category:/Budget News


Title and summary Date/time
1
Reduction in Nissan Car price by Rs. 5000
Mitsubishi, Hyundai and Ford and many other car makers have also cut down their prices up to Rs 6000 to pass the excise duty cut benefit to the consumers. 		11 Jul, 2009
2
Volvo reduced the sports vehicle XC90 prices by Rs 4 lakh
The Volvo XC90 D5 will be priced at Rs 42.5 lakh, Volvo the XC90 32 will be available for Rs 43.5 lakh and XC90 V8 for Rs 49.5 lakh. 		11 Jul, 2009
3
Hyundai Motor India reduces prices of Sonata Transform
According to the duty reduction announced in the budget any car equipped with an engine capacity of over 2 litre will have a reduced excise duty. Earlier the additional duty of excise was Rs 20,000 but after the recent budget announcement this has been ... 		8 Jul, 2009
4
Some Positives for Automobiles in Budget 2009: SIAM
Mr. Ravi Kant said that in recent times, rural market has been playing an important role for the automotive sector and measures aimed at enhancing the income levels in rural areas including increase in allocation to NREGA will have positive impact on ... 		8 Jul, 2009
5
Budget will help fuel auto demand: Karl Slym, President & Managing Director, GM India
The automotive industry is one of the growth drivers of the economy and as such some tax relief would have helped the industry to generate some volumes. Having said this, government's intention to introduce GST with effect from 1st April 2010 and reduce ... 		8 Jul, 2009
6
Honda India reduces prices for Accord & CR-V models
The prices have been revised following the lowering of specific excise duty by the Government on large cars of engine capacity of 2000cc and above from Rs 20,000 to Rs 15,000 announced in the Union Budget 2009 - 10. The new prices will be applicable with ... 		8 Jul, 2009
7
Ford India announces lower prices for Endeavour
This new pricing of the Endeavour is a direct result of the announcement made in yesterday's Union Budget. It has been proposed that the excise duty applicable on cars of engine capacity 2000 cc and above will be reduced from Rs. 20,000/- per vehicle to ... 		7 Jul, 2009
8
High-end car prices to fall soon
The first one to announce the decrease in the price of Rs 6000 on its partner Mitsubishi's Pajero, Outlander and Montero cars is Hindustan Motors Ltd (HML) and They would pass on the benefits of excise cut, says BMW, General Motors and Toyota, while Tata ... 		7 Jul, 2009
9
Focused stimulus package the best move - Kurt Rippholz, group communications head, Volkswagen India
Volkswagen Group who is present in India with its brands Audi, Skoda and Volkswagen welcomes the 2009-2010 Union Budget’s aim to touch 8% to 9% level of economic growth. 		7 Jul, 2009
10
HM- Mitsubishi Motors Reduce Car Prices by Rs 6000
Heralding the government's budget to stimulate the economy, Hindustan Motors Limited (HML) today offered to cut prices of its Mitsubishi SUVs – Pajero, Outlander & Montero by Rs.6,000/- with effect from 7th July ‘09. 		7 Jul, 2009
11
Auto Industry’s expectation from the Union Budget
The Union budget to be presented on Monday is due from the new government (Govt.). The common man is expecting a lot from the new Govt. as a true representation of a secular Govt. with a progressive outlook. 		3 Jul, 2009
12
Gem & Jewellery industry unhappy with interim budget
The interest subvention of two per cent will be extended beyond March 31 till September 30 as per the announcement made by Union Minister, Pranab Mukherjee, who presented the interim budget this year. 		18 Feb, 2009
13
Auto industry positive of interim budget
According to a leading industry lobby, though the recently announced budget did not announce any specific sops for the industry, yet the increased allocation for defence and surface transport ministry would definitely boost vehicle sales. 		17 Feb, 2009
14
CavinKare & Coty JV to market adidas personal care range in India
Both Coty Inc and CavinKare foresee a long term marketing alliance to successfully establish the business in India. This alliance will strengthen adidas’ position as a major player in the male personal care segment. 		5 Feb, 2009
15
Kao to relaunch hair care brand Asience
Kao Corporation will renew its hair care brand Asience and launch a new line Asience Nature Smooth on March 28, 2009. 		29 Dec, 2008
16
LOULOU Limited Edition Collection focuses on colour, texture & silhouette
Addition Elle and LOULOU magazine have once again teamed up and are launching the second collection of plus-size fashions under the LOULOU Limited Edition Collection banner. 		28 Aug, 2008
17
Stage Stores July net sales slip 1%
Reaffirms expectation to meet or exceed high end of Q2 EPS guidance range. 		11 Aug, 2008
18
Louis Vuitton awarded largest ever judgment on trademark & counterfeiting case in Canada
Supreme Court of British Columbia Awards Louis Vuitton Over CAD$1,000,000 in Damages, Punitive and Exemplary Damages, and Legal Costs. 		11 Aug, 2008
19
Saks Incorporated comp store sales down 5.3% in July
For the second quarter ended August 2, 2008, owned sales totaled $663.1 million compared to $687.9 million for the prior year second quarter ended August 4, 2007, a 3.6% decrease. Comparable store sales decreased 4.0% for the quarter. 		8 Aug, 2008
20
Chidambaram's budget flattens tyre industry expectations
Major issues affecting the tyre industry are not addressed according to the Automotive Tyre Manufacturers' Association (ATMA). 		1 Mar, 2008