Ashok Amritraj

Chennai, May 14: Hit by higher finance cost, increased depreciation and a muted market in its southern strongholds, Hinduja group's flagship company Ashok Leyland posted around 10 percent reduction in net profits last fiscal though overall sales went up by 15 percent, said a top company official. - Indiatalkies.comRead Full Story

Ashok Leyland is one of the largest manufacturers of commercial vehicles in India. A Hinduja subsidiary, the company recorded success in serving the military, heath and commercial sector, the brand announced the development of their lineup of logistic vehicles with the unveil of Super Stallion 8×8 High Mobility Vehicle (HMV). Making its debut alongside is the new face-lifted version of the much-anticipated Stallion in 6×6 configuration with a new high power engine and auto transmission. “The...Read Full Story

After producing films in Hollywood for three decades, Ashok Amritraj now wants to focus on the movie business in India and China, which he believes is growing by leaps and bounds. The producer says while the markets in North America are slowing, there has been a great increase in the movie watching crowd in Asian countries. “Indian market is growing but it will always be dominated by Indian cinema. Hollywood films are growing too, which is a good trend. As my company Hyde Park...Read Full Story

I remember my childhood wherein every other big truck I saw was named as Ashok Leyland. I used to think that this is definitely a weird name for a truck but then way back then, it was more about the “gaonwalahs” and hence I was sure that this was due to the fact that this people may be owning the vehicles and hence the name for the same. It was only when I started going to college did I understood that this was actually the name of a company and it was definitely not owned by one of the...Read Full Story

Chennai, May 14 (IANS) Hit by higher finance cost, increased depreciation and a muted market in its southern strongholds, Hinduja group's flagship company Ashok Leyland posted around 10 percent reduction in net profits last fiscal though overall sales went up by 15 percent, said a top company official.Read Full Story

The company which is mostly known for building large commercial vehicles, today unveiled its own version of the Nissan NV200. Yes, we are talking about Ashok Leyland and its version of the NV200, the Stile. Although the Stile will share the same production line as the NV200, it will have a different engine than its Nissan cousin. The Ashok Leyland Stile will be powered by a 1.5 liter engine capable of pumping out 130 Bhp. Rightnow, the company is trying to increase the fuel efficiency of the...Read Full Story

Hit by higher finance cost, increased depreciation and a muted market in its southern strongholds, Hinduja group's flagship company Ashok Leyland posted around 10 percent reduction in net profits last fiscal though overall sales went up by 15 percent, said a top company official.Read Full Story

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Ashok Leyland recently launched their first ever LCV, the Dost last Friday. The company has now set a target of selling 1,40,000 models over a period of three years. While, the Dost was developed in joint collaboration, with their Japanese auto partner, Nissan, the Dost was manufactured from Ashok Leyland’s facility in Hosur. Both of the partners have bet high on their new premium segment. The executive vice chairman of the Hinduja Auto Ltd. and the chairman of Nissan Ashok Leyland Powertrain...Read Full Story

TVS LSL (TVS Logistics Services Limited) opened its logistics Assembly unit in North Chennai at Sholavaram. This unit would be a sophisticated and dedicated full-fledged assembly unit for AL (Ashok Leyland, Power Solution Business) for assembling their GE (Genset Engine) powerpacks for capacities ranging from 10 to 2000 KVA for both export and domestic markets. This new facility was opened by Managing Director of Ashok Leyland, Vinod K. Dasari, and the event also saw Managing Director of TVS...Read Full Story