Company News
Hyundai August Sales Jump 17.2%
Submitted by Manish Sood on Thu, 09/02/2010 - 08:51
India's second biggest car maker, Hyundai Motor India Limited (HMIL), has recorded an increase of 17.2% in its monthly sales during the last month (August 2010) as against the corresponding period of last year.
Company's total sales during the month under review remained at 50,636 units as compared to 49,521 units in the like period of 2009.
Panasonic Rolls Out Its 'Camera To Couch' 3D Technlogy In Indian Market
Submitted by Manish Sood on Sat, 08/28/2010 - 06:56
Panasonic has made announcement about the launching of its globally acclaimed 'camera to couch' 3D solutions in the Indian market.
The maker of electronics goods organized a 2-day conclave 'Dimensions,' to offer up personal experience of 3D to the film fraternity.
L&T Eyes Oil In Brazil, Banking In India
Submitted by Manish Sood on Fri, 08/27/2010 - 08:58
Larsen and Toubro Ltd, is ready to make foray in the Brazilian market with the aim to discover chances in the country's oil and gas segment.
Besides, India's biggest engineering and construction company is also eyeing the Indian banking segment when laws permit the admission of novel private players.
KKN Group Makes Entry In Steel Biz
Submitted by Gurpreet Singh on Thu, 08/26/2010 - 08:41
Kolkata-based KKN Group has made entry in the steel making business after getting hold of Balaji Ispat Pvt. Ltd.
The above declaration was made by the company's top representative on Wednesday.
Orient Green Power To Boost Total Capacity By 2013
Submitted by Manish Sood on Sun, 08/22/2010 - 05:34
Orient Green Power Company Ltd is all set to lift up its installed capacity to 1,000 MW within and outside the country by the next three years (2013).
The Rs 276 crore-equity Orient Green would spend around Rs 40 billion to attain this objective.
At present, the company has an installed capacity of 193 MW.
Intel To Get Hold Of Internet Security Firm For $7.7 Bln
Submitted by Raja Chauhan on Fri, 08/20/2010 - 06:25
Intel Corporation, the world's biggest computer chip manufacturer, is all set to get hold of internet security firm McAfee for around $7.68 billion.
Quoting a value of $48 a share, the world's biggest computer chip manufacturer is paying up a premium of 60% over the value at which the security-maker's stock marked its closure on August 19.
Sansui To Foray Into Cell Phone Biz
Submitted by Raja Chauhan on Tue, 08/10/2010 - 06:00
Sansui announced that it will foray into the cell phone business in the Indian market.
With the aim to expand its market share in the country, Japanese audio and video equipment maker is all set to roll out 10 mobile phones by 2010 end.
The company introduced its novel variety of slim, LCD TVs and digital video disc players on Monday.
Mercedes Benz Records Highest-Ever Monthly Sales
Submitted by Gurpreet Singh on Tue, 08/03/2010 - 04:38
Mercedes-Benz has recorded its peak monthly sales in July this year (2010).
The company declared July as its 'largest-ever-month' of sales during its 15-year long history in the Indian market.
Luxury car manufacturer sold around 521 units during the last month recorded an increase of 80%as compared to the same period of last year.
Bajaj Motorcycle July Sales Grow 66%
Submitted by Gurpreet Singh on Mon, 08/02/2010 - 07:35
Bajaj Auto recorded an increase of 66%in its motorcycle sales to 2,79,781 units during the last month (July 2010).
India's second biggest two-wheeler maker had sold 1,68,163 units during July 2009.
In July 2010, Bajaj Auto exports increased by 56%to 1,06,794 units as against 68,585 units in July last year (2009).
Berger Paints All Set To Buy Speciality Paint Company
Submitted by Gurpreet Singh on Fri, 07/30/2010 - 04:25
According to a top company representative, Kolkata-based Berger Paints India is making discussions to get hold of a specialty paint company.
On the sidelines of the company's annual general meeting (AGM), Chairman K. S. Dhingra said, "The board will discuss the offer... the deal is still at a preliminary stage and due-diligence is yet to start."
