Mahindra & Mahindra also known as M&M is well recognized for its flagship vehicles like the Bolero, Thar, and XUV series. While the company has faced stiff competition from companies like Maruti Suzuki, Hyundai, and Tata Motors, things seem to be changing gradually. The automaker has recently announced the launch of its new vehicle, the […]
MRF Q1 Results: Net profit rises 12-fold YoY to Rs 166 crore MRF Limited reported a 1,130% YoY jump in consolidated net profit to Rs 165.58 crore for the quarter ended June (Q1 FY22). However, net profit has declined by 50.15% when compared to the previous quarter. Its revenue from operations rose 70% YoY to […]
The quarterly results of Tata Motors for Q1FY22 are out. The results aren’t that impressive, yet still better than the previous quarter. The company stares at a shortage of chips necessary to make cars. In addition, the COVID-19 imposed lockdowns have hugely impacted sales volume. The company’s cash cow, Jaguar-Land Rover’s (JLR) financial and operational […]
Countries around the world are making a conscious effort to transition from polluting combustible fuel-powered vehicles to electric vehicles (EVs) or those that run on various green fuels. India has also announced plans to de-carbonise within the next 30 years. Our country’s target of achieving 175 gigawatts (GW) of renewable energy capacity by 2022 has […]
On February 15, Jaguar Land Rover (JLR) announced a highly strategic plan that could accelerate the struggling carmaker’s revival. With the support of its parent company, Tata Motors, JLR would now focus on the production of electric cars. Governments and stakeholders around the world have welcomed this decision with open arms. Let us understand how […]
1. U.S. Yields Slip From One-Year High; Stocks Drop Treasury yields retreated from their highest in a year on Wednesday, while European stocks edged lower as investors assessed a busy day for earnings. The Stoxx 600 Index slipped amid a mixed bag of corporate results. S&P 500 futures were flat, while the yield on benchmark […]
Tesla has launched some of the best electric cars in the world. It has created a worldwide revolution and has made EVs more pupular. Most of us car enthusiasts are patiently waiting for Tesla to make a grand entry into India. However, India has a long way to go until this becomes a reality. Find out why.
Hitachi ABB Power Grids has signed a Memorandum of Understanding (MoU) with Ashok Leyland and Indian Institute of Technology, Madras (IITM) for an e-mobility pilot project. The stock price of ABB Power Grids has surged over 34% in 3 days. The stock price of Ashok Leyland also moved up 7% in the previous 3 trading […]