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A.P. Moller – Maersk reports solid Q1 results

In line with expectations Continued destocking and easing of congestions implied lower volumes across all segments. Revenue declined by 26% to USD 14.2bn from USD 19.3bn. EBITDA decreased to USD 4.0bn from USD 9.1bn, and EBIT to USD 2.3bn from USD 7.3bn. The full-

Xceed: The all-new BMW X1 sDrive18i M Sport launched

‘M Sport’ flair lifts the excitement once again in a petrol guise The popular ‘M Sport’ variant of the all-new BMW X1 sports activity vehicle (SAV) has been introduced today in India in a petrol version as well - BMW X1 sDrive18i M Sport. Locally produced at BMW Group Plant

Esmito partners with ElectricFuel to offer Energy as a Service

ElectricFuel to serve as an EaaS operator enabled by Esmito’s products backed by its smart management platform Esmito, a Smart Battery Swapping solution Provider has joined hands with ElectricFuel, a leading EV Charging Services  Provider , to roll out Energy as a Service (EaaS) platform with an aim to bring

Meghalaya to witness transformation in the mining sector

Potential to generate significant sustainable livelihood opportunities along with revenue to the state exchequer Meghalaya is to witness transformation in the mining sector with the previous approval of the Central Government for the grant of mining lease to 4 applicants. In April 2014, National Green Tribunal (NGT) imposed a blanket

Sona BLW Precision Forgings Ltd. announces Q4 FY23 Results

Highest-ever Revenue, EBITDA and Net Profit in a quarter Sona BLW Precision Forgings Ltd. (Sona Comstar), a leading automotive technology company providing mission-critical systems and components for electrified and non-electrified powertrain segments, today announced its financial results for the quarter and year ended March 31st, 2023. Mr

Honda Motorcycle & Scooter India announced its sales numbers for April 2023

Registering total sales of 374,747 units Entering FY2023-24 with positivity, Honda Motorcycle and Scooter India (HMSI) today announced its sales numbers for the month of April 2023. The first month of FY2023-24 witnessed HMSI’s total sales (domestic & export) close at 374,747 units, with 338,

Suzuki Motorcycle India posts 23.3% Y-O-Y growth in April 2023

registering 88,731 units of sales Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation registered an overall sales figure of 88,731 units in the month of April 2023. The company sold 67,259 units in the domestic market and exported 21,472 units

Royal Enfield registered sales of 73,136 motorcycles

In the month of April 2023 as against 62,155 motorcycles sold in April 2022 Royal Enfield posted sales of 73,136 motorcycles in the month of April 2023 and exported 4,255 motorcycles during the month as compared to 8,303 during the same period last year. Speaking about

Honda Cars India registers 5,313 unit sales

Domestic sales of 5,313 units in April 2023 and 2,363 units of exports Honda Cars India Ltd. (HCIL), the leading manufacturer of premium cars in India, registered monthly domestic sales of 5,313 units in April 2023. The export numbers for HCIL stood at 2,363 units for

Hero Motocorp sells 3.96 Lakh units

Of motorcycles and scooters in April 2023 Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, sold 396,107 units in April 2023. The Company expects the momentum to build-up in the coming months on account of a combination of multiple factors, including a slew of new

Renault India launches enhanced range of Kiger

Renault KIGER enhances its strong value proposition with a tailored approach towards hatchback upgraders and SUV intenders Renault, the leading European brand in India, has refreshed KIGER’s variant portfolio with an enhanced value proposition, now offering KIGER RXT (O) MT variant at an attractive pricing of INR 7.99

Mahindra Auto sells 34,694 SUVs

With a 57% growth, and 62,294 vehicles across the portfolio with a 36% growth in April 2023 Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, today announced that its overall auto sales for the month of April 2023 stood at 62,294

Toyota Kirloskar Motor Announces Prices

Of Top Grades of The New Innova Crysta Toyota Kirloskar Motor (TKM) today announced the prices of top two grades (ZX & VX) of the New Innova Crysta. The vehicle comes with an enhanced front fascia that has been designed keeping in mind the specific preferences for a rugged and

DICV to Digitally Transform Driving Techniques

With its State-of-the-Art ‘BharatBenz Simulated Driver Trainer’ Daimler India Commercial Vehicles (DICV), the wholly owned subsidiary of Daimler Truck AG and the manufacturer of BharatBenz, India’s most respected truck and bus brand, has taken a significant step to digitally transform truck driving techniques on Indian roads

Joy E-bike develops Distribution Channel

150 Distributor Showrooms to come up by Q2 Giving a major boost to its distribution network, India’s leading two-wheeler EV manufacturer Wardwizard Innovations and Mobility Ltd. has announced to restructure its distribution-dealer model and establish 150 ‘Distributor Showrooms’ at the district level in order to cement its

ESG: The Driving Force Behind Sustainable Business Practices

Chargeup’s participation in stories around ESG As the world becomes increasingly aware of the impact of climate change and environmental degradation, more and more companies are committing to ESG (Environmental, Social, and Governance) principles. These principles encompass a wide range of issues, including climate action, affordable and clean energy,

Voluntary Insolvency by GO First

Go First has filed an application for voluntary insolvency resolution proceedings before NCLT Travel Agents Association of India (TAAI) President Jyoti Mayal has expressed concern over the sudden cancellation of all flights by GO First Airline on 3rd & 4th May 2023, stating that it has put the aviation industry