India News
Search Web Directory
 India News  
TVS Motor Company Related news
Spy shots of the TVS Apache RR 310S or earlier known as the Akula has once again surfaced the internet. The much-awaited motorcycle was spotted testing on Indian roads indicating that the launch will happen soon. The TVS Apache RR 310S is based on the Akula concept model that was showcased at the 2016 Auto Expo.

The TVS Akula RR 310S is a fully faired motorcycle that has been jointly developed by the Indian motorcycle manufacturer and BMW Motorrad, therefore, sharing its design cues with the upcoming BMW G310R.

TVS Automobile Solutions, part of TVS Group, has acquired Bengalaru-headquartered The start-up provides vehicle inspection technology and CRM solutions.

While the company officials were not available for comments, sources confirmed the development and said it was an all-cash deal.

Shares of TVS Motor Company surged over 5% to hit its 52-week high after the auto major posted a growth of 15.7% in sales during the month of May 2017, at 282,007 units as compared to 243,783 units sold during the month of May 2016.

The stock of the company rose as much as 5.5% to Rs 565 on the BSE. Over 1 lakh shares exchanged hands on the counter against its two-week average of 50,000 shares.

TVS Motor Company has roped in former Bajaj Auto's dealer in Central America for expansion in the region. The company expects around Rs 500 crore from Central America over the next three years.

Sudarshan Venu, joint managing director, TVS, said the company has tied up with Masesa, a large group in Central America, for distribution of two-wheelers and three-wheelers in Guatemala, Honduras, El Salvador, Costa Rica, and Nicaragua.

After the ban of sale and registration of two-wheelers compliant with BSIII emission norms from 1st April, 2017, a number of dealers offered heavy discounts to potential buyers. Since the decision was announced on 29th March, 2017, two-wheeler dealers which had its BSIII stock were left only with this option. In lieu of this, TVS Motor India is compensating its dealers who have faced losses by offering hefty discounts. The one-time provision amount totals to Rs 57 crore and the company is acquiring the leftover BSIII stock from the dealers as well. Most of this leftover stock will be exported to countries where BSIII emission norms are still compliant.

Two-wheeler major TVS Motor has earned patent related to a power propulsion system for a hybrid two-wheeler.

The application was filed on 2008 with the Chennai Patent Office making claims related to a power propulsion system for a hybrid two-wheeler provided with a hub motor.

Two- and three-wheeler maker TVS Motor Company closed FY 2016-17 with a total revenue of Rs 13,363.43 crore and net profit of Rs 558.08 crore, the company said.

In a statement issued here, TVS Motor said it earned a revenue of Rs 13,363.43 crore last fiscal, up from Rs 12,194.77 crore posted during the previous year.

TVS Apache RTR 160, Star City Plus and Sport have emerged victorious in different categories in a recent study conducted by JD Power, which annually ranks two-wheelers in terms of best-in-class quality and best-in-class customer APEAL through a detailed survey with over 9,000 customers. This study is the third survey of this dimension in India and globally it is the indicator of customer satisfaction.

TVS Motor, the two-wheeler major, said it would close this financial year, 2016-17 (ending this month), with a 14.3 per cent market share, close to its target of 15 per cent.

Also, that it would launch a new motorcycle and scooter brand, and that it had plans to invest Rs 350 crore in the coming financial year.

Two-wheeler auto-major TVS Motor said it would close financial year 2017 with a 14.3 per cent market share, close to its target of 15 per cent. The company also said it would be launching one new bike and scooter and that it had plans to invest Rs 350 crore in financial year 2018.

K N Radhakrishnan, CEO, TVS Motor, said that during the third quarter, the company's market share was 15 per cent. But from November to February, due to demonetisation, poor monsoon and other factors, the industry slowed down and so did the company's growth.

» Post a FREE Classified Advertisement
Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Classifieds Website.
Jobs in India India Real Estate Automobiles Matrimonials Beauty & Fitness

Most Read News

Invested in ITC to improve returns of policyholders: LIC response to PIL

Infosys pays $1 mn to New York state to settle visa violations

Tata to TCS: RIL becomes most valued Indian firm

Irdai directs Sahara India Life Insurance to stop underwriting new business

RBI makes Banks responsible for misselling third party products

More India News

Photo Gallery

Maruti Eeco(12 Images) Maruti Eeco
Akhil Akkineni(11 Images) Akhil_Akkineni
Shraddha Das(11 Images)Shraddha Das
Sundeep Kishan(11 Images) Sundeep Kishan
India Resource Center
» Free India Classifieds
Introducing IndiaCatalog Free Classifieds. Post your free classified ads. Inviting Real Estate Agents, Travel Agents, Job Placement Agents and others to post their advertisements for free.
» Global Web Directory
Web directory listing of Global companies. Send enquiries to international companies.
» India Yellow Pages
Yellow Pages for Mumbai, Delhi, Bangalore, Chennai, Kolkota, Hyderabad, Pune and more Indian cites.
» Logistics Directory
Find supply chain management consultants, freight forwarders, trucking companies in India.
» Photo Gallery
This page provides you with links to images of India displaying Celebrities Photos,Automobiles Photos,latest Movies Photos,Sports Photos,Photos of Bollywood Stars and many more.
» Agriculture Directory
Find Fresh Vegitables, Fruits, Basmati Rice, Meat, Poultry and Seafood producers in India.
» Real Estate in India
Real Estate directory of India. Find agents, builders and suppliers.
» Gems & Jewellery
Find jewellery, gems and diamond merchants in India.
  India Web Directory
Business Profiles
Automotive Directory
IT/ITES/BPO Directory
Hotel Directory
Health Directory
Business Directory
Gems & Jewellery
Education Directory
Real Estate Directory
Agriculture Directory
Logistics Directory
Yellow Pages
NRI Guide
Photo Galleries
Global Web Directory
*** FREE India Classifieds
Safety Tips For Classifieds
Order Premium Listings
Submit a Site
Business Reviews
About us
Link to us
Contact us
Google Search Keywords: India Catalog, IndiaCatalog, India Web Directory, India Free Classifieds
    © 1999 - 2017
    All Rights Reserved
Privacy Statement    
    © 1999 - 2017
    All Rights Reserved
Privacy Statement