IndiaCatalog.com
India News
Search Web Directory
Ashok Leyland Limited Related news
Analyst Corner: Retain ‘buy’ on Ashok Leyland, target price Rs 135
Posted on 17th November 2018
The EBITDA margin at 10.6% for Q2FY19 missed our/consensus estimates by 60 bps on lower realizations and higher commodity costs. The bigger surprise was resignation of Vinod Dasari with effect from March 31, 2019. Dheeraj Hinduja will take over as the executive Chairman till the Board finds a suitable replacement.We expect FY20 earnings to benefit from a confluence of factors (higher volumes, lower discounts, higher operating leverage) on BS6 pre-buy.

Ashok Leyland MD-CEO Vinod K Dasari resigns, to stay on till March 2019
Posted on 14th November 2018
Ashok Leyland managing director (MD) and CEO Vinod K Dasari resigned from his post on Tuesday. He tendered his resignation at the board meeting held to announce the audited results of the company, a Hinduja Group flagship, for the second quarter.

The board of directors in-principle accepted his resignation. But he was asked to continue till March-end 2019 for finding a successor as well as smooth transition.


Ashok Leyland gears up for Electric Vehicle onslaught, lines up four products for rollout in 2019
Posted on 13th November 2018
Ashok Leyland, a Hinduja Group flagship, is betting big on the electric vehicle (EV) front. The company is gearing up to launch at least four EV products in 2019, including a bus, a light commercial vehicle (LCV), a last-mile connectivity product and a medium vehicle.

The company also hinted at its entry into the ‘shared transit’ model on global lines with an electric disruptive vehicle which will be for both urban and rural markets.


Ashok Leyland posts 17% increase in October sales at 15,149 units
Posted on 1st November 2018
Commercial vehicle major Ashok Leyland registered a 17 per cent increase in auto sales in October, with total sales of Light Commercial Vehicle (LCV) and Medium and Commercial Vehicle (M&HCV) at 15,149 units.

M&HCV sales rose 7 per cent to 9,797 units as compared to 9,140 units, a year ago.


Ashok Leyland ups shareholding in Optare to 99.08% to help arm slash debt burden
Posted on 26th October 2018
UK-based bus maker Optare has said its parent company Hinduja flagship Ashok Leyland (ALL) has increased its shareholding in Optare to 99.08% from 98.31% during 2017-2018 to convert Optare’s debt to equity, resulting in significantly lower levels of debt. John Fickling, the non-executive chairman of Optare, in the company’s latest annual report, revealed that Optare will have continued integration with ALL to deliver export opportunities and material savings.

Ashok Leyland reports 21% jump in M&HCV sales at 14,232 units in September
Posted on 1st October 2018
Ashok Leyland has reported a 21 per cent jump in M&HCV sales during the month of September 2018 at 14,232 units as against 11,805 units, during the same month last year.

Company's Light Commercial Vehicle (LCVs) sales rose by 44 per cent, 5141 units from 3,566 units, a year ago.


Ashok Leyland to merge virtual and physical testing
Posted on 8th September 2018
This week the global 3D software company Dassault Systèmes announced, at its 3DExperience forum in Bengaluru, that Ashok Leyland, India’s second largest commercial vehicle manufacturer, has expanded its use of the 3DExperience platform by adopting the Global Validation, Proven Performance (GVPP) industry solution experience.

Ashok Leyland bags order to supply Tracked Combat Vehicle to armed forces
Posted on 25th August 2018
Ashok Leyland has bagged an order to supply Tracked Vehicles for the Indian armed forces. The tender is meant for developmental work and marks Ashok Leyland's foray into tracked vehicle business.

As per the scope of the work, the company will collaborate with Combat Vehicles Research and Development Establishment (CVRDE)


Ashok Leyland bags order to supply Tracked Combat Vehicle to armed forces
Posted on 24th August 2018
Ashok Leyland has bagged an order to supply Tracked Vehicle space for the Indian armed forces. The tender is meant for developmental work and marks Ashok Leyland's foray into tracked vehicle business.

As per the scope of the work, the company will collaborate with Combat Vehicles Research and Development Establishment (CVRDE), Chennai for the manufacturing, assembly and testing of lightweight clutch for the design and development of weight optimised 1500hp Automatic Transmission for Main Battle Tanks.


ASHOK LEYLAND BAGS ORDER FOR 300 BUSES FROM BANGLADESH
Posted on 18th August 2018
Hinduja flagship firm Ashok Leyland on Friday said it had bagged an order from Bangladesh Road Transport Corporation (BRTC) for supply of 300 buses.

The order is for double decker buses which have been procured against a tender under Indian Line of Credit, the company said in a statement.


» Post a FREE Classified Advertisement
Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.
Jobs in India India Real Estate Automobiles Matrimonials Beauty & Fitness

Most Read News

Sensex, Nifty end higher for 2nd session on strong fund inflow, firm rupee

Vodafone Idea to report a sizeable loss in September quarter, say analysts

Markets post third straight weekly gain; YES Bank stock declines 7%

Coal India share sale to employees receives a lukewarm response

GVK Power gets approval to raise Rs 8,000 crore for debt repayment

More India News

  India Web Directory
Business Profiles
Automotive Directory
IT/ITES/BPO Directory
Hotel Directory
Health Directory
Business Directory
Gems & Jewellery
Education Directory
Real Estate Directory
Agriculture Directory
Logistics Directory
Yellow Pages
NRI Guide
Photo Galleries
Global Web Directory
*** FREE India Classifieds
Order Premium Listings
Submit a Site
Business Reviews
Home
About us
Link to us
Advertise
Contact us
Google Search Keywords: India Catalog, IndiaCatalog, India Web Directory
    © 1999 - 2018 IndiaCatalog.com
    All Rights Reserved
Privacy Statement