Hero Honda Motors, India’s largest two-wheeler manufacturer, has launched a new model of its premium bike Karizma, which is offered at an ex-showroom price of Rs. 91,000 in New Delhi.The Karizma ZMR is equipped with a 225 cc fuel injection engine sports a digital ignition system."One of the key pillars of our winning strategy has been to consistently keep introducing new, advanced products and maintaining...
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NEW DELHI: A few quarters ago, these companies were the deviants — hiring when everyone else was curtailing headcount. Treading off the beaten path, however, seems to have paid off. Companies that increased their workforce during the slowdown seem to be reaping the benefits of increased profits vis-à-vis those that allowed employee numbers to dwindle, SundayET found. An analysis of the second-quarter...
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The world's largest two-wheeler manufacturer Hero Honda Motors Ltd (HHML) today said its sales for the month of October increased marginally to 3,54,156 units as compared to 3,52,449 units sold in the corresponding period last year.Hero Honda registered a more than three per cent growth in retail sales during the festival period (first day of Navratras to Diwali) over the exceptional record retail...
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world's largest two-wheeler manufacturer Hero Honda Motors Ltd (HHML) today said its sales for the month of October increased marginally to 3,54,156 units as compared to 3,52,449 units sold in the corresponding period last year.Hero Honda registered a more than three per cent growth in retail sales during the festival period (first day of Navratras to Diwali) over the exceptional record retail sales...
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Hero Honda Motors on Sunday reported a marginal increase in October sales at 354,156 units against 352,449 units in the same month last year. “We are happy to have clocked this healthy sales number in October given the large base of the previous year. It comes on back of a record retail sales achievement during the just-concluded festival season,” said Sr Vice-President (Marketing & Sales).Skoda sales...
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The Sensex was down 29 points at 16,469 levels and the Nifty dropped 0.2 per cent to 4,886.While metals and PSU stocks continued to trade higher, realty and IT counters were under pressure. The realty index on the BSE slumped 2.3 per cent.Among the Sensex stocks, Tata Motors led the gainers. The stock jumped 2.2 per cent. ACC, SBI and M&M were the other major gainers in the pack. However, Hero Honda...
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Motors has recorded 95% increase in net profit for the quarter ended September 2009. The company saw net profit of Rs 597 crore compared with Rs 306 crore in the same quarter last year. The company's net sales were Rs 4 , 059 crore , a 27 per cent increase over the Rs 3 , 202 crore recorded in the corresponding period last fiscal.“The company has been continuously reporting a strong balance-sheet and...
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MUMBAI: Tata Motors, the world’s cheapest carmaker, doubled its quarterly net profit as it sold more vehicles on improved loan availability and lower tax rates. But, the high level of profitability may not last long as commodity prices are rising, analysts say. The company, which manufactures the Nano cars priced just above a lakh of rupees, said net profit rose 110% to Rs 729 crore for the second...
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Hero Honda is sitting on a huge cash reserve of over Rs 4,000 crore andthe two-wheeler leader is looking at many options, including issuing specialdividend to its shareholders or capacity expansion, to use thefund.Hero Honda chieffinancial officer Ravi Sud told PTI that the company could consider severaloptions for utilising the huge cashreserve."Yes, we have a cashreserve of Rs 4,000 crore in our...
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Call it the trickle downeffect. Not only are their CEOs paid astronomical salaries, but the generosityof some of the top companies in India Inc seems to be extending to the rank andfile in their organisation as well.SundayET did a quick analysis ofthe average salaries of employees in India Inc and it turns out that telecomheavyweight Bharti Airtel bagged the top paymaster title, only to be followed...
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