Michael Gonsalves, asian Page 6

Home » Michael Gonsalves

About the AuthorMichael Gonsalves

Last fiscal, Snapdeals consolidated revenues grew 73 per cent at Rs 925.30 crore from Rs 535.90 crore in FY2018.

Snapdeal bets on non-metro markets

Over 70-80 per cent of Snapdeal's orders are from non-metro markerts like Nagpur, Nashik, Kolhapur, Dhule and Jalgaon.

30 Nov 2019 1:49 AM IST

Chennai-based TVS Motor Co on Wednesday reported 30.63 per cent jump in standalone net profit to Rs 165.61 crore for the March quarter riding on robust sales growth.

TVS Motor drives in new Apache range

The Apache RTR 160 4V (drum) has been launched at Rs 99,950, while the RTR 160 4V (disc) has been priced at Rs 1.03...

27 Nov 2019 2:32 AM IST

Mahindra & Mahindra, Indias biggest utility vehicle maker, on Thursday rolled out a subscription-based service for retail buyers of its personal range of cars to boost sales ahead of festive season and amid worst slowing demand.

M&M drives in Jeeto Plus variant

The Jeeto Plus is powered by a 625cc, single-cylinder diesel engine that produces 16 BHP and 38 Nm.

23 Nov 2019 1:54 AM IST

Nord Drivesystems, the Indian arm of the Getriebebau Nord, the Euro 699 million German global leader in developing and manufacturing drive technology, which opened its third factory in Pune on Thursday is targeting 11 per cent growth to Rs 200 crore in its topline in December 2019 calendar year.

Germany's Nord opens third plant

The company has an installed capacity to produce 42,000 geared motors per annum.

22 Nov 2019 2:19 AM IST

Maruti Suzuki, Indias biggest car maker, on Monday launched its much-awaited new small hatchback, or Mini SUV S-Presso, as the company dubbed it, with the starting price of Rs 3.69 lakh to boost sales in Asias third biggest car market during the festive season and beyond.

New Maruti S-Presso enters top 10

The company said in an exchange filing that it sold 10,634 units of the mini-SUV in October, bagging 8th rank.

21 Nov 2019 1:42 AM IST

CFMoto, the Chinese motorcycle manufacturer, is the latest to enter the lucrative 21.18 million Indian motorcycles market by opening its first showroom in India at Thane, near Mumbai on Wednesday and it introduced four motorcycle models to lure buyers.

Chinese bike maker CFMoto enters India

The Chinese firm has partnered with the Indian Anvita Autotech Works company to form a joint venture to sell the Chinese...

21 Nov 2019 1:34 AM IST

Passenger vehicles sales stood at 2,23,498 units in October 2018.

Festive demand drives up PV retail sales to 11 per cent in October

Two-wheeler sales increased 5 per cent to 13,34,941 units last month as compared with 12,70,261 units in the year-ago...

20 Nov 2019 3:29 AM IST

In the battle between two almost SUVs the Maruti Suzuki S-Presso and the Renault Kwid both vehicles happen to be the winner.

Clash of the almost-SUVs

While there is enough room for average-sized adults in the back of the Kwid, the S-Presso's rear seat can host two...

20 Nov 2019 1:06 AM IST

Iconic Jawa rides in Perak bike at Rs 1.95 lakh

With its mid-range bikes, the Jawa brand primarily competes with the archrival Royal Enfield the segment leader in the...

19 Nov 2019 4:01 AM IST

Priced between Rs 3 lakh and Rs 3.25 lakh on road pan India, the Ultraviolette F77 bike introduced on Wednesday gets a 4.2kWh battery that offers a range between 130-150 km depending on the power riding mode one opts for Eco, Sport and Insane.

Ultraviolette unveils high performance e-bike F77 at Rs 3 lakh

The F77 bike will first be rolled out in Bangalore in October next year and expand to other cities.

15 Nov 2019 2:43 AM IST

Indian auto sectors total sales also declined by 12.76 per cent to 21,76,136 units in October from 24,94,345 units solder during the corresponding month of the previous year.

Ailing auto cos show signs of recovery after festive sales

Sales of commercial vehicles, the barometer of economic activity, were down 23.31 per cent at 66,773 units in October,...

12 Nov 2019 2:48 AM IST

Mahindra & Mahindra, Indias biggest utility vehicle maker, on Thursday rolled out a subscription-based service for retail buyers of its personal range of cars to boost sales ahead of festive season and amid worst slowing demand.

Mahindra and Mahindra Q2 net slips 27 per cent, revenue down 14.5 per...

The tax expense for the quarter stood at Rs 403.4 crore as against Rs 519.4 crore incurred in the previous year.

9 Nov 2019 3:59 AM IST