Post Tagged with: "Ashok Leyland"

Ashok Leyland joins hand with IDBI Bank to provide Channel Finance facilities

Ashok Leyland joins hand with IDBI Bank to provide Channel Finance facilities

Hinduja Group-owned Ashok Leyland, a leading commercial vehicle manufacturer, signed a Memorandum of Understanding (MoU), with IDBI Bank Ltd. to enter into a strategic channel financing partnership for its dealers. The company eyes to offer customized financial solutions to the customers with the help of this partnership. Commenting on the partnership, Gopal Mahadevan, Chief Finance Officer, Ashok Leyland, said, “With[Read More…]

by June 22, 2023 News
Ashok Leyland partners Aidrivers to make autonomous truck for port operations

Ashok Leyland partners Aidrivers to make autonomous truck for port operations

Ashok Leyland, the commercial vehicle maker subsidiary of Hinduja Group and Aidrivers, an AI-enabled autonomous solutions provider across industrial mobility have announced a partnership to produce autonomous electric terminal trucks. The two are said to be collectively addressing the Net Zero emissions needs of the port industry through this partnership while combining their specialist knowledge and experience. This unique truck[Read More…]

by June 15, 2023 News, Uncategorized
Ashok Leyland registers Record Q4 & Full Year Revenue

Ashok Leyland registers Record Q4 & Full Year Revenue

Ashok Leyland Limited of the Hinduja Group, reported a revenue of Rs. 11626 Cr in Q4 FY ’23 compared to Rs. 8,744 Cr for the same period last year; Revenue grew by 33 per cent year on year. Operating PBT for the quarter was at Rs. 1068 Cr vis-a-vis Rs. 528 Cr for the same period last year. PAT was[Read More…]

by May 24, 2023 News
Ashok Leyland launches e-Marketplace for used commercial vehicles

Ashok Leyland launches e-Marketplace for used commercial vehicles

Ashok Leyland has launched its e-marketplace ‘Re-AL’, for used commercial vehicles. The marketplace will aid customers in exchanging used vehicles and upgrading them to new Ashok Leyland trucks and buses. By leveraging this digital platform, Ashok Leyland hopes to increase transparency in the otherwise disorganised used vehicle ecosystem. The e-marketplace will offer customers with a range of features to easily[Read More…]

by April 13, 2023 News