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Setco Auto achieves revenue of Rs. 322.4 crore in H1 FY25

Setco Auto achieves revenue of Rs. 322.4 crore in H1 FY25

Published : 15, Nov 2024

The EBITDA for H1 FY25 stood at Rs. 46.3 crore, an increase from Rs. 27.0 crore in H1 FY24, with a 72 per cent year-on-year growth driven by rising aftermarket volumes, ongoing cost-saving...

JK Tyre joins RE100, commits to 100 per cent renewable electricity by 2050

JK Tyre joins RE100, commits to 100 per cent renewable electricity by 2050

Published : 13, Nov 2024

To stay on course, the company has set a mid-term goal (by FY30) to reduce its greenhouse gas (GHG) emission intensity by 50 per cent compared to the base financial year 2019

Warivo Motor secures design patent for high-speed CRX e-scooter

Warivo Motor secures design patent for high-speed CRX e-scooter

Published : 13, Nov 2024

The patent (Design No. 420129-001), awarded by the Controller of Patents & Designs, underscores Warivo Motor's commitment to creating aspirational designs

Wipro and FORVIA drive innovation in ADAS with Cloud Car Solution

Wipro and FORVIA drive innovation in ADAS with Cloud Car Solution

Published : 13, Nov 2024

Wipro Engineering Edge’s Cloud Car Solution will contribute to enhancing FORVIA’s vehicle safety applications

Ashok Leyland partners with Madhya Pradesh Gramin Bank to provide vehicle financing solutions

Ashok Leyland partners with Madhya Pradesh Gramin Bank to provide vehicle financing solutions

Published : 12, Nov 2024

Through this partnership, Madhya Pradesh Gramin Bank will provide comprehensive financial solutions to Ashok Leyland's customers, focusing on vehicle loans with flexible monthly repayment...

 Q2 FY25 results: Mahindra & Mahindra's automotive and farm divisions deliver robust performance

Q2 FY25 results: Mahindra & Mahindra's automotive and farm divisions deliver robust performance

Published : 7, Nov 2024

The automotive division achieved record-high quarterly volumes of 231,000 units, a 9 per cent increase year-over-year, driven by strong demand, particularly in utility vehicles (UVs),...

Classic Legends appoints Sharad Agarwal as their Chief Business Officer

Classic Legends appoints Sharad Agarwal as their Chief Business Officer

Published : 7, Nov 2024

He will oversee sales, network expansion, and service, bringing a unified focus to the entire commercial framework at the firm

Siemens unveils Solid Edge 2025 and Solid Edge X

Siemens unveils Solid Edge 2025 and Solid Edge X

Published : 6, Nov 2024

New Solid Edge X brings Solid Edge to the cloud; new service delivers simplified IT admin, personalised experiences, collaboration, secure and trusted data management and AI-powered...

BorgWarner expands transfer case supply with a major North American OEM

BorgWarner expands transfer case supply with a major North American OEM

Published : 4, Nov 2024

BorgWarner will supply two types of transfer cases: the active Electro-Mechanical On-Demand 2-Speed (EMOD) and the part-time Electric Shift-on-the-Fly 2-Speed (ESOF).

Mahindra's Farm Equipment Sector achieves 3 per cent growth in domestic tractor sales

Mahindra's Farm Equipment Sector achieves 3 per cent growth in domestic tractor sales

Published : 4, Nov 2024

Total tractor sales (Domestic + Exports) during September 2024 were at 44,256 units, as against 43210 units for the same period last year.