bajaj

LML on recovery path – a tough road to ride

14 aug 2007

In the era of gearless scooters and motorcycles, the BIFR referred LML (Lohia Machines Ltd.) has introduced its 2 geared scooter models in Delhi. LML has been a sick company since it closed down its production facility at Kanpur in February 2006.

Why Corporates and Investment Banks love ICICI Bank

23 jun 2007

ICICI Bank’s FPO has met with tremendous success with the issue getting oversubscribed 12.3 times in India and 4 times in the ADR market. India’s leading businessman, Azim Premji, Mukesh Ambani and Rahul Bajaj have placed bids for Rs.1,000 crore each either directly or through entities owned by them.

Low Cost Cars and High End Bikes, natural transition in automobile industry

14 jun 2007

Motorcycles, India’s main mode of transport owing to its lower maintenance cost and fuel efficiency, have an annual sales of 78 lakh units of which 60 lakhs is just for the 100cc bike.