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tvs

Affordable models take Bajaj, TVS closer to Ola Electric in e2W market

In July, their combined share surges past Ola's

Affordable models take Bajaj, TVS closer to Ola Electric in e2W market
Updated On : 13 Jul 2024 | 11:23 AM IST

After launch of Bajaj Freedom 125, TVS may roll out its own CNG bike

The CNG fuel option in the commuter segment offers a reduced fuel bill for the consumer

After launch of Bajaj Freedom 125, TVS may roll out its own CNG bike
Updated On : 10 Jul 2024 | 11:52 PM IST

TVS Supply Chain Solutions signs deal with Daimler Truck South East Asia

TVS Supply Chain Solutions has secured a strategic deal with truck manufacturer Daimler Truck South East Asia to streamline its supply chain operations in the region. Daimler Truck South East Asia Pte Ltd is a company of German truck maker Daimler Truck AG. "...announced a new 5-year strategic contract with Daimler Truck South East Asia Pte Ltd, a Daimler Truck AG company, for integrated supply chain solutions service in Singapore." city-headquartered TVS Supply Chain Solutions said in a statement. The company said the deal would streamline supply chain operations for the distributor network, dealer and workshops of Daimler Truck South East Asia in 16 countries located in the Asia-Pacific region from its strategic logistics centre in Singapore. TVS Supply Chain Solutions Global Forwarding Solutions CEO Vittorio Favati said, "The scope and prestige of this partnership reflect the trust placed in TVS SCS to manage critical supply chain operations." The collaboration between the two

TVS Supply Chain Solutions signs deal with Daimler Truck South East Asia
Updated On : 11 Jun 2024 | 7:28 PM IST

TVS Supply Chain Solutions reports net profit at Rs 5.4 crore in Q4

The company posted a 4.5 per cent year-on-year increase in revenue from operations to Rs 2,426 crore during the quarter ended March 31, 2024, as against Rs 2,321 crore in the same period last year

TVS Supply Chain Solutions reports net profit at Rs 5.4 crore in Q4
Updated On : 28 May 2024 | 4:48 PM IST

Focus on creativity, with games, movies, music, sensors and IP, says Sony

Japanese electronics and entertainment company Sony says it's focusing on creativity in movies, animation and video games, rather than old-fashioned gadgetry. Its chief executive, Kenichiro Yoshida, outlined the company's strategy on Thursday, saying Sony was helping creative professionals deliver what he called kando, or a moving experience. Yoshida did not speak about reports Tokyo-based Sony and Apollo Global Management are interested in buying Paramount Global. Yoshida said the company is now emphasising the creative process itself instead of prized products of the past like the Walkman portable music player and Trinitron colour TVs. He said synergies are no longer between entertainment and electronics, but determined by intellectual property spanning animation, music, games and films. We will continue to support people's creativity through our technology, he said in an online briefing. Sony is adapting to tougher times, with rivals making cheaper but competitive electronics.

Focus on creativity, with games, movies, music, sensors and IP, says Sony
Updated On : 23 May 2024 | 11:34 AM IST

TVS Holdings to acquire 80.74% in Home Credit India for Rs 554 cr

2 companies will need approval from the Competition Commission and Supreme Court for deal

TVS Holdings to acquire 80.74% in Home Credit India for Rs 554 cr
Updated On : 10 May 2024 | 5:29 PM IST

TVS Holdings to buy 80.7% stake in Home Credit India worth Rs 554.06 cr

TVS Holdings Ltd on Friday said it will acquire 80.74 per cent stake in Home Credit India Finance Pvt Ltd for an aggregate consideration Rs 554.06 crore. The Board of Directors at its meeting held on Friday approved the acquisition of 88,09,45,401 equity shares of Home Credit India Finance Pvt Ltd (HCIFPL), amounting to 80.74 per cent stake, from Home Credit India BV, an entity based in the Netherlands and Home Credit International AS, a Czech Republic-based entity, TVS Holdings said in a regulatory filing. The aggregate consideration for the acquisition is Rs 554.06 crore, it added. Home Credit India Finance is engaged in the business of providing unsecured loans and is one of the leading players in the consumer financing market and the personal loans segment, the filing said. It had clocked a turnover of Rs 1,720 crore in 2022-2023. This acquisition aligns with the strategy of TVS Holdings Ltd to expand in the consumer finance sector, further strengthening its portfolio, the com

TVS Holdings to buy 80.7% stake in Home Credit India worth Rs 554.06 cr
Updated On : 10 May 2024 | 2:48 PM IST

TVS SCS announces supplying 500,000 two-wheeler CKD kits to TVS Motor

Work completed in modern warehouse in Hosur to ensure defect-free dispatches, says supply chain company

TVS SCS announces supplying 500,000 two-wheeler CKD kits to TVS Motor
Updated On : 11 Apr 2024 | 6:57 PM IST

TVS Holdings to raise up to Rs 650 crore through NCDs next fiscal

Auto component firm TVS Holdings on Thursday said its board has approved a proposal to raise up to Rs 650 crore next fiscal through non-convertible debentures. The company's board also declared an interim dividend of Rs 94 per share of Rs 5 each, absorbing a sum of Rs 190 crore in the current fiscal. TVS Holdings, formerly known as Sundaram Clayton, is one of the largest auto components manufacturing and distribution groups in the country. It is a leading supplier of aluminium die castings to the automotive and non-automotive sector. Shares of the company on Thursday ended 2 per cent up at Rs 8,098 apiece on the BSE.

TVS Holdings to raise up to Rs 650 crore through NCDs next fiscal
Updated On : 21 Mar 2024 | 7:20 PM IST

Ather Energy all set to expand its presence in the family scooter segment

The size of the family scooter market is around 4.5-5 million units. We marked our presence in the segment through Ather 450 and now the ambition is to be a strong complete player, said an official

Ather Energy all set to expand its presence in the family scooter segment
Updated On : 19 Mar 2024 | 12:42 AM IST

MSMEs need to be future ready, foster development, says CII president

CII conference highlights MSMEs' future readiness and role in eastern region's development

MSMEs need to be future ready, foster development, says CII president
Updated On : 09 Mar 2024 | 7:09 PM IST

TVS Supply Chain Solutions expands warehousing footprint in India

The warehousing solutions are equipped with cutting-edge technology systems and top-of-the-line material handling equipments

TVS Supply Chain Solutions expands warehousing footprint in India
Updated On : 07 Mar 2024 | 6:10 PM IST

TVS Supply Chain Solutions inaugurates warehousing facility in TN's Hosur

TVS Supply Chain Solutions Ltd on Thursday inaugurated an ultra-modern multi-client warehousing facility in Hosur, Tamil Nadu, as part of its expansion in the domestic market. The new warehouse offers value-added solutions like automation and data analytics to improve client productivity, the company said. The latest warehouse facility will provide more than 1,200 jobs, of which 300 will be women employees in various roles like kitting and binning, among others, it said. With the addition of this 6.50 lakh square feet of space, the company's total warehousing capacity has increased to 21.85 million sq ft from 21.2 million sq ft of space, TVS Supply Chain Solutions said. Globally, TVS Supply Chain Solutions operates around 300 strategically located warehouses across five continents, covering over 27 million sq ft of warehousing space. "We have strategically positioned our global parts distribution centre in this new facility, which will serve as a hub for our global market," K N ..

TVS Supply Chain Solutions inaugurates warehousing facility in TN's Hosur
Updated On : 07 Mar 2024 | 4:16 PM IST

TVS SCS Q3 results: Company posts consolidated net profit of Rs 10 crore

The company's revenue from operations was also down by 6.4 per cent during the quarter under review to Rs 2,221.8 crore, compared to Rs 2,373.4 crore during the Q3 of FY23

TVS SCS Q3 results: Company posts consolidated net profit of Rs 10 crore
Updated On : 05 Feb 2024 | 9:59 PM IST

Incumbents strike back: How will electric 2W game play out for Ola, others?

There is indeed a lot of the race left. Electric, for all the hype, is just about 15 per cent of the scooter market. So, what is on the cards?

Incumbents strike back: How will electric 2W game play out for Ola, others?
Updated On : 30 Jan 2024 | 10:55 PM IST

TVS Industrial and Logistical Parks, Goa-IPB to set up warehousing park

TVS Industrial and Logistical parks has signed a memorandum of understanding with the Goa Investment Promotion and Facilitation Board for the development of a logistics and warehousing park in Goa. The strategic commitment involves an investment of Rs 125 crore, marking TVS ILP fostering industrial growth in Goa, a company statement issued here on Tuesday said. The state-of-the-art facility, to come up at the Verna Industrial Estate in Goa, would be spread across 15-20 acres and generate direct employment of 250 and indirectly 1,000 in the region, the statement said. TVS ILP CEO Ramnath Subramaniam exchanged documents with Goa-Investment Promotion and Facilitation Board CEO Swetika Sachan at the Invest Goa 2024 Summit recently. "Our partnership with Goa-IPB is a significant milestone for TVS ILP. The central government has been making investments in Goa's infrastructure, making it an attractive business destination. This MoU will help put Goa on the map for many businesses that ..

TVS Industrial and Logistical Parks, Goa-IPB to set up warehousing park
Updated On : 30 Jan 2024 | 4:22 PM IST

Festive cheer drives up TVS, Bajaj sales: Two-wheeler boom, export boost

Bajaj Auto reported that the domestic two-wheeler segment witnessed a 26 per cent growth, with sales climbing to 158,370 units in December 2023 from 125,553 units in December 2022

Festive cheer drives up TVS, Bajaj sales: Two-wheeler boom, export boost
Updated On : 01 Jan 2024 | 10:13 PM IST

Ola Electric's Rs 5,500 cr IPO to bolster its EV market, say experts

There are two discernible trends in the competitive electric two-wheeler market

Ola Electric's Rs 5,500 cr IPO to bolster its EV market, say experts
Updated On : 24 Dec 2023 | 10:36 PM IST

TVS ILP announces strategic partnership with Lingotto via stake sale

TVS ILP has been the first corporate developer leading the path in Grade-A warehousing since its inception in 2005 with facilities across India

TVS ILP announces strategic partnership with Lingotto via stake sale
Updated On : 07 Nov 2023 | 5:37 PM IST

TVS Supply Chain Solutions posts loss of Rs 22 cr in Q2; revenue down 16%

The company's revenue from operations during the quarter under review was seen at Rs 2,262.9 crore, down 16 per cent compared to Rs 2,680.8 crore during the same period in 2022-23

TVS Supply Chain Solutions posts loss of Rs 22 cr in Q2; revenue down 16%
Updated On : 07 Nov 2023 | 10:55 AM IST