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TATA Motor’s consolidated net revenue Q1 FY18 Rs.58,651 crores, consolidated PAT Rs.3,200 crores

Consolidated Financial Results for the Quarter ended June 30, 2017 – As per Ind-AS For the quarter ended June 30, 2017, Tata Motors reported consolidated revenues (net of excise) of Rs.58,651 crores

Business

KUKA invests in the Augsburg site

KUKA is investing in its home location Augsburg. In the coming years, the automation specialist will invest more than 100 million euro in the expansion and modernization of its headquarters

Business

Ashok Leyland Bags Order for 3019 Buses From KSRTC

Ashok Leyland, flagship of the Hinduja Group, today confirmed that it bagged an order from KSRTC for 3019 buses. This order, one of the largest from a State Transport Undertaking

Business

Technology award for wave piston design that lowers fuel consumption

The Volvo Group’s new truck engines are more fuel efficient as a result of their intelligent piston design. Waves have been added to the piston crown to improve the use

Business Joint Venture

Audi and Johannes Kepler University of Linz to establish center for artificial intelligence

Cooperation with Prof. Sepp Hochreiter’s Institute of Bioinformatics The “Audi.JKU deep learning center” will focus on self-learning functions in connection with cars Michael Schmid, Head of the Audi Academy: “We

Acquisition Business

Continental announces smart partnership with MOL

iTire: Continental delivers TractorMaster with integrated tire sensor for MOL terminal tractors ContiPressureCheck data integrated in MOL tractor dashboard Hanover/Amsterdam, June, 27th 2017. Continental Commercial Specialty Tires (CST) and the

Business

Hero sales over 6 lakhs unit in May, commence manufacturing operation in Bangladesh

Riding on sustained popular demand for its range of motorcycles and scooters, Hero MotoCorp Ltd., the world’s largest two-wheeler manufacturer today, reported yet another month of six-lakh plus unit sales. The Company

Business

Piramal Finance Invests Rs 565 Crore In Two Auto Component Companies

Piramal Enterprises Limited through its subsidiary Piramal Finance Limited has financed RSB Group to the extent of Rs. 275 crore and Indoshell Mould Limited to the extent of Rs. 290 crore. The

Business Expansion

Sonalika ITL world’s no. 1 integrated tractor plant at Hoshiarpur

A successful story of Make in India initiative Sonalika ITL puts India on the global map World No 1 technically advanced integrated tractor plant, capacity – 3 lakh tractors with

Acquisition Business

Tata Technologies Acquires Swedish Engineering and Design Firm Escenda Engineering AB

Tata Technologies, the global engineering services company, today announced that it has entered into a definitive agreement to acquire Escenda Engineering AB. The acquisition helps Tata Technologies accelerate its plans