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Volvo consolidates market leadership with new product launch

Bangalore, Apr 24 (UNI) Volvo India's Construction Equipment Division today consolidated its market leadership with the launch of its new EC 700BLC Excavator and G900 Series Motor Grader.

The EC700BLC and G930 came with specialisd features giving it an edge over other similar products existing in the market. The company had already a dominant and growing presence in the market with over 33 per cent share in the motor grader segment and a growing market share of 13 per cent in the excavator segment.

Built on extensive customer input and exhaustive research, the Volvo EC700BLC excavator had a commanding performance profile.

Speaking after the launch at its Hoskote plant, near here, Volvo Construction Equipment in India Head Mrityunjay Singh said ''When we designed the new EC700BLC, we examined every component to determine how to maximize comfort, reliability, productivity and serviceability.

''The result is a Volvo engine that is reliable and performance-driven, built to perfectly match hydraulic output levels for maximum productivity. A hydraulic system that is both tough and intelligent, designed to respond to the slightest operator command a cabin with a full range of operator conveniences and comforts to help the work day go smooth,'' he added.

The G390 Motor Grader, another state-of-the-art addition to Volvo's range of Motor Graders, was used for mining and road building construction. Its high performance, heavy-duty six-cylinder turbocharged Tier III Volvo engine allowed more work to get done with less effort.

Both the new products of Volvo had high reliability in terms of power, production and profitability that anyone working with construction equipment demands.

UNI MV MP VP1845

NCDEX records trade worth Rs 4,501 cr

Mumbai, Apr 24 (UNI) As many as 574 members of the National Commodity and Derivatives Exchanges (NCDEX) participated in trading worth Rs 4,501 crore (one way) upto 1700 hrs today. There were 1,00,090 trades put through by them. Active trades were in guarseeds, chana, silver, gold, wheat and urad, a NCDEX release said. On Saturday, about 563 members had participated in trading and put through more than 72,800 trades. The volume for the whole.....

Helios

New Delhi, Apr 24 (UNI) Helios and Matheson a key company in the IT sector, today announced an 89 per cent increase in net profit for the fourth quarter, (Q4) at Rs 11.29 crore. Income for the period registered a 72 per cent rise over the corresponding quarter in the previous year and stood at Rs 62.33 crore. Operating profit was Rs 16.31 crore reflecting an increase of 59 per cent. Earnings per share (annualised) for.....

Vijayakanth gets drum symbol

Cuddalore, Tamil Nadu, Apr 24 (UNI) Actor-turned politician Vijayakanth, who is testing the political waters from Vridhachalam, has been allotted the drum symbol to contest the May 8 Assembly elections. A total of 14 candidates are left in the fray in the constituency after deadline for withdrawal of candidature ended at 1500 hrs today. The process of allotment of free symbols to independents and registered parties was also completed. While the actor was allotted the drum.....
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