Published October 11th, 2007
in Mahendra&Mahendra.
The Mahindra Group is the latest entrant to retail sector. Mahindra Intertrade, a fully owned subsidiary of Mahindra and Mahindra, said it would be entering the organised retail business.
The retail foray of the Rs 18,000-crore group would be through the brand name “Mahindra Retail”.
Mr Raghunath Murti, Executive Vice-Chairman, Mahindra Intertrade, said, “The group believes that this is the opportune time to enter and extend its distribution business into direct retailing, when the organised retail market is expanding in India. As such, it is a natural extension of the group’s existing business,” he said. More
Courtesy:www.indiacar.net
Published October 11th, 2007
in General motors India.
General Motors (GM) India on Thursday said it will offer a discount of up to Rs 53,000 on its small car Chevrolet Spark as part of the centennial celebrations of its parent company General Motors Corp.
More
Courtesy:economictimes.indiatimes.com
Published October 11th, 2007
in Tata Motors.
Some of the vehicle makers have raised prices ahead of the key festival season, when sales have traditionally received a boost from manufacturer and dealer discounts, and employee bonuses. Tata Motors Ltd has raised prices on its entire range of commercial vehicles by 2.0-2.5 per cent to partially offset higher input costs and because of costs related to meeting stricter safety norms.
More
Courtesy:www.indiacar.net
Published October 11th, 2007
in Launches and Bajaj auto.
Gearing up for the festive season ahead with an aim to strengthen its position in the premium bikes segment, India’s second largest two wheeler manufacturer Bajaj Auto Ltd on Thursday introduced its new 200cc motorcycle ‘Avenger DTS-i’.
More
Courtesy:economictimes.indiatimes.com
Published October 11th, 2007
in Mahendra&Mahendra.
The Mahindra group is all set to enter the Indian retail market with a chain of premium lifestyle stores, reports Business Standard. More
Courtesy:www.indiacar.net
