TVS re-launches Flame DS 125 Bike

TVS Flame Bike Relaunch

Leading two-wheeler maker, TVS Motors has again come up with its popular twin-spark plug ‘Flame’ bike, especially focusing on executive segment. TVS Flame DS 125 would be available at Rs 49,200 across all dealerships of the company.

TVS informed that two separate intake ports namely swirl and tumble ports are provided in the bike for getting better output and fuel efficiency. The firm added, “This swirl motion helps in efficient combustion of lean air-fuel mixture, thus giving maximum fuel economy in its class.”

Bajaj Auto and TVS grappled in a legal battle over production of twin bikes with twin-spark plug but the Supreme Court allowed TVS to go ahead with its production irrespective of reservation of Bajaj. However, the apex court is yet to give final decision on its marketing strategy.

The court has also directed the Madras HC for speedy disposal of the case and appointed a receiver for watching the manufacturing and sales of DS 125 by TVS.

TVS Motor president, marketing, HS Goindi, said, “We will comply with SC directive and keep an account of the sales. We have re-launched TVS Flame DS 125 in south and hope to cover other markets in three to four months.”


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Reliance Industries Purchase an Additional 0.68% Interest in EIH Ltd.

Reliance Industries Purchase an Additional 0.68% Interest in EIH Ltd.

Owner of Energy giant Reliance Industries, Mukesh Ambani has put in an extra 0.68% in EIH Ltd. With this, his total stake in the hotel chain has increased to 14.8%. In a filing to the Bombay Stock Exchange, EIH said that the shares were purchased from the market on Tuesday.

Shares of Reliance surged 0.3% at Rs. 939.3 in proportion to the Mumbai market at 1.26pm, while EIH shares witnessed a 4.5% rise at Rs. 150.2.

On Monday, Reliance was quoted saying that it is widening its horizon and has procured 14.12% stake in EIH for a sum of $217.5 million.

Bajaj Auto Records 55% Surge in Sales of Vehicles in August

Bajaj Auto Records 55% Surge in Sales of Vehicles in August

On Thursday, Bajaj Auto posted a 55% increase in its sales of vehicles. In the month of August, the Company recorded sales of 3,29,364 vehicles, compared to 2,13,072 units in the same month the year before.

Last month, 2,89,176 two wheelers were sold by Bajaj Auto, a big surge than 1,82,441 units, which were sold in August 2009. The Company’s cumulative sales of two wheelers for the time frame between April and August 2010 increased by 68% and were recorded at 1,397,348 units. The number was high from 833,235 units that were retailed during the same period last year.