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[2 Sep 2010 | No Comment | ]

New Delhi, Delhi, September 2  — Toyota Kirloskar Motor has registered a growth of 26% in sales in August 2010 compared to the same period last year. It sold 6361 units in August 2010 against 5045 units in August last year.
A growth of 62% has been recorded for the period January to August 2010, over the same period last year.
Commenting on the month’s performance, Mr. Sandeep Singh, Deputy Managing Director-Marketing TKM, said, “The Corolla Diesel that was launched in the end of July has lived up to our expectations with …

Business »

[2 Sep 2010 | No Comment | ]

2 Sep ; The country’s largest two-wheeler maker Hero Honda today launched a new variant of its one of the best-sellers — Super Splendor, priced at Rs 45,950 (ex-showroom, Delhi).
“The 125cc segment has been stagnant or even declining in the past one year, but we believe that we can grow the market. Our own expectation is to grow our own sales by about 15-20 per cent in the 125cc segment,” Hero Honda Motors Senior Vice-President (Marketing and Sales) Anil Dua said.
He, however, did not share the specific number of units …

Business »

[30 Aug 2010 | No Comment | ]

30 Aug : Faced with 31st August government deadline, BlackBerry mobile phone maker Research In Motion (RIM) on Monday gave in promising access to Indian security agencies to monitor all its services with immediate effect.
Nearly two months after insisting that it does not have the provision to grant access for such monitoring, RIM made certain proposals for lawful access of BlackBerry Enterprise Services (BES) and BlackBerry Messenger Services (BBM) by the law enforcement agencies.
RIM’s response came after the Home Ministry made it clear that Blackberry has to shut down its …

Business »

[28 Aug 2010 | No Comment | ]

By CA Manoj Kohli 28thAugust2010  In a move that could leave more money in the hands of people, the government on Thursday proposed to raise exemption limit on income tax from the present Rs. 1.6 lakh to Rs. 2 lakh. The new Act would usher in reduced tax rates and exemptions that may come into effect from next fiscal. The bill also proposes income tax for Rs. 2- Rs. 5 lakh slab to be 10 per cent, and 20 per cent on income up …

Business »

[22 Aug 2010 | No Comment | ]

Chandigarh, August 21, 2010: The  Council of The Sugar Technologists Association of India has conferred “Life Time Achievement Award” on city Entrepreneur, Vivek Varma, 44, an Agriculture Engineer & Managing Director of the local company, M/s Spray Engineering Devices Limited.
This award under the Industry Excellence category, is in recognition of Varma’s efforts towards the development of Indian Sugar Industry.  The award has been conferred during the 9th Joint Convention of STAI & SISSTA being held at Chennai Trade Centre Complex, Chennai, Tamil Nadu ending today.
Vivek Varma, already a recipient of …