Ashok Leyland, flagship of the Hinduja Group, inaugurated their 6th state-of-the-art service workshop in Riyadh , Saudi Arabia on Wednesday,18th February 2015. Vinod K. Dasari, Managing Director, Ashok Leyland, and their channel partner Western Auto, handed over 150 buses to customers. Speaking on the occasion, Dasari, said, “Middle East is a very important area of focus for us. Saudi Arabia,[Read More…]
Text : T Murrali Vehicles, irrespective of the segments they operate in, are developing and progressing day by day due to many factors that include performance improvements, safety, emission regulations and increased comfort and convenience. Vehicle manufacturers achieve this largely by the increasing use of electronics. While this phenomenon creates immense potential for the electronics, semiconductor and software industries, there[Read More…]
Ashok Leyland Ltd, flagship of the Hinduja Group, has raised Rs 667 crores via a Qualified Institutions Placement (QIP). The capital raising comes on the back of a strong operating margin performance in Q4 – reflecting cost reduction and margin improvement measures, as well as the expectation of a turnaround in the domestic CV market. The QIP, launched on 26th[Read More…]
The Government of Sri Lanka has placed an order for 2,200 buses with Ashok Leyland. This is the one of the largest purchase by the Sri Lankan Transport Board (SLTB), as the Government aims to modernise its existing fleet and significantly improve the country’s public transport network. Ashok Leyland will supply these 2200 buses within the next six months. With[Read More…]
