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