Talking about the premium motorcycle segment, Pahwa said the company has a market share of 65.79 percent and claimed that they lead the way in developing a strong leisure motorcycle culture in the country.
Under the strategic expansion, Harley Davidson has taken the bike to tier II cities.
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N Mohapatra appointed Director Personnel of SAIL * N Mohapatra has taken charge as the Director Personnel of Steel Authority of India Ltd (SAIL).
Prior to this, he was Executive Director, Personnel, at SAIL's IISCO Steel Plant, Burnpur and Bokaro Steel Plant, Bokaro, according to a release.
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Bernard Martyris appointed as Kuoni Group Chief HR Officer * Switzerland-headquartered travel service provider Kuoni Group today said it has appointed Bernard Martyris as the Group Chief Human Resources Officer.
Martyris is currently the Chief of Human Resources at VFS Global, a subsidiary of Kuoni Group.
In his new role, Martyris will be responsible for the overall Group's HR strategy, leadership development, talent and performance management, Kuoni Group said in a statement.
(REOPENS DCM 115)
SKF India commissions 1 MW rooftop solar plant in Pune * Bearings and seals maker SKF India today commissioned its 1 MW rooftop solar plant at its manufacturing facility here.
With the commissioning of this plant, the total rooftop solar capacity of the company has reached 2.1 MW. The company has already set up a 1.1 MW project at its Bengaluru facility.
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"The agreement was formally announced during the recently held India-France Business Summit in Chandigarh.
"There is no capital investment in the first phase of this collaboration, however, following investigation if found suitable, the companies intend to set up manufacturing facilities," CG said in a statement.
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Rays Power to set up 50 MW of grid-linked solar systems * Rays Power Experts today said it has signed a contract with CPWDfor development ofRooftop Solar PV system under 50 MW Rooftop grid connected scheme in states across the country.
* Indian Chamber of Commerce and Nepal Chamber of Commerce today signed an agreement to improve people-to-people ties between the two countries besides increasing trade potential with Kolkata.
CareOnGo raises pre series A funding to enhance tech platform
* CareOnGo, a mobile chain of co-branded pharma stores, has raised an undisclosed amount in pre series A round of funding.
The B2B mobile network of pharmacies plans to use funds for enhancement of its technology platform and expand its e-Distribution setup.
Founded by IIT-IIM alumni, Aditya Kandoi, Ritu Singh and Yogesh Agarwal, CareOnGo has already built a co-branded network of micro-pharmacies across 8 cities in India which helps them procure, manage and sell through technology.
Birla Cellulose's Liva to enter saree segment in India * Aditya Birla-led Birla Cellulose today said its fabric brand Liva will enter the saree segment across India.
The company expects the saree category being extended to dhoti saree, pre-plated saree, pant sarees, lehenga saree, jumpsuit sarees, among others.
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GHCL to foray into spices sector
* The Rs 2,500 crore Gujarat Heavy Chemicals Ltd (GHCL), which is into edible salt manufacturing with I-FLO brand, will soon foray into spices segment, a top company official said today.
Negotiations are on with various stakeholders, particularly Kerala, to procure quality spices, specially packaged and also considering to import, GHCL Vice-President, Head, consumer Production Division, Gopakumar Menon said.
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Capital Small Finance Bank starts lending operations
*Reserve Bank today said Capital Small Finance Bank has commenced operations as a small finance bank.
It commenced operations as a small finance bank (SFB) with effect from April 24, 2016, RBI said in a release.
The Jalandhar-based CSFB has been set up by converting the erstwhile Capital Local Area Bank.
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Hilleman Labs initiates clinical trials for two vaccines
*Hilleman Laboratories, a joint venture of pharma major MSD and UK-based Wellcome Trust today announced initiation of Phase I/II clinical trial of its Rotavirus and Cholera vaccines.
The company has initiated clinical trials for heat-stable Rotavirus vaccine and innovative Cholera vaccine, Hilleman Laboratories said in a statement.
Freecharge appoints Fareed Jawad as VP Payments
* Digital payments firm Freecharge today said it has appointed Fareed Jawad as the Principal Product Architect and Vice President (VP) payments.
Prior to his appointment at Freecharge, he has worked with Amazon India and Flipkart as well.