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