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Financial Year 2023/24 – First Six Months Performance Chief Executive Officer’s Review Hemas Holdings PLC (HHL) delivered resilient results in the first six months of the financial year 2023/24 to post a cumulative Group revenue of Rs. 59.0 billion, a 13.5 per cent growth over previous year. Amidst the increasing strain on operating expenses,...
KPIT Technologies: The embedded software and product engineering services company’s priority is passenger cars. But it also works with commercial vehicle manufacturers. Now it is exploring opportunities in off-highway vehicles owing to technological advancements and consumer preferences. Though it has no immediate plan to enter the two-wheeler market, KPIT foresees potential to expand into that sector and other parts of the mobility space in the future.
Ceat’s business model, technology roadmap and focus on sustainability make the analysts confident about its future prospects.
Latest news, analysis and opinions from the Daily FT, Sri Lanka's only national business newspaper. ..
The latest EY Mobility Consumer Index (MCI) — a global EY survey of more than 15,000 consumers from 20 countries — reveals that US consumer interest in electric vehicles (EVs) is at an all-time high, with about half (48%) of US car buyers intending to purchase an EV in the next 24 months.