FADA has released the retail sales data for March 2021 as follows. Passenger cars & Tractors showed a significant growth compared to year 2020 with a upward growth of 28.39% & 29.21% All other segments have had a major decline of sales.
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Tata Motors and State Bank of India join forces to offer innovative financial solutions to commercial vehicle customers
Tata Motors, India’s largest commercial vehicle manufacturer, has inked a three-year MoU with the State Bank of India (SBI), the country’s leading public sector bank, to offer unique financial assistance for the purchase of Tata Motors’ range of small and light commercial vehicles. In addition to inducing employment, this collaboration will also stir demand for…
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Ashok Leyland takes giant strides to reduce its carbon footprint by 60 %
Ashok Leyland, announced today that it has increased the sourcing of clean energy to 60% for its countrywide operations. Now 75% of its energy consumption in Tamil Nadu and 60% throughout India is procured through the solar rooftop, solar ground mount, and wind-based renewable energy. Hinduja Renewables, part of the Hinduja Group, is focused on…
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Ashok Leyland’s Q3 FY ’21 revenue increases sequentially by 70%
Ashok Leyland, flagship of the Hinduja Group reported a 70% increase in sequential quarter revenues in Q3 FY21. The revenues for the quarter stood at Rs. 4814 crores as against Rs. 2837 crores in Q2 FY’21 and Rs. 4016 crores in same period last year. The Company reported an EBITDA of 5.3% for Q3 FY21…
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Ever seen this? Bengaluru public transport gets upgraded to being cyclist-friendly.
With an aim to give a push to sustainable last-mile connectivity, the Bangalore Metropolitan Transport Corporation (BMTC) is installing bicycle holders in its buses on a trial basis to help those who would like to cycle to their destination after de-boarding. “This concept exists in some countries. We are running a trial, but it should…
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