Maruti Suzuki says inventory ‘slightly higher, but manageable’

Amid growing concerns raised by the Federation of Automotive Dealers Association (FADA) over a pile-up of unsold cars at dealerships and their call to rationalize production, India’s largest carmaker Maruti Suzuki India Ltd on Wednesday asserted that its inventory levels are manageable, though it is slightly higher than optimal. “Our inventory was at a very… Continue reading Maruti Suzuki says inventory ‘slightly higher, but manageable’

Mahindra poised to enter mini electric truck market, challenging Tata Motors

Having captured leadership in the small commercial vehicle segment, led by its pick-up trucks, Mahindra & Mahindra is set to challenge Tata Motors in the mini electric truck segment. The maker of Supro and Jeeto is ready with its electric mini truck, which will be launched within the next few months, said the company’s top… Continue reading Mahindra poised to enter mini electric truck market, challenging Tata Motors

Autocar magazine 31 July: on sale now

In this week’s issue, we share all the key details on the new all-electric Audi A6, drive the new Volkswagen Golf GTI, and the Porsche Cayenne Turbo GT takes on the Range Rover Sport SV.  News The covers have finally come of the all-electric Audi A6, with the new EV arriving in both saloon and… Continue reading Autocar magazine 31 July: on sale now

Asahi India Glass Q1 Profit Drops 25%, Revenue Rises 4%

Asahi India Glass Ltd, a supplier to the automotive industry, reported a consolidated net profit of Rs 76.69 crore during Q1FY25- witnessing a drop of 25.41% against Q1FY24. The company’s operating revenue on the other hand stood at Rs 1,135.83 crore in Q1FY25, a jump of 4.14% compared with Q1FY24.  Asahi India Glass, with close… Continue reading Asahi India Glass Q1 Profit Drops 25%, Revenue Rises 4%

EV capacity of 1 lakh will be up by the end of this year: M&M’s Rajesh Jejurikar

Mahindra & Mahindra (M&M) said that it will be ready with a capacity of 100,000 units for electric vehicles (EVS) by the end of this financial year. At the post-earnings press meet, Rajesh Jejurikar, Executive Director and CEO (Auto and Farm Sector) at M&M said, “When we finish FY25, we would have added about 100,000… Continue reading EV capacity of 1 lakh will be up by the end of this year: M&M’s Rajesh Jejurikar

@Tata-JLR: DEFENDER MARKS 70 YEARS OF ITS LANDMARK HUMANITARIAN CHARITY PARTNERSHIP WITH BRITISH RED CROSS

Year of celebration: Defender celebrates one of the longest‑standing charity partnerships of its kind in the world – Land Rover’s 70‑year association with the British Red Cross Proven provenance: Defender can trace its roots back to the first Series Land Rovers, which began working with the British Red Cross in 1954 Historical moment: Defender marks its… Continue reading @Tata-JLR: DEFENDER MARKS 70 YEARS OF ITS LANDMARK HUMANITARIAN CHARITY PARTNERSHIP WITH BRITISH RED CROSS

Q1 results today: Maruti, M&M among 115 companies to announce earnings on Wednesday

Revenue from operations may increase 16% Y-o-Y, according to an average estimate of four brokerages, while net profit is likely to be flat or seen declining up to 14% YoY. The first quarter earnings season is underway and as many as 115 companies will announce their quarterly numbers on Wednesday. Key results to watch out… Continue reading Q1 results today: Maruti, M&M among 115 companies to announce earnings on Wednesday

Healthcare IT Market size is set to grow by USD 199.8 billion from 2024-2028, Increasing focus on improving quality of services and efficiency to boost the market growth, Technavio

NEW YORK, July 30, 2024 /PRNewswire/ — The global healthcare IT market size is estimated to grow by USD 199.8 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 11.61% during the forecast period. Increasing focus on improving quality of services and efficiency is driving market growth, with a trend… Continue reading Healthcare IT Market size is set to grow by USD 199.8 billion from 2024-2028, Increasing focus on improving quality of services and efficiency to boost the market growth, Technavio

Medical Device Manufacturing Outsourcing Market size is set to grow by USD 50.44 billion from 2024-2028, Growing focus of OEMs on reducing medical device manufacturing costs to boost the market growth, Technavio

NEW YORK, July 30, 2024 /PRNewswire/ — The global medical device manufacturing outsourcing market  size is estimated to grow by USD 50.44 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  10.87%  during the forecast period.  Growing focus of oems on reducing medical device manufacturing costs is driving market growth, with… Continue reading Medical Device Manufacturing Outsourcing Market size is set to grow by USD 50.44 billion from 2024-2028, Growing focus of OEMs on reducing medical device manufacturing costs to boost the market growth, Technavio

Sustainable Beauty and Skincare Market will Expand USD 326.8 Billion to 2031- Says Latest InsightAce Analytic Pvt. Ltd. Survey

JERSEY CITY, N.J., July 30, 2024 /PRNewswire/ — InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the “Sustainable Beauty and Skincare Market‘– By Type (Organic Beauty Products, Natural Skincare Products, Vegan Beauty Products, Cruelty-Free Cosmetics, Clean Beauty Products), By Application (Facial Care, Hair Care, Body Care, Makeup and Cosmetics, Fragrances) By… Continue reading Sustainable Beauty and Skincare Market will Expand USD 326.8 Billion to 2031- Says Latest InsightAce Analytic Pvt. Ltd. Survey