MAM
Triumph Motorcycles India ties up with HDFC Bank
MUMBAI: The British iconic motorcycle brand, Triumph Motorcycles recently announced their foray into India. To ensure potential buyers have the perfect finance option, Triumph Motorcycles has tied up with one of the leading Indian bank, HDFC Bank for providing a number of attractive finance schemes.
HDFC will offer exclusive finance options to Triumph customers for up to 80% of the loan value, attracting a 12.9% rate of interest and flexible repayment options that will range from 24-60 months. In addition, prospective customers can expect accelerated loan processing and personalized doorstep service by the bank staff.
Speaking on the occasion, Mr. Vimal Sumbly, Managing Director, Triumph Motorcycles India Pvt. Ltd. said, “We are extremely pleased to have tied-up with a reputed financial institution like HDFC. We are committed to provide a complete experience from financing to after sales to all our customers and this tie-up is a further indication of the work that has gone on behind the scenes. The financing options will certainly help our patrons to realize their dream of owning a Triumph Motorcycle.”
Mr. Deepak Shinde, Sr. Vice President, Business Manager TW & Superbike Loans, HDFC Bank, said, “It gives us great pride to be associated with a legendary brand like Triumph Motorcycles. Both HDFC and Triumph Motorcycles as brands lay utmost importance to customer satisfaction and hence, we feel it is a perfect alliance. Our quick and tailor-made financing options will provide consumers a hassle free and convenient buying experience. We are looking forward to having a long standing and mutually rewarding relationship with both, the consumers and the brand”.
Also present at the occasion of the tie up was Mr. Tarun Sachdev, Director-Finance, Triumph Motorcycles India Pvt. Ltd., “HDFC’s commitment towards customer service and their large nationwide network is what led to this partnership. The finance options are quick, easy and convenient, aimed to provide our customers with a hassle free and comfortable buying experience.”
Triumph Motorcycles launched 10 motorcycles for the Indian market in November last year. The much sought after line-up includes the classic Bonneville and Bonneville T100, the legendary Speed Triple, the largest production motorcycle the Rocket III Roadster, the class leading Street Triple, the cool café racer the Thruxton, the go anywhere Tiger 800 XC and Tiger Explorer, the stripped back and black Thunderbird Storm and the king of super sports bikes, the Daytona 675R.
Triumph’s exclusive dealerships will be operational from mid-January 2014 in Bangalore and Hyderabad. Thereafter, there will be more dealerships that will open up across India in key cities like Mumbai, Pune, Chennai, Cochin and Delhi, ensuring that customers from various parts of the country are able to enjoy the Triumph experience. From genuine parts and seamless after-sales services, to authentic merchandise and accessories; Triumph will ensure that a complete biking experience will soon be available to Indian riders.
MAM
Dish TV shareholders approve three independent directors
99.49 per cent vote of confidence strengthens board as company expands into connected TV, e-commerce and OTT.
MUMBAI: Dish TV has just been served a near-perfect vote of confidence and the shareholders have dished it out in style. Shareholders of the DTH operator have approved the appointment of three new Independent Directors with an overwhelming 99.49 per cent approval. The three appointees are Mr Arun Kumar Kapoor, Ms Heena Naishadh Bhatt and Mr Ashok Anant Paranjpe.
The strong mandate reflects continued investor faith in the company’s strategy, disciplined execution and long-term value creation. It comes as Dish TV focuses on stabilising its core DTH business while actively scaling new verticals connected TV platform VZY, B2B e-commerce ShopZop, and OTT service Watcho to build a more diversified and resilient growth trajectory.
Dish TV India Limited, CEO & executive director Manoj Dhobhal said, “We are encouraged by the shareholders’ approval of the appointment of the Independent Directors and sincerely thank them for their continued trust and confidence. The Board is already benefiting from the Directors’ collective experience, which will further sharpen strategic focus and support disciplined execution.”
With a fresh, strengthened board in place, Dish TV is well positioned to navigate the evolving media landscape. In a sector where every percentage point matters, a 99.49 per cent thumbs-up is the kind of ringing endorsement that suggests the company’s recipe for the future is already tasting right.
