TopNews

While the company was taken by surprise by the end of last year, when BMW outshined the once undisputable leader in the luxury car segment, Mercedes Benz but the company didn’t took much time to retain its crown back in the Indian market.

Notably, the company has even been able to keep its leadership intact even for the month of June 2010.

It is to be mentioned here that the company sold close to 388 units in the last month witnessing a growth of 94%. The company sold close to 200 units in the same period last year.

The leading German auto major across the globe has just got its sight on the Indian market for its parent brand a few years ago but it is now striving hard to strike gold in the coming years.

After receiving an impeccable response for the Polo in the Indian market, where the waiting period for the product is close to 4-6 months, the company has recently unveiled the Vento in the Capital.

Indian cricketer Mahendra Singh Dhoni alsong with his newly-wed wife Sakshi Singh Rawat reached Ranchi on Wednesday amidst tight security.

MSD did not dishearten the buffs in Ranchi, as he came out with Sakshi and waved to the excited admirers from a gallery.

Dhoni shocked all his followers by tying the knot within 24 hours of his engagement to Sakshi.

The wedding ceremony took place on July 4 at Vishranti resorts on the outskirts of Uttarakhand's Dehradun city.

JSW Steel, India's second biggest steel manufacturer, announced that its crude steel production surged 14% at 1.574 million tonnes (mt) in the three month period ended June 2010 (April-June) as against the same period of last year.

The production of flat rolled products increased 26% at 1.093 mt and production of long rolled products grew 71% to 0.309 mt in the first quarter.

The company said, ''The commissioning of 6.6 million tonne per annum (mtpa) expansion project with 3.5 mtpa new hot strip mill at Vijayanagar works in the last financial year enabled the company to achieve higher production.''

Godrej Agrovet is eyeing to achieve 15% growth in its turnover in the existing financial year (20101-11), which stood at Rs 1,600 crore during the last fiscal.

Mr. B S Yadav, company's managing director, said, ''We expect a 15 per cent jump in our topline and 25 per cent in the bottomline. Last year, we had a turnover of over Rs 1,600 crore.''

Mr. Yadav said that diversified agri-business company, which presently sells animal feeds, ready-to-eat foods and processed poultry products, is gazing 'seriously' at diversifying into fresher segments.

Tata Power, the country's largest integrated private power utility, will commission a 3 MW solar photovoltaic power facility in Maharashtra by 2010 end.

The new plant will become the biggest grid connected solar plant in the state.

According to company's release, "Tata Power aims to commission this first and largest solar photovoltaic power plant in Maharashtra located at Mulshi."

The company's executive director Banmali Agrawala stated that the solar power is succeeding well and will be commissioned later this year.