• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager
• BL Club
• Smartbuy

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

New Delhi, Nov. 24 Hyundai Motors India Ltd on Monday announced a cash discount scheme for public sector employees. The offer is an extension of its earlier scheme launched in October for government employees in response to the implementation of the Sixth Pay Commission.

As per the offer, the company is offering a discount of Rs 17,000 on its hatchback Santro non-A/C model, Rs 22,000 on Santro GL/ GLS variant, Rs 10,000 on its premium compact car i-10, Rs 22,000-27,000 on Getz and 31,000 on its sedan Verna. In case of non government employees, it is an insurance and a three-year warranty on Santro, Rs 3,000-5,000 discount on i10 and Rs 4,000-8,000 discount on Getz models.

“In view of the fact that the central government owned PSU employees are due to receive the arrears of their salaries after revision in the Sixth Pay Commission, the arrears can be utilised as a down payment for purchase of a car and the revised salary increment will help them to accommodate their monthly EMIs,” said Mr Arvind Saxena, Senior Vice-President, Sales and Marketing, Hyundai Motors India.

The company also said that it had extended its government employee scheme till November end taking in to account the success of the scheme.

More Stories on : Strategy | Human Resources | Cars

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line