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ACE Reports 82% Jump in Q2 Net Profit on Crane Business Restructuring Gain

ACE Reports 82% Jump in Q2 Net Profit on Crane Business Restructuring Gain

autherAngitha Suresh     calendar12 Nov 2026

Action Construction Equipment's consolidated net profit rose to Rs 164.25 crore in Q2FY27, boosted by a Rs 50 crore exceptional gain from transferring its heavy cranes business to a joint venture with Japan's Kato Works.

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Mahindra & Mahindra October Vehicle Sales Rise 7.3% to 1,26,706 Units News
Mahindra & Mahindra October Vehicle Sales Rise 7.3% to 1,26,706 Units

autherAngitha Suresh calendar12 Nov 2026

Production increases 30.4% year-on-year to 1,23,752 units, while exports climb 77.5% to 7,241 units in October 2026.

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BorgWarner Secures First Order For Aluminium-Wire eMotor From Chinese OEM News
BorgWarner Secures First Order For Aluminium-Wire eMotor From Chinese OEM

autherEshisha Java calendar12 Nov 2026

BorgWarner's aluminium-wire eMotor will power hybrid generator and auxiliary drive applications for a major Chinese OE...

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Ola Electric Q2 Loss Widens To Rs 362 Crore As Revenue Falls 39% News
Ola Electric Q2 Loss Widens To Rs 362 Crore As Revenue Falls 39%

autherEshisha Java calendar12 Nov 2026

Ola Electric's Q2 FY27 revenue declined 39% year on year, while its consolidated net loss stood at Rs 362 crore amid h...

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CNH Breaks Ground On 100-Acre Manufacturing Plant In Uttar Pradesh News
CNH Breaks Ground On 100-Acre Manufacturing Plant In Uttar Pradesh

autherEshisha Java calendar12 Nov 2026

The YEIDA facility will have an annual production capacity of 100,000 tractors at full scale, with the first phase sch...

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At a 30-Year Trough, CNH Bets on India as Western Farm Equipment Slumps News
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At a 30-Year Trough, CNH Bets on India as Western Farm Equipment Slumps

By Shahkar Abidi, Ketan Thakkar and Anurag Chaturvedi calendar12 Nov 2026

CNH is investing to more than double its manufacturing capacity in Uttar Pradesh and shifting global product engineeri...

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Bosch, Tata AutoComp JV Incorporates Puremotion Mobility Private Limited News
Bosch, Tata AutoComp JV Incorporates Puremotion Mobility Private Limited

autherEshisha Java calendar12 Nov 2026

Bosch and Tata AutoComp have incorporated Puremotion Mobility Private Limited, following their March 2026 joint ventur...

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ZF Steering Gear India Begins Aluminium Production In Maharashtra News
ZF Steering Gear India Begins Aluminium Production In Maharashtra

autherEshisha Java calendar12 Nov 2026

DriveSys Systems, a wholly owned subsidiary of ZF Steering Gear (India), has commenced commercial production at its Ma...

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FORVIA HELLA Launches Compact LED Lighting Module for Special Vehicles News
FORVIA HELLA Launches Compact LED Lighting Module for Special Vehicles

autherEshisha Java calendar12 Nov 2026

FORVIA HELLA's new 90 mm Lighting Kit LED platform offers up to 70% lower weight, 45% less installation depth and up t...

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Kia Wins Three Golden Steering Wheel Awards In 2026 News
Kia Wins Three Golden Steering Wheel Awards In 2026

autherEshisha Java calendar12 Nov 2026

Kia’s EV2, K4 Sportswagon and EV5 have won three categories at Germany’s Golden Steering Wheel 2026 awards, making it ...

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POLL OF THE MONTH

What will be the primary battery technology powering mainstream EVs five years from now?

What will be the primary battery technology powering mainstream EVs five years from now?

Lithium-ion

 

45.52%

Sodium-ion

 

19.05%

Solid-state

 

19.81%

None of the Above

 

2.67%

Not Invented Yet

 

12.95%

Total Votes : 525