LIVE MARKET TRACKER :   BSE SENSEX   27506.71      |    NSE NIFTY 8319.00    
GLOBAL MARKETS :  NASDAQ 5097.98   -0.17%    |    FSI London 7040.92   +0.11%    |    NIKKEI Japan 20604.78   +0.26%
  USD GBP EUR CAD AUD INR
USD - 0.6523 0.9126 1.2420 1.3047 63.8330
GBP 1.5332 - 1.3992 1.9043 2.0004 97.8707
EUR 1.0960 0.7149 - 1.3612 1.4299 69.9610
CAD 0.8052 0.5252 0.7348 - 1.0505 51.3995
AUD 0.7668 0.5002 0.6998 0.9524 - 48.9471
INR 0.0157 0.0102 0.0143 0.0195 0.0204 -
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
Indian economy to grow in the range of 7.6-7.8 despite weak monsoon: ICRA
(27-May-2015)

Indian economy to grow in the range of 7.6-7.8 despite weak monsoon: ICRADomestic rating agency ICRA has said that the Indian economy will grow in the range of 7.6-7.8 percent in the current fiscal, despite the headwinds posed by muted global growth and an unfavourable monsoon......click on news to read complete article.

FM confident of GST regime coming into force from April 2016
(26-May-2015)

FM confident of GST regime coming into force from April 2016Finance Minister Arun Jaitley has expressed his confidence that Goods and Services Tax (GST) regime would come into force from April 2016. He said, 'GST bill is a constitutional amendment bill.... We hope......click on news to read complete article.

NMDC, MRPL, Tata Motors and GMR Infrastructure to see some action today
(26-May-2015)

NMDC, MRPL, Tata Motors and GMR Infrastructure to see some action todayThe country's largest iron ore miner NMDC has charted out a growth plan to take its iron ore production to 100 million tonnes (MT) by 2022. The state-run company's production, at present, stands at about......click on news to read complete article.

International Stock News
US markets closed lower; S&P, Dow suffers biggest drop in 3 week
(27-May-2015)

US markets closed lower; S&P, Dow suffers biggest drop in 3 weekThe US markets closed lower on Tuesday, with the S&P 500 and Dow suffering their biggest one-day declines in three weeks. A sharp increase in the dollar spurred global investors to dump riskier......click on news to read complete article.

US markets closed lower on Friday
(23-May-2015)

US markets closed lower on FridayUS markets ended in red terrain on Friday after hawkish remarks from Federal Reserve Chair Janet Yellen, who said the central bank will likely raise interest rates this year, as long as economic activity......click on news to read complete article.

US markets closed higher; S&P edges to fresh record
(22-May-2015)

US markets closed higher; S&P edges to fresh recordThe US markets closed higher on Thursday, sending the S&P 500 to a fresh record. Investors mostly brushed off a flurry of weaker-than-expected economic data a day after minutes from Federal Reserve's......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.