Ashok Leyland, the flagship Company of the Hinduja Group and India’s leading commercial vehicle manufacturer launched its innovative 13.5m bus chassis at Prawaas 3.0, organized by Bus & Car Operators Confederation of India (BOCI). The 13.5m intercity bus chassis (4X2) is a new platform engineered for high speed intercity commute with larger saloon space. It […]
Author: Shivam
Omega Seiki, Agri Junction Tie Up To Deploy Over 10k EVs In Rural Market
Omega Seiki Mobility (OSM) on Friday announced a strategic partnership with Agri Junction to deploy over 10,000 electric two and three-wheelers in rural markets by current fiscal year. In the first phase, these vehicles will be introduced in tier II and III markets of Uttar Pradesh and Maharashtra, the two firms said in a joint […]
Repo Hike: Realtors Expect Short-Term Impact On Housing Sales, Buying Sentiments
Housing sales are likely to be hit, especially in affordable and mid-income categories, following the RBI’s decision to hike repo rate, according to real estate developers and consultants. However, the impact of RBI’s decision to raise the benchmark lending rate by 50 basis points to 5.40 per cent is expected to be for a short […]
Tata Motors Aim To Grow In Excess Of 40 Per Cent Over Q2 FY22, Says VP (Sales)
With an eye on the upcoming Onam season, Tata Motors, a home-grown automaker, plans to increase its sales in Kerala by 40 per cent in the second quarter of the financial year 2022. Rajan Amba, the Vice-President, Sales, Marketing and Customer Care of Tata Motors Passenger Vehicles Ltd, said Kerala is a big market for […]
Over 21 Crore Two-Wheelers, 7 Crore Four-Wheelers And Above Category Of Vehicles Registered In India
The country has more than 21 crore two-wheelers and over 7 crore four-wheelers and above category of vehicles registered, Parliament was informed on Thursday. In a written reply to the Lok Sabha, Road Transport and Highways minister Nitin Gadkari said out of the total vehicles, 5,44,643 are electric two-wheelers while 54,252 are electric four-wheelers and […]
Auto Retail Sales Dip 8 PC In July On Lower Registrations Of Passenger Vehicles, Two-Wheelers
Automobile retail sales in India dropped 8 per cent on an annual basis in July on account of fall in registrations of passenger vehicles, two-wheelers and tractors. As per data released by the automobile dealers’ body FADA on Thursday, the overall automobile retail sales last month stood at 14,36,927 units, as compared with 15,59,106 units […]
Gulf Oil Q1 Revenue Crosses Rs. 700 Crores For The First Time With A Growth Of 69 % YoY & Q1 EBITDA Grows 102 % YoY.
Gulf Oil Lubricants India Limited, a Hinduja Group Company, has today reported its Unaudited financial results (Standalone) for the Quarter ended June 30, 2022. Key highlights are as under Particulars Rs. in Crore Q-1- FY-22-23 Q1 -FY 21-22 Growth% Y-o-Y Net Revenue 706.45 417.37 69.26% EBITDA 85.03 42.13 101.83% Profit Before Tax (PBT) 74.37 40.67 […]
Ashok Leyland Launches H6 4V Engine In AVTR Range With Premium N Cabin
Ashok Leyland, the flagship Company of the Hinduja Group and India’s leading commercial vehicle manufacturer, today, further strengthened its AVTR portfolio by introducing 250HP, 6-cylinder 4 Valve Engine with premium N Cabin in haulage, tractor and tipper segments. The proven H series engine makes this new range of trucks suitable for customers who seek higher […]
Ajmera Realty Acquires Land In Mumbai For Rs 42.5 cr
Ajmera Realty & Infra on Tuesday said it has acquired 1,721 square metres of land in Mumbai for Rs 42.5 crore to develop a housing project with an estimated sales revenue potential of Rs 250 crore. In a regulatory filing, the company informed that its subsidiary Shree Yogi Realcon Pvt Ltd has acquired property from […]
Kia India To Offer Six Airbags As Standard Fitment In Seltos
Kia India on Wednesday said it will offer six airbags as standard fitment in its mid-sized SUV Seltos. The decision to provide six airbags on all the trims of the model is in line with the increased focus on safety, it added. The South Korean automaker already offers six airbags as standard fitment in its […]