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Hero MotoCorp on Friday said its 200-cc adventure bike XPulse 200 has crossed 10,000 sales mark in Kerala . Designed and developed completely in-house at the company's Jaipur-based R&D hub, the model has redefined the 200cc motorcycle segment, the company said. "Xpulse has been resonating very well with biking enthusiasts across the country and it's great to see an immensely positive response from them. Kerala is the first state to have crossed the milestone of having it's 10,000 happy customers," Hero MotoCorp Head - Sales and Aftersales Naveen Chauhan said in a statement. In keeping with the vision to be the future of mobility, the company will be launching a host of new motorcycles and scooters over the next five years, in addition to expanding its global footprint, he added. The XPulse 200 comes with a 200cc oil-cooled BS-VI compliant engine. On January 21, 2021, Hero MotoCorp surpassed the 100 Million (10 crore) units mark in cumulative production. ... » Learn More about Hero MotoCorp adventure bike XPulse 200 crosses 10k sales mark in Kerala

Hennes & Mauritz has announced Yanira Ramirez as the new country sales manager , four months after its India head Janne Einola quit the company. Ramirez , an 18-year H&M veteran, has previously worked as the global sales manager for H&M’s fashion brand &Other Stories. “Yanira takes over as H&M India’s new country sales manager and will be based out of H&M India’s head office in New Delhi,” the company said in a statement on Tuesday. H&M first head of India Einola had quit the company five years after he launched the world’s second largest fashion brand in the country. A qualified lawyer, Ramirez joined H&M 18 years ago. Originally from Mexico, she started her retail career with H&M in the United Kingdom as a store sales adviser and then moved on to become an area manager. She also served as the country HR head for H&M in the United Kingdom and then joined the global sales and operations HR team in Sweden, the company said in ... » Learn More about Hennes & Mauritz announces Yanira Ramirez as new country sales manager

APCC president S. Sailajanath on Wednesday exhorted people to wage a united struggle to stop the Centre’s strategic sale of the Visakhapatnam Steel Plant (VSP), which he said was the pride of Andhra Pradesh. Addressing an all-party meeting chaired by APCC vice-president Sripathi Prakasm, he said it was time for all the parties to shed their political differences and come together onto a common platform to exert pressure on the Centre to give up privatisation of the VSP, which was achieved after a protracted struggle and supreme sacrifice made by people more than 50 years ago. Describing the Centre’s decision as the “biggest land scam” in the State, Mr. Sailajanath said the ruling YSRCP in the State was hand in glove with the ruling BJP at the Centre with an eye on the huge land bank with the VSP. “Now, the YSRCP is feigning ignorance on the privatisation issue after showering praise on the Union Steel Minister Dharmendra Pradhan,” he said, and added that Chief Minister Y.S. Jagan ... » Learn More about Congress calls for a united struggle to prevent sale of Vizag steel plant

Video Player Close BEIJING, Feb. 27 (Xinhua) -- China's passenger vehicle sales are expected to surge 377 percent year on year to around 1.19 million units in February due to the low base factor last year, according to a report from an industrial association. On a monthly basis, the sales of passenger cars, including sedans, sport-utility vehicles and multipurpose vehicles, will fall 44.9 percent considering the low demand during the country's seven-day Spring Festival holiday, data from the China Passenger Car Association (CPCA) showed. The association expects the country's auto market to resume recovery this month, boosted by effective epidemic control and the government's pro-consumption measures. Last month, the new-energy vehicle market maintained strong growth, which will further drive the country's auto market to expand, said the CPCA. The wholesale volume of new-energy passenger vehicles registered solid growth last month, soaring 290.6 percent year on year to ... » Learn More about China’s passenger car sales expect to reach 1.19 mln in February

For Quick Alerts Subscribe Now Jaipur Literature Fest: Congress MP Shashi Tharoor lauds Professor Michael Sandel on his new book View Sample For Quick Alerts ALLOW NOTIFICATIONS For Daily Alerts #Uk Court Nirav Modi accused of running ponzi-like scheme that caused enormous damage #Uk Court Expeditious extradition of Mallya, Nirav Modi from US sought #Uk Court Nirav Modi’s extradition case enters final stage in UK #Uk Court Own one car, sold jewellery: Anil Ambani tells UK court #Uk Court Indian man extradited to UK on rape, murder charges gets lifer #Uk Court Suman Kumar, the CBI officer who brought Vijay Mallya down Just In 4 min ago Delhi: 55-year-old man killed by speeding Mercedes in Vasant Vihar; driver granted bail 32 min ago Labour rights activist Naudeep Kaur released from prison after HC grants bail 43 min ago Uber, ... » Learn More about Strong words: UK court rubbishes Katju’s comparison of Modi govt to Hitler

industry 's competitiveness, a trade industry body said on Friday, as production tumbled to its lowest January level since 2009. Sunak is due to detail how he will further support the economy amid COVID-19 restrictions on March 3. The Society of Motor Manufacturers and Traders ( SMMT ) said the furlough scheme that protects jobs should be extended, more support for training was needed and manufacturing investment should be encouraged through reform of the business rates tax. "Next week's budget is the chancellor's (finance minister) opportunity to boost the industry by introducing measures that will support competitiveness, jobs and livelihoods," SMMT Chief Executive Mike Hawes said. "We need to secure our medium to long-term future by creating the conditions that will attract battery gigafactory investment and transform the supply chain." Output in January fell by 27% year-on-year to 86,052 vehicles, hit by factors including dealership closures during a latest ... » Learn More about UK car sector seeks government support as output tumbles

Volkswagen said Friday it made better than expected profit of 8.8 billion euros ($10.7 billion) after tax in 2020 despite the pandemic. The world's No. 2 automaker said the rapid recovery of China, its largest single market, and resilient sales of luxury vehicles helped the bottom line. The company gave an upbeat outlook for this year, saying it would carry momentum from the stronger second half of the year over into earnings going forward. It predicted earnings would be in the top part of its forecast range and that sales revenue would be "significantly higher," assuming successful containment of the COVID-19 pandemic. The results underline the uneven impact of the pandemic. Manufacturing companies like Germany's three big carmakers - Volkswagen, BMW and Daimler - have seen their sales and earnings hold up better than those for services, tourism and air travel companies. The earnings figure was off 37% from 2019. Sales revenue was down 11.8% at 222.9 billion euros, but ... » Learn More about Volkswagen weathers pandemic with $10.7 billion profit

Freeport-McMoRan Inc is set to approve expansions at several of its U.S. copper mines to capitalize on surging demand for the red metal as President Joe Biden moves to electrify the nation's automobiles and combat climate change , Chief Executive Richard Adkerson told Reuters. The expansions would be a major bet on the U.S. economy - one of the company's largest markets - and also on the rising demand for electric vehicles (EVs), which use twice as much copper as internal combustion engines. Adkerson also said he has no desire to combine Freeport with Barrick Gold Corp or another gold producer and is working to give COVID-19 vaccines to about 25,000 workers at the Grasberg copper mine in Indonesia, which Freeport owns with that country's government. He also is aiming to double the size of the company's board of directors. Phoenix-based Freeport already produces more than 1 billion pounds of copper each year in the United States, little of which is exported. While ... » Learn More about Freeport eyes U.S. expansions as Biden’s EV plan boosts copper demand

auto parts maker Sogefi appointed Frederic Sipahi as its new CEO on Friday after posting a 22.4% drop in 2020 core profits as an uptick in sales in the fourth quarter was not enough to offset the impact of the coronavirus crisis. The Milan-based company, which develops and produces filtration, air management and engine cooling systems as well as suspension components, said full-year earnings before interests, taxes, depreciation and amortization (EBITDA) came in at 137.6 million euros ($166.69 million), while revenues fell 14.2% at constant exchange rates to 1.2 billion euros. Sogefi, which provides original parts to some of the world's major carmakers such as General Motors , Toyota and Volkswagen , expects to return to a full-year net profit this year from a net loss from operations destined to continue of 19.6 million euros in 2020, thanks to measures put in place to cut the impact of fixed costs and to improve profitability. By 1450 GMT, the stock was down 2.8% ... » Learn More about Sogefi appoints new CEO, virus weighs on 2020 results

MOSCOW: Russia should ensure its natural gas and LNG supplies do not compete in international markets , Gazprom said on Thursday, amid signs a local LNG rival is becoming increasingly important in the European market traditionally dominated by Gazprom. Moscow has for years said its pipeline gas, which only Gazprom has a right to export, and liquefied natural gas (LNG), would never compete, with its LNG targeting mainly Asia and parts of Europe not served by natural gas pipelines. However, Yamal LNG, led by Russia's top private gas producer Novatek , shipped 33.5 million tonnes of LNG to Europe between 2018 and 2020, Refinitiv Eikon data showed, compared with 8.8 million tonnes sent to Asia. Russia, home to the world's biggest gas reserves and the second largest gas producer globally after the United States, aims to boost LNG output nearly threefold to 140 million tonnes in 15 years, to add to the gas it supplies the pipelines. Some in the industry hope its LNG may ... » Learn More about Russian LNG, natural gas shouldn’t compete in export markets, Gazprom says