Autotecnica Colombiana SAS will operate 50 exclusive dealerships exclusive of TVS Motor Company and will create dedicated space for the brand in over 600 retail outlets
Benefits will be restricted to Rs 2 crore per exporter from Sep 1 to Dec 31, and may be discontinued from Jan 1, 2021
Profits of Bharat Forge, Bajaj Auto and Balkrishna Industries will also be hit
Having acquired iconic British brand Norton in April, the Chennai-based company is looking to gain speed in the performance bike market
Ultraviolette recently unveiled India's first high-performance electric motorcycle - the F77 and is now gearing up to launch the motorcycle in the market
The company's total exports stood at 68,347 units this August, as against 69,702 units a year ago
The partners will develop the project through a JV, in which Keppel Land's subsidiary will take 49 per cent stake for Rs 77.2 crore
Govt would look into the auto industry's demand for lowering the tax rate on two-wheelers, said Sitharaman
TVS Motor Company on Monday said it has launched the latest version of TVS Apache RTR 200 4V in Nepal.
TVS Motor, India's third largest two-wheeler maker, is the sole manufacturer of mopeds after Hero and Kinetic exited the sector many years ago
The company has garnered 23% share in the premium category thanks to new launches in the high-end bike segment
The year-on-year decline also narrowed to 4.4% in July from the high double-digit decline in the previous month
The company said it was planning to commercialise some of the intellectual properties (IPs) to be built by start-ups through the company's Singapore subsidiary.
All that happened in the markets today
The revenue on a standalone basis in the period under review declined to Rs 1,434.3 crore from Rs 4,469.8 crore in the year-ago period
Venu Srinivasan expects the market to overcome the supply chain problem during the second quarter of the year
Firm has invested $16.57 mn in enterprises engaged in analytics, AI, augmented reality, machine learning and IoT, seeking to leverage these technologies and improve its efficiency and product quality
Investments were made in the fields of IoT, predictive maintenance and credit underwriting; group's Indonesian arm broke even last year
The firm sees an opportunity with consumers preferring personal transport to public following the Covid-19 outbreak
The company registered total sales of 58,906 units, which is 81 per cent lower than 3,07,106 units sold in the same period last year