Having delivered its best-ever sales performance in a decade, Toyota Kirloskar, the Indian subsidiary of the world’s largest car maker Toyota Motor Corporation has posted its best operating performance with the highest ever profits and revenues in the country in FY23, twenty-five years since its inception. Toyota Kirloskar Motor recorded a profit of Rs 1404… Continue reading Toyota Kirloskar FY23 profits jump 2.7X to a record Rs 1404 crore
Tag: Strategy
Ford hires former Apple executive Peter Stern to head software services group
Ford today named Apple veteran Peter Stern to lead the newly formed Ford Integrated Services, which will create and market valuable software-enabled customer experiences across Ford Blue, Model e and Ford Pro. Stern served as vice president of Services at Apple for more than six years through January 2023 and was a driving force behind… Continue reading Ford hires former Apple executive Peter Stern to head software services group
Ashok Leyland to invest Rs 300 crore in EV arm OHM, transfer existing e-MaaS contracts
Ashok Leyland, the Indian flagship of the Hinduja Group, today announced that its Board has approved the acquisition of 100% of Ohm Global Mobility Private Ltd (OHM) from OHM International Mobility Ltd for a nominal consideration of Rs 1 lakh. As the company is yet to become operational the consideration was nominal. With this move,… Continue reading Ashok Leyland to invest Rs 300 crore in EV arm OHM, transfer existing e-MaaS contracts
Maharashtra government keen to clear path for Hyundai’s Rs 5,000 crore investment in GM’s Talegaon plant
The Maharashtra State Government has pledged its full support to Hyundai Motor India’s plans for a Rs 5000 crore investment commitment to the state over the next five years, even as it attempts to resolve the grievances of almost 1000 protesting workers. The Maharashtra government’s two key ministers, Labour Minister Suresh Khade and Industries Minister… Continue reading Maharashtra government keen to clear path for Hyundai’s Rs 5,000 crore investment in GM’s Talegaon plant
Nantong High-tech Zone to lure more projects in key sectors
SHANGHAI, Aug. 11, 2023 /PRNewswire/ — In recent years, Nantong has benefited from multiple national strategic opportunities, such as the Yangtze River Economic Belt and the integration of the Yangtze River Delta. By 2022, Nantong’s GDP reached 1.14 trillion yuan, ranking 23rd among major cities nationwide and 5th among prefecture-level cities. Nantong High-tech Zone was established… Continue reading Nantong High-tech Zone to lure more projects in key sectors
NETA AUTO COMING TO ESTABLISH AND SUSTAIN IN INDONESIA
HELLO INDONESIA, THIS IS NETA JAKARTA, Indonesia, Aug. 10, 2023 /PRNewswire/ — Since one year after being introduced overseas, this year, NETA, is established and officially introduced in Indonesia through the Gaikindo Indonesia International Auto Show (GIIAS) 2023 exhibition. As an automotive brand that was first introduced to China mass market back in June 2018 and… Continue reading NETA AUTO COMING TO ESTABLISH AND SUSTAIN IN INDONESIA
Saudi Arabia’s New Airline Signs its First Sports Sponsorship Deal with Leading Spanish Football Club
– Riyadh Air, Saudi Arabia’s world-class, digitally-led airline and leading Spanish and European football club Atlético de Madrid announce historic partnership – The multiyear agreement will see Riyadh Air as main sponsor and official airline partner – The airline continues to reveal major milestones ahead of its first flight in 2025 MADRID, Aug. 10, 2023… Continue reading Saudi Arabia’s New Airline Signs its First Sports Sponsorship Deal with Leading Spanish Football Club
PrizePicks Adds to Senior Leadership Team with Two Strategic Appointments
Industry Veterans Elisa Richardson and Brian Huss Join Skill-Based DFS Leader as VPs of Strategic Communications, Innovation ATLANTA, Aug. 14, 2023 /PRNewswire/ — PrizePicks, the largest fantasy sports operator in North America, today announced the appointment of two gaming industry veterans to its senior leadership team. Elisa Richardson will join PrizePicks as the company’s Vice President… Continue reading PrizePicks Adds to Senior Leadership Team with Two Strategic Appointments
Second Nature Brands appoints Jacobo Capuano as Chief Supply Chain Officer to support further M&A activity, integration and future growth
DETROIT, Aug. 14, 2023 /PRNewswire/ — Second Nature Brands, the US-based creator of premium, nutritional and better-for-you snacks and treats, is pleased to announce the appointment of Jacobo Capuano as its new Chief Supply Chain Officer, reporting to CEO Victor Mehren. Continue Reading Jacobo Capuano, Chief Supply Chain Officer Second Nature Brands owns a growing portfolio… Continue reading Second Nature Brands appoints Jacobo Capuano as Chief Supply Chain Officer to support further M&A activity, integration and future growth
RainFocus and Groups360 Announce Continued Partnership for Streamlined Event Lifecycles
The partnership provides event teams with comprehensive tools and solutions for sourcing and event marketing activation LEHI, Utah, Aug. 14, 2023 /PRNewswire/ — RainFocus™, provider of the next-generation event marketing platform, and Groups360, a leading platform for booking group travel, today announced continued momentum and strategic plans to accelerate their partnership to support client growth,… Continue reading RainFocus and Groups360 Announce Continued Partnership for Streamlined Event Lifecycles