Kinetic Engineering Limited, a prominent name in India’s automotive components sector, has announced the elevation of Ajinkya Firodia to Vice Chairman and Managing Director. The leadership transition, effective immediately, is set to drive the company’s long-term strategic vision, reinforce its operational excellence, and bolster its global market footprint. This pivotal appointment marks a defining moment […]
Lumax Auto Technologies Limited, a major player in the Indian automotive components sector, reported remarkable financial results for the second quarter (Q2) and first half (H1) of FY25, showcasing the highest-ever single-quarter revenue figures. Lumax’s strategic business moves, including the planned acquisition of Greenfuel Energy Solutions Private Limited, underpin this robust performance. In Q2FY25, the […]
Mahindra & Mahindra Ltd. (M&M), one of India’s leading automotive giants, announced on November 1st, 2024, a historic milestone for the company, with its total vehicle sales reaching an unprecedented figure of 96,648 units in October 2024. This includes 54,504 utility vehicles sold in the domestic market, marking a remarkable 25% year-on-year growth in the […]
Tata Motors Limited reported a stagnant growth rate for its vehicle sales in October 2024, marking an overall flat trend compared to the same month in the previous year. The company recorded total sales of 82,682 vehicles, a slight decrease from the 82,954 units sold in October 2023, reflecting challenging conditions across domestic and international […]
Tech Mahindra, a global leader in technology and digital services, has made headlines with a 153% year-over-year surge in profit after tax (PAT), hitting Rs 1,250 crore in the latest quarterly earnings ending September 2024. Riding on strategic deal wins and increased operational efficiencies, the company also declared an interim dividend of Rs 15 per […]
The Securities and Exchange Board of India (SEBI) chief Madhabi Puri Buch and her husband Dhaval Buch have responded to the Congress Party’s accusations of corruption and conflict of interest, claiming that the allegations are “false, malicious, and motivated.” They allege that their income tax returns were illegally obtained and used to construct a misleading […]
Tech Mahindra Limited (NSE: TECHM), a global leader in technology consulting and digital transformation, has announced a strategic collaboration with Google Cloud to enhance generative AI (gen AI) adoption within Mahindra & Mahindra Limited (M&M), one of India’s largest industrial conglomerates. This partnership is set to play a pivotal role in accelerating digital transformation across […]
Lumax Auto Technologies Ltd., a prominent player in the automotive components industry, has announced its unaudited financial results for the first quarter of the fiscal year 2025, ending June 30, 2024. The company reported impressive growth across key financial metrics, highlighting a robust performance despite the broader economic context. Impressive Revenue and Profit Growth Lumax […]
Autoline Industries Limited, a prominent player in the auto components manufacturing sector, has announced its unaudited financial results for Q1 FY25, ending 30th June 2024. The company is gearing up for a significant boost in FY25, driven by new strategic initiatives and robust operational enhancements. Strong revenue and margin outlook Looking ahead, Autoline Industries anticipates […]
Mahindra & Mahindra Ltd. (M&M Ltd.), a frontrunner in India’s automotive industry, has announced a notable 13% increase in overall auto sales for April 2024, with a total of 70,471 vehicles sold, including exports. The surge in sales is particularly pronounced in the Utility Vehicles segment, where Mahindra reported selling 41,008 vehicles in the domestic […]
