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