Volkswagen, Europe’s largest carmaker sold 4,039 units in June 2015 as compared to 3,079 units sold in the corresponding month, the previous year, marking an increase of 31% in overall monthly sales and an increase of 19% in Jan-June 2015. The increase is one of the biggest reported by any auto maker for June, though […]
TVS Motor Company recorded 8% growth in sales for the month of June 2015 with total sales increasing from 205,403 units recorded in the month of June 2014 to 222,099 units in the month of June 2015. The company’s total exports grew by 26% with sales increasing from 34,103 units in the month of June […]
After the Great Online Shopping Festival, it’s the Great Online Home Festival or GOHF. The ten day long online event, organized by Magicbricks, GroupM and Google – will be held from 18th July till 27th July, 2015. Property stock worth upto Rs. 3000 cr will be available for customers to choose from, Magicbricks said in […]
Flipkart, which has recently been overtaken by Amazon India as India’s most visited ecommerce website, has announced a new ‘Image search’ feature on its mobile app. With the app, you can take a snap of anyone wearing any dress, and that app will try to locate a similar dress for you. “The added feature has […]
State Bank of India has launched an enterprise-wide loyalty programme – State Bank Rewardz through which it will reward its customers for various types of banking transactions with the Bank. Customers will be enrolled automatically into this programme as soon as they start using at least one of services that offer points. Customers will be […]
Toyota Kirloskar Motor (TKM) said its sales fell 8% in June this year compared to last year due to maintenance downtime at its factory. “We sold 10,464 units in the domestic market last month, due to limited production on account of the planned shutdown. We deeply regret the inconvenience caused to our customers due to […]
India is likely to have pan-India mobile number portability from Friday, according to telecom industry sources. “Most of the glitches have been overcome, and all operators have implemented the technical changes,” said an industry source. The Department of Telecom had given a two month extension from May 3 — the last deadline — for the […]
Sales of Royal Enfield motorcycles, built by Eicher Motors, has jumped 48% in June, the company said. A total of 37,341 Royal Enfield bikes, including Bullets, were sold in June compared to just 25,303 sold in the June of last year. The number indicates an acceleration in the sales of Enfield motorcycles. They were rising […]
Lonely Planet India, the local arm of the prestigious travel guide company, has selected The Leela Kovalam situated in Kerala as the “Best Hotel for Relaxation” at its annual travel awards. The Raviz hotel has, in the past, won other awards from Lonely Planet India – Best Resort Hotel in 2012 followed by Best Hotel […]
Maruti Suzuki’s entry-level sedan, Ciaz, has seen a deceleration in sales in June after starting off very strong in October last year. The model, priced in the Rs 8-9 lakh category, had seen monthly sales of around 6,500 initially. In April and May of this year, sales was around the 5,000/month level. However, in June, […]
Mphasis, a leading IT services provider, said it has signed a definitive agreement to transfer a significant portion of its domestic business, subject to regulatory approvals, to Hinduja Global Solutions (HGS), a global BPM leader in optimizing customer experience for clients. In a separate statement, HGS said the move will add 7,000 “customer experience professionals” […]
Flipkart has been ranked second in top book sellers in the world according to a survey called ‘Top 40 Global Bookstore Mind Share,’ (BMS index). This survey which has assessed both offline as well as online book sellers across the globe has ranked Flipkart ahead of companies like Barnes & Noble of the United States, […]
Keeping up its aggressive new products initiative, Hero MotoCorp Ltd. (HMCL), the world’s largest two-wheeler manufacturer, today introduced ‘Xtreme Sports’ – the new sportier and more powerful version of its popular 150-cc motorcycle Xtreme. This is the second product launch from Hero MotoCorp in in the month of June, having earlier rolled out the new […]
Axis Bank, India’s third largest private sector bank has launched a Fixed Deposit scheme titled “Fixed Deposit Plus”, which gives customers a higher rate of return on their fixed deposit investment compared to regular Fixed Deposit rates. The differential rates on Fixed Deposit Plus with a lock in are currently available for a minimum period […]
State Bank of India and MakeMyTrip.com signed an agreement today which will see the travel portal make use of India’s biggest bank’s infrastructure to meet its finance and banking related requirements related to its online travel portal. “SBI aims at becoming a “One Stop” solution provider for the entire range of financial needs of e-Commerce […]
Sony will ‘air’ its mythological show, ‘Suryaputra Karn’ first on Sony LIV, its app, before airing it on its TV channel, Multi Screen Media said. “Fulfilling its promise of a digital-first approach, MSM is screening the pilot episode of this big-ticket primetime show exclusively on its digital entertainment brand on 29th June, 2015 at 4 […]
CNN, the international news channel, has withdrawn from its partnership with TV18 group that resulted in the formation of the CNN-IBN channel. The CNN logo will now be dropped from the CNN IBN branding. “The Parties have decided not to renew the arrangement,” TV18 Broadcast Ltd said. TV18 Broadcast is part of the Network18 group, […]
It’s a move that would be greeted with much glee by harried Bangaloreans, but commercial considerations are understood to have forced the civil aviation ministry to oppose the reopening of the city’s old airport at HAL. The airport in Hindustan Aeronautics Ltd was shut down in 2008 when the GVK-group’s Bangalore International Airport Ltd became […]
Housing.com, one of the most aggressive real estate classifieds firm in India, said it had sold 300 homes of builder Mantra Properties, worth over Rs 60 crores, within a month through a special campaign on its website. The achievement makes it one of the most successful online realty campaigns in India. The announcement comes close […]
India has extended additional Line of Credit (LOC) to the Government of the United Republic of Tanzania, of USD 268.35 million for financing the extension of Lake Victoria pipeline to Tabora, Igunga and Nzega in Tanzania. The loan has been routed through Export-Import Bank of India (Exim Bank). The line of credit agreement was signed […]
