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US Senate Republicans to propose $300 billion coronavirus aid bill Customers buying high-value products through credit card EMIs at all-time high: HDFC Bank Societe Generale buys 0.7% stake in Strides Pharma, Mayfield XII Mauritius offloads 4.8% shares in Tejas Networks … [Read more...] about Signs of normalcy: Life insurers post 15% rise in new premiums in August

Mumbai: India’s market for premium motorcycles — those priced above ₹1 lakh — crossed the 1-million-unit annual sales milestone in fiscal 2018, growing at a much quicker pace than the overall bike segment.India is the world’s biggest twowheeler market and premium bikes make up for just 5% of the overall sales. But that share is set to increase, say industry experts, as more and more buyers are looking at larger and more powerful bikes than just the mass-market commuter options.In the year ended March 31, 2018, the premium segment of bikes displacing 150 cc to 2 litres grew 20% to 1.02 million units, compared with a 14% expansion in overall market.This outperformance is a clear sign of a maturing market, say experts. Not only people are upgrading to big bikes, but the youth of today is willing to move straight to premium and highperformance bikes due to easy access of finance.Rishad Cooper, a two-wheeler expert and former editor for bikes at Autocar India, … [Read more...] about Enfield Drives Premium Bike Sales to 1 m

Ducati, the Volkswagen Group-owned Italian superbike maker, aims to sustain double-digit growth momentum in India where it sees volume growing 100% in the next 3-4 years. The iconic brand, which re-entered India in 2013, is actively expanding product portfolio and sales network as Indians increasingly lap up superbikes. Apart from introducing four new products this year, Ducati will be adding showrooms in Chennai and Hyderabad and is contemplating starting a used-bike vertical with 2,000 Ducati bikes already plying on Indian roads. India is a very strategic market for the brand and the company is investing here to be prepared for a take-off in the premium-bike market, Ducati India managing director Sergi Canovas told ET . "The premium-bike segment is not big enough, but it has a big potential to grow. India is a country with 1.3 billion population (and) can give you big scale in the future," Canovas said. "The spending power is growing, the passion for biking is amazing - it is not … [Read more...] about Ducati Gears up for Premium Take-off

Due to the COVID-19 epidemic, consumers are paying more attention to health risks, and the premium of accidental health insurance reached 15.53 billion yuan in H1, up 35.76 percent year-on-year, according to the association. … [Read more...] about China’s online property insurance premium shrinks 2.73% in H1

OnePlus may reportedly be planning a change in its ‘premium strategy’. The company which has been launching two variants of its premium phones since the second half of last year, may not launch the ‘Pro’ variant this year. A tipster going by the name Max J claims that this year there may only be a single T-series phone and that the company may give ‘Pro’ version a miss. In a cryptic tweet, Max J claims that the company may not launch OnePlus 8T Pro this year. @rolling_tech Exactly … [Read more...] about OnePlus may ‘settle’ for change in its ‘premium strategy’