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TRAI to consult telco operators on roaming tariffs

New Delhi: The Telecom Regulatory Authority of India (TRAI) plans to consult with all telecom operators on roaming tariffs as there is a growing feeling that there should not be any roaming charges when the subscriber is within the same network.

TRAI will hold an open house discussion here tomorrow with all the stakeholders, including national operators and other regional players, on "Review of Ceiling Tariffs for Roaming Services."
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GM India's sales up 16 per cent in 2006
New Delhi: General Motors India (GMI) registered a 16.2 pc growth in sales at 35,823 units in 2006 as against sales of 30,837 units in 2005 on the back of three Chevrolet models, the Aveo, SRV and Aveo U-VA.

P Balendran, vice president of GMI, said the year 2006 marked the greatest product offensive in the company's history as the Chevrolet Indian Revolution picked up momentum. The company reported 19.4 pc sales growth in December 2006 at 2,583 units as against 2,163 units in the same month in 2005.

The company sold 1,517 units of Chevrolet Tavera, 759 units of Chevrolet Aveo and 307 units of Chevrolet Optra in December.
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Hero Honda sells 2.45 lakh bikes in December
New Delhi: Hero Honda Motors reported a marginal increase in motorcycle sales for the month of December 2006 at 2,45,175 units against 2,45,104 units sold in December 2005.

The company sold 7,287 units of its scooterette, Pleasure, in December.

Total sales (including exports) for December stood at 2,52,462 units as against 2,45,104 units in the same month a year ago, an increase of 3 pc.
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Bajaj to launch DTSi scooter Crystal
Pune: Bajaj Auto is planning to launch a new automatic scooter under the brand name of Crystal built on the DTSi platform.
The new scooter will be launched later this month.

The company at its annual general meeting had announced a breakthrough in terms of the DTSi technology, and said a highly environment-friendly product would be introduced in the near future.

The statement also said the company will increase its motorcycles production to 300,000 per month by March 2007.

Bajaj Auto sold 1, 87,000 motorcycle units in December 2006, a 26 per cent growth over December 2005 sales of 1, 48,000 units.
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BHEL to increase capacity to 15,000 MW
New Delhi: Bharat Heavy Electricals (BHEL) has announced an investment of Rs3,200 crore in the 11th Plan to expand annual equipment manufacturing capacity to 15,000MW.

The company recently completed its first phase of expansion to increase capacity to 10,000 MW at an investment of Rs1,200 crore and is now developing a plan to expand further.

The total investment of Rs3,200 crore would be in a combination of expansion through brownfield capacity and modernisation of existing facilities. Bhel would spend Rs2,500 crore on expansion and the rest Rs700 crore for modernization.

The expansion and modernization would be in motion in the 11th Plan (2007-2012).
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Maruti still leads with 24-per cent market share
New Delhi: Maruti Udyog's sales increased by 23.7 per cent at 56,985 vehicles in December 2006 against 46,079 in the year-ago period.

The sales rise was led by the premium hatchback compact segment cars - the Alto, Wagon-R, Zen and Swift - which grew by 35.6 per cent on year-on-year basis to 38,461 units (28,367 in the corresponding month last year).

Sales in the C segment - the Omni and Versa - grew 40.6 per cent to 6,523 vehicles in December this year compared with 4,638 vehicles in December last year.

Driven by demand in the rural market, sales of Maruti's entry-level hatchback M-800 grew by a modest 0.5 per cent to 7,289 cars during the month (7,252).

However, the premium C segment sedans - Baleno and Esteem - witnessed a fall in sales by 13.5 per cent at 2,127 cars from the year-ago figure of 2,459.
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domain-B : Indian business : News Review : 2 January 2007 : companies