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Security fair generates Rs 460 cr business16-NOV-09
International and domestic firms generated business of over Rs 460 crore selling latest security equipments, including CCTVs and intruder alarms, to Central and state security agencies and manufacturers.
Woman power fuels Scooty16-NOV-09
An award-winning marketing scheme that trains women to ride two-wheelers helps TVS ramp up sales.
TVS Motor relaunches Flame bike14-NOV-09
TVS Motor today said it had re-launched the Twin Spark Plug ‘Flame’ motorcycle after getting all necessary clearances in accordance with law. It may be recalled that the country’s third-largest motor cycle company, in terms of sales, got into legal trouble with Bajaj Auto for using this technology, which the latter said was its patented one.
TVS Flame relaunched with twin-spark tech13-NOV-09
Two-wheeler maker TVS Motor Company today re-launched the much-awaited twin-spark plug "Flame" motorcycle after obtaining all necessary permissions and clearances in accordance with law.
TVS Logistics acquires UK firm, plans IPO12-NOV-09
TVS Logistics Services Ltd (TVS LSL), part of the TVS Group, is planning to go for an initial public offering in the next 2-3 years. The company on Wednesday announced the acquisition of UK-based Multipart Holding, an aftermarket service provider.
TVS Logistics mulls IPO; buys UK firm11-NOV-09
TVS Logistics Services (TVS LSL), part of TVS Group, is planning to go for an initial public offer (IPO) over the next 2-3 years and also looking for acquisition opportunities in the logistics space. The company, which has acquired a UK-based after market service provider, is planning to foray into Brazil and China by 2010 through acquisition.
'Valuations are a relative art... though manageable'11-NOV-09
Since moving to TVS Capital Funds three months earlier, Vice-Chairman & Managing Director D Sundaram has been busy going through fresh investment proposals. In less than a week, TVS Shriram Growth Fund-I (TVC Cap manages it) has announced two investments. Last Wednesday, it announced an investment of Rs 65 crore in retailer Landmark. Today, the Rs 600-crore fund announced its intent to invest up to Rs 35 crore in Dusters Hospitality, in the facility management business.
TVS Capital buys over 35% in 2 facility mgmt cos10-NOV-09
Private equity firm TVS Capital managed TVS Shriram Growth Fund I today said it has picked up a little over 35 per cent stake in two facility management service firms for about Rs 35 crore.
TVS Shriram Growth Fund takes 25% in Landmark05-NOV-09
TVS Shriram Growth Fund-I has taken a 25 per cent stake in Chennai-based Landmark Ltd, a leading book and music retail chain in India, and a subsidiary of Trent Ltd, by investing around Rs 65 crore.
TVS Shriram Growth Fund I invests Rs 65cr in Landmark04-NOV-09
TVS Shriram Growth Fund I is taking a significant minority equity stake with an investment of Rs.65 crores in Landmark Limited, a leading book and music retail chain that is a subsidiary of Trent Limited. Landmark currently operates over 20 stores, many of which are large format stores, across leading cities in India with over 2 lakh square feet of retail space.
TVS Shriram Fund buys stake in Landmark04-NOV-09
Tata group firm Trent today said financial services company TVS Shriram Growth Fund I has acquired more than 18 lakh shares in its subsidiary Landmark, for Rs 65 crore.
TVS sales up 12%02-NOV-09
TVS Motor Company reported an 18 per cent jump in domestic sales of two-wheelers last month over the same period last year, at 118,563 units against 100,088 units.
TVS reports 12% increase in October sales01-NOV-09
Two-wheeler manufacturer TVS Motor Company today reported 12 per cent increase in its vehicle sales during October.
Tokyo ga-ga31-OCT-09
My bi-annual pilgrimage to the Tokyo Motor Show turned out to be a bit of a dud. You see, I look forward to trips to Japan for the simple reason that it is a different world out there. And, as for Tokyo, if I have to nominate a capital of the earth, it would be this sprawling metropolis with its driverless trains, law abiding millions and electronic wizardry of tomorrow (beginning with illuminated toilets that warm your seat, sing, feature three spray options and even close the lid once you are done!).
Sundaram Brake Linings net jumps two-fold to Rs 2 cr30-OCT-09
TVS Group company Sundaram Brake Linings today said its net profit jumped two-fold to Rs 1.57 crore for the second quarter ended September 30, against the same period previous fiscal.
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