Toyota Unveils Auto Pilot Cars
Japanese automaker Toyota unveiled the next generation of cars featuring an auto pilot system that will swerve to avoid collisions and also keep to the middle of the road, all without drivers touching the wheel. “These advanced driving support technologies prevent human errors, reduce driving stress and help drivers avert accidents, which has a big […]
DLF Sells 33 Mw Wind Mills In Rajasthan
India’s giant realty firm DLF has completed the sale process of its 33-MW wind turbines project in Rajasthan to Violet Green Power for Rs 67.44 crore. In early April, DLF announced that its arm DLF Home Developers Ltd (DHDL) had signed a definitive business transfer agreement with Violet Power Green Pvt Ltd to sell the […]
Anand Mahindra Elected As Chairperson Of PHFI
The Public Health Foundation of India (PHFI) announced Mahindra Group CMD Anand Mahindra as its new elected Chairperson for a term of three years. Mahindra succeeds NR Narayana Murthy, Infosys founder, Executive Chairman, who has held the position since July 2011, PHFI said in a statement. Commenting on the unanimous election, Murthy said: “I am […]
Blackberry Slashes Z10 Price By 31% To INR 29,990
Struggling handset-maker BlackBerry said it will offer its Z10 handset for INR 29,990, slashing the price by about INR 13,500 or 31%, as a limited period offer ahead of upcoming festive season. The handset was launched in January and was available for INR 43,490. It was retailing for about INR 30,000 on e-commerce sites. ‘In […]
Hindustan Motors Small Car In FY 15
Crisis-ridden Hindustan Motors, a CK Birla group company, is gearing up for the launch of a small car next fiscal, MD and CEO Uttam Bose said. The new sub four-metre car will be manufactured on the Ambassador platform and will be available only in the sedan variant. The new car will be cheaper than the […]
Maruti May Beat Tata Motors To India’s First 800 cc Diesel Car
With the Tata Motors’ plan to launch a Nano diesel yet to reach fruition, Maruti Suzuki is attempting to get a head-start by becoming the first to offer a diesel engine option in the lucrative micro/mini car segment. In 2014, Maruti’s new global small car (code: YL7) will be the first model to offer parent […]
Volvo Eicher To Invest 1200 Cr In Unit
Volvo Eicher Commercial Vehicles (VECV) plans to invest INR 1200 crore in its Pithampur facility by next year to meet the requirements of ongoing projects like engine plant, bus body plant and new products, and also for capacity expansion. The company will manufacture Euro VI compliant base engines for automotive requirements of the Volvo group […]
BLACKBERRY SHIFTING EMPHASIS FROM SMARTPHONES TO SERVICES
BlackBerry no longer owns the fast-paced, innovative smartphone world but the company, whose email-on-your-hip devices once revolutionized the industry, now aims to run it. The change in focus was hard to miss at the company’s well-attended annual conference in Florida, even as news of a new smartphone model and its plans to offer the popular […]
SAMSUNG LAUNCHES GALAXY GRAND QUATTRO IN INDIA FOR RS 17,290
Aimed at maintaining its leadership position in the smartphone segment in the country, Korean handset maker Samsung Electronics announced the launch of its Galaxy Grand Quattro, priced at Rs 17,290. With a 4.7-inch display, the dual-SIM handset is powered by 1.2GHz quad-core processor, has Android 4.1.2 (Jelly Bean) operating system and a 5 megapixel camera. […]
MAURITIUS WARNS TAX CROOKS, PROMISES FULL SUPPORT TO INDIA
Warning tax ‘crooks’ of stern action if they try to operate from its soil, Mauritius has promised full support to India in bringing to book any entity trying to indulge in money laundering or round tripping through this island nation. Terming the perception of Mauritius being used by Indian entities for money laundering and other […]
PUNE BEATS MUMBAI, DELHI IN RISE OF THE SUPER-RICH
Pune has witnessed the biggest boom in multi-millionaire population across India in the last fi ve years – a whopping 68% rise. Neighbor Mumbai saw the second highest growth in the country’s super rich population – at 59% between 2007-11 while India’s capital Delhi followed with more than a 50% increase in those with net […]
OIL INDIA ACCREDITED WITH BEE
Oil India Limited adds another feather towards its journey for sustainable business development program, as it is accredited with Bureau of Energy Effi ciency (BEE)- 3 Star Label Certification with effect from march 20 for a period of 5 years, under the ‘Composite Climate Zone’ category, with 85% of connected air-conditioning loads for the building.
BHEL COMMISSIONS 2053 MW
Out of the 10,340 MW of capacity addition in FY 2012-13 by Bharat Heavy Electricals Limited (BHEL), the company’s power sector- Northern Region )PS-NR) construction division contributed 2,053 MW. This includes addition of 1,654 MW in utility sets, 259 MW from overseas projects and 120 MW from R&M projects.
CHEAPEST BIKE TO ROLL OUT FROM YAMAHA INDIA
Japanese two-wheeler giant Yamaha Motor Co Ltd has said that it will roll-out the worlds cheapest motorcycle priced around US $ 500 (INR 27,000) and has set up a R&D centre in Greater Noida to make India the hub for such low-cost motorcycles. “So far, we have been focusing on sporty, stylish and performance- bikes […]
HONDA TO INVEST INR 2,500 CR
Japanese car major Honda will infuse a fresh investment of INR 2,500 Crore into it’s India operations. This will be deployed with a view to double its production capacity to 2.4 Lakh units annually, as it drives in new models into the Indian market. The fresh investment will go into a new car assembly and […]
ONGC IN FORBES LIST
The Forbes Global 2000 list for this year has been announced and as many as 56 Indian companies have made it to this prestigious list and ONGC has been positioned at 155, an impressive jump from the previous year’s position at 171 on the list. This is a fitting reflection of the company’s strong operating […]
GCC COUNTRIES ACQUIRING A TASTE FOR DESI INDIAN ASSETS
While the Gulf Diaspora is abuzz with trepidation about the new trend of protectionist labor-laws turning into a torrent with Saudi Arabia taking a lead with the “Nitaqat” program triggering fears of reverse migration, investments from the Gulf are flowing into India, with the GCC countries showing an increased appetite for acquiring Indian assets. The […]
SAHARA OPENS 315 Q SHOPS, CREATES RECORD
Sahara Q Shop, a retail venture of the Sahara Group, has entered the Guinness World Records by simultaneously opening a record 315 retail outlets across 10 states in India, all in one go. Guinness World Records presented the official certificate to Subrata Roy, Managing Worker & Chairman, Sahara Group. As of now, Sahara has 550 […]