Auto cos bet on ‘premium’ showrooms

The premiumisation drive is being rolled out right from the mass players such as Maruti and Tata Motors, to mid-scale brands such as Hyundai and JSW MG Motor, and even luxury companies such as Mercedes-Benz that has created a separate, curated experience for its AMG line of super cars. To tap into the growing love… Continue reading Auto cos bet on ‘premium’ showrooms

Tata clarifies on creating holding company to park Tata Motors’ demerged businesses

The auto major said, the demerger is being done through a composite scheme of arrangements to be approved by NCLT, the process for which is already underway. Tata Motors on Thursday issued a clarification on an ET report that said Tata Sons is understood to be creating a holding company for Tata Motors to house… Continue reading Tata clarifies on creating holding company to park Tata Motors’ demerged businesses

Holdco to house Tata Motors’ demerged CV, PV businesses

Updated On Nov 14, 2024 at 09:10 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Tata Motors posted its highest-ever consolidated revenue at ‘4.38 lakh crore in fiscal 2024. JLR contributed 70% to the revenue, followed by CVs at 18% and the non-JLR PV business at 12%. Tata Sons is understood… Continue reading Holdco to house Tata Motors’ demerged CV, PV businesses

Borzo expands with new 3-Wheeler and Truck delivery service

Borzo (formerly WeFast), a global intracity same-day delivery service, has launched a 3-wheeler and truck delivery service, marking an expansion into the larger delivery segment. This move aims to cater to heavier shipments and offer more flexibility for businesses in key metro cities. The new delivery service will initially be available in Mumbai, with plans… Continue reading Borzo expands with new 3-Wheeler and Truck delivery service

Rajiv Rawat joins Stellantis IAP as Head of B2B Business for India and Asia Pacific

Rajiv Rawat has joined Stellantis IAP (India and Asia Pacific countries) as Head of B2B Business, effective November 11, 2024. Bringing over 24 years of automotive industry experience, Rajiv has held various roles at Tata Motors, Hyundai Motors, Volkswagen Group, and the Jeep Brand. Known for his expertise in business development, brand management, and sales… Continue reading Rajiv Rawat joins Stellantis IAP as Head of B2B Business for India and Asia Pacific

Digital Workplace Market to Grow by USD 76.22 Billion (2024-2028), Driven by Lower Enterprise Hardware Costs, AI-Powered Report Highlights Market Transformation – Technavio

NEW YORK, Nov. 12, 2024 /PRNewswire/ — Report with market evolution powered by AI – The global digital workplace market size is estimated to grow by USD 76.22 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 23.6% during the forecast period. Reduced hardware cost for enterprises is driving market… Continue reading Digital Workplace Market to Grow by USD 76.22 Billion (2024-2028), Driven by Lower Enterprise Hardware Costs, AI-Powered Report Highlights Market Transformation – Technavio

Strong products in all segments crucial for market share, says Maruti Suzuki

At a time when most of the passenger vehicle makers are increasingly favoring sports utility vehicles, India’s largest car maker Maruti Suzuki India Ltd believes it is crucial to have a strong product lineup across all mass-market car segments for a high market share. “Although the SUV segment is growing, all the other segments are… Continue reading Strong products in all segments crucial for market share, says Maruti Suzuki

Citroen Basalt: French carmaker’s winning attempt at Indian market

Citroen, the prominent French carmaker in the multi-dimensional Stellantis group and forayed into the Indian market in CY22, has had a tough start in the world’s third-largest passenger vehicle market. While its lacklustre marketing, sales, and product planning strategies have been the key reasons for the brand’s insignificant performance in the country so far, the… Continue reading Citroen Basalt: French carmaker’s winning attempt at Indian market