This is the TALK OF THE WORLD.
Not only the BSE, NSE also the world Stock market. The reason is because of "Banking Industry" in US. Already, 11 banks have failed in 2008 alone.There are 117 banks are on its "death list" of troubled institutions. Experts informed that this situation continue this week. After the N-Deals there may be increase in stock exchange between India and US.
BSE
Top Gainers
HIND. UNILEVER
Top Losers
ICICI BANK, JAIPRAKASH ASSO., SATYAM, TCS, TATA POWER.
NSE
BPCL, HIND. UNILEVER, SAIL, TATA COMM.
Top Losers
SUZLON, ICICI BANK, IDEA CELLULAR, SATYAM, TCS.
-----------Exchange-------------------Last-----------Change
United States Stock Market Dow *-----11143.13--------(121.07)
United States Stock Market Nasdaq----2088.86---------(-94.48)
United States Stock Market S & P 500-1165.56---------(-47.45)
Argentina Stock Exchange MerVal------1605.46---------(-86.94)
Brazilian Stock Exchange Bovespa-----47251.55--------(-3531.35)
Canada Stock Exchange TSX------------11610.22--------(-515.78)
Mexican Stock Exchange IPC-----------24726.09--------(-867.68)
Amsterdam Stock Exchange AEX---------323.55----------(-31.03)
London Stock Exchange FTSE 100-------4818.77---------(-269.70)
Deutch Stock Market DAX--------------5807.08---------(-256.42)
French Stock Market CAC 40-----------3953.48---------(-209.90)
Japan Stock Market Nikkei------------11743.61--------(-149.55)
Hong Kong Stock Market Hang Seng-----17880.68--------(-801.41)
China Stock Market Shanghai----------2293.78---------(-3.71)
Singapore Stock Market Straits-------2361.34---------(-50.12)
Jakarta Stock Exchange Jakarta-------1832.50---------(-13.58)
New Zealand Stock Exchange NZX 50----3188.53---------(0.95)
Taiwan Stock Exchange TSEC-----------5929.63---------(0)
Bombay Stock Exchange Sensex---------12595.75--------(-506.43)
Indian National Stock Exchange Nifty-3850.05---------(-135.20)
This is not permanent. Indian Share market will raise after some months. Because of new business trade between India-EU and India-Japan. Let us wait and see.
Monday, September 29, 2008
What do u think about torrents???????
People think that they get all the things free via TORRENTS, but we dont think how we get these things free. The answer u tell is that some people lend it and post it to earn money via their post.
"Ya i too agree".
But the hidden thing behind this is they spread virus via this free post. Especially in torrents.
"How many can accept this " and " how many can reject this".
At first i too believed that there will be no virus downloading via torrents. But no i confirmed that they r trying to spread virus via these free files. Especially via SOFTWARE'S.
So people be careful while downloading SOFTWARE'S.
Anyway using INTERNET leads attack of some virus into our system. Although if we have good antivirus.
Not only via the software although by COOKIES, POP-UPs,... So Friends be careful while using internet. Dont go to unsafe sites.
"Ya i too agree".
But the hidden thing behind this is they spread virus via this free post. Especially in torrents.
"How many can accept this " and " how many can reject this".
At first i too believed that there will be no virus downloading via torrents. But no i confirmed that they r trying to spread virus via these free files. Especially via SOFTWARE'S.
So people be careful while downloading SOFTWARE'S.
Anyway using INTERNET leads attack of some virus into our system. Although if we have good antivirus.
Not only via the software although by COOKIES, POP-UPs,... So Friends be careful while using internet. Dont go to unsafe sites.
Wednesday, September 17, 2008
Accident means Unfortunate,harmful event,caused unintentionally.
When anyone hear that word they feel bad. This happens at all age. It does not happen only in vehicles, but also during walking, by simple mistakes.
The reason i create this blog is recently my friend met with accident. He is severely wound on the left shoulder. The left hand shoulder is fractured. he was speeding at 120km/hr near mettukuppam suddenly only tvs xl bike crossed the road. He applied front disk break. Due to heavy speed the bike upset(180 degree) and fall on the left side. The bike is all new Yamaha r15. Because if new bike and new disk break it has more power so if we apply lightly it would stop, he applied more so the bike upset. It also happened for me a year before. Very sad to see my friend. The mistake is my friend, but the tvs xl bike can wait and cross the road. This incident happened in Old Mahabalipuram Road (OMR).
Day After this accident, another accident happened in PTC Quaters. A man 30yrs old suddenly crossed the road to get the bus around 8p.m. Tata Sumo car suddenly hit that man, due to this the man got severely wound and bleed more. Very dangerous ride in OMR Road. More accident happens in OMR because of road expansion and sudden crossing of road. Daily about one accident happens in this OMR Road.Although the Highway department lay bridge to cross the road will these people cross the road using that bridge?. what about the speeding vehicles? what will the govt do to reduce these accidents.
The necessary step the govt can do is the advertisement
Which leads to road accident?
How can we reduce these accidents?
peoples must be taught road traffic rules?
This accident does not happens only in this OMR Road but also in CHENNAI, in INDIA,in WORLD. People must be aware of these accident. More accident happens due to OVER SPEED. Some accident occur due to sudden crossing road without seeing on both sides. This happens in HIGHWAY. People without wasting time the suddenly cross the road if any car r bike comes. Thinking that bike r car r bus will stop r slow down when seeing them. If they didnt slow down means accident happen there. Some accident occurs due to vehicle bad conditions.
We the people fight and reduce the accident.
When anyone hear that word they feel bad. This happens at all age. It does not happen only in vehicles, but also during walking, by simple mistakes.
The reason i create this blog is recently my friend met with accident. He is severely wound on the left shoulder. The left hand shoulder is fractured. he was speeding at 120km/hr near mettukuppam suddenly only tvs xl bike crossed the road. He applied front disk break. Due to heavy speed the bike upset(180 degree) and fall on the left side. The bike is all new Yamaha r15. Because if new bike and new disk break it has more power so if we apply lightly it would stop, he applied more so the bike upset. It also happened for me a year before. Very sad to see my friend. The mistake is my friend, but the tvs xl bike can wait and cross the road. This incident happened in Old Mahabalipuram Road (OMR).
Day After this accident, another accident happened in PTC Quaters. A man 30yrs old suddenly crossed the road to get the bus around 8p.m. Tata Sumo car suddenly hit that man, due to this the man got severely wound and bleed more. Very dangerous ride in OMR Road. More accident happens in OMR because of road expansion and sudden crossing of road. Daily about one accident happens in this OMR Road.Although the Highway department lay bridge to cross the road will these people cross the road using that bridge?. what about the speeding vehicles? what will the govt do to reduce these accidents.
The necessary step the govt can do is the advertisement
Which leads to road accident?
How can we reduce these accidents?
peoples must be taught road traffic rules?
This accident does not happens only in this OMR Road but also in CHENNAI, in INDIA,in WORLD. People must be aware of these accident. More accident happens due to OVER SPEED. Some accident occur due to sudden crossing road without seeing on both sides. This happens in HIGHWAY. People without wasting time the suddenly cross the road if any car r bike comes. Thinking that bike r car r bus will stop r slow down when seeing them. If they didnt slow down means accident happen there. Some accident occurs due to vehicle bad conditions.
We the people fight and reduce the accident.
Wednesday, September 10, 2008
Oil Price
Very nice to hear that the oil price is reducing in recent days. Some month before the oil sold at 150$ per barrel. Now it's reduced 40$ per barrel. It's also expected to drop below 100$. Now the people from all over the world feel happy to hear this news. By the reduce in oil price some food items, oil items and other material prices can decrease. Especially kerosene,petrol,diesel, food oils, gas etc.
Y this sudden decrease in oil price. The reason is OPEC has decided not to put worse condition to the developed, developing and under developed countries. They also managed not to raise more than 100$. If any raise they will inform 6 month before. After the decrease in oil price some countries share market is raised. Due to raise in oil price the oil is oversupplied.
For more about decrease in oil price refer this article
->http://www.bi-me.com/main.php?id=24171&t=1&c=62&cg=4&mset=
->http://www.news.com.au/heraldsun/story/0,21985,24327012-664,00.html)
But even thought the oil price is reduced some countries has not reduced the oil price. Especially in India. Recently during the press meet, they have announced that there will be price reduce 2rs for petrol and 1 rs for diesel. The government have raised 5rs for petrol and 3 rs for diesel. But now they r reducing the quarter in the raise amount. Why they r not reducing 5rs on petrol and 3rs on diesel. The opposite party also demanding to reduce the hike price.
Will the Govt reduce the oil price?
When they will reduce it? one month before Election r this month
Only this petrol,diesel will be reduced r other oil items also be reduced?
What about the gas rate?
Government have to decide and take action quickly. Due to this INDIAN share market can raise and inflation can be reduced.
Y this sudden decrease in oil price. The reason is OPEC has decided not to put worse condition to the developed, developing and under developed countries. They also managed not to raise more than 100$. If any raise they will inform 6 month before. After the decrease in oil price some countries share market is raised. Due to raise in oil price the oil is oversupplied.
For more about decrease in oil price refer this article
->http://www.bi-me.com/main.php?id=24171&t=1&c=62&cg=4&mset=
->http://www.news.com.au/heraldsun/story/0,21985,24327012-664,00.html)
But even thought the oil price is reduced some countries has not reduced the oil price. Especially in India. Recently during the press meet, they have announced that there will be price reduce 2rs for petrol and 1 rs for diesel. The government have raised 5rs for petrol and 3 rs for diesel. But now they r reducing the quarter in the raise amount. Why they r not reducing 5rs on petrol and 3rs on diesel. The opposite party also demanding to reduce the hike price.
Will the Govt reduce the oil price?
When they will reduce it? one month before Election r this month
Only this petrol,diesel will be reduced r other oil items also be reduced?
What about the gas rate?
Government have to decide and take action quickly. Due to this INDIAN share market can raise and inflation can be reduced.
The incident happened when i gave lift to unknown person
Month before after retuning from adyar i was stopped by signal near TIDEL PARK. When i was waiting for green signal a man who came near me and asked lift. I thought it is a kind of help and asked him to get in. After he sit in my bike he told he is a police. I thought i'm great to give lift to police man and asked where he want to get down. He told he want to get down near C.T.S near Thuraipakkam. The company is near my house, so it wont cost any extra petrol.
When riding he asked some details about me,my family and my bike, whether its my own bike r friend bike. I replied its my own bike bought in finance. He also told he will also refer to any I.T company if i didnt get job after 1 r 2 month. I too believed that he will also help me. When the location came he got down. After this a strange thing happened. I was shocked.
He asked me 50rs. I asked y. He told he need. I told i dont have money now. He asked my purse. But i didnt give. He then asked me to show the bike papers. I told i have all the original. He said "give money other wise i will note down ur bike number and i will take action". I told i dont have money and replied same thing. He then noted my bike no. I was struck how he behaved to me.
After that i came from that place and reached my home. This thing happened one week before Independence day(15th August 2008). I dont know whether he is original police.
So friends be careful.
When riding he asked some details about me,my family and my bike, whether its my own bike r friend bike. I replied its my own bike bought in finance. He also told he will also refer to any I.T company if i didnt get job after 1 r 2 month. I too believed that he will also help me. When the location came he got down. After this a strange thing happened. I was shocked.
He asked me 50rs. I asked y. He told he need. I told i dont have money now. He asked my purse. But i didnt give. He then asked me to show the bike papers. I told i have all the original. He said "give money other wise i will note down ur bike number and i will take action". I told i dont have money and replied same thing. He then noted my bike no. I was struck how he behaved to me.
After that i came from that place and reached my home. This thing happened one week before Independence day(15th August 2008). I dont know whether he is original police.
So friends be careful.
Tuesday, September 9, 2008
Return of My Street Dog (Watch Dog)
Hi friends the mother dog came back to our street today morning. The blue cross after completing the family planning operation they picked up and leave in my street. We r happy to see it back.But we feel guilty to see it after the operation. Any how its alive and back.
Don't know about the puppies. Anyhow we believe the positive.
Could u see the operation mark on his right side.
Monday, September 8, 2008
Getting Certificates
After completing degree all the student think to get their mark sheets and original certificates. Getting mark sheet and original certificate is easy, may be simple process to some college students, But its difficult for T>E>C student.
If one need to get his/her certificates from office room he/she has to write the letter and have to get sign from principal. After that we have to get sign in No Due form from the staffs. This may take 1 to 2 hrs depending on the staff. Some may be not available some may went to canteen r to class room.
After completing this the administrative officer have to check the account and he must sign in that no due form. He will tell us to wait for 1-2hrs to check the record. After this we have to get sign from principal.
After getting no dues sign we have to produce the letter to other table he will get records and get files. That sir will tell that"i have no time to take ur record please come after 1 r 2 days and collect it". If we tell that its emergency he will tell to clerk. The clerk thinking that he is also the officer and shout us and tell us to come after 2 days.
After 2 days if we go and ask certificate we have to wait for 2 hrs to get all the certificates. This is the patter to get certificates from T>E>C.
Note:For upcoming students they can tell u to come after one week to get ur record and certificates. So be prepared for that.
If one need to get his/her certificates from office room he/she has to write the letter and have to get sign from principal. After that we have to get sign in No Due form from the staffs. This may take 1 to 2 hrs depending on the staff. Some may be not available some may went to canteen r to class room.
After completing this the administrative officer have to check the account and he must sign in that no due form. He will tell us to wait for 1-2hrs to check the record. After this we have to get sign from principal.
After getting no dues sign we have to produce the letter to other table he will get records and get files. That sir will tell that"i have no time to take ur record please come after 1 r 2 days and collect it". If we tell that its emergency he will tell to clerk. The clerk thinking that he is also the officer and shout us and tell us to come after 2 days.
After 2 days if we go and ask certificate we have to wait for 2 hrs to get all the certificates. This is the patter to get certificates from T>E>C.
Note:For upcoming students they can tell u to come after one week to get ur record and certificates. So be prepared for that.
Friday, September 5, 2008
Vinayagar Chathurthi 3rd spetember 2008
Vinayagar Chathurthi most of the people know what they will do in this day. This is a hindu festival, all hindu people use to celebrate this festival.
Special things in this festival are vinayagar statue,kodai, kozhukattai, sundal, makka cholam, kabhu, pori, owel, arughampul, erugampoo, some fruits, etc. The main item will be sundal and kozhukattai. In all house they used to make this and pray to Vinayagar.
This year in our street we clebrate this function grantly. Our 10th Street people used to be friendly and unity. Especially during festival time we used to celebrate in group. In this vinayagar chathurthi our 10th Street boys collected money from our street people and decide to celebrate grantly. We got enought money to celebrate this festival.
From the colected money we bought vinayagar statue, hiered serial lights, fruits, adn we got extra money so we planned to put annadhanam to people on 4th september. The reason is most people will cok special items and food on vinayagar chathurthi so we planned this annadhanam on next day of vinayagar chathurthi.
We got a right place to place vinayagar statue and decorated the place befor the vinayagar chathurthi. Have look at this place.
We decorated our street and started the celebration. All the boys in our street worked together and aranged the street to look better.
I must say this now that i didnt work with them r do any other thing. I stayed away from them.
Any how they r my street guys. Finally on 3rd sep on the celebration day, we just made sundal, sweet pongal, and kozhukattai and celebrated the day. At this function all people had a great time and fun and come united. The function ended friendly on 3rd sep.
The next day very excited day because we planned to put annadhanam and prepared food for 100 people. On 4th sep 4:00p.m we started to prepare food. We called one catering guy to prepare sambar sadham and potato curry. With the collected money we hiered gas stove, vessels, and bought food items to prepare food. Some people came and joined to work and helped to prepared the food. At 7:00p.m we arranged one iyer and he made small pooja for this vinayagar. At 7:30 end of pooja we had some paper plate we distributed the food with it all the people tasted it and we had a great time. We also planned to planned to make this celebration for 9days. Each day any one has to prepare some food itema and distribute to people.
Good People with friendly mind.
Special things in this festival are vinayagar statue,kodai, kozhukattai, sundal, makka cholam, kabhu, pori, owel, arughampul, erugampoo, some fruits, etc. The main item will be sundal and kozhukattai. In all house they used to make this and pray to Vinayagar.
This year in our street we clebrate this function grantly. Our 10th Street people used to be friendly and unity. Especially during festival time we used to celebrate in group. In this vinayagar chathurthi our 10th Street boys collected money from our street people and decide to celebrate grantly. We got enought money to celebrate this festival.
From the colected money we bought vinayagar statue, hiered serial lights, fruits, adn we got extra money so we planned to put annadhanam to people on 4th september. The reason is most people will cok special items and food on vinayagar chathurthi so we planned this annadhanam on next day of vinayagar chathurthi.
We got a right place to place vinayagar statue and decorated the place befor the vinayagar chathurthi. Have look at this place.
We decorated our street and started the celebration. All the boys in our street worked together and aranged the street to look better.
I must say this now that i didnt work with them r do any other thing. I stayed away from them.
Any how they r my street guys. Finally on 3rd sep on the celebration day, we just made sundal, sweet pongal, and kozhukattai and celebrated the day. At this function all people had a great time and fun and come united. The function ended friendly on 3rd sep.
The next day very excited day because we planned to put annadhanam and prepared food for 100 people. On 4th sep 4:00p.m we started to prepare food. We called one catering guy to prepare sambar sadham and potato curry. With the collected money we hiered gas stove, vessels, and bought food items to prepare food. Some people came and joined to work and helped to prepared the food. At 7:00p.m we arranged one iyer and he made small pooja for this vinayagar. At 7:30 end of pooja we had some paper plate we distributed the food with it all the people tasted it and we had a great time. We also planned to planned to make this celebration for 9days. Each day any one has to prepare some food itema and distribute to people.
Good People with friendly mind.
My Street Dog (Watch Dog)
This is our street dog. Great dog used to watch our street at night. This dog came to our street before 3yrs. Her name is cine actress name(I don't want to mention here). It has earned two generation of children. Now it has the third. The puppies photos are posted here. They were very cut and i used to play with them. All the people cared the puppies and feed them milk.Days passed, on August last week 2 of her puppies died because of some disease. so we planned to call Blue cross in Guindy and told the situation. They
told they will take them on 31st august. Finally they came at 10p.m and took allthe pupies and their mother
also. Very sad day. Missing those dogs very much.
Thursday, August 28, 2008
27-08-2008 Tuesday
On tuesday i and my cousine decided to search for any interviews. We went to SIPCOT near Siruchery. We see a lot of IT companies there. We both took 5 resumes and went to see any job opening.
After a few km from enterance we saw ASPIRE we went near the gate and asked to security about any interviews,he replied no but he told to give our resume to him. We gave our resume to him.
Also we asked is there any companies inside this campus get resumes, he told PATNI,CTS. We then went to PATNI,CTS, there the securities didnt get our resume. So we went to NEWGEN, there the security got our resumes and told he will give to HR.
Dont know will these guys give the resume to HR r not, if they give the resume to HR, will the HR consider r not. Have to wait and see.
After these things we saw a new construction building inside the SIPCOT campus very amazing, beautiful, WOW, wat a fentastic construction. U just look at these pictures and guess what company is that......
After a few km from enterance we saw ASPIRE we went near the gate and asked to security about any interviews,he replied no but he told to give our resume to him. We gave our resume to him.
Also we asked is there any companies inside this campus get resumes, he told PATNI,CTS. We then went to PATNI,CTS, there the securities didnt get our resume. So we went to NEWGEN, there the security got our resumes and told he will give to HR.Dont know will these guys give the resume to HR r not, if they give the resume to HR, will the HR consider r not. Have to wait and see.
After these things we saw a new construction building inside the SIPCOT campus very amazing, beautiful, WOW, wat a fentastic construction. U just look at these pictures and guess what company is that......
Monday, August 25, 2008
Company List
Hi friends i have some list of companies in and around Chennai. Such as companies in SIPCOT(siruchery), TIDEL PARK(Tharamani), STPI(Tharamani), Some MNC Companies in INDIA. If u need it tell me i will mail u. And i also have some fake company list. Mail me what u need.
Interviews i attend so for
After my results i applied to many job search web sites and got more calls from consultancy for BPO and IT field, some call from IT service companies. Till now i have attend __ companies. They are
1. Hify (consultancy) - rejected.
2.Epsilon technology solution(project center)-selected. Agreement is 1yr and no stipend during training. So i quit it.
3.Alphalinx tecnologies(???????)- I didnt attend interview because of their condtions. The condition is 2yrs agreement 50,000 cheque with undated during training 4000-6000, 1st yr 8000-10000, 2nd yr 12000-15000. First i have to accept the condition then i will be allowed to attend the test. Position is which ever i like. they gave me 6 postions for freshers(1.Java programmer, 2.Dot net programmer, 3.Web designer, 4. Software maintenance, 5. Database programmer, 6.Application programmer).They have stated that they do Defence Projects.
I dont like this so i didnt attend that interview.
4.Sun i Tech(Training cum Placement)- Attended. I and samy both went to that company.samy only got call from them so i went with him to see how the company is. After general HR the HR named Sheeba, she asked about the history of interview and famil background. Then she told that they give training for Java and Dot Net. we told Java, the fees to be paid for training is 30,000. After completing the training the place the students in MNC companies(Aspire,laser,syntel,.......) about 15 companies. We both dont like that offer so we came out.
Before week i and samy went to t-nagar to attend interview by seeing advertisement in hindu(sunday news paper). But we cant able to find that company. We saw Hexaware in G.N.Chetty road and enquired to security about any freshers opening. He said that company recruits B.E.freshers and told to give resume to him. We gave resume,but we didnt get call r any thing regarding the mail.
to be continued................
1. Hify (consultancy) - rejected.
2.Epsilon technology solution(project center)-selected. Agreement is 1yr and no stipend during training. So i quit it.
3.Alphalinx tecnologies(???????)- I didnt attend interview because of their condtions. The condition is 2yrs agreement 50,000 cheque with undated during training 4000-6000, 1st yr 8000-10000, 2nd yr 12000-15000. First i have to accept the condition then i will be allowed to attend the test. Position is which ever i like. they gave me 6 postions for freshers(1.Java programmer, 2.Dot net programmer, 3.Web designer, 4. Software maintenance, 5. Database programmer, 6.Application programmer).They have stated that they do Defence Projects.
I dont like this so i didnt attend that interview.
4.Sun i Tech(Training cum Placement)- Attended. I and samy both went to that company.samy only got call from them so i went with him to see how the company is. After general HR the HR named Sheeba, she asked about the history of interview and famil background. Then she told that they give training for Java and Dot Net. we told Java, the fees to be paid for training is 30,000. After completing the training the place the students in MNC companies(Aspire,laser,syntel,.......) about 15 companies. We both dont like that offer so we came out.
Before week i and samy went to t-nagar to attend interview by seeing advertisement in hindu(sunday news paper). But we cant able to find that company. We saw Hexaware in G.N.Chetty road and enquired to security about any freshers opening. He said that company recruits B.E.freshers and told to give resume to him. We gave resume,but we didnt get call r any thing regarding the mail.
to be continued................
Tuesday, April 1, 2008
2008 Yamaha WR250R/X - First Ride
To read full article see this pagehttp://www.motorcycle-usa.com/Article_Page.aspx?ArticleID=6094&Page=1
ANTIDOTES FOR $4 GASOLINE
Most motorcycle riding classes use 250 cc bikes -- a smart choice for a first purchase. Here are four models that are both reasonably priced and inexpensive to operate (mileage figures are as-tested):
KAWASAKI NINJA 250: $2,999; 248 cc parallel twin engine; 29 horsepower; 335 pounds; 74 m.p.g.
HONDA REBEL 250: $3,099; 234 cc parallel twin engine; 16 horsepower; 315 pounds; 78 m.p.g.
SUZUKI GZ250: $3,199; 249 cc 1-cylinder engine; 20 horsepower; 302 pounds; 82 m.p.g.
YAMAHA VIRAGO 250: $3,499; 249 cc V-twin engine; 22 horsepower; 302 pounds; 74 m.p.g.
KAWASAKI NINJA 250: $2,999; 248 cc parallel twin engine; 29 horsepower; 335 pounds; 74 m.p.g.
HONDA REBEL 250: $3,099; 234 cc parallel twin engine; 16 horsepower; 315 pounds; 78 m.p.g.
SUZUKI GZ250: $3,199; 249 cc 1-cylinder engine; 20 horsepower; 302 pounds; 82 m.p.g.
YAMAHA VIRAGO 250: $3,499; 249 cc V-twin engine; 22 horsepower; 302 pounds; 74 m.p.g.
Friday, March 28, 2008
Hyundai to Unleash Genesis Coupe
Hyundai’s Genesis Coupe is about to be released in this week’s New York motor show. If you will look back on last year you can probably recall the hubbub made about the new Hyundai Genesis platform. The first product that came out using this platform is the Hyundai Genesis Sedan which was unveiled at the Detroit auto show. And now Hyundai has come up with another, this time a coupe.
Based on what I’ve read, the Genesis Coupe has a trimmed down version of the engine from the Genesis Sedan. The Sedan runs using a 4.6-liter V-8 engine while the new Coupe will only have 3.8-liter V-6 engine. But just like the Hyundai Genesis Sedan, this Coupe is a rear-wheel-drive vehicle. Well, in fact, the Genesis series is the first of Hyundai’s creations to be a rear-wheel-drive.
So far these are the juicy details. We have to watch out for more when this car gets unveiled at the New York motor show.
Wednesday, March 26, 2008
YAMAHA INDIA
Struggling to make a mark in the Indian market, Japanese two-wheeler major Yamaha on Wednesday said it will replace its existing venture by a joint-venture with compatriot Mitsui & Co.
The joint venture, to be named India Yamaha Motor Private Limited (IYM), would take over the existing manufacturing and business operations of Yamaha Motor India Private (YMI) Ltd starting April, the company said in a statement.
Yamaha, which has so far invested Rs 1600 crore in the Indian operations, said it planned to eventually take it up to Rs 5600 crore to strengthen its position.
After the restructuring, the company said, in the first year of operations (nine months period starting April 2008) it expects sales worth Rs 1000 crore.
Mitsui, which had last year acquired three per cent stake in Yamaha, will pick up 30 per cent stake in the IYM, it added.
"In this way, IYM will increase its total capital to a planned Rs 5600 crore (approximately 14.6 billion yen) and utilise the same factory and office facilities used by its predecessor, YMI, to take over YMI's manufacturing and business operations beginning from April," it added.
Based on this, YMI would promptly begin the closing of its books and corporate liquidation, it said. When contacted about the possible changes due to the new development, a YMI spokesperson said: "It will be business as usual for the employees and business partners of YMI."
Yamaha currently employs about 2000 employees in India.
Last year the Japanese bike major and Mitsui had agreed to review possibilities for the latter's participation in various areas of YMC's business activities and strength in overseas business and cooperative ventures in other areas of business.
"The decision announced on Wednesday is a result of these reviews and repeated discussions with a focus on a "comprehensive joint business venture in India," the statement said.
Yamaha had entered into a joint venture with the Escorts Group in 1996 for manufacturing motorcycles in India. Since 2001, the company has been operated as the 100 per cent YMC-owned subsidiary.
In 2005, a separate sales company, Yamaha Motor India Sales Private Limited, was established, after which the Yamaha motorcycle business in India was conducted by two Companies specialising in manufacturing and marketing respectively.
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