ACCOR SIGNS MILESTONE AGREEMENT WITH EBISU RESORT LLC, WITH 23 PROPERTIES SET TO JOIN THE GROUP’S HOTEL NETWORK BY Q2 2024 PARIS, July 21, 2023 /PRNewswire/ — Accor’s presence in Japan is set to double while hotel openings gain momentum throughout the region. With travel and tourism surging once again on a global scale, countries… Continue reading Accor accelerates in Japan with agreement to operate 23 properties
Tag: Strategy
H World Announces Preliminary Q2 Operating Results
RevPAR Recovers To 121% Of The 2019 Level HONG KONG, July 26, 2023 /PRNewswire/ — H World Group Limited (“H World” or “the Group”, NASDAQ: HTHT and HKEX: 1179) announced its preliminary results for hotel operations in the second quarter ended 30 June 2023 (“Q2 2023“). As of 30 June 2023, H World operates 8,750 hotels with 844,417… Continue reading H World Announces Preliminary Q2 Operating Results
Tata Motors net profit at INR 3,301 cr in Q1 FY24
Updated On Jul 26, 2023 at 08:11 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Standalone revenue was at INR 15,733 crore, as compared to INR 14,793 crore, it added. New Delhi: Auto major Tata Motors on Tuesday reported a consolidated profit of INR 3,301 crore in the first quarter of… Continue reading Tata Motors net profit at INR 3,301 cr in Q1 FY24
KPIT Technologies Q1 net profit up 53% to INR 134 crore
Updated On Jul 26, 2023 at 07:58 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals The company’s revenue from operations grew over 60% to INR 1,098 crore as against INR 686 crore in the year-ago period. New Delhi: Pune-based KPIT Technologies on Tuesday reported a 53% increase in net profit to… Continue reading KPIT Technologies Q1 net profit up 53% to INR 134 crore
Mahindra & Mahindra restructures sourcing unit to ensure faster supply
Updated On Jul 26, 2023 at 07:32 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals R Veeraraghavan will lead sourcing for FES (farm equipment sector) and common commodities for AFS. Common commodities include casting, forging, steel and tyre. Mahindra & Mahindra has restructured its strategic sourcing unit (SSU) to ensure faster… Continue reading Mahindra & Mahindra restructures sourcing unit to ensure faster supply
@VW Group: Porsche AG continues positive business development in first half-year007607
26/07/2023 Porsche continued its positive business development in the first half-year of 2023. In the first six months of the year, the sports car manufacturer posted significant gains in Group sales revenue as well as Group operating profit. Sales revenues rose by 14.0 per cent to 20.43 billion euros. The operating profit rose by 10.7… Continue reading @VW Group: Porsche AG continues positive business development in first half-year007607
@VW Group: Intelligent and vibrant lighting: the Audi Q6 e-tron with second-generation digital OLED technology007603
This innovation will permanently change automotive light design and car-to-X communication: With second-generation digital OLED rear lights, the Audi Q6 e-tron is taking light design, range of functions, and road safety to a new level. Audi is gradually developing the technology into intelligent displays that can communicate with other road users by displaying information via… Continue reading @VW Group: Intelligent and vibrant lighting: the Audi Q6 e-tron with second-generation digital OLED technology007603
@Nissan: Nissan reports April-June results for fiscal year 2023001120
July 26, 2023 [embedded content] ・ Net revenue increased 37% year on year to 2,917.7 billion yen・ Operating profit increased 98% year on year to 128.6 billion yen・ Net income1 increased 124% year on year to 105.5 billion yen YOKOHAMA, Japan – Nissan Motor Co., Ltd. today announced financial results for the three months ended… Continue reading @Nissan: Nissan reports April-June results for fiscal year 2023001120
@Nissan: Renault and Nissan conclude definitive agreements 001119
July 26, 2023 PARIS and YOKOHAMA – Renault Group and Nissan Motor Co., Ltd. today announced that they have entered into the definitive agreements contemplated by the binding framework agreement executed and announced on February 6, 2023. The transactions contemplated in these definitive agreements are subject to a limited number of conditions precedent, including regulatory… Continue reading @Nissan: Renault and Nissan conclude definitive agreements 001119
Windrose Technology and Decathlon launched new low-carbon logistics initiative for zero-emission heavy-duty trucks commercial deployment, together with China’s leading logistics operator Rokin
SHANGHAI, July 26, 2023 /PRNewswire/ — Windrose Technology, a leading developer of zero-emission and intelligent heavy-duty trucks, launches road testing of its electric trucks for world’s leading sporting goods retailer Decathlon, joined by Rokin Logistics, one of the largest logistics operators in China. Previously Rokin Logistics has already made a strategic investment in Windrose as well… Continue reading Windrose Technology and Decathlon launched new low-carbon logistics initiative for zero-emission heavy-duty trucks commercial deployment, together with China’s leading logistics operator Rokin