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Exide Industries reports 5.9% profit growth in Q1FY25

autherShahkar Abidi     calendar30 Jul 2024

The company attributes its growth to increased volumes across business verticals. Despite rising raw material costs, Exide claims to have improved its gross margin by 240 basis points.

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Kartikeya Dube Appointed as Nominee Director at Castrol India

autherShahkar Abidi calendar30 Jul 2024

Prior to joining bp in 2003, Dube worked at Arthur Andersen and Ernst & Young, advising multinational companies on fin...

Castrol India reports 3.11% profit increase in Q2 2024, opens new tech center

autherShahkar Abidi calendar30 Jul 2024

During the reported quarter, a technology centre was inaugurated by Castrol India at its Patalganga plant that, it is ...

Force Motors reports sharp rise in net profit and revenue in Q1

By Shahkar Abidi calendar30 Jul 2024

Force Motors reported a net profit of Rs 115.73 crore in Q1FY25 as against Rs 68.59 crore in Q1FY24. The company's rev...

Bosch not ready to write off ICE yet

By Mayank Dhingra calendar30 Jul 2024

Bosch will depend on its software muscle in India to ride the SDV and EV transformations, but the German auto componen...

Jawa Yezdi dealers to get business guidance from auto retail consultant

autherAutocar Pro News Desk calendar30 Jul 2024

The program includes business management techniques, integration of digital and offline customer experiences, financia...

Bajaj Finance to offer special financing schemes to buyers of Daimler CVs

autherAutocar Pro News Desk calendar30 Jul 2024

The partnership intends to offer finance solutions with quicker loan approvals, streamlined credit processes, and cust...

e-Bus sales to surge 80% this FY, says CRISIL

autherAutocar Pro News Desk calendar30 Jul 2024

This substantial increase, albeit from a small base, is primarily attributed to the deployment of e-buses through vari...

Yamaha to use recycled steel for motorcycle packaging frames

autherAutocar Pro News Desk calendar30 Jul 2024

Compared to conventional materials made from iron ore and coke that are smelted in a blast furnace, recycled steel she...

Ola Electric's reliance on Chinese components increases despite overall import reduction

By Shahkar Abidi and Amit Vijay M calendar29 Jul 2024

Ola has been able to reduce its imports from 37% to. 29%, but the share of China in its imports has gone up