Monday, August 18, 2014

Hyundai Motor India launches all-new Elite i20

Hyundai Motor India Ltd. (HMIL) has just unveiled the all-new Elite i20. Aimed at setting a new standard for premium hatchback, the launch marks the world premier of the 2nd generation of i20 in India.

A sporty, dynamic and innovative hatchback with class leading unique features, the all-new Elite i20 has been designed using Hyundai’s evolved Fluidic Sculpture 2.0 philosophy. Displaying a refined, premium style, the vehicle showcases Hyundai’s sleek exterior and intuitive interior design ethos, projecting a harmonious and sporty appearance.

The all-new Elite i20 design concept focuses on evolved aesthetic and confident perfection. Premium equipment, style and driving dynamics deliver a feeling typically associated with vehicles in the segment above. The new model successfully fulfills the need for driving pleasure of customers, while evoking a sense of confidence and class at the same time.

Speaking at the Global Debut of Elite i20, Mr. B.S. Seo, Managing Director & CEO, said: “The Elite i20 is a world-class product designed, developed and engineered to excellence to deliver value beyond expectations. The new model will offer a premium ownership experience for novelty seeking, modern and premium elite customers. The all new Elite i20 features youthful sporty exterior and premium interior which are an expression of evolved design language – Fluidic Sculpture 2.0. The Elite i20 will be a trend-setter model reflecting Hyundai’s Modern Premium brand direction and will fuel Hyundai’s growth in India”.

Enhanced driving dynamics & reduced NVH levels were priorities for the product development team. The all-new Elite i20 will set a new standard for ride and handling in premium compact segment.  Extensive testing and tuning as per Indian road conditions has been set out to improve the ride characteristics of the all-new Elite i20 resulting in enhanced driving performance. The vehicle is available with choice of high performance and reliable petrol & diesel engines. Its powertrains have been engineered for delivering a combination of high performance and high fuel efficiency.

Bajaj launches Discover 150 twins to add excitement in everyday riding

Bajaj Auto has come out with two completely new offerings from the Discover stable – the Discover 150F with large half fairing and the Discover 150S with standard fairing. These Discover 150 bikes break away from the current basic bikes available in the market to give the consumer an exciting and energizing ride.

Since their launch in 2004 the Discover bike range has been known for their modern distinctive styling and responsive performance. The Discover 150F takes this to an all new level with half fairing, the first to be introduced in the commuter segment.

Commenting on the launch, Mr. Eric Vas, President (Motorcycle Business), said: “The newly-launched Discover 150 breaks the monotony and drudgery of daily commute by providing the rider with a reserve of power to enjoy his ride. Its advanced 4 Valve 145 cc DTS-i engine delivers a class leading 14.5 Ps power and CMVR mileage of 72 kmpl, the new Discover 150 will appeal to those who value the time spent during their daily commute on their bikes. Today’s customers are progressive and modern and want to be recognized as such by their family, friends and colleagues. The half fairing Discover 150F will strongly appeal to both their sense of style and expectation on performance.”

The new bikes, besides offering an unbeatable combination of excellent power and great mileage, are also loaded with a host of other features many of which are a first within this category:

4 valve 145 cc DTS-I engine, to deliver an unbeatable combination of 14.5 Ps power & 72 kmpl mileage, mono-shock with nitrox suspension for superior comfort, petal disc brake for sure-shot braking, digital speedometer for greater accuracy and aesthetics, wide tubeless tyres for better road grip and safety, and DC lighting consistent bright light even at low speed.

Discover 150 F (half fairing) will be available at a price point of Rs. 60,680 (ex-showroom Chennai). Discover 150 S (standard fairing) will be available at a price of Rs. 53,554 (ex-showroom Chennai) for drum and Rs. 56,605 for disc variant (ex-showroom Chennai).

Both the options will be available in four colors – dark blue, wine red, ebony black and dark bottle green.

Bank of Maharashtra celebrates 68th Independence Day

On the occasion of the 68th Independence Day, Mr. S. Muhnot, Chairman & Managing Director, Bank of Maharashtra, hoisted the National Flag along with the Executive Director, Mr. R. Athmaram, and other top management colleagues and staff at its Head Office, Pune, and wished well all the staff and their family members.

Addressing them, Mr. Muhnot stressed upon making the country financially independent with “Comprehensive Financial Inclusion”. He advised all the staff to focus more on inclusive growth by serving the common man of the country. He emphasized on whole-hearted participation and involvement of the staff and reminded the important role of banker for serving the country by achieving the country’s objective for financial inclusion and contributing in economic growth of the country.

XS Real bags Award

XS Real is happy to announce that its project “Siena” located at Padur, OMR, Chennai, has been recognized as the Best Residential Project by CMO Asia during its convention held in Singapore and has been well rewarded.

The Siena project has been conceived as a Tuscan Architecture; it was a challenge to bring this theme into a multi-storeyed building. Both the design and execution teams took up this challenge, and the Award received by the company speaks volumes of its efforts.

According to company sources, the Award spurs the management to do more theme-based projects that will decorate the skylines of Chennai.

Mahindra Two Wheelers launches sporty new Rodeo UZO 125

Mahindra Two Wheelers Ltd. (MTWL), a part of the $16.5 billion Mahindra Group, has launched the sporty new Rodeo UZO 125. With this scooter, Mahindra aims to redefine current benchmarks in the scooter market with head turning style, rally winning performance and unique features.

The UZO 125 has striking new racing style body graphics and coloured wheels which give it a dramatic and sporty presence. The look is further enhanced by the two tone dual texture seat which has been especially designed to minimize slippage when accelerating and under sharp braking.

The UZO 125 is one of the most technologically advanced scooter on Indian roads today. It is also the only scooter in the country to be equipped with advanced DCDI technology and the ATLA system ensuring better performance and lower maintenance over the long term. The UZO 125 rides on a finely tuned suspension with heavy duty telescopic suspension up front, giving it the ability to win in dirt rallies and on rough Indian roads.

The UZO 125 is packed with technology features not found in any other scooter in India including external front fuelling and a fully digital dashboard that incorporates the functions of a speedometer, tachometer, odometer, tripmeter, fuel indicator, clock, high speed alarm and an accelerometer. The UZO 125 comes with an easily accessible charging point which is standard to charge mobiles and other digital devices. It also has the largest storage space amongst scooters in India at 22 litres. This space is illuminated and protected by a 4-in-1 anti-theft key to ensure the UZO 125’s security is never compromised.

The UZO 125 delivers ARAI mileage of 59 kmpl and comes in 4 exciting sporty color choices – Racetrack Black, Colt Black, Victory Violet and Blazing Blue.

The Rodeo UZO 125 is a complete package and has been designed keeping the youth in mind. It comes at an extremely competitive price of Rs. 47,957 (ESR-Delhi).

Speaking at the launch, Mr. Viren Popli, Chief of Operations, Mahindra Two Wheelers Ltd., said: “The Rodeo UZO 125 redefines the scooter segment on many fronts, creating new benchmarks on performance, technology, features, convenience and style. The UZO 125 is targeted at youth looking to own a scooter that reflects their winning style and modern outlook.”

Honda’s first-ever Traffic Park in Maharashtra opened

Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) has unleashed its latest step for spreading road safety awareness in India by bringing its first traffic park in Maharashtra and its sixth overall in India.

Honda has collaborated with the Yeola Industrial Co-operative Estate Ltd., an undertaking of Maharashtra Industrial Development Corporation (MIDC) for operation and maintenance of revamped traffic Park in Yeola, Nashik.

The new traffic park was inaugurated by the chief guest, Mr. Chaganji Bhujbal, Minister - PWD & Tourism, Government of Maharashtra, and the special guest, Mr. Vikram Gaikwad, President, Yeola Industrial Co-operative Estate Ltd., in the presence of Mr. Shreenath Kamlapurkar, Assistant General Manager - West Region Sales, Honda Motorcycle & Scooter India Pvt. Ltd.

Mr. Yadvinder S. Guleria, Vice President, Sales & Marketing, Honda Motorcycle & Scooter India Pvt. Ltd., said: “At Honda, we truly believe that as we grow, our social responsibility too gets bigger. The renovated Late Mohan Gunjal Traffic Park is our sixth traffic park in India and first in Maharashtra. It is a significant step towards meeting our commitment of making safe riding an everyday habit of all two-wheeler riders. As a good corporate citizen, Honda will continue to invest in educating the riders and inculcating safe riding habits across India.”

Speaking on the occasion, Mr. Shreenath Kamlapurkar said: “At the late Mohan Gunjal Traffic Park, Honda will provide ‘Lifetime Safety Education’ for all age groups – starting from 5-year-old school children to adults with a special focus on women wanting to have a freedom of independent mobility. Under Honda’s unique training program, women riders will now be empowered to realize their dream of becoming independent and learning how to correctly ride a two-wheeler – that too in a single day!”

CII Director General all praise for PM’s inspiring speech

The Prime Minister, Mr. Narendra Modi, has made a path-breaking and visionary speech on Republic Day. He has delivered an inspiring message to all Indians, asking every citizen to be a participant in development. As a member of society, industry looks forward to working with the Government on actioning each of the points mentioned by him.

CII is happy to see high importance attached to manufacturing and investment. As PM, said manufacturing is necessary for employment and for trade expansion. Come, make in India – what an inspiring statement! CII is sure these words will be welcomed by foreign investors all over the world. Electricals, chemicals, autmobiles, agro value addition, pharma, paper, satellites and submarines – all can be made in India as mentioned by the PM. CII has been working with Government on a facilitative investment climate and improving ease of doing business to promote the manufacturing sector. Some of the areas to be addressed for this would be taxation, including introduction of the GST, land acquisition, faster approvals, trade policy, etc.

The PM has said that the Planning Commission would be replaced by new body soon. Creative thinking is required for building a new India with public private partnership and optimum utilization of resources and power to the states. New institution with new spirit, said the Prime Minister. CII welcomes this proposal. We would be happy to work closely with Government to offer ideas on the outline of a new development and implementation institution.

PM announced a new scheme for financial inclusion, Jan Dhan Yojana, where every poor family will get an insurance cover of Rs. 1 lakh and a bank account. This will bring in more people into the formal banking channels.

The Prime Minister has also called for e-governance for easy and effective governance. Broadband connectivity for all will foster this process. This is in line with CII recommendations. All ministries are to be online by December 31 with most procedures accessible. CII has been working on several areas where procedures can be made online in areas such as industrial approvals and customs clearances.

Another major announcement and appeal by the Prime Minister is to “Clean India”. CII appreciates the PM’s emphasis on MP funds to build toilets in all schools with the assistance of CSR funds. We would like to work with the Government and state governments on developing an effective program for school toilets across the country.