Categories

Business Ideas
Business Opportunities
Corporate
Home Business
International Business
Management
Online Business
Public Company
Public Relations
Small Business

Popular Articles

OIL rejects Sibal's application for early retirement
State-run Oil India (OIL) has rejected the resignation offered by V K Sibal after he was reverted to the company following denial of extension as oil regulator amid reports of alleged favours to corporate houses.

Gold imports at 10-yr low, courtesy high prices
Global rates of the yellow metal jump 38.4% compared with 34% at home in 2009.

News of the day

Resurgence of the brand mascot
Vodafone’s much talked about Zoozoos were in the news again. This time round it was thanks to a merchandising tie-up with Shoppers Stop. Now Zoozoo fans had the opportunity to bring the fictional, winsome characters back into their lives, as a part of their apparel and attitude. Thinking back to the release of the Vodafone Campaign during the IPL, the response and stir created seemed almost unprecedented. By the time the first few ads were on air, Zoozoos had mutated from television screens to laptop wallpapers, editorial features, mobile screen savers and facebook wall posts and fan pages. The campaign managed to convert consumers into fansumers, i.e. endorsers and subscribers to the brand.
Home Business

Ashok Leyland expects 5% domestic sales growth this fiscal

Hinduja Group"s flagship company Ashok Leyland is revising its domestic commercial vehicle sales target to about five per cent this fiscal from an earlier estimation of flat or negative sales, on the back of reviving market demand. - Ashok Leyland slips on poor September sales - Ashok Leyland sales down 11.86% in September - Ashok Leyland Sept sales decline 11.86% - Ashok Leyland"s Pantnagar plant to go onstream soon - Ashok Leyland"s Pantnagar plant to go on floor in few months - Ashok Leyland may hike commercial vehicle prices by April "We are now revising our target upwards, maybe around five per cent from the previous (estimates) that domestic sales would either be flat or even turn negative," Ashok Leyland Executive Director (Marketing) Rajiv Saharia said here. He said the recent revival of sales in the commercial vehicle (CV) market has brought optimism. "In the last few months, the overall market has looked up and this has made us re-think. Now at least we are positive about an upswing," Saharia said. The Society of Indian Automobile Manufacturers (SIAM) says Ashok Leyland had a domestic sales of 47,632 units in 2008-09. Its cumulative sales in the domestic market during the first six months of the current fiscal were down 40 per cent at 19,396 units, as against 32,326 units during the same period last year. The company sold 4,813 units in September this year, registering a fall of 11.75 per cent over 5,454 units during the same month last year. "We expect a good second half during the fiscal with deliveries of 5,000 buses planned to various local and state transport bodies," Saharia said. Ashok Leyland has a contract for delivery of 5,000 buses by March 2010 to a number of transport bodies under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM). It is also set to deliver 875 ultra low entry (ULE) buses to the Delhi Transport Corporation (DTC) during the next six months. The company is also brining its Pantnagar plant on-stream within next few months. The plant would have an annual installed capacity of 50,000 units. Besides, Ashok Leyland is also increasing the capacity of its Alwar plant by 50 per cent this fiscal.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

© Copyright 2009