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JK Tyre net profit for FY 2016 up at Rs 464 Cr

Indian Tyre giant JK Tyre & Industries witnessed consolidated net profit for the financial year ending March 2016, increasing by 41 percent to Rs 464 crore.  The tyre maker recorded consolidated turnover of Rs 7654 crore during the same period. On a standalone basis, JK Tyre’s turnover stood at Rs …

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Nitin Prasad new chairman for Shell India

Nitin Prasad, Country Head Shell Lubricants will assume charge as new chairman of Shell India effective October 1, 2016. Prasad is succeeding Dr Yasmine Hilton, currently Chairman, Shell Companies in India and VP IT Project Excellence, Royal Dutch Shell. Hilton retires from Shell on September 30, 2016, after a career …

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Yamaha India drives in next gen Scooter Cygnus Ray-ZR

India Yamaha Motor has launched the new Cygnus Ray-ZR scooter, which will be available for customers from May 2016. The all new Cygnus Ray-ZR was unveiled during this year’s Delhi Auto Expo held in February. Japanese two wheeler giant Yamaha has designed the Cygnus Ray-ZR based on the concept of …

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Yamaha India drives in smart street bike ‘Saluto RX’

India Yamaha Motor, a subsidiary of Japanese motorbike giant Yamaha, has launched its latest entry level smart street bike – ‘Saluto RX’. Pitched as an affordable vehicle, the company has fixed a price tag of Rs 46,400 (ex-showroom Delhi) for the Saluto RX. The company claimed 82 kmpl mileage under …

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Bosch eyes € 1 bn motorcycle tech biz by 2021

Global automotive component and technology giant Bosch is in the process of cashing in on booming motorcycle market with its latest technologies. Bosch has a variety of two-wheeler technologies from motorcycle ABS to connected vehicle solutions. Bosch said it wants to achieve sales of € 1 billion in motorcycle technology …

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Tata Motors March 2016 global sales up 11%

Tata Motors  global wholesales including Jaguar Land Rover in March 2016 surged year-on-year by 11 percent to 118,750 units. The cumulative sales of Tata Motors for the current fiscal stood at 10, 66,254 units, up 8 percent over the same period in the previous fiscal. Wholesales of all commercial vehicles …

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Shell India announces diesel sale at market price

Shell India, a wholly-owned subsidiary of international oil giant Shell, started offering Shell Diesel at market price nationally. The announcement from Shell India on selling diesel at market price comes on the back of the diesel price deregulation. The customers can avail the Shell Diesel with Fuel Economy formula at market price …

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Harley-Davidson India to kick-start ‘Passport-to-Freedom’ programme

In a view to put more riders on the road to personal freedom by helping build confidence among the motorcycle enthusiasts, Harley-Davidson India will kick-start Passport-to-Freedom’ programme. Harley-Davidson Passport to Freedom programme has been designed to encourage confident riding while also introducing riders to certain simple techniques that makes them …

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