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