Force Motors

discounts on new purchases: Automakers to extend discounts on new purchases against scrap vehicles

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discounts on new purchases: Automakers to extend discounts on new purchases against scrap vehicles

Leading automakers including Maruti Suzuki, Hyundai Motor India and Tata Motors Tuesday said they will extend discounts on new vehicle purchases against scrapped vehicles, under the government’s Voluntary Fleet Modernisation Programme (VVMP) scheme. These discounts will be extended for a limited period of one year by passenger vehicle makers, and two years by commercial vehicle … Read more

kotak bank shares: Stocks in news: YES Bank, DMart, Kotak Bank, Zomato, Hindustan Zinc

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kotak bank shares: Stocks in news: YES Bank, DMart, Kotak Bank, Zomato, Hindustan Zinc

Indian markets opened at record highs but experienced some correction due to a lack of sustained buying on Tuesday. In today’s trade, shares of YES Bank, DMart, Kotak Bank, Zomato, Hindustan Zinc due to various developments. DMartAvenue Supermarts, which operates DMart stores, reported a standalone revenue of Rs 13,712 crore for the quarter ended June … Read more

Force Motors partners with EY Parthenon India for digital transformation program

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Force Motors partners with EY Parthenon India for digital transformation program

Mumbai: Pune-based automaker Force Motors said on Monday it has partnered with strategy consultancy firm EY Parthenon India for its digital transformation programme to boost innovation and productivity across its value chain, among others. The crucial milestones in this partnership include redesigning Force Motors’ digital landscape, implementing advanced digital platforms, technologies and solutions for customers, … Read more

Chote Miyan charm! 32 smallcap stocks just became more popular with mutual funds

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Chote Miyan charm! 32 smallcap stocks just became more popular with mutual funds

Notwithstanding all the noise around froth and stress tests, mutual fund managers could not resist the charm of Dalal Street’s ‘Chote Miyan’ as the cash levels of smallcap schemes dropped 49 basis points in March. So what did our money managers do with the cash? While a part of it could have been spent in … Read more

Force Motors to shut down its agricultural tractors business

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Force Motors to shut down its agricultural tractors business

Force Motors said on Friday it will close its agricultural tractors business and related activities from March 31. The closure of business is part of the company’s product rationalisation programme under which it will focus on its core segments such as shared mobility transportation, last mile mobility and the creation of special vehicles for civil … Read more

Electric Vehicle: Force Motors plans to invest around Rs 2,000 cr in 3-4 years, to focus on EV development: MD Prasan Firodia

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Electric Vehicle: Force Motors plans to invest around Rs 2,000 cr in 3-4 years, to focus on EV development: MD Prasan Firodia

Automaker Force Motors plans to invest around Rs 2,000 crore in the next three to four years on various activities including sustainability drive and electric vehicle development, according to the company’s Managing Director Prasan Firodia. The company, which sells a range of commercial and utility vehicles, is looking to bring electric versions of its vans’ … Read more

Bharat Mobility Show: Force Motors to invest Rs 2000 crore in 2 years to 2025

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Bharat Mobility Show: Force Motors to invest Rs 2000 crore in 2 years to 2025

Pune-based Force Motors has firmed up plans to invest Rs 2000 crore over the next two years to enhance manufacturing capacity, digitalise operations, improve engines and step up research and development (R&D) in alternate fuel technologies to expand its footprint in the Indian market. Prasan Firodia, Managing Director, Force Motors said, “Between vehicle manufacturing and … Read more