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Kinetic Engineering reports Rs 94 lakh in net profit during Q3FY24 

Kinetic Engineering reports Rs 94 lakh in net profit during Q3FY24 

autherAutocar Professional Bureau     calendar13 Feb 2024

The company's operating revenue during Q3 FY24 stood at Rs 34.30 crore.

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3ev Industries secures Rs 96 crore in Series A funding from Mahanagar Gas 
3ev Industries secures Rs 96 crore in Series A funding from Mahanagar Gas 

autherAutocar Professional Bureau calendar13 Feb 2024

The investment will be used by the company to ramp up production capacity to meet increasing customer demand, support ...

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Road safety expert sounds alarm over delayed HSRP rollout in Maharashtra, Chhattisgarh
Road safety expert sounds alarm over delayed HSRP rollout in Maharashtra, Chhattisgarh

By Shahkar Abidi and Amit Vijay M calendar13 Feb 2024

In spite of being mandated by the Supreme Court, the amended Rule 50 of the Central Motor Vehicles Rules (CMVR), and n...

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Ascend Capital raises Rs 50 crore in Series A led by Infoedge, Asha Ventures
Ascend Capital raises Rs 50 crore in Series A led by Infoedge, Asha Ventures

autherAutocar Professional Bureau calendar13 Feb 2024

Ascend Capital plans to expand its book across multiple geographies further and reach an AUM of Rs 300 crore over the ...

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Eicher Motors’ Q3 profit up 34% YoY on robust margins, profit from VECV
Eicher Motors’ Q3 profit up 34% YoY on robust margins, profit from VECV

By Kiran Murali and Shahkar Abidi calendar13 Feb 2024

The automaker saw its operating profit margin improve to 26.1% from 23.9%, while accounted Rs 114 crore as a share of ...

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Rapido launches subscription fee model for auto taxi drivers
Rapido launches subscription fee model for auto taxi drivers

By Kiran Murali calendar13 Feb 2024

The ride-hailing company will replace the commission-per-ride model for three-wheeler drivers by charging a daily acce...

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Toyota says President, Chairman of Daihatsu unit to step down: Report
Toyota says President, Chairman of Daihatsu unit to step down: Report

autherAutocar Professional Bureau calendar13 Feb 2024

Daihatsu's chairman, Sunao Matsubayashi, will also step down and will not be replaced, Toyota added.

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Revenue growth in auto component industry to moderate to 5-7% in FY2025: ICRA
Revenue growth in auto component industry to moderate to 5-7% in FY2025: ICRA

autherAutocar Professional Bureau calendar13 Feb 2024

Component makers to invest upto Rs 25,000 crore towards capacity expansion and technological developments in FY2025 sa...

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Naveen Patnaik launches affordable bus services in 5 additional districts of Odisha: PTI 
Naveen Patnaik launches affordable bus services in 5 additional districts of Odisha: PTI 

autherAutocar Professional Bureau calendar13 Feb 2024

The LAccMi bus service connecting one village with another will strengthen social connect as well as the economy of th...

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Tata Elxsi unveils new global design and engineering centre in Pune
Tata Elxsi unveils new global design and engineering centre in Pune

autherAutocar Professional Bureau calendar13 Feb 2024

The new centre is specifically tailored to cater to the technology and digital transformation priorities of key automo...

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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

 

63.96%

No

 

36.04%

Total Votes : 727