The TVS Group's family recast deal got final nod from NCLAT, based on which each of the four family groups got ownership of the businesses they were managing, scrapping the holding company format
Any value unlocking in the EV subsidiary could drive further gains
Speth had worked in companies like BMW, Premier Auto Group and Linde among others
The company's operating EBITDA margin stood at 10 per cent during the period under review as against 9.5 per cent during the third quarter ended December 2020
FIIs' favorite names and heavyweights like HDFC twins, ICICI Bank, Infosys, Kotak Bank, and Reliance Industries saw sharp cuts
For the week, the Sensex and the Nifty indices are down 3% each
3i Infotech, BEL, Dixon Tech, Kotak Bank, Karnataka Bank, Larsen & Toubro, Marico, NIIT, Naukri, Suzlon, United Breweries and Vedanta to announce results today.
Early-stage funding in the segment rose almost three times to $74 million in 2021 compared to the previous year
TVS Motor Company registered sales of 250,933 units in December 2021 as against sales of 272,084 units in the month of December 2020.Two-WheelerTotal two-wheelers registered sales of 235,392 units in December 2021 as against sales of 258,239 units in December 2020. Domestic two-wheeler registered sales of 146,763 units in December 2021 as against sales of 176,912 units in December 2020.Motorcycle sales grew by 12% increasing from 119,051 units in December 2020 to 133,700 units in December 2021. Scooter sales of the Company registered 67,553 units in December 2021 as against sales of 77,705 units in December 2020.International BusinessThe Company's total exports grew by 10% increasing from 94,269 units in December 2020 to 103,420 units in the month of December 2021. Two-wheeler exports grew by 9% increasing from 81,327 units in December 2020 to 88,629 units in December 2021.Three-WheelerThree-wheeler of the Company grew by 12% increasing from 13,845 units in December 2020 to 15,541 ...
The 164.9-cc motorcycle generates 19.2 PS power and will be limited to 200 units
The company has integrated the innovative location technology of what3words into its customer app TVS Connect
The first product from this partnership will be showcased in the next 24 months, TVS said
Active Motors will help Indian firm to strengthen business in Nicaragua and Costa Rica, say the two
TVS Motor would invest Rs 1,200 crore in future technologies and electric vehicles over the next four years, the company said on Tuesday
The Compact is the world's largest initiative in its space; it is a voluntary set up based on CEO commitments to implement universal sustainability principles
Srinivasan is credited for the transformation of TVS from a 50cc moped maker in the 1980s to the third largest two-wheeler manufacturer in India
Domestic two-wheeler sales were also lower at 2,58,777 units last month as compared to 3,01,380 units in October 2020
Last week, TVS' board also cleared a proposal to establish a separate subsidiary for the electric vehicle business (the name is yet to be announced)
As per the deal, ARATA International FZC, a subsidiary of Bahwan International Group (BIG), will be the new distributor of TVS in Iraq
The move comes close to the heels of the company tieing up with Tata Power to set up the electric vehicle charging infrastructure (EVCI) across the country