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Ashok Leyland to invest Rs 300 crore in EV arm OHM, transfer existing e-MaaS contracts

Ashok Leyland to invest Rs 300 crore in EV arm OHM, transfer existing e-MaaS contracts

autherAutocar Professional Bureau     calendar14 Aug 2023

With this move, OHM becomes a 100% subsidiary of the company. 

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Amara Raja Batteries report 45.55% jump in net profit in 1QFY24
Amara Raja Batteries report 45.55% jump in net profit in 1QFY24

autherAutocar Professional Bureau calendar14 Aug 2023

Consolidated revenue from operations was at Rs 2,795.51 crore against Rs 2,620.53 crore in the year-ago period.

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Maharashtra government keen to clear path for Hyundai's Rs 5,000 crore investment in GM's Talegaon plant
Maharashtra government keen to clear path for Hyundai's Rs 5,000 crore investment in GM's Talegaon plant

By Amit Vijay M calendar14 Aug 2023

The Maharashtra government's two key ministers, Labour Minister Suresh Khade and Industries Minister Uday Samant confi...

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Jio-bp adds 1,000+ charging stations in India during FY23, plans multi-fold expansion in FY24
Jio-bp adds 1,000+ charging stations in India during FY23, plans multi-fold expansion in FY24

By Shahkar Abidi calendar14 Aug 2023

In its most recent annual report, the corporation stated that it anticipates growing its network multi-fold again in t...

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Timken India's Jamshedpur plant to shut down for a week as demand slumps
Timken India's Jamshedpur plant to shut down for a week as demand slumps

By Shahkar Abidi calendar14 Aug 2023

The facility will remain shut between August 25 and September 3 on account of slackness in demand.

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Bharat Forge lines up capex of Rs 1,000 crore for 2.5 years, defence to hold 10% of revenue by FY24
Bharat Forge lines up capex of Rs 1,000 crore for 2.5 years, defence to hold 10% of revenue by FY24

By Shruti Mishra calendar14 Aug 2023

We are undertaking a large expansion now in various areas within our Indian business, said Amit Kalyani.

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TSMC, Bosch, Infineon and NXP plan JV for advanced semiconductor manufacturing in Europe
TSMC, Bosch, Infineon and NXP plan JV for advanced semiconductor manufacturing in Europe

autherAutocar Professional Bureau calendar14 Aug 2023

European Semiconductor Manufacturing Company will build a 300mm fabrication plant in Dresden, Germany to support the f...

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MAHLE to premiere bionic battery cooling plate at IAA Mobility 2023
MAHLE to premiere bionic battery cooling plate at IAA Mobility 2023

autherAutocar Professional Bureau calendar14 Aug 2023

Bionic structure of the cooling channels significantly improves thermodynamic performance and structural-mechanical pr...

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Antolin supplies lightweight foamed door panel for new Renault Espace
Antolin supplies lightweight foamed door panel for new Renault Espace

autherAutocar Professional Bureau calendar14 Aug 2023

Chemical foaming technology is a sustainable alternative in terms of weight, recyclability, ductility, and carbon foo...

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Magna expands lighting division in Mexico after multiple orders from OEMs
Magna expands lighting division in Mexico after multiple orders from OEMs

autherAutocar Professional Bureau calendar14 Aug 2023

Magna lighting division growth due to multiple new business awards; company investing $17 million for approximately 16...

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POLL OF THE MONTH

Will Legacy Players Be Able to Squeeze Out Startups from India's Electric 2-Wheeler Market?

Will Legacy Players Be Able to Squeeze Out Startups from India's Electric 2-Wheeler Market?

Yes

 

42.12%

No

 

57.88%

Total Votes : 330