Lakshmi Venu, granddaughter of T S Srinivasan (TVS) and A Sivasailam (The Amalgamations Group), is managing director of Sundaram Clayton Limited (SCL) and director of TAFE Motors and Tractors Limited (TMTL).
TVS Electronics Ltd approved the issue of 2,11,000 options conferring a right to acquire equity shares of Rs 10 under employee stock option scheme and employee stock purchase scheme at Rs 70 per option/share.
TVS was represented in court by K Parasaran, Mukul Rohtagi and Dushyant Dave, among others. C A Sundaram appeared for BAL.
Bajaj Auto had accused TVS Motor of infringing its patent on DTS-i -- acronym for Digital Twin Spark Plug ignition -- in TVS Flame. TVS, in its latest 125 cc motorcycle Flame, uses CCVTi technology which Bajaj claims to be a copy of its DTS-i technology. The Pune-based two-wheeler maker uses DTS-i technology in various products including the Pulsar series of bikes.
The company is also planning to set up a manufacturing subsidiary in one of the south Asian countries.
The Pune-based company pointed out that the Chinese manufacturer Taian Chiran Machinery Co and its Sri Lankan distributor were recently instructed by a Sri Lankan court to withdraw their copy of Bajaj Pulsar with DTSi technology from the market.
At Rs 46,534 (ex-showroom, Mumbai), the Jupiter is a well rounded package offering tremendous value for money, writes Faisal Ali Khan of MotorBeam.com.
TVS Electronics Ltd board approved a merger with TVS eTechnology Ltd. One TVS Electronics share will be swapped for each eTech share.
We look beyond its good looks and premium feel.
The stand-off between Bajaj Auto and TVS Motor Co over the alleged patent infringement continues with both the companies sticking to their positions.
Ahead of the festive season, several passenger and commercial vehicle manufacturers have agreed to offer discounts of 1.5-3 per cent on new vehicle purchase against scrapped old vehicles after a meeting with Union Minister Nitin Gadkari, an official statement said on Tuesday. The statement further said Mercedes Benz India has offered a flat discount of Rs 25,000, which will be over and above all existing discounts. Union Road Transport and Highways (RT&H) Minister Nitin Gadkari on Tuesday chaired a meeting with the SIAM delegation at Bharat Mandapam, where he addressed pressing issues in the automobile industry.
TVS Motor couldn't hold on to its day's high of Rs 426 on Tuesday after the company reported disappointing sales for the month of March 2003.
Though academically well qualified, doesn't have enough experience, says the firm.
low-cost plans dovetail perfectly with the company's decision to make affordable new models.
Our growth has been 42 per cent over last September
'The combination of star power, compelling storytelling, and action-packed drama promises to set the box office ablaze and kickstart the new quarter on a spectacular high note.'
The brand new Wego is all set to take on the Honda Activa-i and the recently launched Suzuki Let's. The question is, will it be able to?
The state is also the biggest market for TVS, another incumbent player, and together with Bajaj Auto, they accounted for 88 per cent of Maharashtra's total electric scooter sales last month. As many as 8,417 units were sold in Maharashtra in September. Bajaj Auto's contribution was 4,048 vehicles and that of TVS was 3,389, according to model- and state-wise data from the Society of Indian Automobile Manufacturers (Siam).
Industry leaders on Thursday mourned the death of Ratan Tata saying with his demise India has lost a visionary who shaped its industrial and philanthropic landscape. Tata was a truly remarkable business leader who placed the country before business interests, and whose vision was truly transformational for a country and its people, TVS Motor Co Chairman Emeritus Venu Srinivasan said in a statement. "Mr Tata was a truly remarkable business leader, the likes of whom nations get only once in a century," he added.
TVS Motor Company on Thursday said it would hit the Indonesian market by October 2006 with its step-thru vehicle.
AAERB's permission for RAPP-7 paves the way for the subsequent phases of reactor commissioning leading to its commercial electricity generation.
A number of smartphone players such as Xiaomi, Samsung, LG and Micromax also have smart TVs in their product portfolio.
The bench consisting of acting Chief Justice of Madras High Court S J Mukhopadhyaya and Justice Ibrahim Kalifula on Monday set aside the earlier order according to which TVS Motors was restrained from using the twin spark technology, which was patented by Pune-based, India's second largest two wheeler manufacturer Bajaj Auto.
The environment ministry is likely to soon issue regulations that will mandate automakers to recycle a specified percentage of steel from old vehicles, starting from the next financial year, according to people familiar with the matter. "We recently held a meeting with members of the Society of Indian Automobile Manufacturers (Siam). "The final regulations are likely to be issued in the next 10 days," a government source informed.
The company unveiled a 105-inch screen UHD TV, which it claims is the world's largest curved UHD TV.
The board of directors of TVS Motors, at its meeting held on Monday, has cleared the proposal to set up two wholly owned subsidiaries in the overseas market.
The new bike -- Flame SR 125 -- would be an advanced version of its existing model Flame, which has single spark CCVTi engine. Meanwhile, sources said Flame SR 125 would be available in showrooms from next week.
The way video is being watched and monetised is changing. This is the first thing that stands out as the penetration of smart TVs continues to rise.
To develop a series of motorcycles for the 250-500 cc segment
The board of directors of TVS Motor Company will meet on October 17 to consider the sub-division of equity shares of Rs 10 each.
For the entire 2010-11 fiscal, the company's sales jumped by 33.17 per cent to 20,46,668 units from 15,36,919 units in the previous fiscal, TVS Motor Company said in a statement.
WikiLeaks has released what it termed as the biggest-ever leak of confidential documents from the Central Intelligence Agency, claiming the America's premier spy agency partnered with foreign intelligence agencies to turn TVs and smartphones into weapons for surveillance.
A division bench of the Madras high court on Thursday suspended the interim order restraining TVS Motor from booking or selling its recently launched 125cc bike, Flame.
Although the revocation application was filed in August, it takes time for the Apellate Board to send notices and hence, TVS took upon itself to inform BAL about the same.
Bangalore-based TVS Motor Co has filed a Rs 250-crore (Rs 2.5-billion) defamation suit against Bajaj Auto Ltd in the Bombay high court, against the latter's allegation of patent infringement. Earlier, BAL alleged that TVS had copied its patented DTS-i (Digital Twin Spark plug ignition) technology in the 125 cc TVS Flame, slated to be launched in December this year.
The Ministry of Heavy Industries announced on Tuesday that it has received bids from seven players for the re-bidding tender of the 10 gigawatt-hour (Gwh) tranche of the Advanced Chemistry Cell (ACC) manufacturing production-linked incentive (PLI). "The list of bidders (in alphabetical order) who have submitted bids in response to this tender are ACME Cleantech Solutions, Amara Raja Advanced Cell Technologies, Anvi Power Industries, JSW Neo Energy, Reliance Industries, Lucas TVS, and Waaree Energies for a cumulative capacity of 70 Gwh," the ministry said in a statement. After the re-auctioning for the manufacturing unit was announced in January, the pre-bid meeting was held on February 12, the ministry said.
Leading automakers Maruti Suzuki, Hyundai and Tata Motors reported decline in wholesales in August as the companies curtailed vehicle dispatches amid drop in demand and to cut inventories at dealer level. Market leader Maruti Suzuki India said its total domestic passenger vehicle wholesales were at 143,075 units last month as compared to 156,114 units in the year-ago month, registering a dip of 8 per cent. Sales of mini segment cars, comprising Alto and S-Presso, declined to 10,648 units last month as against 12,209 units a year ago.
Nearly half the households in villages had a television, but only less than 10 per cent owned a refrigerator in 2011-12, as per the latest government survey.
