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  • Can the Ambassador get another makeover? Aug 02, 2021 11:27 AM IST

    Can the Ambassador get another makeover?

    Since speed was never a virtue of the Ambassador, maybe an electric version of it could be considered. That would be quite appropriate actually, allowing the erstwhile King of Indian roads to wash away its many sins of the past when it merrily polluted the skies with its exhaust

  • Ambassador brand now gets a new owner in Peugeot Feb 11, 2017 11:20 AM IST

    Ambassador brand now gets a new owner in Peugeot

    The iconic brand Ambassador, which used to be a symbol of the high and mighty in power corridors, has changed hands, with Hindustan Motors selling it to European auto major Peugeot for Rs 80 crore.

  • Exceptional gain powers Hindustan Motors to Q1 profit Aug 04, 2011 03:15 PM IST

    Exceptional gain powers Hindustan Motors to Q1 profit

    Hindustan Motors, maker of the iconic Ambassador car, reported a net profit of Rs 17.20 crore in the first quarter, compared with a Rs 19.73 crore loss a year ago, boosted by one-time gain from profit on sale of immovable properties and investments.

  • Orient Papers to demerge and list cement business Jul 27, 2011 04:42 PM IST

    Orient Papers to demerge and list cement business

    In an interview with CNBC-TV18, CK Birla, Chairman, Orient Papers said, the net sales have gone up from Rs 441 crore last year to Rs 533 crore this year in the first quarter. He further said, the company will demerge its cement business. “We will list cement business after all necessary approvals by April-May 2012.”

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