Ashok Leyland Ltd. has reported its highest-ever Q1 FY25 commercial vehicle volume, leading to record revenue, EBITDA margins, and profit before tax. Q1 industry volumes were at levels comparable to the previous peak of Q1 FY19. ALL’s Q1 performance has exceeded all expectations, delivering excellent results through focused market performance and cost management,” said Executive Chairman Dheeraj Hinduja. Hinduja expressed[Read More…]
Ashok Leyland, a commercial vehicle manufacturer in India, has kicked off its ‘M&HCV Expo’ series in Bengaluru. This initiative, starting today, aims to showcase the company’s latest Medium and Heavy Commercial Vehicles (M&HCV) across major cities in India. The first expo in Bengaluru will be followed by events in Delhi, Mumbai, Hyderabad, Kolkata, and other cities over the coming months.[Read More…]
Suzuki Motorcycle India has donated 40 customised V-Strom SX 250 motorcycles to the Gurgaon Police as part of its CSR initiative to enhance road and rider safety. The handover event was inaugurated by Vikas Arora, Commissioner of Police, Gurugram, and Kenichi Umeda, MD of Suzuki Motorcycle India. These police-specific V-Strom SX 250 bikes come with several modifications, including a custom[Read More…]
Moving Tech, the innovative company behind India’s community-led mobility apps such as Namma Yatri and Yatri Sathi, has successfully raised USD 11 million (INR 92 Cr) in a pre-Series A funding round. This round was spearheaded by Blume Ventures and Antler, with notable participation from Google and other investors. The newly acquired funds will be directed towards empowering drivers and[Read More…]
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