TVS Apache RTR 160, Star City Plus and Sport grab top spots in JD Power 2017 study Posted on 7th April 2017 |
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| TVS Apache RTR 160, Star City Plus and Sport have emerged victorious in different categories in a recent study conducted by JD Power, which annually ranks two-wheelers in terms of best-in-class quality and best-in-class customer APEAL through a detailed survey with over 9,000 customers. This study is the third survey of this dimension in India and globally it is the indicator of customer satisfaction. The 2017 India Two-Wheeler Initial Quality (2WIQS) Study and Automotive Product Execution and Layout (2WAPEAL) study ranked the Star City Plus as best quality product in the economy segment, while the Apache RTR 160 has claimed the best quality title in the premium segment. TVS Sport has been ranked as No 1 in APEAL in economy segment. The 2017 2WIQS is based on evaluation from 9,570 vehicle owners who purchased a new vehicle between March 2016 and October 2016. The study includes 87 two-wheeler models from 10 manufacturers. The study was fielded from September 2016 to December 2016 in 45 cities across India. The 2WAPEAL study examines 34 attributes across six performance categories (in alphabetical order): control switches/ locks; engine and transmission performance; fuel economy; looks and styling; ride and handling; and seats. Overall APEAL performance is reported as an index score based on a 1,000-point scale, with a higher score indicating higher satisfaction. Commenting on the results, Mr. KN Radhakrishnan, President and Chief Executive Officer, TVS Motor Company, said, “As a company, it is our endeavor to constantly strive and meet the evolving needs of the consumer and remain focused on providing a superior ownership experience to them. Our customer centricity and focus on quality are the underpinning factors of our success, which differentiate us. The recognition by the J.D. Power Study 2017 is, therefore, a testimony to our efforts to deliver absolute customer delight through the five pillars of TQM (Total Quality Management).” “Design and manufacturing quality are both imperative to deliver the overall experience promise in context of the Indian terrain and usage habits. These market specificities are core to our quality strategy. We are confident that we will continue to deliver on this promise,” he added. |
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Bharti Airtel defers Q2 results till Nov 14 over ambiguity on AGR verdict Posted on 29th October 2019 |
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Bharti Airtel said on Tuesday it has postponed its second-quarter earnings report to mid-November, as the wireless operator sought clarity on the court ruling asking telecom firms to cough up overdue payments to the government.
Shares of the company, which was expected to release its quarterly numbers later in the day, dropped 3.3 per cent in early trade. |
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Rupee slips 8 paise vs US dollar in early trade amid drop in oil prices Posted on 7th October 2019 |
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The rupee on Monday opened eight paise lower at 70.96 against the US dollar amid drop in crude oil prices and rise in Asian equities. The domestic unit on Friday closed almost flat at 70.88 against after the Reserve Bank of India (RBI) in a widely expected move cut key interest rates by 0.25 percentage point. On a weekly basis, the local unit slumped by 32 paise. |
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LIC pips private insurers in first-year premium growth during April-August Posted on 13th September 2019 |
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In the first five months of the current financial year, first-year premiums of life insurance companies grew by 39.84% (year-on-year) at Rs 1.05 lakh crore as compared to Rs 75,588.35 crore in April-August of 2018-19. Life Insurance Corporation of India (LIC) continued to grow at a faster pace compared to private insurance players, shows the data from the Insurance Regulatory and Development Authority of India (Irdai). |
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Apollo Hospitals rules out further stake sale Posted on 13th September 2019 |
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Apollo Hospitals Enterprise (AHEL) has ruled out further dilution of promoters’ stake in the company. The company also said its Rs 1,337-crore stake sale of Apollo Munich Health Insurance with mortgage major HDFC will be concluded by October. Following these stake sales, the promoters’ pledged position will come down from a high of 76% to 54% by October and eventually to 20% by November or December, company sources said here. |
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World trusts India on Kashmir, not us: Pakistan minister Ijaz Ahmed Shah Posted on 13th September 2019 |
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In a major embarrassment for Pakistan and its Prime Minister Imran Khan, the country's Interior Minister Ijaz Ahmed Shah, a retired brigadier, said the international community didn't believe Pakistan's narrative on Kashmir; instead it is India whose version is trusted. |
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