Articles by: CV Admin

Ashok Leyland registers 39 per cent growth; hints at interesting new products

Ashok Leyland registers 39 per cent growth; hints at interesting new products

Registering a 39 per cent increase in turnover at Rs.18,882 crore as against Rs.13,562 crore turnover the year before, Ashok Leyland has hinted at some very interesting products it is looking to introduce later this year. Expecting the positive growth momentum to continue, the company is looking at 15 per cent growth in FY2016-17 according to Vinod K. Dasari, MD,[Read More…]

by August 8, 2016 News

Lohia Auto inks MoU with IndusInd bank

Lohia Auto Industries has inked an Memorandum of Understanding (MoU) with IndusInd bank for financing of its diesel three-wheelers. IndusInd bank will provide hassle-free loan facility at competitive interest rates to its customers. The loan facility will be available in almost every part of the country including Madhya Pradesh, Haryana, Bihar, Jharkand, Chattisgarh, Gujarat, Rajasthan, Odissa, and Andhra Pradesh.

by August 8, 2016 News

Scania’s innovative simulator trains drivers

An innovative simulator for driver training has been installed at the Durgapur Larsen & Toubro (L&T) service centre. The simulator gives the operator a realistic feel of a Scania truck apart from presenting him an opportunity to drive it in different mining scenarios with detailed dashboard, instruments and exceptional features that bring the simulation to life. The package contains intricately[Read More…]

by August 8, 2016 News
‘Lux’ from Ola

‘Lux’ from Ola

Ola has tied up with BMW to forward its premium aggregator cab offering, Ola Lux. Story by: Ashish Bhatia Ola and BMW India have signed a Memorandum of Understanding (MoU). The MoU makes BMW a category partner of Ola for its premium premium ‘Lux’ offering. Ola Lux is currently offered in Delhi, Bangalore and Mumbai. It is made up of luxury[Read More…]

by August 8, 2016 INDUSTRY TALK