Ashok Leyland

Ashok Leyland goals to the touch a million college students by 2030 with ‘Street to Faculty’ mission

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Ashok Leyland’s Street to Faculty (RTS) programme has received businessline’s Changemaker award within the Chairperson’s Award class, which has been launched this yr. The agency’s initiative was first conceived to handle poor studying final result in authorities main faculties within the distant districts of Tamil Nadu. Beginning with 36 faculties in Krishnagiri district, the RTS … Read more

Ashok Leyland eyes single-digit development in FY25 in MHCV

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Business car maker Ashok Leyland is anticipating single-digit development in FY25 in its Medium and Heavy Business Automobiles (MHCV). The corporate has additionally seen an uptick in enquiries for electrical vans from Quick-Transferring Client Items (FMCG) and e-commerce gamers within the nation. “The business car business grew by eight per cent within the first quarter. … Read more

Maruti, Hyundai, Tata home gross sales decline in July on yearly foundation

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The home passenger car (PV) wholesale (dispatches to sellers) in July noticed main firms together with Maruti Suzuki India (MSIL), Hyundai Motor India (HMIL) and Tata Motors reporting damaging gross sales as in comparison with the identical month final 12 months. Market chief MSIL’s home gross sales declined by round 10 per cent year-on-year to … Read more

Ashok Leyland to launch automobile scrappage facility & digital platform for outdated automobiles

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Ashok Leyland is making ready to launch its first-ever automobile scrappage facility beneath a franchise mannequin. The corporate has finalised an settlement with Registered Automobile Scrapping Facility (RVSF). “This locations AL in a strategic place on our highway to circularity and decreasing our environmental footprint,” mentioned the corporate’s annual report for FY24. The Hinduja flagship … Read more

IPL 2024: JioCinema Ropes in 18 Sponsors & 250 Advertisers

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For the upcoming 2024 season of the Indian Premier League, JioCinema has roped in 18 sponsors and 250 advertisers. JioCinema is the digital streaming associate for the upcoming season.  Fantasy sports activities platform, Dream11 is the copresenting sponsor, whereas Tata Motors, PayZapp by HDFC Financial institution, SBI, Cred, AMFI, Upstox, Charged by Thumbs Up, Britannia, … Read more

Hinduja Tech secures $50-million funding from PE Fund Creador

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Hinduja Tech Restricted (HT), a mobility-focused international engineering R&D companies firm and a subsidiary of Ashok Leyland, has secured a $50 million funding from Creador, a PE agency targeted on long-term investments in growth-oriented companies in India and Southeast Asia. HT on Thursday introduced that it signed a definitive settlement for Creador to speculate the … Read more

Medium, heavy CV phase may even see a muted demand in March quarter

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The medium and heavy truck trade will probably expertise a subdued demand within the subsequent three months whilst it could finish the present fiscal with a single-digit development. The Indian industrial car (CV) trade registered a decline of two per cent in retail gross sales volumes year-on-year (y-o-y) foundation and a sequential drop of 5 per … Read more