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PMI inks MoU with REC for Rs 480 crore

autherAutocar Professional Bureau     calendar24 Jul 2023

As part of the MoU, PMI will have the ability to avail Rs 480 Crores of financial assistance in the form of debt from REC Limited for funding requirements.

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Ashok Leyland embarks on 'Dream Drive' to mark 75th Anniversary Celebrations News
Ashok Leyland embarks on 'Dream Drive' to mark 75th Anniversary Celebrations

autherAutocar Professional Bureau calendar24 Jul 2023

Starting from Bengaluru, Mumbai, Leh, Kolkata, and Dibrugarh, the drive will travel through key locations around the c...

With a fund raise on a slow track, Ashok Leyland to fund Switch Mobility's growth plans News
With a fund raise on a slow track, Ashok Leyland to fund Switch Mobility's growth plans

By Shahkar Abidi and Ketan Thakkar calendar21 Jul 2023

Dheeraj Hinduja, Executive Chairman, Ashok Leyland, said during a post-result conference call with the media, that the...

­­Ashok Leyland sees export growth rebounding by year-end, but geopolitics a wild card News
­­Ashok Leyland sees export growth rebounding by year-end, but geopolitics a wild card

autherAutocar Professional Bureau calendar21 Jul 2023

The CV maker is currently in discussion with governments in a few African countries, hoping to capture long term oppor...

Ashok Leyland Q1 standalone profit jumps over 7 times at Rs 576 crore News
Ashok Leyland Q1 standalone profit jumps over 7 times at Rs 576 crore

autherAutocar Professional Bureau calendar21 Jul 2023

The company's standalone revenue for the quarter also rose to Rs 8,189 crore as against Rs 7,223 crore in Q1 FY23.

Mass adoption for commercial EVs beyond metros – how the ecosystem approach will help Opinion Blogs
Mass adoption for commercial EVs beyond metros – how the ecosystem approach will help

By Vani Rikhy Mehra, Euler Motors calendar21 Jul 2023

​​​​​​​With growing electrification of transportation systems, India is in the fast lane when it comes to switching to...

Rajaram K joins JCB India as Senior Vice President News
Rajaram K joins JCB India as Senior Vice President

By Ketan Thakkar calendar20 Jul 2023

After spending over a decade and half at Bharat Benz, he will now steer JCB, the construction equipment major’s India ...

Daimler will always be few steps ahead of regulations, especially on safety: Satyakam Arya News
Daimler will always be few steps ahead of regulations, especially on safety: Satyakam Arya

By Shahkar Abidi and Ketan Thakkar calendar20 Jul 2023

The company has started supplying trucks with increased safety from the lowest point of the windscreen to the roof of ...

Bharat Benz- Reliance Industries showcase hydrogen-run intercity concept luxury bus at G20 in Goa News
Bharat Benz- Reliance Industries showcase hydrogen-run intercity concept luxury bus at G20 in Goa

autherAutocar Professional Bureau calendar19 Jul 2023

Nitin Seth, CEO, New Mobility at Reliance Industries revealed in a social media post that the bus will go extensive tr...

JBM Auto to launch more electric buses in Western Ghats News
JBM Auto to launch more electric buses in Western Ghats

autherAutocar Professional Bureau calendar19 Jul 2023

The company commanded a 100 percent market share in the tarmac electric buses segment FY 2022-23.