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Escorts Q4 FY 2016-17 reports profit of Rs 59 crore

Escorts Q4 FY 2016-17 reports profit of Rs 59 crore

autherAutocar Professional Bureau     calendar29 May 2017

Tractor maker Escorts has reported net profit of Rs 59.1 crore during Q4 of FY 2016-17 as against Rs 18.1 crore in the corresponding period of the previous year.

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China’s BYD among OEMs betting on future electric mobility in India
China’s BYD among OEMs betting on future electric mobility in India

By Nilesh Wadhwa, Mayank Dhingra calendar29 May 2017

The project will bring different electric vehicle – e-buses, e-cabs, e-rickshaws and e-autos together on a single plat...

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BMW India adds to benefits from GST
BMW India adds to benefits from GST

By Autocar Pro News Desk calendar29 May 2017

BMW has announced benefits of up to 12 percent on ex-showroom prices of its select vehicles.

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Indian Oil records profit of Rs 19,106 crore for FY 2016-17
Indian Oil records profit of Rs 19,106 crore for FY 2016-17

By Autocar Pro News Desk calendar26 May 2017

The country’s leading OMC reported its highest ever profit of Rs 19,106 crore for the FY 2016-17 a jump of 70 percent ...

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India’s longest river bridge opens, improves connectivity between Assam and Arunachal Pradesh
India’s longest river bridge opens, improves connectivity between Assam and Arunachal Pradesh

By Autocar Pro News Desk calendar26 May 2017

The bridge, which reduces the distance from Rupai on NH-37 in Assam to Meka/Roing on NH-52 in Arunachal Pradesh by 165...

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Freudenberg Group to invest Rs 111 crore in sealing solutions plant in Chennai
Freudenberg Group to invest Rs 111 crore in sealing solutions plant in Chennai

autherAutocar Professional Bureau calendar25 May 2017

The plant, located in the Vallam-Vadagal Industrial Park, will produce innovative sealing solutions for the automotive...

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European Commission investigates Slovakian aid for JLR plant
European Commission investigates Slovakian aid for JLR plant

By James Attwood,Autocar UK calendar25 May 2017

The European Commission has launched an investigation into plans by Slovakia to grant €125 million (£108m) to Jaguar L...

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Minda Corporation’ Q4 FY2017 net profit up 27.7 percent
Minda Corporation’ Q4 FY2017 net profit up 27.7 percent

By Autocar Pro News Desk calendar25 May 2017

Gurgaon-based component maker has reported revenues of Rs 296 crore for FY 2016-17, a year-on-year increase of 21.1 pe...

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Exclusive: Bharat Forge plans new product lines for EVs by 2020
Exclusive: Bharat Forge plans new product lines for EVs by 2020

By Amit Panday calendar25 May 2017

Bharat Forge, the largest exporter of automotive components from India, aims to capitalise on the business opportunity...

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Mahindra Electric's aggressive growth plans revealed
Mahindra Electric's aggressive growth plans revealed

By Sumantra B Barooah calendar24 May 2017

Buoyed by "a real serious thrust" from the government in promoting electric mobility, Mahindra & Mahindra ups its stak...

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POLL OF THE MONTH

Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

64.93%

No

 

35.07%

Total Votes : 921