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