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As the Indian consumer is getting more mature, it is time that the companies should also get a hang of it.

The RR Singhania - AutoPace case is certainly a case in point. Singhania booked a Maruti car from the dealer named Autopace in Chandigarh with a booking amount of Rs. 50,000.

As it was earlier promised by the dealer that the consumer will get an interest on the booking amount from the date of deposit to date of delivery minus seven days, the condition was not fulfilled later.

It has been learned from the sources t

While the Bajaj Auto's new small car project that works in a joint venture with Nissan and Renault has been delayed for quite a few times in the domestic circuit, but perhaps the project is now on track.

In fact, Rajiv Bajaj, the managing director of second-largest producer of two-wheelers in the Indian market recently said that the product will be rolled out of the Waluj plant and not from the initially expected Chakan unit.

The super-luxury car maker Rolls-Royce is getting aggressive in its approach and with the launch of Ghost, its unit sales target has also gone up substantially.

The company is aiming to sell close to 50 units in this year. Sharad Kachalia, Director, Sales and Marketing, Navnit Motors, the authorized Rolls Royce dealer for West and South region, said that the recently launched Rolls Royce Ghost is getting overwhelming response in the country and as it takes close to 2-3 months time for the delivery of the car after the firm order, the company is expecting to sell 50 units this year.

Amidst the scenario where the company is facing the situation of falling sales numbers in the Indian market, Honda Siel Cars India (HSCI) has recently announced that it will to invest Rs 300 crore in its second plant at Tapukara (Rajasthan) to make engine & transmission components (powertrain).

While the company said that the investment in developing engines and other important components will help the company cut its costs in the Indian market, it will also make its operations very much viable. HSCI president and CEO Takashi Nagai said that the company wants to cut costs and enhance financial yields via such efforts.

The private equity fund management company IL&FS Investment Managers has declared its first quarter financial results for the fiscal year 2010-11. The company has posted a net profit of Rs 17.68 crore for this quarter ended in the 30th of June.  

The net profit of the firm was reported to be Rs 17.70 crore for the similar quarter in the previous year. Hence there has been a marginal up in the net profit figure this time against last year's record. IL&FS Investment Managers has informed this fact in a filing to the Bombay Stock Exchange (BSE).