Post Tagged with: "Ashok Leyland"

Switch Mobility unveils strategic priorities and management team to achieve urban e-mobility leadership

Switch Mobility unveils strategic priorities and management team to achieve urban e-mobility leadership

Switch Mobility Ltd. (“Switch” or “the company”), the new electrified commercial vehicles group backed by the Hinduja Group, today announces its formal launch by combining the electric commercial vehicle operations of Ashok Leyland and the former Optare company to secure a leading global position in net zero carbon buses and light commercial vehicles. A new leadership team has been appointed[Read More…]

by July 2, 2021 Corporate, News
Amara Raja commits to environment and sustainability

Amara Raja commits to environment and sustainability

Amara Raja Batteries Ltd. (ARBL) resumed operations at its Nunegundlapalli and Karakambadi plants at Chittoor District, affecting May 08′2021. The development assumes significance as it comes after the Hon’ble High Court of Andhra Pradesh granted an interim suspension of the orders passed by the Andhra Pradesh Pollution Control Board (APPCB). As per the company release, ARBL will continue to focus[Read More…]

by June 4, 2021 News
Steel manufacturers allow states a breather

Steel manufacturers allow states a breather

Steel manufacturers deserve a mention for their sterling efforts to help the ailing healthcare infrastructure in the country meet its oxygen requirements amidst a pan India oxygen emergency crisis in the aftermath of the second wave of Covid-19. For instance, led by Chairman Naveen Jindal, steel manufacturer Jindal Steel and Power Ltd. over the month diverted huge reserves of oxygen[Read More…]

by June 4, 2021 Manufacturers, News
OEMs pass on input price hikes

OEMs pass on input price hikes

Raw material prices including prices of precious metals spiralled northwards. To deal with the rising input costs, Original Equipment Manufacturers (OEM) have had to pass on the price hike on more than one occasion to end consumers. For instance, Tata Motors announced an average price hike of 1.8 per cent on its passenger vehicle range across models and variants effective[Read More…]

by June 4, 2021 News
Sarwant Singh has ‘Switch’ roles

Sarwant Singh has ‘Switch’ roles

In a rare transition seen in the consulting business world, Sarwant Singh Ex-Managing Partner – Middle East, Africa and South Asia at Frost Sullivan has joined the leadership team of Ashok Leyland owned Switch Mobility. He joins the latter as the President and Chief Planning Officer effective May 01’ 2021. In an additional charge, he has taken up the role[Read More…]

by June 4, 2021 News
Frost & Sullivan 2020 Best Practices Virtual Awards

Frost & Sullivan 2020 Best Practices Virtual Awards

    Frost & Sullivan recognized leading organizations across The Gulf Cooperation Council (GCC), India, Asia and North America at its 2020 Best Practices Virtual Awards Ceremony on Dec. 15, 2020. Twenty-seven organizations were recognized for their visionary growth, innovation, leadership, commitment, customer service and successful business strategies required to advance in the global marketplace.     The awards were presented[Read More…]

by December 16, 2020 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
Ashok Leyland Q2 PAT at Rs 39 crore; down by 92%

Ashok Leyland Q2 PAT at Rs 39 crore; down by 92%

Ashok Leyland Limited, Indian flagship of the Hinduja Group, reported a revenue of Rs 3929 crore which was 48% lower than the same period last year (Rs 7621 crore). The Total Industry Volume had come down by 53%. PBT (before exceptional item) for the quarter was at Rs 84 crore (Rs 688 crore) and PAT was at Rs 39 crore[Read More…]

by November 11, 2019 News
Ashok Leylands’ CV game plan

Ashok Leylands’ CV game plan

Ashok Leyland earmarks 20 billion capex for key CV projects to be executed over the next two fiscal years. Bhargav TS and Ashish Bhatia Ashok Leyland has earmarked 20 billion (Rs.2000 crores) as the capex for key CV projects to be executed over the next two fiscal years. Having reported total revenue of Rs.29055 crores with a net profit of[Read More…]

by May 24, 2019 OEM
Megatrends point to recovery in auto industry

Megatrends point to recovery in auto industry

The Automotive World (AW) Megatrends conference, featured a panel discussion participated by eminent speakers from the CV industry. The roster included Ravi Pisharody, President CVBU, Tata Motors, Marc Llistosella, CEO and MD, Daimler India Commercial Vehicles (DICV), A Ramasubramanian, President, AMW Motors and Anders Grundstromer, MD, Scania Commercial Vehicles India (SCVI). While addressing a host of issues, the speakers focused[Read More…]