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