ASHOK LEYLAND

  • '51 pc FDI in defence will be a game changer for India' June 26, 2014

    New Delhi: Raising foreign direct investment cap to at least 51 per cent in the defence sector will help India become a major manufacturing and export hub, reducing dependency on imported equipment. "India can be a gamechanger only by allowing at least 51 per cent FDI in the sector. With...
  • Ashok Leyland Stile launched in India at Rs 7.49 lakh October 7, 2013

    Hinduja owned, commercial vehicle manufacturer, Ashok Leyland Limited (ALL), has launched its multipurpose 7seater Stile in India. It is priced at Rs 7.49 lakh (exshowroom, Delhi). The Stile is a product of the NissanALL tieup and not surprisingly, the Stile is a rebadged Evalia. It will also be manufactured at Nissan's...
  • No easy road for Ashok Leyland July 30, 2013

    Dheeraj Hinduja, chairman of Ashok Leyland, India's secondlargest truck manufacturer, got a taste of shareholder activism at the company AGM on July 16. During a threehour meeting, shareholders expressed displeasure at everything including results performance, dividend payout last fiscal (60 paise per share versus Re 1 the previous year) and...
  • Ashok Leyland unveils multipurpose vehicle Stile July 17, 2013

    Chennai: Hinduja Group flagship firm Ashok Leyland expanded its light commercial vehicle portfolio with the unveiling of Stile, developed by a joint venture with Nissan Motor Company. Stile will roll out of the Nissan's manufacturing plant in Chennai before the upcoming festival season. "With Stile, Ashok Leyland is entering into...
  • Ashok Leyland Stile MPV to be launched in India on July 16 July 7, 2013

    Mumbai: A yearandahalf ago at the Auto Expo, Nissan had showcased the NV200 badged as Evalia for the Indian market. At the same expo, its Indian partner Ashok Leyland had on offer their version of the Evalia, the Stile. Now almost a year after Evalia's launch, Ashok Leyland has announced...
  • Bus with comforts of a private jet helps in charity work February 26, 2013

    New Delhi: Would you like to contribute to charity by going on a luxury bus ride? A concept initiated by banker-cum-philanthropist Madhabi Puri Buch, the Ashok Leyland Luxura Magical India Bus gives you the comfort of a house on wheels. Buch, who works as a fund raiser for the Toofles...
  • The Indian education of RenaultNissan's CEO December 9, 2011

    Joseph Campbell, in his The Hero with a Thousand Faces, explained the making of a hero. The hero starts out ordinary; gets a call to adventure; undergoes severe tests and on survival gets a great boon. After this, he returns to an ordinary life and uses that boon to improve...
  • Forbes India: India in top gear at Auto Expo 2010 January 13, 2010

    Every major automobile manufacturer in the world showed up at the India Auto Expo in New Delhi. The air was thick with dreams, ambition and promise. What was on display at the stalls was amazing but best to take it with a pinch of salt because the devil lies in...
  • RenaultNissan to launch Indian lowcost car in 2012 November 10, 2009

    New Delhi: Renault, Nissan Motor Co and their Indian partner will launch an ultra lowcost car in India in 2012 that will cost less than Tata Motor's Nano, the world's cheapest car. Chief executive of both the French and Japanese car makers, Carlos Ghosn said on Tuesday an agreement has been...
  • Auto majors feel the credit crunch, shut down plants November 7, 2008

    New Delhi: The timing could not have been more worse for the Audi R8, for the luxurious sports car hits the Indian market at a time when the countrys automobile sector is battling a slowdown in demand and cutting down output. While, Ashok Leyland India's second largest maker of trucks,...
  • Hinduja to invest in Dubai real estate March 26, 2007

    New Delhi: A lot of money seems to be flowing to the UAE. The Hinduja Group on Monday said it would invest Rs 1,200 crore in property development business in the UAE while its flagship Ashok Leyland intends to set up a commercial vehicle manufacturing unit in Dubai. It was...
  • Leyland acquires European major Avia October 17, 2006

    Prague: Ashok Leyland, the Indian flagship of the Hinduja Group, has acquired the Avia Truck Business Unit, a leading vehicle manufacturer in Europe, at an estimated cost of around $35 million. Started as an aircraft and engine manufacturer in 1919, Avia diversified later into trucks and signed license agreement with Renault...