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Mahindra Construction Equipment enters into preferred financier  agreement with Bank of Maharashtra

Mahindra Construction Equipment enters into preferred financier agreement with Bank of Maharashtra

Mahindra’s Construction Equipment Division (MCE), a part of the Mahindra Group, today inked a Memorandum of Understanding (MoU) as a strategic partnership with Bank of Maharashtra to offer tailored financing solutions for its construction equipment division. The MoU was signed by Mr. Jalaj Gupta, Business Head, Commercial Vehicles, Mahindra & Mahindra and Mr. Rajesh Singh, GM, Retail & MSME, Bank[Read More…]

by February 12, 2024 Uncategorized
Escorts Kubota Reports Strong Q3 Performance: Net Profit Surges by 49% to ₹277 Crore, Revenue Sees 3% Growth, Hits ₹2,320 Crore

Escorts Kubota Reports Strong Q3 Performance: Net Profit Surges by 49% to ₹277 Crore, Revenue Sees 3% Growth, Hits ₹2,320 Crore

Shares of Escorts Kubota Ltd ended at ₹2,938.55, up by ₹8.60, or 0.29% on the BSE. Escorts Kubota Ltd, a prominent farm and construction equipment manufacturer, unveiled impressive Q3 results, reporting a substantial 49% YoY surge in net profit to ₹277 crore for the quarter ending December 31, 2023. This remarkable growth, up from ₹186 crore in the corresponding period[Read More…]

by February 8, 2024 FARM EQUIPMENT, Uncategorized

Euler Motors and Magenta Mobility Scale Up Partnership with 2,000 New Orders

Euler Motors, an electric vehicle company and a frontrunner in EV innovation and Magenta Mobility, an integrated electric mobility solutions provider, jointly announced the upscaling of their partnership with a new order of 2,000 HiLoad EVs. The new extended order comes on the back of the successful fulfilment and delivery of 500 HiLoad EVs from Euler Motors to Magenta. This[Read More…]

by February 8, 2024 Uncategorized
KSRTC introduces ‘Ashwamedha’ service between Mysuru, Bengaluru route

KSRTC introduces ‘Ashwamedha’ service between Mysuru, Bengaluru route

Karnataka Chief Minister Siddaramaiah officiated the inauguration ceremony for 100 new “Ashwamedha” buses operated by the Karnataka State Road Transport Corporation (KSRTC) on Monday. These buses are specifically designated to ply the Bengaluru to Mysuru route, aiming to enhance transportation services between the two cities. The inauguration event was held in front of the Vidhana Soudha in Bengaluru, with the[Read More…]

by February 7, 2024 News, Uncategorized