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  • Ideas For Profit | Subros: Proxy play on cars and CV demand recovery Jul 01, 2021 04:40 PM IST

    Ideas For Profit | Subros: Proxy play on cars and CV demand recovery

    The fortunes of Subros are directly linked to the growth of the passenger vehicle industry. Though the first quarter of FY22 is expected to be impacted by the second wave of COVID, the outlook for the remaining fiscal seems encouraging. The company management has indicated that the demand is expected to pick up post-easing of lockdown restrictions in various states. At the current valuation of 17.9 times FY23 projected earnings, the stock looks attractive.

  • JK Tyre crosses 2 crore units' production milestone of trucks, bus radial tyres May 26, 2020 12:41 PM IST

    JK Tyre crosses 2 crore units' production milestone of trucks, bus radial tyres

    Commenting on the feat, JK Tyre Chairman and Managing Director Raghupati Singhania said, “As a pioneer and market leader, we remain committed to driving innovation and bringing products for our fleet customers that are high on efficiency, safety and cost effectiveness”.

  • From loads of rotten vegetables to high entry fee, truckers face hassles; AIMTC warns of disruptions May 10, 2020 08:26 PM IST

    From loads of rotten vegetables to high entry fee, truckers face hassles; AIMTC warns of disruptions

    From fruits and vegetables worth Rs 9 crore in 300 trucks getting rotten to an exorbitant entry fee at some state borders, many truckers are a hassled lot despite guidelines

  • Coronavirus pandemic | Truckers missing in action, transportation costs zoom May 06, 2020 01:01 PM IST

    Coronavirus pandemic | Truckers missing in action, transportation costs zoom

    The virus, economic uncertainty and overlapping guidelines keep truckers away from work.

  • Coronavirus impact | Road transport sector seeks soft loans Apr 16, 2020 05:03 PM IST

    Coronavirus impact | Road transport sector seeks soft loans

    The MHA guidelines issued on April 15 allowed movement of all trucks and other goods and carrier vehicles. An empty truck or vehicle will be allowed to ply after the delivery of goods or for pick-up of goods.

  • Ashok Leyland lines up Rs 1000 crore capex this year, to launch 30 new products Apr 18, 2018 02:59 PM IST

    Ashok Leyland lines up Rs 1000 crore capex this year, to launch 30 new products

    From around 31 network points in the first quarter of last year, Ashok Leyland increased it to 187 by end of the year in northern India

  • Govt plans coal transportation in covered trucks, rail wagons Nov 21, 2017 02:32 PM IST

    Govt plans coal transportation in covered trucks, rail wagons

    Ferrying of coal in uncovered vehicles and rail wagons is said to be one of the key reasons behind high pollution levels along the transportation route from coal mine or importing sea port to user plants like power generation houses.

  • National Green Tribunal asks oil cos for report on 10-year-old diesel trucks Aug 06, 2017 11:20 AM IST

    National Green Tribunal asks oil cos for report on 10-year-old diesel trucks

    The National Green Tribunal has directed three public sector oil companies to submit complete information regarding 10-year-old diesel trucks they use to transport fuel and asked them to produce scrapping certificate to prove that they have dismantled their old vehicles

  • Bharat Forge aims to be debt free; lines up Rs 300 cr capex Feb 08, 2017 05:05 PM IST

    Bharat Forge aims to be debt free; lines up Rs 300 cr capex

    World‘s largest forging company Bharat Forge on Wednesday said that it is expecting accelerated revenue from non-auto segments like defence, railways, aerospace in the coming quarters aimed at becoming net debt free next year.

  • Decision on scrappage policy for trucks likely on February 9 Feb 07, 2017 10:14 PM IST

    Decision on scrappage policy for trucks likely on February 9

    A high level government delegation headed by cabinet secretary PK Sinha, will be meeting on February 9 to decide on scrappage policy for trucks.

  • Plan to acquire a ship & additional trucks: Transport Corp Feb 03, 2017 02:44 PM IST

    Plan to acquire a ship & additional trucks: Transport Corp

    In an interview to CNBC-TV18, Vineet Agarwal, MD of Transport Corporation of India said that dividend income from group companies aided other income.

  • Freight rates up on busy cargo movements, less trucks position Jan 14, 2017 03:28 PM IST

    Freight rates up on busy cargo movements, less trucks position

    Freight rates for nine tonne load section improved by Rs 1,000 in the local truck transport market today on tight position of trucks against busy cargo movements.

  • Commercial vehicle mkt share up at 12% on strong demand: Eicher Jun 06, 2016 10:42 AM IST

    Commercial vehicle mkt share up at 12% on strong demand: Eicher

    Company's overall capacity (bus and trucks) is 5000 per month and it aims to take it to 7000 per month by the year end, says Vinod Aggarwal of Eicher Motors to CNBC-TV18.

  • Government probes dumping of Chinese tyres May 10, 2016 01:44 PM IST

    Government probes dumping of Chinese tyres

    Automotive Tyre Manufacturers' Association has filed application on behalf of domestic players -- J K Tyre Industries Ltd, Ceat Ltd and Apollo Tyres Ltd -- for initiation of an anti-dumping investigation and imposition of the duty on the imports.

  • Nomura neutral on Bharat Forge, cuts CV growth to -5% Nov 23, 2015 03:09 PM IST

    Nomura neutral on Bharat Forge, cuts CV growth to -5%

    The brokerage states that although the comopany has done well over the past few years by diversifying into non-auto businesses, its overall cyclical exposure remains quite high. The company still derives 45 percent of its revenue from CVs and 10 percent from oil & gas.

  • Trucks entering Delhi to pay green tax from tonight Nov 06, 2015 09:25 PM IST

    Trucks entering Delhi to pay green tax from tonight

    Trucks and other commercial vehicles entering Delhi will now have to pay Economic Compensation Charge as the toll contractor of South Delhi Municipal Corporation has agreed to collect the green tax, along with toll tax, from midnight today as per direction of the Supreme Court.

  • GM catches new ignition switch problem early Oct 17, 2015 04:19 PM IST

    GM catches new ignition switch problem early

    The automaker is recalling about 3,300 pickup trucks and SUVs, mainly in North America due to an ignition switch problem.

  • Freight rates remain flat Aug 08, 2015 02:52 PM IST

    Freight rates remain flat

    Transporters said besides restricted cargo movements, ample position of trucks in the markets, largely kept freight rates at previous levels.

  • Freight rates decline on limited cargo movement Aug 01, 2015 03:18 PM IST

    Freight rates decline on limited cargo movement

    Transporters said tight cargo movements against easy availability of trucks in the markets, mainly pulled down some of centres freight rates.

  • Eicher Motors dips 3% post Q2, brokers bet on Royal Enfield Jul 22, 2015 11:30 AM IST

    Eicher Motors dips 3% post Q2, brokers bet on Royal Enfield

    Morgan Stanley remains overweight on it and expects sales of apparel and accessories to improve share of merchandise revenues from the current level of only 2 percent.

  • Eicher commercial vehicle sales dip 1.86% in June Jul 01, 2015 03:57 PM IST

    Eicher commercial vehicle sales dip 1.86% in June

    Eicher branded trucks and buses have recorded total sales of 4,063 units in June compared with 4,187 units in the same month last year, down 2.96 percent, the company said in a statement.

  • Mahindra aims for double-digit growth in Africa Jun 30, 2015 01:38 PM IST

    Mahindra aims for double-digit growth in Africa

    With an active presence in 20 African countries, Mahindra and Mahindra hopes the aggressive expansion will help spur a 10-fold increase in business over the next five to seven years.

  • Inspired by Make in India, Daimler sets up plant in Chennai May 27, 2015 10:15 PM IST

    Inspired by Make in India, Daimler sets up plant in Chennai

    Daimler India is following Prime Minister Modi's Make in India mantra. The company will soon be rolling out its new line of Bharat Benz buses from a facility near Chennai at an investment of Rs 425 crore. So what prompted Daimler to expand its manufacturing operations in India? CNBC-TV18's Jude Sannith reports.

  • Yet to see improvement in OEM market for trucks: Ceat Feb 06, 2015 11:43 AM IST

    Yet to see improvement in OEM market for trucks: Ceat

    Speaking to CNBC-TV18 post Q3 earnings, CFO A Subba Rao said the company is not seeing any unusual inventory build-up. The midcap company reported flat domestic volume in Q3.

  • Steel Strips targets 16-18% volume growth for FY15 Jan 02, 2015 03:50 PM IST

    Steel Strips targets 16-18% volume growth for FY15

    Steel Strips that manufactures automotive steel wheels is looking at a volume growth of 16-18 percent for the full year and turnover of around 15-16 percent.

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