s sales

Asian art seeing a resurgence in global market


September 18th, 2012 - 3:44 pm ICT by IANS
New Delhi, Sep 18 (IANS) Asian modern and contemporary art is witnessing a resurgence in the international market with buyers expressing confidence in its viability as a safe investment option ... Read more...

Posted in Life Style |

Bike sales in August down first time in three years


September 10th, 2012 - 3:30 pm ICT by IANS
New Delhi, Sep 10 (IANS) Motorcycle sales in India shrunk for the first time since 2009, data furnished Monday by the Society of Indian Automobile Manufacturers (SIAM) showed.India, which is ... Read more...

Posted in Business |

Hero MotoCorp expects sales to pick up in festive season


September 5th, 2012 - 5:54 pm ICT by IANS
New Delhi, Sep 5 (IANS) Hero MotoCorp Wednesday said it expects motorcycles sales to grow during the festive season after two straight months of fall in demand in line with ... Read more...

Posted in Business |

Volkswagen to reduce Polo, Vento prices to boost sales


September 4th, 2012 - 9:39 pm ICT by IANS
New Delhi, Sep 4 (IANS) German automobile major Volkswagen Tuesday said it will cut prices of the high-end variants of its Polo and Vento sedans and add a host of ... Read more...

Posted in Business |

Slowdown, inflationary pressures affect automobile sales in August (Roundup)


September 1st, 2012 - 9:34 pm ICT by IANS
New Delhi/Chennai, Sep 1 (IANS) Production losses at Maruti Suzuki, high interest rates and rising fuel prices resulted in lower sales for the auto industry in August.Crippled by a lockout ... Read more...

Posted in Business |

ONGC reports Q1 net profit of Rs.6,078 crore


August 11th, 2012 - 10:29 pm ICT by IANS
New Delhi, August 11 (IANS) Public sector oil and gas producer ONGC Saturday reported a net profit growth of 48.4 percent at Rs.6,078 crore for the quarter ending June 30, ... Read more...

Posted in Business |

Ashok Leyland’s sales grow, Bajaj Auto dip in July


August 2nd, 2012 - 7:18 pm ICT by IANS
Chennai, Aug 2 (IANS) City-based commercial vehicle major Ashok Leyland Ltd closed July with higher sales compared to the number of vehicles sold during the same month in 2011, while ... Read more...

Posted in Business |

Cancer-causing chemical found in baby milk in China


July 23rd, 2012 - 6:42 pm ICT by IANS
Beijing, July 23 (IANS) Five batches of an infant formula milk powder made by a Chinese company have been found to be tainted with a highly toxic aflatoxin, a substance ... Read more...

Posted in World |

Manesar violence blow to Maruti, may hit Japanese investment


July 20th, 2012 - 9:39 pm ICT by IANS
New Delhi, July 20 (IANS) The violent clashes between workers and management staff at Maruti Suzuki's Manesar plant in Haryana Wednesday may hit the leading car maker's plans to ... Read more...

Posted in Business |

Auto sales remain subdued in June (Roundup)


July 2nd, 2012 - 8:02 pm ICT by IANS
New Delhi/Chennai, July 2 (IANS) Amid a general slowdown of the economy, India's major auto companies posted meagre sales for June, blamed on hikes in fuel prices and interest costs.Passenger ... Read more...

Posted in Business |

Fiat sales take a hit in Europe


June 16th, 2012 - 3:34 pm ICT by IANS
Rome, June 16 (IANS/AKI) Fiat's sales in Europe have plummeted over the weak economy and a saturated market demand for vehicles from Italy's biggest carmaker.Sales fell 12.1 percent compared to ... Read more...

Posted in Business |

Sales slowdown for auto companies in May (Lead)


June 1st, 2012 - 9:10 pm ICT by IANS
New Delhi/Chennai, June 1 (IANS) Amid a general slowdown of the economy, India's major auto companies posted a decline or meagre sales in May owing to hikes in fuel prices ... Read more...

Posted in Business |

Maruti Suzuki’s May sales down five percent


June 1st, 2012 - 6:53 pm ICT by IANS
New Delhi, June 1 (IANS) Passenger car market leader Maruti Suzuki Friday reported a decline of its total sales, including exports, by five percent in May at 98,884 units from ... Read more...

Posted in Business |

Hewlett-Packard to slash 27,000 jobs


May 24th, 2012 - 8:30 pm ICT by IANS
London, May 24 (IANS) The world's largest maker of personal computers, Hewlett-Packard has announced plans to cut 27,000 jobs.The move, which will affect about eight percent of the company's ... Read more...

Posted in Business |

Maruti Suzuki’s Q4 net profit down three percent (Lead)


April 28th, 2012 - 9:57 pm ICT by IANS
New Delhi, April 28 (IANS) Passenger car major Maruti Suzuki Saturday reported a decline of three percent in its net profit which stood at Rs.639.8 crore for the fourth quarter ... Read more...

Posted in Business |

Maruti Suzuki’s Q4 net profit down three percent


April 28th, 2012 - 6:02 pm ICT by IANS
New Delhi, April 28 (IANS) Passenger car major Maruti Suzuki Saturday reported a decline of three percent in its net profit for the fourth quarter of 2011-12 which stood at ... Read more...

Posted in Uncategorized |

Chinese car multimedia maker CASKA to set up R&D; centre in India


April 19th, 2012 - 7:43 pm ICT by IANS
Kolkata, April 19 (IANS) Car multimedia systems manufacturer CASKA, owned by China-based Coagent Electronics S&T; Co, is planning to set up a research and development (R&D;) centre either in Chennai ... Read more...

Posted in Business |

US stocks mixed after downbeat housing data (Lead)


March 22nd, 2012 - 1:01 am ICT by IANS
New York, March 21 (IANS) US stocks traded mixed Wednesday after the latest report showed an unexpected decline in home resales, indicating the housing market was still facing a lot ... Read more...

Posted in Business |

Chinese vehicle manufacturer’s 2011 profits slump


March 2nd, 2012 - 2:45 pm ICT by IANS
Beijing, March 2 (IANS) Beiqi Foton Motor Co., one of China's largest commercial vehicle manufacturers, said Friday that its profits slumped nearly 30 percent year-on-year in 2011 due to falling ... Read more...

Posted in Business |

Chrysler sales jump


March 2nd, 2012 - 2:16 pm ICT by IANS
Chicago, March 2 (IANS) Chrysler Group LLC reported a 40 percent increase in February while Ford Motor Co.'s sales rose 14 percent and General Motors Co. added 1.1 percent beating ... Read more...

Posted in Business |

High prices behind weak demand for diamonds this V-Day


February 13th, 2012 - 6:22 pm ICT by IANS
Kolkata, Feb 13 (IANS) Diamonds may be woman's best friend, but due to high prices this year their Valentines may not buy them the rock as gift despite shoppers' preferred ... Read more...

Posted in Business |

TVS Motor logs five percent sales growth in January


February 1st, 2012 - 12:56 pm ICT by IANS
Chennai, Feb 1 (IANS) Two- and three-wheeler maker TVS Motor Company Ltd closed last month with a five percent sales growth compared to January 2011.Announcing the monthly sales figures Wednesday, ... Read more...

Posted in Business |

India Cements chalks plans to become pan-nation player


January 15th, 2012 - 2:16 pm ICT by IANS
New Delhi, Jan 15 (IANS) India Cements, a leader in southern India with a 28 percent market share, has charted an expansion plan to become a pan-nation player next year ... Read more...

Posted in Uncategorized |

Volkswagen’s China sales go up in 2011


January 13th, 2012 - 3:32 pm ICT by IANS
Beijing, Jan 13 (IANS) Volkswagen China said Friday that its auto sales rose 17.7 percent year-on-year to hit 2.26 million units in 2011.The figure was 3.4 percentage points higher than ... Read more...

Posted in Business |

Vehicle sales up 8.45 percent in December


January 10th, 2012 - 10:38 pm ICT by IANS
New Delhi, Jan 10 (IANS) Total vehicles sales across categories grew by 8.45 percent in the month of December at 14,13,709 units from 13,03,516 units in December 2010, the Society ... Read more...

Posted in Business |

Chinese man, baby shot dead in Italy


January 6th, 2012 - 6:09 am ICT by IANS
Rome, Jan 6 (IANS/AKI) A 31-year-old Chinese man and his nine-month-old baby daughter, who was in his arms, were shot dead by two men during a night-time robbery in Rome. ... Read more...

Posted in World |

Toyota’s December sales up 151 percent


January 1st, 2012 - 7:33 pm ICT by IANS
New Delhi, Jan 1 (IANS) Japanese automobile maker Toyota Sunday reported an increase of 151 percent in its sales for December 2011 which stood at 15,948 units."Despite challenging market conditions ... Read more...

Posted in Business |

Tata Motors’ November domestic sales zoom 44 percent


December 1st, 2011 - 6:14 pm ICT by IANS
New Delhi, Dec 1 (IANS) Automobile giant Tata Motors' Thursday reported an increase of 44 percent in its domestic sales for November at 72,474 units from 50,419 units it sold ... Read more...

Posted in Business |

Ranbaxy reports Rs.464.6 crore net loss


November 9th, 2011 - 6:37 pm ICT by IANS
Mumbai, Nov 9 (IANS) Pharmaceutical major Ranbaxy Laboratories Wednesday reported a net loss of Rs.464.6 crore for the quarter ended Sep 30. The company had posted a profit of Rs.308 ... Read more...

Posted in Business |

Ozone Ayurvedics plans to double turnover


November 3rd, 2011 - 7:41 pm ICT by IANS
Shimla, Nov 3 (IANS) Ozone Ayurvedics, an FMCG divison of the Ozone group of companies, is planing to double turnover to Rs.120 crore in 2011-12, a company official said here ... Read more...

Posted in Uncategorized |

Strike, interest rates dampen automobile sales


November 1st, 2011 - 9:02 pm ICT by IANS
New Delhi/Chennai, Nov 1 (IANS) Production losses at industry leader Maruti Suzuki and a slump in sales because of high interest rates and rising fuel prices have resulted in a ... Read more...

Posted in Uncategorized |

Ford India’s total sales grew in October


November 1st, 2011 - 4:52 pm ICT by IANS
Chennai, Nov 1 (IANS) Ford India, the Indian subsidiary of the American auto major Ford Motor Company, closed last month on a healthier note, selling 1880 units more than what ... Read more...

Posted in Uncategorized |

Despite record profits, Apple disappoints Wall Street


October 19th, 2011 - 11:43 am ICT by IANS
Washington, Oct 19 (IANS) Despite setting new sales and profit records over the last three months and blowing past the $100 billion mark Apple's revenue and earnings on the last ... Read more...

Posted in Uncategorized |

Jobs turns loser Apple into a big winner


October 6th, 2011 - 1:25 pm ICT by IANS
Washington, Oct 6 (IANS) In the 14 years since his return to Apple in 1997, Steve Jobs turned the company with a loss of more than $1 billion to a ... Read more...

Posted in Business |

Hyundai’s September sales up 12.4 percent


October 1st, 2011 - 7:36 pm ICT by IANS
New Delhi, Oct 1 (IANS) South Korea-based automobile major Hyundai's Indian subsidiary Saturday reported an increase of 12.4 percent in its sales for September at 57,808 units as against 51,444 ... Read more...

Posted in Business |

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