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Porsche India has announced that 2022 has been its best year in terms of sales in the country. The German manufacturer sold a total of 779 cars and SUVs last year and its EV – the Taycan – accounted for 10% of entire sales. Worldwide sales for Porsche in 2022 were 309,884 units, an increase…

Amara Raja Batteries Limited, India’s leading Industrial and Automotive Battery major (BSE: 500008 & NSE Code: AMARAJABAT), today, reported profit before tax of ₹ 302.57 Crores for Q3 of FY 23 which is a growth of 9% over Q2 of FY23. https://archives.nseindia.com/corporate/AMARAJABAT_25012023190446_Pressrelease_230125.pdf

 Amara Raja Batteries Limited, a manufacturer of industrial and automotive batteries, announced on Wednesday that its board of directors had approved the sale and transfer of its new energy business to its wholly owned subsidiary Amara Raja Advance Cell Technologies Pvt Ltd through a slump sale arrangement on a going-concern basis. According to the business…

HYDERABAD, India, Jan. 25, 2023 /PRNewswire/ — Olectra Greentech Limited (OLECTRA), India’s leading electric mobility company, on a standalone basis, has recorded unaudited revenue of Rs 248.6 crores for the quarter ended December 2022, as against Rs 207.1 crores for the corresponding quarter ended December 2021. Olectra Greentech Limited Bus Olectra Greentech Limited Bus This…

Mahindra has opened the order books for the all-electric XUV400 in India. The carmaker had previously announced prices for its all-electric SUV which is available in two variants – EC and EL. Prices for the electric SUV start at Rs 15.99 lakh and go up to Rs 18.99 lakh (ex-showroom). The prices are introductory and…

 South Korean carmaker Hyundai, recently launched the new Grand i10 Nios in India and the updated Aura sedan. Now, the carmaker is gearing up for its next product update, the Venue. Although the sub-4 metre SUV saw an update last year that included design updates and the inclusion of the N-Line version, the update for…

 Suzuki Motor Corporation announced its Growth Strategy for FY2030. With the motto to deliver “value-packed products” by focusing on the customer, Suzuki will carry out its unique Growth Strategy for FY2030 by operating under the principle of manufacturing “Sho-Sho-Kei-Tan-Bi (Smaller, Fewer, Lighter, Shorter, Beauty)”, “Lean Management” which emphasizes flexibility, agility, and the challenging spirit, and…

  Consolidated Revenue ₹ 88.5KCr, up 22.5%, EBITDA at 11.1% (+ 90 bps), EBIT at 4.4% ( +270 bps) JLR Revenue £ 6.0b, up 28%, EBITDA at 11.9% (-10 bps), EBIT at 3.7% (+230 bps) Tata CV Revenue ₹ 16.9KCr, up 22.5%, EBITDA at 8.4% (+580 bps), EBIT at 5.9% (+650 bps) Tata PV Revenue…