Chennai, Aug 23 : Two and three-wheeler maker TVS Motor Company Ltd hopes to further increase its market share in the commuter motorcycle segment with its new 110cc model 'Radeon', said a senior company official.
The company launched the new model here on Thursday.
According to Sudarshan Venu, Joint Managing Director, the new bike will be the fourth one for the company in that segment after Sport, Star and Victor.
He said the company plans to increase its market share in the commuter segment with the launch of Radeon.
The commuter bike segment commands a market share of 45 per cent. TVS Motor has a share of seven per cent and with the new model, the company plans to take it up to 10 per cent.
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Bengaluru (PTI): Karnataka Chief Minister Siddaramaiah on Wednesday announced compensation for the families of three police personnel killed in a road accident in Chitradurga district, terming the incident “extremely tragic”.
The Chief Minister said an ex gratia of Rs five lakh each would be provided to the families of the deceased Reserve Sub-Inspectors, while Rs two lakh each would be given to those injured in the accident.
“An amount of Rs 5 lakh each will be provided as compensation to the families of the three Reserve Sub Inspectors who lost their lives in the horrific accident that occurred near Heggere Gate in Challakere taluk of Chitradurga district on Sunday, and Rs 2 lakh each to those injured. This is an extremely tragic incident. I pray that the departed souls find peace and that their families find the strength to bear this sorrow,” Siddaramaiah said in a post on X.
According to police, three sub-inspectors—Amaresh, Manjunath and Sachin—were killed and two others seriously injured after their car rammed into a lorry on the Bengaluru–Ballari highway on Sunday morning.
The accident occurred near Prakash Sponge Iron Company when the car, carrying five sub-inspectors travelling from Bengaluru to Ballari, crashed into a lorry moving ahead. As an impact, the vehicle was dragged for nearly 300 metres, officials said.
The injured, identified as Lakshman and Eshwar, were initially admitted to the Challakere Government Hospital before being shifted to a private hospital in Chitradurga and later referred to Davanagere for further treatment.
