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Renault logs orders for 1.5 lakh Kwids

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Chennai, July 7 

French car maker Renault has logged 150,000 orders for its new car Kwid launched in India in late 2015, the company said in a statement on Thursday.

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According to Renault, the Kwid enjoyed success with 150,000 orders in India since its launch, lifting its market share by 2.3 points to 3.8 per cent.

During the first six months of the calendar year 2016, Renault sold 61,895 units in India, accounting for a market share of 3.8 per cent, the company said.

For Renault, India was the sixth largest market in terms of sales volume at the end of June 2016.

The Renault group sold 1.57 million vehicles globally during the first half of 2016 logging 13.4 per cent growth over the corresponding period in 2015.

“Our market share grew across all regions, with particularly strong momentum in Europe and the Africa Middle-East India area. Buoyed by the success of a renewed range, the Renault brand grew by 16 per cent worldwide, and Renault Samsung Motors by 25.9 per cent in Asia. Dacia continued to grow setting a new worldwide sales record in the first half of the year,” Thierry Koskas, Group Renault Executive Committee member and Executive Vice President, Sales and Marketing was quoted as saying in the statement.

(IANS)

 

India

J&K: 1 terrorist killed, 2 Army men injured in an encounter in Kupwara

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army
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New Delhi, July 16: One terrorist has been killed and two 2 Army personnel were injured during an encounter in Safawali Gal in Kupwara along the Line of Control on Monday. One AK-47 rifle has been recovered from the terrorist. 

The encounter is currently underway.

Alert troops of the Army noticed suspicious movement in Safawali Gali and challenged the infiltrators.

“When challenged, the terrorists fired, triggering a gunfight. One terrorist has been killed in this operation which is still going on,” news agency IANS quoted the sources as saying.

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Key Indian equity indices trade flat in morning session

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Sensex Nifty Equity

Mumbai, July 16: The key Indian equity indices was trading flat-to-negative on Monday soon after opening.

The 30-scrip Sensitive Index (Sensex), was trading 15.79 points or 0.04 per cent lower soon after opening.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading 23.30 points or 0.21 per cent lower at 10,995.70 points.

The Sensex of the BSE, which opened at 36,658.71 points, was trading at 36,525.84 points (at 9.30 a.m.), lower 15.79 points or 0.04 per cent from the previous day’s close at 36,541.63 points.

The Sensex touched a high of 36,658.71 points and a low of 36,496.65 points in the trade so far.

IANS

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Over 4,000 pilgrims leave Jammu for Amarnath Yatra

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Amarnath

Jammu, July 16: Over 1,87,300 pilgrims have so far performed this year’s Amarnath Yatra as another batch of 4,195 pilgrims left Jammu for the Valley on Monday.

“A total of 4,195 Yatris left Bhagwati Nagar Yatri Niwas in two batches of 2,455 and 1,740 for the Valley in escorted convoys. Of these, 2,455 Yatris are headed for Baltal while 1,740 are going to Pahalgam base camp,” police said.

The 60-day long Yatra will end on August 26 coinciding with the Shravan Purnima festival.

IANS

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