Ather Energy’s IPO exposes staggering Rs 1,000 crore loss – is the electric scooter manufacturer in trouble?

Ather Energy’s IPO exposes staggering Rs 1,000 crore loss – is the electric scooter manufacturer in trouble?

Ather Energy, one of India’s leading electric scooter manufacturers, has filed for an Initial Public Offering (IPO) to raise Rs 3,100 crore. While this news has generated excitement among investors, the company’s financial health reveals a troubling picture. In the fiscal year 2023-24 (FY24), Ather Energy reported losses that surged to Rs 1,059.7 crore, up […]

Hero MotoCorp achieves stellar performance with record sales in FY’24

Hero MotoCorp achieves stellar performance with record sales in FY’24

In an impressive showcase of resilience and innovation, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has once again demonstrated its industry-leading stature by concluding the fiscal year 2023-24 with outstanding sales figures and a host of strategic advancements. The company, renowned for its extensive range of motorcycles and scooters, solidified its leadership […]