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Honda Cars India organises nationwide ‘Independence Day service camp’

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Mumbai: Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India announced the start of its nationwide ‘Independence Day Service Camp’ from 16 August – 20 August 2023.  

During this period, Honda Cars valued customers will have the opportunity to take advantage of exclusive offers on car care services and periodic maintenance labour. These offers include discounts on services such as interior cleaning, paint treatment/beautification, headlamp and windshield treatment, underbody coating, and more, spanning across the entire Honda product range.

In addition to these service promotions, appealing offers are also available for brake pads, wipers, tyres, and batteries.

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Honda Cars India vice president of marketing & sales  Kunal Behl said, “With our customers at the heart of our operations, we are delighted to organise this nationwide service camp, aimed at ensuring a seamless and delightful ownership experience for all. Supported by our extensive network of dealers and skilled professionals, the service camp guarantees exceptional service quality for all our customers.” He further elaborated, “These exclusive offers and incentives underscore our unwavering commitment to customer satisfaction and the sheer joy of owning a Honda Car.”

During the service camp, customers can avail of complimentary evaluation of their existing vehicles, coupled with exclusive benefits for those considering a new Honda car. Customers can also experience the innovative ADAS technology of Honda Sensing through the test drive of the Honda City.

In a gesture of gratitude towards defence personnel, police officials, and doctors, Honda is extending special offers on all Value-Added Services and Periodic Maintenance Labour as a token of appreciation for their dedicated service. Moreover, the Independence Day Camp will feature a Daily Lucky Draw, offering participants the chance to win exciting prizes.

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Besides the new car business, Honda offers a one-stop solution for buying and selling pre-owned cars through its business function Honda Auto Terrace. The Honda-certified pre-owned cars come with an assurance of quality and peace of mind that caters to the diverse and burgeoning needs of pre-owned car buyers across the country. 

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Google nears Nvidia in race for world’s most valuable company

Market cap gap narrows as Google hits $4.65 trillion, Nvidia at $4.86 trillion.

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MUMBAI: In the AI gold rush, even the giants are sprinting and Google is suddenly gaining ground. Google is rapidly closing in on Nvidia in the race to become the world’s most valuable publicly listed company, with the gap between the two narrowing sharply amid diverging stock momentum. The tech giant’s market capitalisation has surged to around $4.65 trillion, following a more than 140 per cent rise in its share price over the past year.

That rally has added over $2.6 trillion in value in just 12 months, including nearly $900 billion since January alone. Its stock recently hovered at $381.80, slipping marginally by 0.04 per cent, but still reflecting strong upward momentum.

Nvidia, meanwhile, continues to hold the top spot with a valuation of approximately $4.86 trillion. The chipmaker crossed the $5 trillion milestone in October last year and peaked at $5.27 trillion on 27 April. However, its shares have largely plateaued over the past six months, rising just 0.2 per cent recently to $199.99.

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The contrast in trajectories is striking. While Nvidia has seen relatively flat movement, Google has gained over 36 per cent in the same six-month period. Barron’s estimates suggest that if current trends hold, the valuation gap could shrink to as little as $190 million by the time Nvidia reports its first-quarter earnings on 20 May.

Daily momentum paints a similar picture. Nvidia recorded average daily gains of about 0.66 per cent last month, compared to Google’s stronger 1.42 per cent, an edge that could prove decisive in the short term.

Driving Google’s resurgence is its aggressive push into artificial intelligence across its ecosystem, from search and YouTube to cloud computing. The company has already invested $144 billion in capital expenditure over the past two years and plans to deploy a further $490 billion over the next two.

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Its cloud division is also gathering pace. Google Cloud reported an order backlog of nearly $220 billion in the latest quarter, with total backlog touching a record $462 billion, around half of which is expected to be realised within two years. The company’s entry into chip sales is also beginning to factor into its growth narrative.

The last time Google briefly topped the S&P 500 by market value was in February 2016, when it edged past Apple for just two days. This time, the stakes and the numbers are far higher.

At the heart of the contest lies a single force: artificial intelligence. As both companies pour billions into infrastructure, chips and platforms, the leaderboard is no longer just about size, it is about who can scale the future faster.

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