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Ashok Leyland Q1 profit rises 2% as revenue jumps 10% to Rs 10,750 croreAshok Leyland reported a 2% rise in consolidated Q1FY27 profit to ₹668 crore, while revenue grew 10% to ₹10,750 crore. Record commercial ve...
Ashok Leyland progressing well in network expansion in North & EastAshok Leyland in the first nine months of the financial year ending December 31, 2023 reported its highest turnover of Rs 27,100 crore, hig...
Ashok Leyland open to external investment for its EV subsidiary"We are very keen on getting external investments also, but we want to make sure that we have the right strategic partner with us. I mean, ...
Keen to get external investment for EV arm Switch Mobility, waiting for right partner: Ashok Leyland MDAshok Leyland's electric vehicle arm, Switch Mobility, seeks external investments cautiously, prioritizing the right strategic partner at t...
Ashok Leyland to invest Rs 1,200 crore in Switch MobilityAshok Leyland has announced that the board has approved an investment of Rs 1,200 crore in its EV arm Switch Mobility for capital expenditu...
Mumbai's 200 e-double decker bus plan faces regulatory issue, Switch Mobility seeks price revision as per deal termsSwitch Mobility is a key player in the private sector for which it is supplying single and double decker buses. “The Market of e-bus with t...
Switch Mobility unveils electric bus platform EiV12The buses will be available in variants based on travel which ranges between 100km to 300km on a single charge. According to company Direct...
Switch Mobility commits £300 million in UK and India, to create 4000 jobsOn Thursday, UK and Indian businesses confirmed more than £1bn in new investments, with Switch confirming its plans to invest £300m across ...
Buy Ashok Leyland, target price Rs 156: Motilal OswalAshok Leyland Ltd., incorporated in the year 1948, is a Large Cap company (having a market cap of Rs 35666.66 Crore) operating in Auto sect...
Ashok Leyland to transfer complete electric vehicles business to new arm Switch MobilityThe new company will be launching an electric van in India by the end of this year and it will be aimed at commercial vehicle fleet operato...
Ashok Leyland to sell small stake in EV arm for up to $300 millionFeelers have gone out to Middle East sovereign wealth funds such as Mubadala Investment Company, Qatar Investment Authority and Saudi Arabi...
Ashok Leyland arm to supply electric double-decker buses in LondonThe order is for 31 Optare Metrodecker EV double-decker buses to be bought by Metroline which will be added to London's fleet by next summe...
Impaired Rs 558 crore in FY16, Nissan JVs uncertain: Ashok LeylandAshok Leyland "impaired" a total of Rs 558 crore in 2015-16 on its investment in partnerships, subsidiaries and associates, including three...
Fifteen stocks in focus in Wednesday morning tradeThe Indian market is expected to trade lower. Here is a list of top fifteen stocks that are likely to be in focus today.
Ashok Leyland takes help of investment bankers to sell off a stake in Albonair GmbH and AviaAshok Leyland's expedition to sell off non-contributing units has been around for a year & slated to be complete before end of Q4 of curren...
Fifteen stocks in focus in Thursday morning tradeIndian markets are expected to trade in a range. Here is a list of fifteen stocks which are likely to be in focus today.
Ashok Leyland to make electric buses in IndiaThe company will consider the plant at Alwar, Rajasthan, or the one in Tiruchirapalli, Tamil Nadu, Dasari added. It has bus manufacturing f...
G P Hinduja launches new-age India-UK bus, MetroDeckerThe blue MetroDecker marks a turnaround in the fortunes of ailing British bus manufacturer Optare, which had been acquired by Ashok Leyland...
Hindujas emerge as the richest Asians in BritainSrichand Hinduja and Gopi Hinduja, Chairman and Co-Chairman of the Hinduja Group, have emerged as the richest Asians in Britain in 2013.
- Ashok Leyland scouting for acquisitions in BRIC countries
Ashok Leyland Limited is scouting for acquisitions in BRIC countries, according to a top official of the company.