Scooter sales of the firm grew 56% to 95,525 units in February 2021 as against 60,633 units a year ago
2,000 sq ft marquee showroom to host range of two-wheelers, provide spare parts and feature a service facility; TVS to launch new 2021 TVS Apache RR 310 super-premium bike for racers
Family agreement in December spelled shareholding on families that run the $8.5 billion group.
Altizon Inc specialises in industrial internet of things for manufacturing units, deal will help drive digital transformation at TVS
Robust 56% spike in two-wheeler exports despite shortage of containers
TVS Motor Company on Thursday reported a 84.7 per cent increase in consolidated net profit at Rs 289.69 crore for the third quarter ended December, riding on the back of higher sales
On the outlook, he said, the company will invest around Rs 500 crore in Fiscal 2022 in product development, technology, marketing, international expansion among others
InterGlobe Aviation reported a net loss of Rs 620 crore in the third quarter of pandemic-struck 2020-21 financial year
During the nine-month period, focused working capital management and improved operating performance helped the Company generate free cash flow of Rs 1,616 crore
The company will open the facility following a multi-million pound investment by Norton's Indian parent firm
In the past three months, stock of the two-wheeler company outperformed the market by surging 28 per cent, after it reported healthy operational performance in the July-September quarter of FY21
Many are testing hybrid models to ensure safety and hygiene; seat-booking module introduced in some companies
The increase came on back of last year's low base
Motorcycle sales grew by 27%, recording 119,051 sold units in December 2020 as against 93,697 units in December 2019
SMEV data shows that two-wheeler EV sales between April and December stood at around 80,000 units - 3,000 units in Q1 (April-June), rising to 35,000 units in Q2 and 42,000 in Q3
May outperform Hero MotoCorp on higher export demand
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In 2016, TVS started production of BMW bikes and since then the company has produced 79,088 units, of which 73,183 units were exported and 5,905 units were sold in India
Senior family members declined to comment on the matter since deliberations on the steps to be taken to implement this arrangement is going to start
Brand of $8.5-billion business allotted to each family group on a perpetual, royalty-free basis.