Motherson Sumi reaffirms revenue target of US$36 billion by 2025

By Shahkar Abidi 24 Feb 2021

Motherson Sumi Systems’ restructuring exercise, which is expected to get complete by August this year, will allow the ...

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Surge in personal mobility drives demand for petrol in January

By Shahkar Abidi 11 Feb 2021

Demand for petrol continued to rise for the fifth straight month in January 2020, rising by 6.3 percent year on year. ...

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Gujarat Gas plans adding 130-150 CNG stations annually

By Shahkar Abidi 10 Feb 2021

According to the company’s top leadership the plan to add 130-150 CNG stations annually is three times of earlier targ...

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Gulf Oil to complete Indra Renewable stake buy in 2-3 months

By Shahkar Abidi 09 Feb 2021

Gulf Oil Lubricants, part of the Hinduja Group, has acquired 7.85 percent stake in Indra Renewable Technologies, a UK-...

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Mahindra to further ramp up new Thar production, steel and semiconductor shortage a worry

By Shahkar Abidi 09 Feb 2021

Despite increasing production by 50%, M&M has been unable to bring down the waiting period to meet the surging demand ...

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Marelli Talbros Chassis Systems wins Rs 92 crore order from European carmaker

By Shahkar Abidi 06 Feb 2021

Supplies for the multi-year contract will begin in Q1 FY2022.

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Spark Minda wins Rs 1,649 crore worth of new business in Q3 FY2021

By Shahkar Abidi 05 Feb 2021

Gurgaon-based component supplier’s connected systems vertical draws biggest share, followed by mechatronics and plasti...

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Land Rover Defender clocks monthly sales of 5,000 units, 14,000 bookings in hand

By Shahkar Abidi 04 Feb 2021

Sales of the Land Rover Defender grew 66 percent to 16,286 units quarter on quarter.

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Shriram Transport’s Q3 profit slips 17 percent on high credit loss

By Shahkar Abidi 02 Feb 2021

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Clean mobility fuel, infra projects get a boost in the Budget

By Shahkar Abidi 01 Feb 2021

Cleaner fuel gets a push in its budget announcement. Demand for M&HCV and buses to rise on account of increased infras...

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