Diana M. Cuyler – Page 25 – Velocette Records

Heckin’ Unicorn is a gay-owned brand that makes stylish accessories

June 21, 2022 Diana M. Cuyler Motorcycle Brand

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Want to wear your LGBTQIA+ pride on your sleeve? Or maybe on the lapel of your jacket? Designer Yu Sheng Teo has what you need! In this episode of Pink Money, host Teraj (@teraj08) sits down with Yu Sheng to talk about his brand Heckin’ Unicorn (@heckin.unicorn). Heckin’ Unicorn is a Singapore-based, gay-owned brand that makes a variety of stylish pride accessories, from socks to pins!

Yu Sheng was inspired to start Heckin’ Unicorn after feeling uninspired by the existing line of pride accessories. “It started as a side project,” the company owner told Teraj. “I had seen a few pride pins and pride merchandising designs and to be honest they all looked like pride flags, just in different shapes. So I started designing pins.

At first, Heckin’ Unicorn’s pins were subtle. Many featured cute animals or inanimate objects sporting different LGBTQIA+ colors. “But, of course, over time the designs started to become less and less subtle,” Yu Sheng recalls. “We’ve had a lot of pronoun pins and ‘Queer AF’ designs that aren’t really so subtle anymore.”

Today, Heckin’ Unicorn sells a wide range of pins, socks and other accessories. But while they constantly release new products, Heckin’ Unicorn’s designs are always playful and positive, serving as a celebration of the diversity of the LGBTQIA+ community.

Yu Sheng tells Teraj that he likes to make clever puns when designing his pins. “A lot of pin designs are based on puns and jokes,” he explains. “An example of a pun, I suppose, is the pancake pin. He sports the colors of pansexual pride, but to the average person he looks like a pancake. We have a bi bike hairpin. And, again, it’s a pun on the word bi, and it just has bi pride colors.

Other Heckin’ Unicorn designs aim to make members of the LGBTQIA+ community feel safe. “It’s the ‘They/Them’ pin,” Yu Sheng said, holding a pin engraved with the words “They/Them.” “The idea of the pronoun pin is quite different from most other pin designs. It should be obvious. Showing our pronouns is a really easy way to show that this is a safe space, you can tell me your pronouns, and I will respect that.

In addition to designing stylish accessories, Yu Sheng uses her platform to speak out on issues affecting the LGBTQIA+ community. “Heckin’ Unicorn is actually quite vocal when it comes to queer issues, especially those in Singapore,” says the small business owner. “We will publish articles that really highlight a specific and tangible way in which we are discriminated against by the state. Behind the article we publish, behind every statement we make, it’s like months of research and a lot of thought behind it, to make sure we only publish things that are accurate and correct.

Yu Sheng tells Teraj that pins and socks are just the start of Heckin’ Unicorn. The brand, he explains, has a bright future with many exciting new products in the pipeline. “So we have just launched our first models of earrings. It’s quite exciting,” he says. “And earlier this year, we also just launched our first backpack model. There will be more designs and products we release throughout the year, so stay tuned for that.

The post Heckin’ Unicorn is a gay-owned brand appearing in stylish accessories for the first time on In The Know.

Yamaha announces price hike of up to Rs 2,000 on certain products in India

June 20, 2022 Diana M. Cuyler Motorcycle Price

In line with recent market and economic conditions, Yamaha has announced a price hike of up to Rs 2,000 on certain products in India.

Yamaha has announced a price hike for some products in its Indian portfolio. Starting with the brand’s flagship scooter which saw a price hike of Rs 2,000 bringing the price to Rs 1.39 lakh (ex-showroom). It should be noted that the last scooter price increase was announced just a month ago.

Similarly, the disc brake equipped versions of the Fascino and RayZR Hybrid received a marginal price hike of Rs 500. After the price hike, the Fascino Hybrid now costs between Rs 83,630 and Rs 85,630. Meanwhile , the RayZR Hybrid will now cost between Rs 83,930 and Rs 87,930.

As for motorcycles, the MT-15 has received a price hike of Rs 2,000. The new price on the MT-15 is now at Rs 1.61 lakh (ex-showroom) for the black color option and Rs 1.62 lakh (ex-showroom) for other color options.

The prices of the entire FZ range and the FZ-X motorcycle have increased by Rs 1,000. With the new hike, the FZ-FI range now starts at Rs 1.12 lakh (ex-showroom) and goes up to Rs 1, 23 lakh (ex showroom). Similarly, the FZ-X now has a price tag of Rs 1.31 lakh (ex-showroom).

Also Read : Benelli Leoncino 500, 502C Prices Rise Up to Rs 16,000 in India

The company’s top-end product, the R15 V4, gets a slight price hike of Rs 500 across all variants. This excludes the 60th Anniversary Edition whose price has now increased by Rs 900. The R15 V4 range will now cost you between Rs 1.77 lakh (ex-showroom) and Rs 1.88 lakh (ex-showroom)

Motorcycle sales increase slightly in May – Latest News – The Nation

June 20, 2022 Diana M. Cuyler Motorcycle Sale

ISLAMABAD – The sale of motorcycles and three-wheelers increased slightly in May 2022 to 148,002 units compared to the sale of 147,729 units in the same month of the previous year, showing an increase of 0.18%. On a monthly basis, the sale decreased by 2% in May 2022, compared to the sale of 151,705 units in the previous month of April 2022. On average, the sale of motorcycles and three-wheelers also saw a decline of 3.9% as sales fell. from 1,747 million units registered in July-May (2020-21) to 1.679 million units in the same period of the current financial year, according to the latest data released by the Pakistan Automobile Manufacturing Association (PAMA) . Sales of Honda motorcycles fell from 1.182 million units in the 11 months of the prior fiscal year to 1.25 million units in the same period of the current fiscal year. Similarly, the sale of Suzuki motorcycles also increased from 22,085 units to 34,578 units during the period under review. Similarly, the sale of Yamaha motorcycles also saw an upward trend as it increased to 21,496 units from 19,324 units in the corresponding year last year. The sale of Ravi motorcycles, however, plunged to 3,160 units in 11 months of the current financial year compared to the sale of 5,788 units during the corresponding period of the previous financial year. Sales of United Auto motorcycles also declined from 341,151 units to 248,670 units in the 11 months of the current fiscal year. Sales of Road Prince Motorcycles also saw a sharp drop of 35%, from 131,171 units to 84,251 units in July-May (2021-22). Among three-wheelers, the sale of Sazgar Three Wheelers has increased from 13,723 units in July-May (2020-21) to 13,886 units this year. United Auto Three Wheelers sales fell sharply, plunging to 2,853 units from 6,194 units.

Muse treatment center on Hollywood drug delivery industry behind recent overdose deaths

June 20, 2022 Diana M. Cuyler Motorcycle Business

/EIN News/ — Los Angeles, June 20, 2022 (GLOBE NEWSWIRE) — Los Angeles, California –

Los Angeles, California – The convenience of meals delivered to homes, household items and many other products with just a few clicks of your cell phone has arrived in the world of drugs. But authorities in Hollywood, Calif., are warning that home-delivered drugs can come with something no one ever orders: arrest and even a fatal overdose.

Muse Treatment, a Los Angeles alcohol and drug rehabilitation center, urges drug addicts to avoid the dangerous service, noting that at least one person has been found dead in their home after ordering drugs over the phone. Its alleged dealer had a team of drivers to make the deliveries.

Investigators say the man purchased cocaine and oxycodone over the phone from the alleged drug dealer, who offered a full menu of substances including acid, ecstasy, mushrooms and several other drugs . Like any meal or shopping service, the dealer has added a delivery charge.

The client was found dead on his kitchen floor the following morning. He had apparently overdosed on the drug, which officials said was laced with fentanyl.

The victim’s death led to a thorough federal investigation that uncovered the drug delivery service the alleged trafficker was accused of running from his Hollywood apartment. Their job was made a little easier by the long trail of evidence she allegedly left: money collected through cash apps, records stored on laptops and cell phones.

The alleged delivery customer was one of nearly 100,000 Americans who died of drug overdoses in the year ending April 2021 — a record number — according to data from the Centers for Disease Control and Prevention of the United States. United States. His apparent death from fentanyl was a tragic end that is all too common for drug addicts. Dealers often add synthetic opioids to counterfeit prescription drugs because they are cheap and easy to obtain. But it packs a powerful high that is several times stronger than morphine. Many users are unable to deal with its effects. The drug is responsible for much of the record number of fatal overdoses. According to the United States Drug Enforcement Administration, many of these pills are manufactured in Mexico and imported into the United States.

The Hollywood case wasn’t the first case of someone ordering drugs over the phone, but it’s part of a new twist in the drug trade. According to Interpol, the closures imposed by the COVID-19 pandemic have led many criminals to use food delivery services to cover their business of delivering drugs and other illegal goods. The international police agency said it had received reports from Irish, Malaysian, Spanish and British police that food delivery drivers were actually delivering drugs such as cocaine, marijuana, ketamine and ecstasy.

Spanish police have arrested seven people for using bicycles, motorbikes and cars to deliver marijuana, cocaine and other drugs, which they concealed in official meal delivery backpacks

In Ireland, police recovered 17 pounds of cocaine and two handguns from pizza boxes.

There have been no reports of drug cases in Europe leading to fatal overdoses, but the drug crisis isn’t limited to the United States, so it’s likely home delivery customers haven’t escaped. at risk.

When isolating at home due to lingering COVID fears, it’s tempting to just pick up the phone and call someone who can provide chemical comfort – just as one may have gotten into the habit of ordering high-calorie comfort foods. Instead, contact Muse Treatment to begin the recovery process for yourself or a loved one. Muse Treatment offers comprehensive treatment for alcohol dependence or other substance use disorders. For assistance or more information, call (800) 426-1818.

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For more information about Muse Treatment, contact the company here:

Muse treatment(800) 426-1818

1251 Westwood Boulevard, Los Angeles, CA 90024

muse-treatment

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Agnipath Protest: Police Vehicle and Road Buses Burned in UP’s Jaunpur

June 19, 2022 Diana M. Cuyler Motorcycle Business

A police vehicle was torched and two Uttar Pradesh Roadways buses were vandalized in Jaunpur as unrest against the Centre’s Agnipath program spread across the state.

Meanwhile, Rashtriya Lok Dal (RLD) and Aam Aadmi Party (AAP) workers protested in Meerut over this.

No less than 340 people have been arrested so far, including those who have been taken into preventive custody.

In Kannauj, youths staged a protest at Saurikh on the Agra-Lucknow highway to demand the withdrawal of the project.

Jaunpur District Magistrate Manish Kumar Verma said hundreds of youths gathered on the Jaunpur-Prayagraj highway on Saturday morning and damaged vehicles including two highway buses and a police car.

Around 9:30 a.m., one of the damaged buses and the police vehicle were set on fire.

Some motorbikes were also set on fire in the Lal Bazar neighborhood, he said, adding that protesters were being chased by police.

Police Superintendent Ajay Sahni said protesters resorted to throwing stones and a vehicle of a local BJP leader was damaged.

Varanasi Divisional Commissioner Deepak Agarwal and Inspector General K Satyanarayan inspected the premises.

Officials said the protesters were being identified and, if necessary, the Gangster Law could be imposed on them. Police forces have been deployed at train and bus stations.

In Kannauj, youths protested against Saurikh on the Agra-Lucknow highway and delivered a memorandum to the authorities.

Additional District Magistrate Gajendra Singh said the protesters were fired after explaining the Agnipath plan to them.

Rashtriya Lok Dal and Aam Aadmi party leaders staged protests in Meerut and demanded the withdrawal of the defense service recruitment scheme.

As many as 340 people have been arrested and police have filed 29 FIRs in connection with the protest through Saturday, Additional Director General (Law and Order) Prashant Kumar said.

This number included 145 people arrested as a preventive measure under article 151 of the CrPC.

“They can be held for up to 24 hours,” Kumar said.

The arrests were made in nine districts including Ballia (109), Mathura (70), Jaunpur (41), Varanasi (36), Aligarh (35).

The 29 cases were lodged in 12 districts, maximum seven in Jaunpur (7), four cases each in Aligarh, Mathura and Varanasi and two cases each in Ballia Mirzapur.

A case has also been filed in Gorakhpur, Deoria, Gautam Buddh Nagar, Chandauli, Agra and Firozabad.

The Center on Tuesday unveiled the ambitious recruitment program for young people aged 17½ to 21 into the Army, Navy and Air Force, largely on a short-term, four-year contract basis. year.

Young people recruited through the program will be known as “Agniveers”. At the end of the four-year term, 25% of recruits from each specific group will be offered regular service.

(Only the title and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Weekly inflation soars 3.3% on rising fuel prices – Business

June 18, 2022 Diana M. Cuyler Motorcycle Price

ISLAMABAD: Inflation as measured by the Sensitive Price Index (SPI) rose by 3.38% from the previous week, mainly due to the largest increase ever in the prices of petroleum products, according to data from the Pakistan Bureau of Statistics (PBS) released on Friday.

The increase in weekly inflation is the highest since the change of base year to measure the SPI. Petrol and diesel prices were increased by Rs84 and Rs115 per litre, respectively, while electricity tariffs were increased by 50pc.

During the week under review, the year-over-year increase in the SPI was 27.82%.

Speaking to social media platform Twitter, former finance minister Shaukat Tarin said: “Despite the increase in petrol/diesel prices by Rs84/115 per litre, fuel prices electricity/electricity by 50%, you have not been able to satisfy the IMF. The latest economic survey released by your government validates our strong economic performance, so stop blaming us and improve your government’s performance.”

In another tweet, Mr Tarin said: “The increase in petrol/diesel/electricity prices so far has had an impact on households. I don’t know how they are going to deal with this tsunami of inflation and coming. His post contained a chart of the basic monthly budget of a family of four which has risen to almost Rs 13,000 since March 31, 2022.

In the basket, Mr. Tarin mentioned the use of gasoline in a motorbike, the electricity bill, meatless food, school fees, etc. “I am worried how a poor man in Pakistan is going to survive in this situation,” he said.

The government has already announced in the budget that it will reinstate the sales tax on petroleum products and that it will impose a petroleum development tax on a phased basis.

The government projected a modest annual inflation target of 11.5% for FY23 in budget documents. However, the Federal Board of Revenue, which uses inflation as one of the measures to collect additional taxes from consumers, has forecast inflation of 12.8%.

Mr. Tarin predicted that annual inflation would be around 25% to 30%.

Shortly after coming to power, the new government dissolved the National Price Monitoring Committee, which was headed by the Minister of Finance, while the provinces were represented by Provincial Chief Secretaries. The committee meets every Monday to monitor the prices of essential foodstuffs.

PBS data shows that prices of 36 essential food items rose in the week under review compared to the previous week.

The price of chicken increased by 12.10pc, potatoes 6.89pc, cooked daal 5.90pc, gram pulses 5.29pc, cooked beef 5.19pc, vegetable ghee 4 .95pc, plain bread 4.37pc, masoor 3.50pc, cooking oil 2.87pc, mashed legumes 1.7pc, beef with bone 1.50pc. Other food products such as rice, pulses and milk have also seen their prices increase.

In non-food items, the price of high-speed diesel increased by 28.91pc, that of men’s sponge by 26.76pc, that of men’s sandal by 15.40pc, that of gasoline 11.43 pc, that of electricity 6.60 pc and that of cigarettes 6.27 pc.

The SPI increased by 2.85 pc for the lowest income group (i.e. people earning less than Rs 17,732 per month) and by 3.10 pc for the group whose monthly income is greater than 44,175 rupees.

Posted in Dawn, June 18, 2022

Lucinda Brand wins the opening stage of the Women’s Tour de Suisse

June 18, 2022 Diana M. Cuyler Motorcycle Brand

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Lucinda Brand wins stage 1 from the breakaway (Image credit: Tim de Waele/Getty Images)

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Lucinda Brand (Trek-Segafredo) was on track for victory after 150 meters, ahead of Clara Koppenburg (Cofidis) and Pauliena Rooijakkers (Team Canyon-SRAM Racing) (Image credit: Tim de Waele/Getty Images)

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Canyon-SRAM Racing’s Pauliena Rooijakkers leads the breakaway (Image credit: Tim de Waele/Getty Images)

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The peloton starts the 46 km stage 1 with 10 circuits in Vaduz (Image credit: Tim de Waele/Getty Images)

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The stage 1 peloton (Image credit: Tim de Waele/Getty Images)

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Stage 1 of the climb to Vaduz (Image credit: Tim de Waele/Getty Images)

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World champion Elisa Balsamo (Trek – Segafredo) obtains the first summons at the start of stage 1 (Image credit: Tim de Waele/Getty Images)

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The breakaway of three made 10 passages of the main climb on the Vaduz circuit (Image credit: Tim de Waele/Getty Images)

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Lucinda Brand leads the breakaway as the sun sets over Liechtenstein (Image credit: Tim de Waele/Getty Images)

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With the victory of stage 1, Lucinda Brand takes the first leader’s jersey (Image credit: Tim de Waele/Getty Images)

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Lucinda Brand (Trek-Segafredo) starts her sprint 200 meters from the finish and wins the opening stage of the Women’s Tour de Suisse. From the breakaway group of three riders, Clara Koppenburg (Cofidis) held off Pauliena Rooijakkers (Canyon-SRAM) at the line to complete the podium in Vaduz, Liechtenstein.

1.5 km from the finish, Brand attacked in the lead but failed to shake off her companions. She opened her last sunset acceleration of the 46km stage late in the day and easily took her first road victory of the season.

Elisa Balsamo (Trek-Segafredo) led the chase group well behind the trio to finish fourth, 50 seconds behind.

“It was hard [in the breakaway] at first, but then you get into a rhythm. It was probably easier than riding in the peloton where you constantly have to fight for position; there’s a lot of braking and pushing, which makes for a trickier ride. We found a good rhythm and worked well together,” said Brand.

The three riders broke free 27.6 km from the finish and widened a gap which reached almost a minute. The trio began to lap a few riders with 17km to go as they accelerated the main climb of the day, a leg with gradients above 10%.

7.4km from the finish, Lianne Lippert (Team DSM) attacked to start a chase and was joined by Kristen Faulkner (BikeExchange-Jayco), Soraya Paladin (Canyon-SRAM), Jolanda Neff (Swiss National Team ), Jade Wiel (FDJ Nouvelle -Aquitaine Futuroscope) and her Team DSM teammate Floortje Mackaij.

The trio had widened their gap to 57 seconds with two laps to go. In the chase, Neff and Lippert did a lot of work in the lead going into the final lap and closed the gap to 36 seconds with 3km to go, but couldn’t catch up.

The second edition of the Tour de Suisse Women, from June 18 to 21, opened with 10 laps of a 4.6 km circuit in and around Vaduz, Liechtenstein. The race took place in the evening after stage 7 of the men’s Tour de Suisse had finished earlier in the day, 13 kilometers away in the village of Malbun ski resort.

As the Tour de Suisse ends on Sunday for the men, the women will face a stage 2 time trial in Vaduz, using the same 25.6km course on which the men will compete. Brand will wear the leader’s jersey and be the last rider on the start ramp for the women’s time trial.

“Of course I will try to defend the jersey, but I don’t know how far I can, especially on the last day when we finish uphill. The third day will already be hard, and of course the time trial In terms of climbing, it’s difficult, and we’ll see how it goes. But for sure I’ll try,” she added.

Results powered by FirstCycling (opens in a new tab)

Polaris Announces Sale of Transamerican Auto Parts to Wheel Professionals Backed by Clearlake Capital

June 17, 2022 Diana M. Cuyler Motorcycle Sale

MINNEAPOLIS, MN – June 17, 2022 – (Motor Sports NewsWire) – Polaris Inc. (NYSE: IIP), the global powersports leader, today announced that it has entered into a definitive agreement to sell its Transamerican Auto Parts (TAP) business to Wheel Pros, a designer, manufacturer and distributor of proprietary branded vehicle enhancements. replacement parts for light trucks, SUVs, passenger cars and ATVs/UTVs backed by Clearlake Capital Group, LP (together with its subsidiaries, “Clearlake”) and in partnership with management. The transaction includes TAP’s full portfolio of operations, including all brands, product lines, manufacturing operations, distribution facilities, more than 100 4 Wheel Parts outlets and more than 1,700 TAP employees.

transamerican-auto-parts-logo_2019-01-scaled-1

“We have a clear vision to be the world leader in motorsports,” said Mike Speetzen, CEO of Polaris. “Our decision to divest TAP allows us to better capitalize on growing consumer interest and demand for our powersports offerings, while allowing Polaris to focus our time, people and resources on our core on-road businesses. , off-road and marine, as well as the parts, apparel and accessory brands that support these customers. Furthermore, it supports our long-term financial objectives and should have a positive impact on the EBITDA margin. TAP remains a leading omnichannel player in the Jeep and truck aftermarket, and we appreciate the contributions the team has made to Polaris.

The transaction is estimated to generate an additional $135 million in cash flow for Polaris in the second half of 2022. This includes the purchase price from the buyer and the realization of the cash tax benefits associated with the sale, less fees estimated transactions. The sale price, net of cash, debt and other costs, is estimated at $50 million. In 2021, Polaris’ Aftermarket segment generated $930 million in revenue, of which TAP business accounted for nearly $760 million. The transaction is expected to close early in the third quarter, subject to customary closing conditions.

In connection with the conclusion of a definitive agreement for the sale of TAP, the TAP business has met the accounting criteria to be classified as assets held for sale and discontinued operations. As part of the transaction, Polaris expects to record an impairment charge, net of tax, of approximately $140 million.

Baird acted as financial advisor and Jones Day acted as legal advisor to Polaris on the transaction.

About Polaris

As a global powersports leader, Polaris Inc. (NYSE: IIP) is at the forefront of product breakthroughs and rewarding experiences and services that have invited people to discover the joy of being outdoors since our founding in 1954. With annual sales of 8.2 billion dollars in 2021, Polaris’ premium product lineup includes the Polaris RANGER®, RZR® and Polaris GENERAL™ side-by-side off-road vehicles; Sportsman® all-terrain off-road vehicles; military and commercial off-road vehicles; snowmobiles; Indian Motorcycle® mid-size and heavy-duty motorcycles; Slingshot® motorcycle roadsters; Aixam quadricycles; Goupil electric vehicles; and pontoon and deck boats, including the industry-leading Bennington pontoons. Polaris enhances the riding experience with parts, apparel and accessories. Proudly based in Minnesota, Polaris serves over 100 countries worldwide. www.polaris.com

Except for historical information contained herein, matters set forth in this presentation and discussed in the related earnings call are “forward-looking statements” intended to qualify for the safe harbor provisions of the Private Securities Litigation Act. Reform Act of 1995. These forward-looking statements can generally be identified as such because the context of the statement will include words such as we or our management “believe”, “should”, “anticipate”, “expect”. , “esteem” or words of similar significance. Likewise, statements that describe our future plans or trends, objectives or goals, such as future sales, shipments, inventory levels, consumer demand, net income, net earnings per share, cash flow future and capital requirements, operational initiatives, pricing actions, prices, currency fluctuations, interest rates and raw material costs, are forward-looking statements that involve certain risks and uncertainties that could so that actual results differ materially from these forward-looking statements. Potential risks and uncertainties include factors such as the severity and duration of the COVID-19 pandemic and the resulting impact on the Company’s business, supply chain and global economy; the Company’s ability to successfully implement its manufacturing and supply chain operations expansion initiatives; the Company’s ability to successfully source necessary parts and materials and the Company’s ability to manufacture and deliver products to dealers to meet growing demand and to restore dealer inventory levels to optimal levels ; continued growing consumer demand for the Company’s products; competitors’ product offerings, promotional activities and pricing strategies; economic conditions affecting consumer spending; disruptions in manufacturing facilities; product recalls and/or warranty costs; product redesign costs; the impact of changes in the Polaris stock price on incentive compensation plan costs; exchange rate fluctuations; environmental and product safety regulatory activity; weather effects; commodity costs; transportation costs and tariff costs (tariff relief or ability to mitigate tariffs); changes to international trade policies and agreements; uninsured product liability claims; uncertainty in the retail and wholesale credit markets; performance of affiliate partners; tax policy changes; relationships with dealers and suppliers; and the general economic, social and political environment. Investors are also urged to consider other risks and uncertainties discussed in the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to anyone to provide updates to its forward-looking statements.

Source: Polaris Inc.

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Large-scale manufacturing output declines 13.3% in April – Business

June 17, 2022 Diana M. Cuyler Motorcycle Business

ISLAMABAD: In the first month of the PML-N-led coalition government, large-scale manufacturing (LSM) fell 13.3% month-on-month in April, the Pakistan Bureau reported on Thursday. statistics (PBS).

Large industry posted robust growth of 26.6% in March, the last month of the PTI government. However, LSM rose 15.4% year-on-year in April. The production estimate for LSM industries was made on the new base year of 2015-16. However, the PBS also released a separate estimate with the old 2005-06 base.

According to the old 2005-06 base, the LSM rose by 5.3 pc in April compared to a year ago. On a monthly basis, production in industry fell by 22.8 pc. Calculations of both estimates show a downward trend as LSM entered negative growth on a monthly basis.

During the first 10 months (July-April) of the current financial year, LSM increased by 10.7 pc on an annual basis according to the new basis. However, growth is calculated at 6.7 pc over 10 months on the basis of the old 2005-06 base. The PBS snapshot of manufacturing activity showed that seven of the LSM’s 15 subsectors fell in April. High interest rates and the depreciation of the rupee have further increased the cost of raw materials, and economic activity is expected to slow slightly in the current fiscal year.

Production up 10.7% YoY in 10MFY22

The LSM, at 9.73% of GDP, dominates the entire manufacturing sector, accounting for 76.1% of the sectoral share. It is followed by small-scale manufacturing, which accounts for 2.12% of GDP and 16.6% of sectoral share.

According to PBS data, the entire automotive sector, excluding LCVs and trucks, posted strong growth in April compared to the same period a year ago. Production of tractors jumped 17.3pc, Jeeps 66.5pc and Jeeps 29.5pc, respectively.

Production of buses increased by 33.3 pc and that of diesel engines by 139 pc. However, LCV production fell by 4.5 pc and LCV by 64.4 pc. The production of motorcycles fell by 11.7 pc, while that of bicycles increased by 49.2 pc.

In the non-metallic minerals sector, cement production fell by 20.5 pc in April. The production of glass plates and sheets, on the other hand, increased by 147.3 pc. In the steel industry, billets and ingots increased by 28 pc.

The production of phosphate fertilizers increased by 2.1 pc respectively in April and that of nitrogen fertilizers by 4.2 pc.

In pharmaceutical products, the production of tablets fell by 14.7 pc, injections by 43.1 pc and capsules by 57.6 pc. However, the production of syrups increased by 77.7% and that of ointments by 13%, respectively.

On the other hand, cooking oil production showed a positive growth of 22.6% in April compared to a year ago. However, blended tea fell 9.9% in April from a year ago, while production of wheat and grain milling fell 3.1%.

Production of a few petroleum products posted negative growth in April. Production of all products excluding jet fuel, diesel and lubricating oil recorded negative growth during the month under review.

Posted in Dawn, June 17, 2022

Polaris Announces Sale of Transamerican Auto Parts to Clearlake Capital-Backed Wheel Pros | Company

June 16, 2022 Diana M. Cuyler Motorcycle Sale

MINNEAPOLIS–(BUSINESS WIRE)–June 16, 2022–

Polaris Inc. (NYSE:PII), the global powersports leader, today announced that it has entered into a definitive agreement to sell its Transamerican Auto Parts (TAP) business to Wheel Pros, a designer, manufacturer and distributor of powertrain enhancements. exclusive brand replacement vehicles. for light trucks, SUVs, passenger cars and ATVs/UTVs backed by Clearlake Capital Group, LP (together with its subsidiaries, “Clearlake”) and in partnership with management. The transaction includes TAP’s full portfolio of operations, including all brands, product lines, manufacturing operations, distribution facilities, more than 100 4 Wheel Parts outlets and more than 1,700 TAP employees.

This press release is multimedia. See the full version here: https://www.businesswire.com/news/home/20220616005849/en/

Baird acted as financial advisor and Jones Day acted as legal advisor to Polaris on the transaction.

About Polaris

As a global powersports leader, Polaris Inc. (NYSE:PII) is at the forefront of product breakthroughs and rewarding experiences and services that have invited people to experience the joy of being outdoors. since our founding in 1954. With annual sales of $8.2 billion in 2021, Polaris’ high-quality product line includes the Polaris RANGER®, RZR® and Polaris GENERAL™ side-by-side all-terrain vehicles; Sportsman® all-terrain off-road vehicles; military and commercial off-road vehicles; snowmobiles; Indian Motorcycle® mid-size and heavy-duty motorcycles; Slingshot® motorcycle roadsters; Aixam quadricycles; Goupil electric vehicles; and pontoon and deck boats, including the industry-leading Bennington pontoons. Polaris enhances the riding experience with parts, apparel and accessories. Proudly based in Minnesota, Polaris serves over 100 countries worldwide. www.polaris.com

Show source version on businesswire.com:https://www.businesswire.com/news/home/20220616005849/en/

CONTACT: Polaris Media Contact:

Jessica Rogers

Phone: 763.513.3445

[email protected] Polaris Investor Relations:

J.-C. Weigelt

Phone: 763.542.0525

[email protected]

KEYWORD: MINNESOTA UNITED STATES NORTH AMERICA CANADA

INDUSTRY KEYWORD: RECREATIONAL VEHICLES PERFORMANCE & SPECIAL INTERESTS SPORTS MOTORCYCLES OFF-ROAD TRUCKS & SUVS OUTDOOR MOTORCYCLES MOTORSPORTS AUTOMOTIVE GENERAL AUTOMOTIVE AUTOMOTIVE MANUFACTURING MANUFACTURING

SOURCE: Polaris Inc.

PUBLISHED: 06/16/2022 16:30 / DISK: 06/16/2022 16:32

http://www.businesswire.com/news/home/20220616005849/en