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Tube Investments Q4 net profit up 74% at Rs 312 crore

Tube Investments Q4 net profit up 74% at Rs 312 crore

autherAutocar Professional Bureau     calendar15 May 2023

The company posted Rs 220.72 crore in the same period a year ago. Tube Investments is engaged in the business of manufacturing precision steel tubes, steel strips, car door frames, automotive and industrial chains, and bicycles. 

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Ashok Leyland CIO foresees AI tools like GPT revolutionising the auto sector News
Ashok Leyland CIO foresees AI tools like GPT revolutionising the auto sector

By Shahkar Abidi calendar15 May 2023

It's not just Ashok Leyland; almost every major CV manufacturer, including the likes of Tata Motors, Volvo Eicher Comm...

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Alstom India awards Rs 1.5 crore grant to 10 EV start-ups News
Alstom India awards Rs 1.5 crore grant to 10 EV start-ups

autherAutocar Professional Bureau calendar15 May 2023

The selected startups will be able to use the grant funds to develop and deploy their solutions.

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Apollo Tyres launches servitisation model 'AVOLVE' to provide customised solutions for commercial vehicle fleet operators News
Apollo Tyres launches servitisation model 'AVOLVE' to provide customised solutions for commercial vehicle fleet operators

autherAutocar Professional Bureau calendar15 May 2023

AVOLVE, through its mobility services and solutions, aims to collaborate with fleet operators, helping them overcome c...

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99% of pedestrians are susceptible to injury, as per Bosch's first Pedestrian Accident Study for India News
99% of pedestrians are susceptible to injury, as per Bosch's first Pedestrian Accident Study for India

autherAutocar Professional Bureau calendar15 May 2023

India's 2021 pedestrian fatalities numbered 29,200, which exceeded the combined road fatalities of the entire European...

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Mercedes-AMG to accelerate into an electrifying future Feature
Mercedes-AMG to accelerate into an electrifying future

By Chandan B Mallik and Mayank Dhingra calendar15 May 2023

The luxury carmaker's performance arm aims to deploy F1-inspired P3 hybridisation layout and says it will meet Euro 7 ...

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JLR to limit production of cheaper Jaguar and Land Rover cars News International
JLR to limit production of cheaper Jaguar and Land Rover cars

By Felix Page, Autocar UK calendar15 May 2023

Focus is on more profitable Range Rover and Defender models until chip supply is fully stabilised.

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'Challenges opened up an opportunity to monetise the MG brand,' says Rajeev Chaba, CEO Emeritus, MG Motor India Interview
'Challenges opened up an opportunity to monetise the MG brand,' says Rajeev Chaba, CEO Emeritus, MG Motor India

By Ketan Thakkar calendar13 May 2023

There are plans to divest a majority stake and Indianise the company.

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Tata Motors increases capex by 25% to Rs 38,000 crore in FY24, hopes for market outperformance News
Tata Motors increases capex by 25% to Rs 38,000 crore in FY24, hopes for market outperformance

By Ketan Thakkar, Shahkar Abidi and Shruti Mishra calendar12 May 2023

In FY23, the business recorded an all-time high revenue of Rs 3.46 lakh crore with an EBITDA of Rs 37,000 crore and a ...

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India to get 3 ports for green hydrogen storage by 2030 News
India to get 3 ports for green hydrogen storage by 2030

By Amit Vijay M calendar12 May 2023

The three key hydrogen storage hubs identified are Paradip Port in the east, Deendayal Port in Kandla, and V. O. Chida...

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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

 

100%

No

 

0%

Total Votes : 2