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

Ashok Leyland, which plans to become a full spectrum commercial vehicle producer, made two launches in a rather dull automobile market. Stile, a multi purpose vehicle, is the second offering from Ashok Leyland-Nissan Motor Company joint venture after Dost. Aimed at cost-conscious customers, the 7 or 8- seater Stile promises 50 per cent more mileage than its competitors, Innova and Xylo. Priced between Rs 7.49 lakh and Rs 9.29 lakh, the monocoque body powered by common rail diesel engine assures greater ride quality and safety. “It is a SUV converted to passenger vehicle, high in quality in an Indian cost,” said Dr V Sumantran, Vice Chairman. Manufactured at the Oragadam facility of Nissan, it is 80-90 per cent localised. The company targets sales of 500 to 1000 per month.

The intermediate commercial vehicle segment that boosted the results of ALL has another offering in the array, the Boss. The ICV is the remodeled version of the successful Avia Truck, a leading vehicle manufacturer in Europe, acquired by ALL. Manufactured at Pantnagar, Uttarkhand using robotic process, Boss is 100 per cent localised. Launched in two variants LE and LX the truck is priced between Rs 10.5 lakh and Rs 12 lakh. The LE variant was stated to offer 5 to 7 per cent higher mileage than other vehicles in the segment and LX,

5 per cent more than LE. “The Boss is a truck car as it is as rugged as a truck but comfortable as a car,” said Vinod K Dasari, Managing Director, ALL. The company has capacity to manufacture 100 trucks per day.

 

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