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ABB lowers sales target, eyes $1 bn in savings

Last Updated: Wednesday, September 9, 2015, 16:26

Swiss-Swedish engineering giant ABB on Wednesday revised down its sales growth target for the next five years and unveiled a cost-cutting programme to rake in $1.0 billion in savings.

Aircel targets 10 mn customers in Assam, Rs 1,800 cr sales

Last Updated: Sunday, September 6, 2015, 11:54

The company currently has 46 lakh subscribers in Assam and aims to have 50 lakh people on-board by the end of this year, he added.

EU loses 168 billion euros in sales tax fraud, errors

Last Updated: Friday, September 4, 2015, 22:40

EU countries lost 168 billion euros (USD 187 billion) in sales-tax revenue in 2013 mostly due to fraud and errors, the European Commission said on Thursday.

BlackBerry buys Good Technology for $425 million

Last Updated: Friday, September 4, 2015, 21:38

Canadian smartphone maker BlackBerry on Friday bought rival mobile security provider Good Technology for USD 425 million in a move to broaden its software sales.

Toyota, Mahindra offer best car buying experience finds study

Last Updated: Friday, September 4, 2015, 12:57

When it comes to the art of selling of cars, it appears Mahindra and Toyota know best how to keep customers happy.

Maruti to go ahead with LCV launch in current fiscal

Last Updated: Wednesday, September 2, 2015, 11:36

LCV sales are still under pressure in the domestic market even as the other segments in the commercial vehicle segment have started showing some level of growth.

Hyundai to increase Creta output to 7,000 units a month

Last Updated: Wednesday, September 2, 2015, 11:23

Buoyed by strong response to its newly launched SUV Creta, Hyundai Motor India ltd (HMIL) is increasing the output of the model by over 16 percent to around 7,000 units a month.

Domestic car sales rise in August; Maruti, Hyundai lead

Last Updated: Tuesday, September 1, 2015, 20:17

Car sales in the country grew moderately in August with major auto makers such as Maruti Suzuki and Tata Motors witnessing increase in despatches, while Hyundai posted its best ever monthly sales with new models making significant contributions.

Royal Enfield sales surge 59% in August

Last Updated: Tuesday, September 1, 2015, 15:24

Royal Enfield, the two-wheeler division of Eicher Motors, today posted total sales of 42,360 units in August, up 58.99 per cent.

Mahindra & Mahindra sales up 1.29% in August

Last Updated: Tuesday, September 1, 2015, 15:03

It had sold 35,180 units in the same month last year, M&M said in a statement.

Hyundai sales up 13.50% to 54,608 units in August

Last Updated: Tuesday, September 1, 2015, 14:42

In the domestic market, Hyundai sold 40,505 units last month as compared with 33,750 units in August 2014, up 20.01 per cent.

Maruti sales up 6.4% in August

Last Updated: Tuesday, September 1, 2015, 11:23

Country's largest car-maker Maruti Suzuki India (MSI) today reported 6.4 percent rise in total sales at 1,17,864 units in August 2015, as against 1,10,776 units in the same month last year.