Archive for March, 2024

15Th Apollo CV Awards: The Winners Broke The Mould

15Th Apollo CV Awards: The Winners Broke The Mould

The triumphs of India’s commercial vehicle industry were celebrated at the prestigious 15th Apollo CV Awards 2024. Ashish Bhatia writes why the Mahindra Bolero MaXX Pik-Up HD and the Force Urbania, crowned ‘CV Of The Year’, epitomise a commitment to transformation and profitability tailored for India’s unique demands. The much-awaited milestone 15th Apollo CV Awards 2024 had the bigwigs of[Read More…]

by March 31, 2024 Conference, Cover Stories
(L-R) Pradeep Kumar Thimmaiyan, President and CTO, Daimler India Commercial Vehicles, Satyakam Arya – Managing Director and CEO and Sreeram Venkateswaran, President and Chief Business Officer (domestic sales and customer service)

DICV Achieves Highest Sales in CY23, Expects MY24 BharatBenz Trucks to Fuel Growth in 2024

Daimler India Commercial Vehicles (DICV), the wholly-owned subsidiary of Daimler Truck AG (“Daimler Truck”) announced that in CY2023 it has achieved record sales and revenue performance. The company’s CY2023 domestic truck and bus sales grew by 39% and revenue grew by 21% over 2022. DICV’s bus volumes doubled in CY2023, growing 107% over 2022. Its cumulative sales (including domestic and[Read More…]

by March 26, 2024 News

Lower LNG prices trigger surge in Asian spot market purchases

Price-sensitive liquefied natural gas buyers from China, India, and parts of Southeast Asia are snapping up more spot shipments of the fuel to power industries and generate electricity after prices have fallen to the lowest level in nearly three years. The price-led demand revival could push LNG imports by the world’s top buyer China beyond its record volume of 78.8[Read More…]

by March 26, 2024 Uncategorized

ONGC plans to drill two wells in Bihar

  To bring Bihar on India’s oil map, Oil and Natural Gas Corp (ONGC) is planning to explore oil and gas in the land-locked state. ONGC plans to drill two wells in the state, of which the first is scheduled this year itself. If successful, this could bring Bihar not only on India’s oil map but also pave the way[Read More…]

by March 26, 2024 Uncategorized