Domestic passenger vehicle sales in the financial year ended on March 2016 registered a growth of 7.87 per cent, driven by new model launches and heavy discounts, according to Society of Indian Automobile Manufacturers (SIAM). Though, the growth was mainly attributed by bigger players like Maruti, Hyundai and Mahindra and Mahindra, some carmakers who are unable to perform well in the domestic turf managed to keep the wheel turning for them by focusing more on exports. Three of the 5 most exported car in FY 2016 managed to perform very well in the export market.
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As expected and announced in the recently held auto expo, the month of March will be exploded with big launches. Most of the auto manufacturers have revealed what they have to offer to Indian auto enthusiast, March is the month when some of the most anticipated vehicles will hit floor and the final price will be revealed. Let us take a look at the big 5 March launches which make maximum buzz in the auto industry.
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Car sales in India got back in positive territory in 2015 with a record 2 million cars were sold in a single calendar year, according to the latest data released by Society of Indian Automobile Manufacturers Association on Monday. Carmakers are trying their hardest to carry forwards their momentum into 2016 as well.
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The largest Auto Expo in India, the Auto Expo 2016 which will be held between February 5-9, 2016 will be the venue for many new launches for the auto world. One of the prominent segment, the wo wheeler segment, which posted splendid results last year will will witness a slew of launches by bike-makers such as TVS, Hero, the newly arrived Benelli, the US based UM Motorcycle and many. Though some leading two-wheeler makers like Bajaj, Royal Enfield and Harley Davidson have decided not to be a part of the biennial event this year, other companies are expected to fulfill the vacancy by their latest offerings. Here is a list of 5 bikes which are expected to create a buzz in the expo.
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Year 2015 has been very crucial for two segment in auto world, the compact SUV segment and the hatchback segment. With the launch of Balneo by Maruti in November this year, other players will eye to increase their share in the sector. Year 2016 will see a slew of hatchback launches to attract Indian consumers. BW|Businessworld compiles a list of top hatchback launches which are sure to make most of the headlines in the upcoming year 2016.
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Near-constant distractions have become the norm in workplaces around the world. Workers are struggling to get more done and focus harder with little understanding of what attention is or how to attain or manage it productively. Steelcase Inc's Think Better research revealed seven myths (and their truths) about how to manage your attention at work. Steelcase Inc is the world's largest workplace solutions providers. In addition to being the workplace designer for some of the best places to work such as Google, IBM, Deloitte, Accenture, TaTa Sky amongst others. Steelcase also conducts global and country specific surveys and studies, to track changing trends in employee management and workplace trends.
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Compensation to customers for call drops mandated in 2015 is one of the several regulator initiatives likely in 2016 (Courtesy: PwC)
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There are certain investment products which distributors and individual advisors deliberately keep them away from investors as because the earnings for them is low. If asked about them, the seller plays it down so that investors do not invest in them or the advisor doesn’t deal in those products and hence do not recommend such products.
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