Connect with us

Business

Mahindra to relook bus business in a year or two

Published

8 years ago

on

mahindra1Kolkata:Mahindra Trucks and Buses Ltd will relook into its bus business strategy in a year or two after roll out of Intermediate Commercial Vehicles (ICVs) is complete, a top company official said on Tuesday.

“We are currently focused on ICVs and new light commercial Vehicles (LCVs). We will take a relook on bus business in a year or two after the rollout of ICV is complete,” said Managing Director and CEO Nalin Mehta.

The company is at present focusing on implementing the ongoing Rs 700 crore project to rollout ICVs and more LCVs along with doubling market share in HCVs.

The company planned to invest Rs 700 crore in three years, beginning last year for new ICV segment and broadening LCVs. In HCV segment, the company invested about Rs 1,000 crore.

The company expects commercial vehicle demand to pickup. “Good monsoon, GST rollout and better roads will help drive growth,” Mehta said, adding that the company aimed at doubling market share in HCVs in the current fiscal from 4 per cent.

Mahindra currently operates in the 15-42 seater small bus segment with a market share about 8 per cent market share.

Related Topics:
Continue Reading

Business

Apple is giving a huge discount on its gadgets: Details inside

Published

3 years ago

on

May 5, 2022

By

If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

Continue Reading

Trending