automotive
Equipped with Piaggio’s own and customers’ trusted 230cc, Air-cooled, 3-valve engine Piaggio Vehicles Pvt Ltd (PVPL), a 100 % subsidiary of the Italian auto giant Piaggio Group and India’s leading manufacturer of small commercial vehicles, announced the launch of the all-new Apé Xtra LDX. Available in CNG, the new
electric vehicle
Appoints Deepak Nanwani as the Head of Revenue & Operations Yuma Energy (Yuma), a joint venture between Magna, one of the world’s largest automotive suppliers and Yulu, India’s largest shared electric micro-mobility player, announced the appointment of Deepak Nanwani as the Head of Revenue and Operations. Deepak has
logistics
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-year
automotive
‘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
electric vehicle
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
mining & natural resources
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
automotive
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 Vivek Vikram Singh,
automotive
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 338,289 two-wheeler
automotive
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 in
automotive
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
automotive
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
automotive
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 product