Summary Box: Rising pink slips the biggest obstacle to a lasting economic recoveryOctober 2nd, 2009 Summary Box: Another cruel month for jobseekersRISING PINK SLIPS: Employers cut 263,000 jobs in September, after a reduction of 201,000 in August. Even though the economy is in a recovery, companies are still sticking with cost cutting.
Pakistani, Indian firms traded goods worth $900 mnAugust 13th, 2009 ISLAMABAD - At least 25,000 Pakistani and Indian companies traded goods worth Rs.74.32 billion ($900 million) last year, the National Assembly, the lower house of Pakistan's parliament, was informed Thursday. According to figures furnished by the trade ministry, 2,656 Indian companies traded goods worth Rs.8.92 billion with Pakistani companies, while 22,943 Pakistani companies had Rs.65.32 billion of trade with India, Geo TV reported.
Bajaj two-wheeler sales marginally downAugust 3rd, 2009 NEW DELHI - India's second largest two-wheeler maker Bajaj Auto Monday said its sales dipped 0.7 percent last month to 168,731 units as compared to 169,971 units sold in July last year. The company said in a statement that its motorcycle sales dipped 0.3 percent to 168,163 units in July from 168,836 units sold in the like period last year.
Bajaj two-wheeler sales down 5 percentJuly 2nd, 2009 NEW DELHI - India's second largest two-wheeler maker Bajaj Auto Thursday said its sales dipped 5 percent last month to 168,471 units, comparing to 177,112 units sold in June 2008. However, the company's three-wheeler sales rose 26 percent to 24,731 units last month from 19,629 units in the like period last year.
Bajaj launches new Pulsar, says it is the fastestJune 23rd, 2009 NEW DELHI - India's second largest two-wheeler manufacturer Bajaj Motors Tuesday launched a new variant of its popular bike Pulsar, priced at Rs.70,000 (ex-showroom Delhi). We have been continuously evolving our Pulsar range to provide our customers state-of-the-art product with unmatched performance and technology," Bajaj Auto chief executive (two-wheelers) S.
Bajaj sales down 8.1 percent in MayJune 4th, 2009 MUMBAI - Bajaj Auto, the country's second largest two-wheeler manufacturer, has reported 8.1 percent fall in its motorcycle sales last month. The company said in a statement Thursday that it sold 165,049 motorcycles last month as against 179,649 vehicles in May 2008.
Bajaj Auto sales down 14.7 percent in MarchApril 2nd, 2009 MUMBAI - Bajaj Auto posted sales of 132,640 two-wheelers units last month, down 14.7 percent as compared to the 155,504 units sold in March 2008, the company said Thursday. Bajaj sold 132,210 motorcycles last month, reflecting a decline of 14.4 percent from the 154,443-unit sale the corresponding month last year.
Parents need to be counselled to handle child abuse: panelMarch 28th, 2009 NEW DELHI - Alarmed at the sudden spurt in cases of fathers sexually abusing their daughters, the child rights commission said that parents need to be counselled to handle such cases and recognise the fact that more than half the country's children are sexually abused. Just days after the shocking revelation of a Mumbai girl being allegedly raped by her businessman father over nine years, two other cases from Amritsar and Nagpur surfaced, recounting similar sordid tales.
Bajaj says its low-cost car will be out in 2011March 15th, 2009 NEW DELHI - Bajaj Auto Ltd Saturday said its small car, being developed in partnership with Renault SA and Nissan Motor, will be rolled out in 2011 as per schedule. Bajaj managing director Rajiv Bajaj said: 'The project remains largely on schedule, though in the course of development some specifications have been reviewed, leading to adjustments in the overall schedule.'
It had been reported in a section of the media that the ultra low-cost (ULC) project would be delayed by more than a year as Rajiv Bajaj was not happy with the work done so far, and he demanded major modification in the design.
Bajaj Auto January sales down 31 percentFebruary 1st, 2009 NEW DELHI - Two and three-wheeler maker Bajaj Auto Monday reported 34 percent year-on-year decline in its domestic sales in January. The company sold 132,348 two and three-wheelers last month, down from 192,193 units in January 2008.
Bajaj Auto launches new bikeJanuary 20th, 2009 NEW DELHI - Bajaj Auto Ltd, one of the leading two-wheeler makers in the country, Wednesday launched a 135cc version of its XCD motorcycle. The bike, sporting a 10.5 brake horsepower (bhp) engine, will cost Rs.45,000 (ex-showroom).
China auto sales rose 6.7 percent in 2008January 11th, 2009 BEIJING - Auto sales in China rose 6.7 percent in 2008 despite slackening sales on the global market, China Association of Automobile Manufacturers (CAAM) said Monday. It was the first non-double digit growth for Chinese auto sales since 1999.
Two-wheeler majors log lower salesJanuary 1st, 2009 CHENNAI - The stimulus shot of 4 percent cut in excise duty will take some more time to rejuvenate the two-wheeler manufacturer. Even after offering discounts, major players have reported lower sales last month as compared to December 2007.
Bajaj family dispute comes to an endDecember 31st, 2008 NEW DELHI - The six-year-old Bajaj family dispute over the division of group companies and assets came to an end Thursday with brothers Rahul Bajaj and Shishir Bajaj withdrawing their petitions from the Company Law Board (CLB). The Bajaj family feud first hit headlines in 2002, when Shishir Bajaj accused his elder brother of trying to oust him from the chairmanship of Bajaj Sevashram, one of the group holding companies.
Bajaj Auto two-wheeler sales down 33 percentDecember 31st, 2008 NEW DELHI - Bajaj Auto Ltd Thursday reported 33 percent dip in its last month's two-wheeler sales. The company sold 119,215 two-wheelers in December 2008 as against 177,249 units a year earlier, said an official statement.
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