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A niche in FMCG business... Bajaj Finserv – Q1: fare well AL wins Deming prize again TN government keen on revival of operations at Nokia complex Emami – a new growth mantra Are they really independent? Record two-wheeler sales Gamesa to set up a plant in Nellore Solar installations exceed 2015 capacity in five months L & T’s floating dock for navy The gainers and the losers Sivasankaran enters taxi space to take on Uber and Ola New India Assurance posts impressive show Smooth sailing of SAIL 29 per cent jump in TCS revenues Daimler’s truck exports from Chennai cross 5000 units Tata Motors bets on new launches Is this a generation gap? ITC – steep excise hike A welcome initiative-even critics are recognised Ode to Ratan Tata When small is not so beautiful… Increasing market share CAPITAL NOTES E.I.D Parry (India) Ltd: another sweet year Kone India eyes further growth in elevator market IOB on turnaround path LVB posts 31 per cent growth in Q1 net profit Hindalco – re-rating AL introduces Guru & Partner M & M unveils driverless technology for tractors Last stages Back in growth mode Hyundai India achieves 7 mn production at Chennai factory Maruti – for young buyers Aurobindo Pharmacy: good turnaround Carnival Films acquiring 3000 screens pan India Yamaha unveils scooter boutique TVS Automobile invests Rs.75 crore in start-up firms V-Guard launches app-enabled water heater system Mercedes-Benz sales continue to zoom It takes two to tango L&T profit up by 11 per cent Land wars Preparing for the next growth curve Welcome focus to improve rural India... Tata Motors charts investments in PV and CV businesses Vellayan is back, after 150 days Titan Company – sales recovery to kick in The unexpected exit RoC in the dock... Singur minus Nano – victory or folly? Hyundai to focus on SUVs and AMT variants Eyes strong growth in 2016-17 Tata gets 4-star rating for Zest AL secures orders for 3600 buses Housing demand revival He excels in the nuts and bolts of entrepreneurship Dish TV – subscriber additions encouraging Rane targets Rs.5500 crore topline by 2018-19 Daimler grows sales and share in India L & T set bigger ambitions in defence business Right to privacy – now it’s fundamental! ITC chairman calls for policy impetus to transform agriculture Sundram Fasteners rejigs international Consolidating leadership position in smartphones L&T bags the Mumbai Trans-harbour link order PPP model for infrastructure development From the toughest to the best year Tata Steel, ThyssenKrupp sign MoU to merge European units Toyota and Suzuki to introduce EVs in India by 2020 HPCL plans Rs.61,000 crore capex over 5-years TVS Srichakra plans capacity expansion Nissan exit shouldn’t affect ALL Wabco launches safety system Smartphone onslaught by Chinese brands PSU non-life firms seek to protect share Chinese smart phones flourish in small towns too! Shriram Life clocks more than Rs.1000 crore premium in 2015-16 TI Cycles plans retail expansion to drive sales for premium bicycles Forging industry worried over lower supply of steel and its price Michelin to double Chennai capacity Ponni Sugars (Erode) Ltd: not so sweet 2012-13 Tata Motors aims to be among the Top 3 global CV & PV firm Tata Motors joins compact SUV bandwagon with Nexon
 
Record two-wheeler sales

Hero Motor Corp, the country’s largest two-wheeler manufacturer, has hit a lot of peaks this festive season with highest ever single-day and monthly sales of over 3 lakh and 7 lakh vehicles respectively.

The market share of TVS Motor Company during the second quarter of this fiscal has seen an upward trend with growth rising to 16.4 per cent in the scooter market in Q2 of this fiscal from 15.1 per cent in Q1 and 12.9 per cent in Q2 of previous fiscal. The company attributed the strong sales growth to launch of new variants of its flagship model Jupiter and also continuing momentum for Scooty.

Two-wheeler sales in the country have grown 10.14 per cent in the current fiscal year. While sales of scooters grew 17.26 per cent to more than 35 lakh units, those of motorcycles rose 7.71 per cent during April-September 2017. SIAM had attributed the growth to ‘an indication of rebound’ in the rural market on the return of a good monsoon.

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