Archive for July, 2021

Exciting new Mahindra vehicles

Exciting new Mahindra vehicles

Reporting FY2020-21 Q4 consolidated revenue of Rs.21,456 crore, up 32 per cent, and a consolidated Q4 PAT before EI at Rs.1,834 crore, up 170 per cent, Mahindra & Mahindra Ltd. (M&M) will introduce 23  new Mahindra in the passenger and commercial vehicle markets, along with 37 tractor types by 2026. Reporting a generation of operating cash of Rs.10,022 crore in[Read More…]

by July 15, 2021 INDUSTRY TALK
Stronger Bharat Forge

Stronger Bharat Forge

Reporting a consolidated net profit of Rs.212.12 crore for the last quarter of FY2020-21 against a net loss of Rs.68.59 crore in the year prior to this, Bharat Forge, an automotive, defense, and aerospace components supplier are confident of strong growth on the basis of an encouraging rebound in export markets. Said to expect robust demand in major export segments[Read More…]

by July 15, 2021 INDUSTRY TALK

PMPML looks at sustainable transport solutions

Planning to convert 233 of its diesel-run mid-sized buses to CNG, the Pune Mahanagar Parivahan Mahamandal Limited (PMPML) is looking at sustainable transport solutions in the face of high and continuously rising fuel prices. Operating 233 diesel midi-buses, 327 standard diesel buses, 815 CNG buses, and another 806 buses through contractors, the organization is claimed to have chalked out a[Read More…]

by July 15, 2021 News

Spark Minda signs JV with INFAC Elecs

Spark Minda Group company, Minda Corporation Limited, has signed a Joint Venture (JV) agreement with Korea-based INFAC Elecs Co. Ltd. to manufacture modern automotive antennas used to power features like remote keyless entry and V2V & V2X communication. To offer multiple antenna products such as rod antenna, micro pole antenna, shark fin antenna, LF antenna, and more, the JV will[Read More…]

by July 15, 2021 News