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Honda Launches New 163cc CB Unicorn

PANAJI: Honda Motorcycle & Scooter India Pvt Ltd (HMSI) recently launched the all new CB Unicorn 160. Powered by the latest 163cc Mid-Sized Advanced Honda engine that comes with magnificent enhancements, it offers the perfect mix of style, design and high fuel efficiency. With its latest offering, Honda is set to reignite its relationship with India’s youth population aged between 25-35 years that demands best-in-class performance delivering premium riding experience with improved fuel efficiency. The new engine delivers unbeatable power and torque even at low speed. The improved and upright sitting posture of the motorcycle adds a renewed comfort level for everyday riding. CB Unicorn 160 comes in 4 colours – Imperial Red Metallic, Pearl Black, Geny Grey Metallic and Sunbeam White and is available for sale in two variants – Standard and CBS. The CB Unicorn 160 is attractively priced at Rs 73,541 for the standard variant; and Rs 78,795 for the CBS variant (Ex-showroom, Goa). The vehicle is kept for display at Goa Rajee, Nuvem showroom. NT


Phorum sparkles your Valentines’ Day

PANAJI: Phorum Jewels is here to spice up your Valentines’ Day with beautifully crafted exclusive real diamond studded jewellery in lovable motifs and heart swooning patterns  at the exhibition-cum-sale at Rampon, Hotel Mandovi, Panaji on Wednesday 4 and Thursday  5 February, 2015. Lovable necklaces, diamond rings, bracelets, earrings, gold bangles enriched with precious and semi precious stones will make memorable gifts on this very special Valentines’ day. Exclusive handcrafted real diamond jewelry set in 18K gold in elegant designs and high quality execution will provide you with excellent choice to celebrate this special day of love and emotion in a very special way with gifts from Phorum. Watch out for Phorum exhibitions at Nanutel Hotel, Chandni Hall, Margao on Saturday 7 and Sunday 8 February 2015. Timing of all exhibitions is from 11 a.m. to 8 p.m. NT


Indoco Remedies Q3 PAT grows by 53%

PANAJI: Indoco Remedies has reported a 53 per cent growth in Profit After Tax (PAT) during third quarter of FY15 at Rs 21.6 crore compared to Rs 14.1 crore in the corresponding quarter last year. Net revenues during the quarter under review grew by 13 per cent to Rs 212.9 crore as against Rs 188.4 crore for the same period last year. The company’s domestic formulation business has introduced three new products taking the tally of new products launched to 17, till December 2014. International business revenues grew by 22.9 per cent at Rs 83.3 crore as against Rs 67.7 crore for same quarter last year. In the regulated markets, contribution of Europe is 35.9 per cent, followed by US at 31.7 per cent. Earnings per share in October 2014 to December 2014 rose to Rs 2.35 from Rs 1.53 in the same quarter last year. Suresh G Kare, chairman, Indoco Remedies, said, “The company has consistently improved the EBIDTA margins quarter after quarter and is hopeful to continue this trend further. For the third quarter, EBIDTA margin to net sales is at 20.1 per cent at Rs 42.7 crore as against 15.8 per cent at Rs 29.8 crore during the same quarter last year. Well laid down strategies and timely execution thereof has helped us in delivering a good and consistent performance.” NT

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