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