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Maruti sells nearly 85,000 vehicles in Aug.2009
New Delhi, Sep.1 (ANI): Maruti Suzuki India Limited, India’s car market leader, sold a total of 84,808 vehicles in August 2009, growing 41.6 percent in the month. This includes exports of 14,847 units, the highest ever monthly export in the company’s history.
A company release said it had sold a total of 59,908 vehicles in [...]
Bharatonline.com plans to set up offices across India
Bangalore, July 14 (ANI/Business Wire India): Bharatonline.com is looking to set up offices across major cities in India.
The Delhi-based Bharatonline is a pioneer in comprehensive online travel and a market leader in customized holiday packages.
The 150 per cent YoY growth is a sheer resultant of the 40,000 plus satisfied customers from India and [...]
IndiaMART.com registers 40 percent growth in recession time
New Delhi, July 9 (ANI/Business Wire India): IndiaMART.com registered an impressive growth of 40 per cent in revenues for 2008-2009 despite an economic downturn. he growth in revenues has also been backed by a robust 52 per cent growth in supplier registrations.
“Our numbers speak for themselves, While the whole world is busy hiding behind words [...]
Maruti Suzuki to launch a new compact car Ritz in May Month
NEW DELHI: Passenger car market leader Maruti Suzuki will launch its sixth global car, Ritz, in May. The mass market car will be launched in the popular small car segment with a 1.2 litre KB series petrol and 1.3 litre multijet diesel engine simultaneously.
The Ritz will be built on Maruti’s successful Splash platform and will [...]
NEC, Renesas to merge by April 2010, sign deal in July
Tokyo – Japanese electronics companies Renesas Technology and NEC Electronics have agreed to merge their business operations by April 2010 to become the nation’s largest semiconductor maker and the world’s third-largest chipmaker, the companies announced Monday. The move was designed to ensure the companies’ survival during the global downturn. They are expected to sign the [...]
NEC, Renesas in merger talks, report says
Tokyo – Japan’s semiconductor industry is to experience a major shake-up, as electronics companies Renesas Technology and NEC Electronics are considering to merge, a news report said Thursday.
The two companies were in talks and a deal is expected by the end of the month, the Nikkei, a business daily, reported. A merger, which is [...]
Nomura downgrades Hynix to Reduce, raises price
SEOUL, April 15 (Reuters) – Nomura reduced its rating on Hynix Semiconductor (000660.KS) to reduce from neutral, but raised its target price by 20 percent to 11,000 won, expressing doubts about continuous memory price increases.
Nomura also said it kept memory chip market leader Samsung Electronics (005930.KS) at a neutral rating and raised its target [...]
‘Entry of low-cost cars won’t affect three-wheeler sales’
Chennai, April 2 (IANS) The economic slowdown and the launch of low-cost cars would not affect the three-wheeler market, says a top official of the city-based TVS Motor Co who expects a ‘quantum jump’ in the company’s three-wheeler sales and exports this fiscal.
‘We have started shipping out our two-stroke three-wheelers last fiscal to a couple [...]
