Business Correspondent

Tata Motors Limited announced its sales in the domestic & international market, for Q1 FY23, which stood at 2,31,248 vehicles, compared to 1,14,784 units during Q1 FY22. The sales performance shows that total sales registered a 101% grow over last year.The total Domestic sales performance in June 2022 was 79,606 units against 43,704 units in June 2021. In June 2022, the total Domestic sales performance of Commercial Vehicles was 37,265 units against 22,100 units in June 2021. Domestic sale of MH&ICV in Q1 FY23, including trucks and buses, stood at 37,491 units, compared to 16,977 units in Q1FY22. Total sales…

Marico Innovation Foundation (MIF), a leader in recognizing game changing innovations, announced the 9th Edition of its flagship awards platform – Innovation for India Awards 2023. With the awards ceremony due to be held in February 2023 in Mumbai, the platform is now open for receiving applications. It invites innovators nationwide to participate and compete for the most widely recognized innovation awards. The platform will recognize innovations across 2 broad categories - Business: India-based “for-profit” organization including start-ups and corporate innovators, Social: India-based “not for-profit” individual or organization. The application window will be open from June 27th to July 31st,…

The world’s largest manufacturer of motorcycles and scooters Hero MotoCorp sold 13.90 lakh units in the first quarter of the Financial Year (April-June) 2022-23. This is a robust growth of 35.7% over the corresponding quarter of the previous fiscal, when the Company had sold 10.25 lakh units. Sequentially, this translates into a growth of 17% over the last quarter of the fiscal year (January-March) 2021-2022, when the Company had sold 11.89 lakh units. With sales of 4.85 lakh units of motorcycles and scooters in June 2022, the Company registered a growth of 3.3% over the corresponding month of the previous…

The Indian Institute of Entrepreneurship (IIE), Guwahati, signed a Memorandum of Understanding (MoU) with the Incubation and Enterprise Support Centre of Indian Institute of Management Shillong (IIMS) to boost the entrepreneurial ecosystem in the North Eastern Region. The objective of this partnership is to encourage entrepreneurship, incubation and startups in the North Eastern Region. In the presence of Shri Rajesh Aggarwal, Secretary, MSDE and many other dignitaries, Ms. Anuradha Vemuri, Joint Secretary, MSDE, Shri Sandesh Tilekar, Director, MSDE, Dr. Lalit Sharma, Director, IIE Guwahati, and Dr. D.P. Goyal, Director, IIM Shillong, signed the MoU. The MoU will be valid for…

‘Avantra by Trends’ a unique experiential ethnic wear destination store for women is coming up with one of the biggest Ethnic-Wear Sale of Upto 50% off from 24th June to 31st July 2022. It is a novel concept designed exclusively for the contemporary Indian woman who values tradition, culture, heritage and celebrates everything that’s ‘Indian’ and ‘Ethnic’. Categories participating in sale are Sarees, Lehengas, Blouses, Kurtas, Accessories, Jewellery, Footwear & Handbags. Store redefines contemporary Indian women’s shopping experience through impeccable store ambience, innovative and flexible retail experience between assisted service and self-service, saree drape styling station, non-shopper lounge, complementing product…

Nissan India has appointed Mohan Wilson as Director Marketing, Product & Customer Experience, for Business Transformation for India market. Mohan Wilson replaces Sriram Padmanabhan and will take over the role effective July 1, 2022. Mohan has worked across geographies in Japan, Hong Kong, Germany and India with cross functional experience of over 20 years in sales and marketing with expertise in areas of Brand building, MarCom, Product Marketing, Customer Experience, Corporate Strategy and Data driven Marketing. Prior to this, Mohan was head of Global Marketing Planning at Nissan Motor Corporation’s Premium car brand INFINITI at Global HQ in Japan and…

The Torch Run for the 44th Chess Olympiad scheduled at Mahabalipuram, Chennai touched down at Siliguri, West Bengal. Dr. Sankar Ghosh, member of the West Bengal Legislative Assembly received the torch at the renowned Salugara Monastery and handed it over to Grand Master Mitrabha Guha. He gave a simultaneous display against upcoming players during the occasion and a cultural program was also arranged. The next destination is Gangtok, Sikkim where another grand function is scheduled. India is hosting the 44th Chess Olympiad from 28th July to 10th August where 187 countries are participating. Yesterday evening, the Chess Olympiad Torch Flame…

Toyota Kirloskar Motor unveiled the new Urban Cruiser Hyryder, Toyota’s first Self-charging Strong Hybrid Electric SUV and the first of its kind, in the B SUV segment in India. The Urban Cruiser Hyryder with its bold and sophisticated styling and advanced tech features, making it a perfect choice in the segment. Based on the Advanced Body Structure, the Urban Cruiser Hyryder has been designed for a greener future, delivering a unique combination of exemplary dynamic performance, best in class fuel economy, quick acceleration, lower emissions and a smooth drive. The Urban Cruiser Hyryder is capable of running 40% of distance…

SMART Superstore large format supermarket from Reliance Retail has launched its first store in Suri. The store provides one-stop shopping experience by offering a wide range of products under one roof, ranging from Grocery, Fruits & Vegetables, Dairy to Kitchenware, Homeware, Apparel, Consumer Electronics etc. Smart Superstore now has a presence of 20 stores in West Bengal. The spacious store spread over 16,000sq feet will be largest Grocery Super Market. SMART Superstore with its strong value proposition coupled with guaranteed discount of min 5% below MRP, on the entire range of products throughout the year and other attractive offers such…

INDIA 2.0, an endeavour that began in 2018, is seeing the company break its own sales records and set new ones month after month. June 2022 has seen 6,023 ŠKODAs find new homes across India. This is after breaking a decade-old record with 5,608 units in March 2022. Year-on-Year, June 2022 is a rise of 721% compared to the 734 cars sold in June 2021. It crossed the annual sales of 23,858 units in 2021 with 28,899 units already sold in H1 2022. It is already beating projections and targets for 2022. Just last month, the company hit 205+ customer…