NEW DELHI: Suzuki Motor Corp. plans to tap the popular multipurpose vehicle Ertiga to build its second electric vehicle for India, said two people directly aware of the development, as global automakers accelerate efforts to sell more eco-friendly vehicles in a country that is home to some of the world’s most polluted cities.

New Zealand cricket fans watched the Black Caps succumb to England in a nerve-shredding Cricket World Cup final Monday, but the country's sports bars were closed as the match reached its climax.

The match was played in the dead of night in New Zealand, starting at 10:15 pm on Sunday and ending around 6:30 am on Monday when the Black Caps lost in the final ball of an extra-time Super Over.

Reliance Jio, which has plans to foray into e-commerce, will not be taking on the likes of Flipkart and Amazon, at least initially. Instead, the company’s first project on which pilots have started is to build a B2B platform targeted at merchants who run grocery, fruits and vegetable stores in the neighbourhood markets. The company has termed it ‘Hybrid Online-to-Offline’ platform. At a later stage, this B2B platform would be connected to the MyJio app and thus provide the B2C interface also.

The complete collapse in automobile sales has left many perplexed, with volumes expected to clock a modest 3-5% growth in the new fiscal. In the first three months of the financial year, passenger vehicle sales declined by 18.42%.

While several factors have come together to contribute to the sharp decline in sales, Mahindra & Mahindra managing director Pawan Goenka is of the view that it is hard to point to any one reason that can possibly explain the industry’s worst show in 18 years.

Domestic equity benchmark BSE Sensex surged over 250 points in opening trade Monday driven by gains in index heavyweight Infosys, amid positive cues from global markets.

The 30-share index, however, gave up some gains to trade 164.84 points, or 0.43 %, higher at 38,901.07 at 0930 hours. Similarly, the broader Nifty rose 46.95 points, or 0.41 %, to 11,599.45.

At least 13 people have died in Bihar floods which has affected nine districts of the state. Around 20 lakh people are affected due to the floods. With floods causing havoc in Nepal, where at least 65 people have been killed, it is also affecting districts which share a border with Nepal.

Shares of IT bellwether Infosys rallied as much as 5.48 per cent in the opening deals on Monday after it reported healthy set of numbers for the March quarter (April-June) of the financial year 2019-20 (FY20).

At 09:37 am, the stock was trading 4.29 per cent higher at Rs 758 apiece on the BSE. Other IT stocks, too, gained in the trade lifting the Nifty IT index 1.52 per cent higher at 15,459 levels.

At least seven people, including six Army personnel, were killed and 28 injured after a four-storey building collapsed in Himachal Pradesh's Solan district, the police said on Monday.

The building, located on the Nahan-Kumarhatti road, housed a restaurant and collapsed on Sunday evening after heavy showers, they said.

The launch of Chandrayaan-2, India's second mission to the moon, was postponed after a technical glitch was observed in the launch vehicle system early morning on Monday.

Less than an hour before the scheduled lift-off, the Indian Space Research Organisation (Isro) informed of the launch being put off due to the snag. "It is not possible to carry out the launch within the window," said the mission director. The new schedule will be announced later.

Former CEA Arvind Subramanian Friday criticised the RBI for its regulatory failures, saying its Financial Stability Reports never mentioned about the possible liquidity crisis in the IL&FS, one of the largest NBFC in the country.

Subramanian further said that India's biggest challenge at the moment is twin balance sheet problem.

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