In a recent disclosure to Securities and Exchange Board of India ) SEBI, Original Equipment Manufacturer, Ashok Leyland Ltd., informed the board of a State Transport Undertaking order of 2580 buses that the company has bagged. As per the order, Ashok Leyland is contracted to deliver the buses before March 2019. The STU order of 2580 buses were bagged from[Read More…]
Ashok Leyland has announced the resignation of Vinod K. Dasari , Managing Director and Chief Executive Officer (MD & CEO) effective 31 March 2019. After a successful stint of almost 14 years with Ashok Leyland, first as a Chief Operating Officer (COO) and then as CEO and MD, Vinod K. Dasari, has decided to pursue his personal interests and seek new learnings. Respecting his[Read More…]
Flexible tech Q. How is the India electric vehicle story shaping up? A. When electric vehicle movement began, it was about USD 2500 per kWh. Now it is USD 250 per kWh. When it reaches the 120 kWh level, it would be better to have electric vehicles than diesel vehicles. Battery costs are coming down. They are reducing by eight[Read More…]
Ashok Leyland is banking on new, innovative products to augment its market share. Story by: Bhushan Mhapralkar Ashok Leyland is banking on new, innovative products to continue growing. Preparing to launch 30 new products to further augment its performance across light, medium and heavy segments, the Hinduja Group company, claiming to have earned a price premium on over one lakh[Read More…]
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