LIVE MARKET TRACKER :   BSE SENSEX   28442.10      |    NSE NIFTY 8606.00    
GLOBAL MARKETS :  NASDAQ 4931.81   -1.52%    |    FSI London 6994.63   -0.93%    |    NIKKEI Japan 19652.88   -1.17%
  USD GBP EUR CAD AUD INR
USD - 0.6702 0.9258 1.2246 1.2851 62.5560
GBP 1.4968 - 1.3858 1.8330 1.9236 93.6338
EUR 1.0810 0.7244 - 1.3238 1.3892 67.6230
CAD 0.8171 0.5476 0.7565 - 1.0501 51.1162
AUD 0.7786 0.5218 0.7209 0.9535 - 48.7067
INR 0.0160 0.0107 0.0148 0.0196 0.0205 -
Indian-Commodity  :  Corporate  :  M&M's Ssangyong Motor reports 11,871 vehicle sales in December 2012

M&M's Ssangyong Motor reports 11,871 vehicle sales in December 2012 (05-Jan-2013)

Mahindra and Mahindra's (M&M) - Korean subsidiary - Ssangyong Motor has reported total sales of 11,871 vehicles in December 2012 which includes 5,365 vehicles in domestic sales and 6,506 in exports including CKD.  For four consecutive months Ssangyong's sales exceeded 10,000 vehicles with an increase of 37% from the same month last year.

The domestic sales hit a monthly record high, increasing by 21.8% compared to the previous month and 53.2% compared to the same month last year thanks to an upward trend in sales of the Korando series. Exports also showed a steady growth with an increase of 26% as compared to the same month last year. Ssangyong's cumulative sales in 2012 recorded 120,717 vehicles, including 47,700 vehicles in domestic sales and 73,017 in exports with a year-on-year increase of 6.8%, despite a sluggish global economy.

Besides, its cumulative domestic sales recorded the highest growth of 23.4% compared to the last year among the automakers through sales increase of refreshed models such as the Korando C and Korando Sports. Exports were at the same level as last year's highest sales boosted by the Russian market. Exports to the Russian market stood at 32,328 vehicles and this is the first time the company has recorded annual exports of over 30,000 to a single country.


Top News Today
S&P raises concern over policy logjam and red tape
(17-Apr-2015)

S&P raises concern over policy logjam and red tapeThe global rating agency Standard and Poor's (S&P) after making rating outlook upgrade for India has raised concern over policy logjam and red tape, which have hindered investments in India. In......click on news to read complete article.

TCS, Gruh Finance and Pidilite Industries to see some action today
(17-Apr-2015)

TCS, Gruh Finance and Pidilite Industries to see some action todayTata Consultancy Services posted a better than expected rise in net profit led by strong worldwide client spending. The company posted a 30.7 per cent fall in net profit for the fourth quarter due to a......click on news to read complete article.

DGCA planning to conduct financial audits of aviation players
(16-Apr-2015)

DGCA planning to conduct financial audits of aviation playersAmid the hue and cry of aviation players' financial crunch, the aviation regulator, the directorate general of civil aviation (DGCA) is planning to conduct a financial audit of Indian carriers to check......click on news to read complete article.

International Stock News
US Markets suffer sharp slump on Chinese worries
(18-Apr-2015)

US Markets suffer sharp slump on Chinese worriesUS markets suffered sharp selloff on Friday, with all the major averages witnessing cut of over a percent and partly offsetting the upward move seen over the past two weeks. Although, there was positive......click on news to read complete article.

US markets end mildly in red on weak economic data
(17-Apr-2015)

US markets end mildly in red on weak economic dataUS markets ended mildly in red on Thursday on getting some disappointing economic data. There was uncertainty about the near-term outlook for the markets following the upward move seen over the past two......click on news to read complete article.

US markets bounce back led by rally in energy stocks
(16-Apr-2015)

US markets bounce back led by rally in energy stocksThe US markets made a good bounce back on Wednesday led by rally in energy stocks on substantial increase by the price of crude oil. With the gains, the major averages ended the session at their best closing......click on news to read complete article.

 

     
  
Recent Corporate News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.