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| TVS motor’s two-wheeler sales
jump 5 pc in Apr NEW DELHI, May 1: TVS Motor Company today reported a 4.81 per cent jump in two-wheeler sales during April at 1,09,937 units as compared to 1,04,893 units for the same month previous year. ....more Bajaj Auto bike sales jump 23.6 pc in April NEW DELHI, May 1:India’s second largest two-wheeler maker Bajaj Auto Ltd today reported a 23.60 per cent growth in motorcycle sales during April at 2,03,081 . ....more Exports touches $16 bn in March NEW DELHI, May 1: India’s exports for March 2008 stood at 16.2 billion dollars, registering a growth of 26.59 per cent. Exports were at 12.8 billion dollar in March 2007. ......more Interest rates unlikely to rise in reasonable future: FM NEW DELHI, May 1: Finance Minister P Chidambaram today said he does not expect interest rates to go up in reasonable future following the RBI’s move to ...more |
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GM April sales up 24.3% NEW DELHI, May 1: General Motors India today said it has registered a sales growth of 24.3 per cent with 5,563 units in April 2008, compared 4,474 units to the corresponding period last year. Sales of the Chevrolet Tavera .....more Bollywood has no scope for creativity, says Lekh Tondon NEW DELHI, May 1: After proving his prowess with Shammi Kappor-starer ‘professor’ and several other movies and TV serials in .....more Maruti April domestic sales up 22 pc NEW DELHI, May 1: Country’s largest car maker Maruti Suzuki India Ltd today reported a 22.37 per cent increase in domestic sales in April at 59,539 units ....more No changes in onion mep, southern varieties up by USD 50/tonne NEW DELHI, May 1: With onion prices remaining stable in the domestic market, co-operative major Nafed has decided ....more |
TVS motor’s two-wheeler sales jump 5 pc in Apr NEW DELHI, May 1: TVS Motor Company today reported a 4.81 per cent jump in two-wheeler sales during April at 1,09,937 units as compared to 1,04,893 units for the same month previous year. During the month, motorcycle sales stood at 58,202 units, against 53,499 units last year, while in the scooter segment, 19,034 units were sold as compared to 18,798 units in April 2007, TVS motor said in a statement. However, exports rose by 41.24 per cent to 10,213 units in April as against 7,231 units in the corresponding period a year ago. "In keeping with its intention to introduce seasonal limited editions every year, tvs motor company has signed up with the All England Lawn Tennis Club (AELTC) as a licensee and will bring out two limited edition scooters, design of which will be inspired by the spirit of wimbledon," the statement said. The company would further strengthen its premium segment with the launch of the ‘fuel injection’ variant of ‘Apache RTC’, it said. "It will be the first time that the company is offering fuel injection technology in the 160 cc category," the company said. (PTI) Bajaj Auto bike sales jump 23.6 pc in April NEW DELHI, May 1: India’s second largest two-wheeler maker Bajaj Auto Ltd today reported a 23.60 per cent growth in motorcycle sales during April at 2,03,081 units against 1,64,304 units in the same month last year. The company’s total two-wheeler sales also rose 23.08 per cent during the month at 2,03,930 units as compared to 1,65,692 units in April last year, BAL said in a statement. Total three-wheeler sales, however, were down by 26.47 per cent at 17,913 units as compared to 24,360 units in the 12 month-ago period. Exports however increased, showing a growth of 41.79 per cent, to 73,624 units from 51,926 units in the year-ago period. Bajaj auto said owing to strong sales in the XCD, Discover, Avenger and Pulsar series, which grew by 34 per cent, the company performed well. "The company’s immediate strategy is to introduce four well-positioned `125cc Plus’ motorcycles in Fy09 in its endeavour to expand the `125cc plus’ segment to represent 50 per cent of the industry by March 2009," the statement said. The company is expecting to export over eight lakh units this year, it added. (PTI) Exports touches $16 bn in March NEW DELHI, May 1: India’s exports for March 2008 stood at 16.2 billion dollars, registering a growth of 26.59 per cent. Exports were at 12.8 billion dollar in March 2007. Imports for the month grew by 35.24 per cent to 23.17 billion dollars, as against 17.1 billion dollars in the same month last year. Exports for fiscal 2007-08 stood at 155.5 billion dollars, a growth of 23 per cent over the 126.4 billion dollar in 2006-07. Imports grew 27 per cent to 235.9 billion dollars, as compared to 185.7 billion dollars in 2006-07. (PTI) |
| India, China to clock over 8 pc
growth in next two yrs: S&P NEW DELHI, Apr 30: Notwithstanding the recent turmoil in the global markets, two of Asia’s largest economies India and China will grow at 8 per cent or above in the next two years, says global rating agency S&P in its latest study. According to the report titled ‘Asian Resilience Amid Global Turbulence’ strong regional drivers are expected to insulate the Asian economies from the adverse impact of a moderate recession in the US. "Two of the three largest economies - China and India -are also the fastest growing and, together, they will continue to grow at about 8 per cent (or above) over the next two years. This provides the region with enormous momentum," S&P’s Asia-Pacific Chief Economist Subir Gokarn said in a statement. Even though the growth rates of Asia-Pacific would slow somewhat, the region would still grow at a relatively fast pace in 2008 and 2009 - buoyed by China and India, he added. As per S&P, an important factor in the Asia-Pacific region’s resilience is ability to exploit growth opportunities through greater regional economic integration. "Increasing integration is reflected in the overall thrust of trade policy in the region, which has seen a significant increase in intra-regional trade and broader agreements," the credit rating agency said. However, Gokarn cautioned that the region still faces key risks including a prolonged US economic slump and hikes in food and fuel prices. "There are some visible threats to the region in the form of food and energy prices, which may adversely affect performance over the next couple of years," he said, adding that managing these risks would be an important challenge facing policymakers across the region. (PTI) |
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Bollywood has no scope for creativity, says Lekh Tondon NEW DELHI, May 1: After proving his prowess with Shammi Kappor-starer ‘professor’ and several other movies and TV serials in good old days, Director Lekh Tondon has become estranged from making Bollwood films believing the industry has "lost its scope for creative freedom." The filmmaker says that the artists’ creativity is suppressed due to commercial compulsion of film makers. "Bollywood has become a corporate business. You have to be focused on commercial profit rather than on your creativity. The chances of experiment is very less," says Tondon adding "absolutely, this is the reason why I have stopped making Bollywood films and shifted to small screen long back." The Director also feels that Aamir Khan’s ‘Taare Zameen Par’ and Ajay Devgan’s ‘U, Me Aur Hum’ are some of the outcome of suppressed creative thrust of the actors. "Its because of their dissatisfaction... They (Aamir Khanand Ajay Devgan) are not satisfied with what they are doing. Can any producer do what Aamir Khan has done in "Tare Zameenpar"? asks Tondon while commending recent works of a few actor-turned-directors in Bollywood. Tondon also refuses to believe the financial constraints in making films meaningful and socially relevant. "Financial problems can not become obstacles. Not only Aamir Khan can take risk because he can afford, Shyam Benegal takes risk even in less money," adds Tondon who always believe in working on socially relevant themes. On the recent Pakistani film ‘Khuda Ke Liye’ made by Pakistani Director Shoab Mansoor, Tondon says that a character of Muslim cleric (played by Nasiruddin Shah) has made a significant comment indirectly towards communalism. "Actually, we should not talk about what we have against each other. Instead, we should talk what we have in common," says the Director who is planning to make a serial on partition. "More that sixty years have passed. I want people to think what we have gained and what we have lost in this period. After all we have so much in common. Who can say in India that I don’t know about sufi music and ghazals? Who doesn’t know about the Indian classical music in Pakistan?" asks Tondon. (PTI) |
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