Financial Results – Page 5785 – I wish I had more to offer

Ashok Leyland Q1 standalone profit jumps over 7 times at Rs 576 crore

The Chennai-based commercial vehicle major Ashok Leyland reported a 747 percent year-on-year (YoY) jump in its standalone net profit for the first quarter ended June, at Rs 576.42 crore as against Rs 68 crore in the same period last year. Meanwhile, the company’s standalone revenue for the quarter also rose to Rs 8,189 crore as… Continue reading Ashok Leyland Q1 standalone profit jumps over 7 times at Rs 576 crore

CRISIL upgrades Craftsman Automation’s credit ratings to AA-/Stable

CRISIL Ratings has upgraded the credit ratings of Craftsman Automation (CAL). The long-term bank facilities have been upgraded from ‘CRISIL A+/Positive’ to ‘CRISIL AA-/Stable’, and the short-term bank facilities have been upgraded from ‘CRISIL A1’ to ‘CRISIL A1+’. This means that CAL is now considered a more creditworthy company than it was before, which could make… Continue reading CRISIL upgrades Craftsman Automation’s credit ratings to AA-/Stable

How to Get the Most Revenue, Efficiency in the Digital World

The biggest cost of resisting new technologies is that competitors can get ahead of a company and reap the rewards of smoother operations and cost savings. Photo: Fidelity Payment Services In the new digital landscape, what advanced technologies make sense for non-major car rental operators to start using? That’s a vital questions given that picking… Continue reading How to Get the Most Revenue, Efficiency in the Digital World

Advanced Battery Management Software Will Enable Automakers US$18 Billion in Potential Savings in 2030

Improvements in battery software can allow for a smaller battery without reducing a vehicle’s range LONDON, July 20, 2023 /PRNewswire/ — Advanced Battery Management System (BMS) software could save automakers US$18 billion annually in 2030, equivalent to US$76 billion cumulatively from 2024. New research from global technology intelligence firm ABI Research finds that intelligent BMS software… Continue reading Advanced Battery Management Software Will Enable Automakers US$18 Billion in Potential Savings in 2030

Vertiports Market worth $10.7 billion by 2030 – Exclusive Report by MarketsandMarkets™

CHICAGO, July 20, 2023 /PRNewswire/ — The vertiports market is estimated to be USD 0.4 billion in 2023 to USD 10.7 billion by 2030, at a CAGR of 62.1% from 2023 to 2030 according to a new report by MarketsandMarkets™. The growing technological advancements and smart city initiatives are driving the growth of the vertiports… Continue reading Vertiports Market worth $10.7 billion by 2030 – Exclusive Report by MarketsandMarkets™

ScotRail Chooses MRI Software to Streamline Management of Property Portfolio

Scottish government-owned train operator leverages MRI Horizon to centralise data, automate processes and drive efficiencies across station rentals LONDON, July 20, 2023 /PRNewswire/ — ScotRail, the publicly owned Scottish railway network operator, has selected MRI Software‘s Horizon solution to manage its rental and lease portfolio, comprising 220 units across 356 stations. MRI Horizon is an innovative… Continue reading ScotRail Chooses MRI Software to Streamline Management of Property Portfolio

EV Battery Swapping Market in India To Generate USD 61.57 Million Revenue in 2030: P&S Intelligence

NEW YORK, July 20, 2023 /PRNewswire/ — The India EV battery swapping market has generated USD 10.2 million revenue in 2022, which is projected to rise at a rate of 25.20% to 2030, to reach USD 61.57 million. P&S Intelligence attributes it to the reducing costs of electric vehicles and the need for a shorter… Continue reading EV Battery Swapping Market in India To Generate USD 61.57 Million Revenue in 2030: P&S Intelligence