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