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Techies trip to India Scoot offers just Rs.13,500 to ANZ... TVS Logistics – another acquisition to sharpen the business model TN budget pragmatic and moderate on fiscal deficit Flexible labour laws… ALL-two launches in a row Backpack laboratory Brand leaders come forward... Smart controls for cooling large multi-zone spaces ... Big-ticket investments march towards Punjab Illicit markets a concern to growing economy Pharma market dozes IFCI to raise NCDs upto Rs 2000 crore Secured NCDs from Shriram City WABCO’s second Chennai plant Make way for the new and dynamic railways Chola MS net crosses 100 crores When Centre visits the state Rating of states to be released soon Changing dynamics in human resource management World labour laws at a glance Well-refined – RIL’s refinery margins zoom Need to focus on ease of doing business... Apple maps – finding its way A global plastic event in India ISRO's 100th mission Applauding enterprise... Nigeria comes nearer Business Briefs Carrefour’s quick exit Tata Steel commence operations at Kalinganagar On the ‘milky’ way Creating Tamil Nadu Banana brand Realising double digit growth in Tamil Nadu Chennai Port is at last decongested! Bridging the skill deficit in pharma industry Schwing Stetter India joins hands with US-based Gomaco Holiday Inn opens in OMR Chennai Chennai to get a roundabout Metro Realty sector takes a break... TII’s single largest investment at Thiruthani Hyundai excites again Indigo stays leader with 40 per cent share AirAsia India infuses funds to fight out competition Automotive Vision Plan II... Airlines wage price war Sun Edison launches solar pumps TII-challenging year with flat growth Ridley marathon to India Chola MS launches motor app Auto test tracks launched at GARC Oragadam campus Is Indian telecom industry heading for a monopoly? Nothing to hide... Four daughters and a proud father Indian Bank – global businesses crosses Rs 3 lakh crore... Downsizing spree... Adding Zest to Scooty ECGC expands operations Blue Star plans a new plant in south An American alliance in the chemical industry? TOP 10 CEO Compensation Digital retail transactions stabilise at higher level… Economic issues take a back seat at G20 summit Curbing steel imports will hurt small business... Dynamic e-commerce scenario TCS’ revenues cross Rs 100,000 crore BRICS development bank Placing the right shoe forward... European crisis is a global crisis! Connecting the unconnected Celebration time at MS Chola Gem of social service... OBO Bettermann for better lightning protection Purdue and IIT-M sign the dotted line STFC raises money Strategy war escalates between Hero and Honda Chennai will soon get its World Trade Centre Investor friendly Japan - Time to fast-pace the logistics sector Research needs more funding Inclusive and forward moving... Striking cords for 25 years… Celebrating 180 years of relevance Towards peace of mind TiE applauds innovative entrepreneurs Steel loses its sheen Waste, a gold mine An aerospace-defence cluster in Tamil Nadu… LVB gears to become a financial supermarket Climate change may change the way businesses work... CUB: towards card-less withdrawal Murugappa- a year of consolidation Three more leather clusters… Reality bytes Business Breif Housing Innovation Challenge, 2015 ALL – truck industry is recovering from degrowth Durga - India’s largest blast furnace; now operational Innovation that helped Chennai port SumInfra- corridor based development... The new look- 4s Verna Hero Motocorp - smooth ride Veritas Finance- financing the unfinanced People Flow Day- Safety Economic, business and social sustainability Industry-well poised to invest on expansion ALL to launch electric busses More gensets and diesel engines from TAFE Focus on self-certification and third party inspection
 
Hyundai excites again

THE RECENT LAUNCH of the hatchback Elite i20 marks Hyundai’s 4th global premier in India. With four variants in petrol and diesel, the car is priced in the range Rs 4.98 lakh – Rs 7.80 lakh. Launching the model, Rakesh Srivastava, Senior Vice President, Sales & Marketing, Hyundai Motor India Ltd. (HMIL) said: “The Elite i20 is a premium compact car. Since its booking opened on 1 August, we have picked up bookings for 4600 units.”

This calendar year, Hyundai’s market share has increased by 2.3 per cent to 23 per cent, largely due to increase in sales volume of new launches apart from expansion in channel partners, strong process in terms of customer engagements and flexible production capacity. HMIL, the second largest producer of passenger cars in India, had recently shifted its Europe export base to the Czech Republic and Turkey  to cater to its largest export market. Markets in Latin America, Asia, Middle East, Australia and New Zealand will now be focused to offset the loss in export volume.

The company aims to grow over 15 per cent rate, higher than the industry CAGR of 12-13 per cent by bringing in products in new segments and refurbish existing models, said Srivastava.

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