ITC seeks option to Nepal's troubled TeraiOctober 7th, 2009 KATHMANDU - Frustrated by the continuous turbulence in Nepal's Terai plains and threats by over 100 armed groups, Indian tobacco major ITC is seeking a backup for its tobacco factory where production can continue unhindered. Twenty-three years ago, ITC set up its India-Nepal-Britain venture in Nepal, Surya Nepal Private Ltd, with a state of the art tobacco factory in Simra town on the India-Nepal border.
TVS Motor sales jump 11 percent in AugustSeptember 1st, 2009 CHENNAI - Two-wheeler manufacturer TVS Motor Tuesday reported an 11 percent growth in August, totting up sales of 126,842 units as against 114,321 units sold in the corresponding month last year. "The company has thus achieved a cumulative sales growth of 5 percent for the period April to August 2009 with cumulative growth of 10 percent in domestic sales, TVS said in a statement.
Workers remove leaking pipe at oldest US nuclear plant, say no danger to publicAugust 28th, 2009 Leaking pipe removed at oldest US nuclear plantLACEY TOWNSHIP, N.J. — Workers have safely removed a leaking pipe at the nation's oldest nuclear power plant, the Oyster Creek Generating Station in New Jersey.
Hyundai sales up 17.6 percentJuly 1st, 2009 NEW DELHI - Passenger car manufacturer Hyundai Motor Wednesday said its sales (including exports) rose 17.6 percent to 47,267 units in June as against 40,182 units in the same month last year. The company's exports grew at a faster pace, logging 32.5 percent rise at 24,251 units, compared to 18,301 units exported in June 2008.
TVS Motor sales up 5 percent in MayJune 1st, 2009 CHENNAI - City-based two-wheeler manufacturer TVS Motor Co Monday reported 5 percent growth in its last month sales at 118,574 units, compared to 112,770 vehicles sold in May 2008. The company in a statement said its domestic motorcycles sales grew 3 percent to 43,165 units from 41,901 vehicles it sold in the like period last year.
TVS Motor sales up 3 percent in AprilMay 1st, 2009 CHENNAI - TVS Motor Co Friday said it sold 113,119 two-wheelers last month, 3 percent up from 109,972 units it sold in April 2008. As the company's moped sales went up to 41,065 units last month from 32,701 units a year ago, motorcycle and scooter sales reported marginal drop.
TVS Motor logs 4 percent sales growth in MarchApril 1st, 2009 CHENNAI - The city-based TVS Motor Co logged 4 percent growth in two-wheeler sales last month, the company said in a statement Wednesday. TVS sold 121,988 units in March as against 117,045 units sold in the corresponding period of the previous year, it added.
Ashok Leyland February sales 57 percent downMarch 5th, 2009 CHENNAI - Commercial vehicles manufacturer Ashok Leyland Wednesday reported 57 percent year-on-year fall in its February sales. The company sold 3,245 units (domestic 2,669 and exports 576) last month, compared to 7,501 units (domestic 6,824 units and exports 677 units) in February 2008, an official statement said.
TVS Motor logs 13 percent sales growth in FebruaryMarch 2nd, 2009 CHENNAI - Two-wheeler manufacturer TVS Motor has posted a 13 percent growth in sales in February, selling over 107,300 units as compared to the sales figure of 95,235 units for the corresponding period of the previous year. According to the company, exports amounted to 16,583 units for the period under review as against about 12,500 units shipped out the previous year.
Hyundai India's domestic sales down 13.5 percentFebruary 1st, 2009 NEW DELHI - Auto major Hyundai Motor India Monday said its domestic sales in January were down 13.5 percent to 21,016 units from 24,301 units in the corresponding month last year. However, total sales including exports saw only a marginal dip of 1.3 percent to 37,216 units in the period under review from 37,700 units in the year-ago period.
Hyundai India's domestic sales down 13.5 percentFebruary 1st, 2009 NEW DELHI - Auto major Hyundai Motor India Monday said its domestic sales in January were down 13.5 percent to 21,016 units from 24,301 units for the corresponding month last year. However, total sales including exports saw only a marginal dip of 1.3 percent to 37,216 units in the period under review from 37,700 units in the year-ago period.
TVS Motor logs marginal sales growth in JanuaryJanuary 31st, 2009 CHENNAI - Two-wheeler manufacturer TVS Motor Co. Ltd sold 93,729 vehicles in January, marginally up from 93,385 units in the corresponding month last year, an official statement said Sunday.
IAF loses two aircraft in a day, pilot killedJanuary 20th, 2009 NEW DELHI - The Indian Air Force (IAF) lost two planes Wednesday, with a jet aircraft of the Surya Kiran aerobatic display team crashing in Karnataka, killing its pilot Wing Commander R.S. Dhaliwal, and an unmanned aerial vehicle (UAV) going down in West Bengal, an officer said.
Surya Roshni to set up cement mill, steel pipe plantJanuary 20th, 2009 CHENNAI - Lighting products manufacturer Surya Roshni plans to invest Rs.15 billion (Rs.1,500 crore) for setting up a cement mill and a steel pipe plant in Gujarat and foraying into the street light segment, a senior official said here Wednesday. 'We are mulling a cement plant in the Kutch region in Gujarat at an outlay of Rs.10 billion.
Ashok Leyland sales down 63 percent in DecemberJanuary 6th, 2009 CHENNAI - Commercial vehicle manufacturer Ashok Leyland Ltd Wednesday reported a 63 percent fall in its December sales over the corresponding month previous year. In a statement, the company said it sold 2,321 units last month as against 6,340 units a year ago.