![]() ![]() Training is the method of learning new things through education, practice and experience. Training effort is one of the useful litmus test to judge the reality of the adoption of the HRM policies in the organization. In this era of cut-throat competition and the changing scenario of business, training and development becomes an inseparable part of HRM. Missed ITR deadline or want revised return? Interest, penalty, refund implications.Training and Development is an emerging concept in the wide field of Human Resource Management (HRM).No 'return to office' mandate at Cognizant.Paytm CEO Vijay Shekhar Sharma to buy 10.3% stake in company from Antfin Holding.Dr Reddy's special initiative for the dermats!.Tomato drives 28% rise in veg thali price: Study.UPI & RuPay: What’s the next milestone for India’s digital payments revolution? Watch video.MPC meet: No impact on EMIs as RBI keeps repo rate unchanged at 6.5%.Maharaja takes a back seat in Tata's Air India.SBFC Finance IPO share allotment today: Here’s how to check the status. ![]() “The rural markets are likely to be the bigger support,” he said, adding, “their contribution to the company’s total sales was expected to go up to 45% from the existing 40%.” Speaking on the company’s existing motorcycle portfolio, Munjal said Hero Honda was expecting buoyancy in demand to continue in 2010 and was looking at growth from both the rural and urban markets in 2009-10. Hero Honda may look at a 5 lakh-unit annual production capacity.” Since a low-cost bike has a good demandpotential in the Indian market, the companies had thought of looking at working on such a model, he added. Perhaps, we will have to look at not using the current types of raw materials, or the manufacturing processes.” Munjal refused to divulge the R&D expenditure on the bike, but said, “high volumes need to be there to justify investments. ![]() “It has to be done this way,” he said, adding that the companies had to think out-of-the-box to derive low manufacturing costs. “We should take close to 10-12 months to finalise our strategy on this.” Munjal said to make a breakthrough price possible for the model, the companies decided to work on it from the scratch. He said the two partners had started exploratory work on the project a few months back and hoped to wrap it up in about an year’s time. ![]()
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