Growth

NEW DELHI: British premium bike maker Triumph Motorcycles expects India sales to grow 5-10 per cent in the 12-month period ending June 2020 on the back of new products, which are expected to make up for the low offtake in first half of the year, according to a senior company official. The company, which follows July-June financial year, plans to bring two more new products between January and June 2020 to add to its recently unveiled flagship model Rocket 3R priced at Rs 18 lakh. It is also gearing up to roll out BS-VI compliant bikes from January and have its entire range under the new emission norms by March. "We are seeing a decent 9-10 per cent growth in September-November compared to the same period last year. This is a positive sign after a weak July-August," Triumph Motorcycles India General Manager Shoeb Farooq told PTI. He said the company is looking at a growth of 5-10 per cent in December. "If this continues we are looking at crossing 1,000 motorcycles for the ongoing … [Read more...] about Expect up to 10% sales growth, BS-VI bikes rollout from Jan: Triumph India

Additionally , provincial authorities should have mechanism to encourage travel agents to launch more unique tours, said HCMC Party Chief Nguyen Thien Nhan. Chairman of the People’s Committee in Bac Lieu Duong Thanh Trung said the Mekong delta tourism has not developed as expectation as the region falls short of specific destinations, tourist entertainment and strategies as well as mechanism to boost tourism. Sharing the same opinion, Deputy Chairman of the People’s Committee in Dong Thap Doan Tan Buu said that linkage between Ho Chi Minh City and 13 Mekong delta provinces and city for tourism growth is indispensable; however, the cooperation has not worked effectively for years. Determination to make breakthrough in tourism cooperation between Ho Chi Minh City and the Mekong delta region was manifested at the seminar organized in Ho Chi Minh before. Dong Thap leader believed the seminar as significant landmark for not only tourism development but also traffic … [Read more...] about HCMC, Mekong delta link to make breakthrough in tourism

Selling Louisiana-made products across the nation and in some cases the world can be rewarding, but getting there can be a challenge for young companies.Local entrepreneurs suggested in recent Baton Rouge Entrepreneurship Week discussions that there are riches in niches if founders are willing to do the networking and trade shows to get attention. But they can face unexpected growing pains, even drown in their success if they expand too quickly or can't meet unforeseen demand. That can mean approaching growth carefully.  Out-of-state tech startup wins $100K pitch competition in Baton Rouge Pass It Down, a technology startup founded in Tennessee with headquarters in Austin, is relocating the base of its operations to Baton Rouge a… For weeks after a local television news affiliate carried the story of Baton Rouge startup Lubricity Labs nationwide, the hair care products maker was overwhelmed with orders, many of which fell through because of excessive demand that … [Read more...] about Selling Louisiana products nationally can come with unexpected growing pains

Four finalists have been selected for a shot at $100,000 in a business pitch competition in November as part of Baton Rouge Entrepreneurship Week, an annual startup business conference known as BREW.The finalists are Baton Rouge-based companies Block Lawncare, which connects homeowners with employees for landscaping services, and digital currency startup Moxey; New Orleans-based accounting blockchain startup Gilded; and Chattanooga, Tennessee-based Pass it Down Inc., which builds software for museums to have virtual storytelling timelines. The out-of-state company would be required to relocate its headquarters to Louisiana.More than 40 startups applied for the competition, the first round of which was narrowed to 11 semi-finalists by a panel of judges starting with financial history and experience of the company executives. The semi-finalists pitched to investors on Thursday during a closed-door session at the Louisiana Technology Park organized by Nexus LA. Entrepreneurs will … [Read more...] about Baton Rouge Entrepreneurship Week $100K pitch competition finalists

A building permit has been issued for a $6 million medical marijuana grow facility that will be built at the site of a former Pepsi distribution plant near Highland Road and Interstate 10 in Baton Rouge.City-parish government issued the permit for the facility at 18350 Petroleum Drive on Thursday. Plans are to renovate the nearly 36,000-square foot building and install a modular clean room. GB Sciences selects former Pepsi distribution site for medical marijuana facility in Baton Rouge GB Sciences, the Las Vegas-based company handling medical marijuana operations for the LSU Agricultural Center, signed a lease on the building in August.AgCenter officials have said medical marijuana grown at the facility should be available by late summer.Bill Settoon Jr., vice president and general manager for GB Sciences Louisiana, said in February that less than 20 people will work at the growth facility.LSU also will build out 5,000 square feet of lab space for AgCenter employees."This is a … [Read more...] about Building permit issued for multi-million dollar medical marijuana facility on Highland Road

Imran Khan was inaugurated Saturday in Islamabad as Pakistan's 22nd prime minister. As an opposition leader, Khan always demanded the South Asian country get rid of widespread corruption, ensure social justice for all and focus on health, education and development. Khan and his party, Pakistan Tehreek-i-Insaf (PTI), now have the opportunity to deliver what he has demanded from others over the past 22 years – and he has five years to show that he can deliver. Read more: Imran Khan: A new hope or divisive force for Pakistan? However, the prime minister faces a multitude of major problems that will need to be addressed immediately. Pakistan's economy is in bad shape. Its trade deficit is running into tens of billions of dollars and there is the risk of an imminent financial crisis. If that were not enough, militancy, terrorism and tense relations with foreign powers have made things worse. From where will premier Khan start fixing these things? Khan's supporters in … [Read more...] about Pakistan facing multiple crises as PM Imran Khan takes over