit after tax including exceptional gains surged by 129.8% to Rs. 183 crore. EBITDA grew by 7% to Rs. 212 crore. The company largely attributed the significant… Continue reading Ramkrishna Forgings reports 10% revenue growth in Q2 FY25, plans EV market expansion
Hikvision India unveils advanced traffic solutions at TrafficInfraTech expo 2024
Hikvision India presented several new solutions at TrafficInfraTech, offering advanced technology-driven innovations for the transportation sector. The company introduced the Multi-Lane Free Flow Tolling system, a Motorcycle Enforcement System, and ADAS & DMS solutions. These offerings form part of Hikvision’s broader range of Transportation Security Systems, Intelligent Traffic Management solutions, and Toll Plaza surveillance solutions. … Continue reading Hikvision India unveils advanced traffic solutions at TrafficInfraTech expo 2024
Asia Pacific Carbon Black conference focuses on India’s growing role in global exports
The 15th edition of the Asia Pacific Carbon Black Conference, Asia’s largest carbon-related gathering, concluded in Kolkata. Themed “Carbon Black: Perspectives in Asia Pacific,” the event took place from October 21 to 23, 2024, and addressed various aspects of the carbon black value chain, including sectors like tyres and auto components, plastics, conductive carbon black,… Continue reading Asia Pacific Carbon Black conference focuses on India’s growing role in global exports
Biswaroop Mukherjee resigns as Head of HR for Tata Motors’ CV unit
Biswaroop Mukherjee, Head of HR for Tata Motors’ USD 7 billion commercial vehicle business unit, has stepped down from his position. His role involved overseeing human resource operations across various functions—ranging from commercial, engineering, and product lines to the company’s operations in India and international subsidiaries. No succession or replacement has been announced nor… Continue reading Biswaroop Mukherjee resigns as Head of HR for Tata Motors’ CV unit
Biswaroop Mukherjee resigns as Head of HR for Tata Motors’ CV unit
Biswaroop Mukherjee, Head of HR for Tata Motors’ USD 7 billion commercial vehicle business unit, has stepped down from his position. His role involved overseeing human resource operations across various functions—ranging from commercial, engineering, and product lines to the company’s operations in India and international subsidiaries. No succession or replacement has been announced nor… Continue reading Biswaroop Mukherjee resigns as Head of HR for Tata Motors’ CV unit
ARC Electric partners with Aon plc to improve sustainable employee transportation solutions
ARC Electric, a startup focused on electric vehicle (EV) transportation, has entered into a partnership with Aon plc, a British-American professional services and management consulting firm, to support Aon’s sustainability efforts. The partnership involves the use of ARC Electric’s EVs for employee transportation across India, aligning with Aon’s objective to reduce its carbon footprint and… Continue reading ARC Electric partners with Aon plc to improve sustainable employee transportation solutions
Pure EV offers festive discounts on ecoDryft and eTryst X electric motorcycles
Pure EV, an Indian electric two-wheeler manufacturer, has introduced a festive discount on its ecoDryft and eTryst X motorcycles. From now until November 10, customers can receive a flat Rs 20,000 discount on both models, with the starting price now at Rs 99,999. Both motorcycles are built on Pure EV’s predictive-AI X-Platform and come with… Continue reading Pure EV offers festive discounts on ecoDryft and eTryst X electric motorcycles