News

TVS Chairman bags the Deming Prize

TVS Chairman bags the Deming Prize

Venu Srinivasan, Chairman of TVS Group has been conferred with the 2019 Deming Prize for his contribution towards Total Quality Management. With it, he becomes the first Indian industrialist to receive the award for ‘Distinguished Service Award For Dissemination and Promotion Overseas’.“I am truly honoured by the recognition conferred upon me by the prestigious Deming committee and JUSE. This stands[Read More…]

by January 6, 2020 News
Cummins BSVI mobile training fleet

Cummins BSVI mobile training fleet

Cummins India launched its first fleet of eight BSVI mobile training vans in India to educate and offer training to OEM dealerships and authorised workshops on the technology of BSVI engines. Having set out to multiple cities across the country starting from November 06, 2019, in phase one, the fleet will travel across major cities like Pune, Mumbai, Delhi, Ahmedabad,[Read More…]

by January 6, 2020 News
Valeo unites with Santrupthi Sanco to launch Electrical Shoppe

Valeo unites with Santrupthi Sanco to launch Electrical Shoppe

Valeo and Santrupthi Sanco has launched ‘Valeo Electrical Shoppe’ in Bengaluru. An exclusive service facility for “High-end Auto Electrical Components”, the shoppe will service auto electrical parts and deliver them to the customers who own vehicles with Valeo components. Addressing evolving customer preference, the shoppe houses high-end testing machines that can test all parameters, detect minor faults and generate a[Read More…]

by December 23, 2019 News
Mahindra announces top management succession plans

Mahindra announces top management succession plans

Press Release  Over the next fifteen months, a number of key leaders at Mahindra & Mahindra Ltd. will be retiring. In light of that, and in pursuance of the highest standards of corporate governance, over the past one year the Governance, Nomination & Remuneration Committee (GNRC) of the Board has completed a structured and rigorous review of top management succession, which has now been ratified by[Read More…]

by December 20, 2019 News
Fuji Electric targets Rs 1500 cr turnover in India by 2023

Fuji Electric targets Rs 1500 cr turnover in India by 2023

Fuji Electric Co., Ltd.,  a 915 billion Yen, energy and power electronics global major headquartered in Tokyo, Japan, announced its India 2.0 plan to expand its business operations in India, recently. The FE India 2.0 plan envisages the revenues from the India market to reach Rs 1,500 crore by 2023 supporting the global objective of Fuji Electric’s Reiwa Prosperity 2023[Read More…]

by November 22, 2019 News
BharatBenz inaugurates new dealership in Nepal

BharatBenz inaugurates new dealership in Nepal

Daimler Trucks Regional Center Southern Asia and Omni Motors recently inaugurated its new 3S state-of-the-art dealership facility for its commercial vehicle brand BharatBenz in Itahari, Eastern Nepal. The opening of this new dealership facility, which is owned and run by Omni Motors, is an illustration of BharatBenz’s trucks growing demand and acceptance in the market. The new Itahari dealership is[Read More…]

by November 12, 2019 News
TVS SRICHAKRA showcases EUROGRIP off-highway range at AGRITECHNICA

TVS SRICHAKRA showcases EUROGRIP off-highway range at AGRITECHNICA

TVS SRICHAKRA, one of India’s largest manufacturers and exporters of two and three-wheeler tyres and off-highway tyres is showcasing their TVS Eurogrip Off-Highway product range at AGRITECHNICA 2019. The range includes tyres for construction, industrial and agricultural use including farm implements. The show is being held from November 10-16, in Hannover, Germany. AGRITECHNICA is the world’s leading trade fair for[Read More…]

by November 12, 2019 News
DICV wins award for Outstanding Contribution to Indo-German Economic Relations

DICV wins award for Outstanding Contribution to Indo-German Economic Relations

Daimler India Commercial Vehicles (DICV), a 100% Daimler AG-owned entity operating under the umbrella of Daimler Trucks Asia, has been awarded for their ‘Outstanding Contribution to Indo- German Economic Relations’ by the Indo-German Chamber of  Commerce after increasing their exports to Germany by almost 400% from 2017 to 2018. The award was presented by Christian Hirte, the Parliamentary State Secretary[Read More…]

by November 12, 2019 News, Uncategorized

SFL’s Q2 net profit down to Rs 71.07 cr

Sundram Fasteners Limited (SFL), part of the $8.5 billion TVS group, recently announced its Q2 results for FY 2020. The net profit of SFL (standalone) for the Quarter ended 30th September 2019 was at Rs 71.07 crore, as against Rs 110.66 crore during the same period in the previous year. Revenue from the operations of Sundram Fasteners Limited for the[Read More…]

by November 11, 2019 News

Ashok Leyland inducts Saugata Gupta and Vipin Sondhi to its Board of Directors

The Board of Directors of Ashok Leyland, at the board meeting recently, decided to induct Saugata Gupta as Independent Director and Vipin Sondhi as Director to its Board of Directors. Saugata is a very well accomplished corporate leader and is currently the Managing Director & Chief Executive Officer of Marico Limited. He is credited with transforming Marico into a high[Read More…]

by November 11, 2019 News