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Maruti Suzuki Alto sales cross 35 lakh units

Maruti Suzuki Alto sales cross 35 lakh units

NEW DELHI: India's largest carmaker Maruti Suzuki's ever-popular entry level hatchback crossed the landmark of 35 lakh in sales units in February, the company said on Wednesday. In fact, the Alto is the highest selling car for the company, not just in India, but across the globe, Maruti Suzuki Senior Executive Director RS Kalsi said.

Sridevi’s body kept at Mumbai Sports Club for last respects

Sridevi’s body kept at Mumbai Sports Club for last respects

Mumbai: Sridevi’s fans were seen queuing up outside Celebrations Sports Club near her residence in Lokhandwala, where her body is kept for ‘darshan’ (public viewing), to pay their last respects to the Bollywood diva.

Long queues of fans holding flowers in their hands and chanting prayers were seen as the body of the actor was brought to the venue at 9am along with an entourage of family members.

Sensex fall over 250 points, Nifty slips below 10,500-mark

Sensex fall over 250 points, Nifty slips below 10,500-mark

Benchmark stock indices Sensex and Nifty50 turned cautious as investors await key macroeconomic data due later in the day, amid a weak trend in other Asian markets.

Also, sustained capital outflows and weakening rupee against the US dollar weighed on sentiments.

Good news! SBI hikes FD rates of both term and bulk deposits

Good news! SBI hikes FD rates of both term and bulk deposits

The State Bank of India, India’s largest bank, has announced revision in interest rates on ‘retail domestic term deposits’ (below Rs 1 crore) w.e.f. February 28, 2018, ie. today. The bank has also revised interest rates on ‘domestic bulk term deposits’ of Rs 1 crore to Rs 10 crore as well as above Rs 10 crore with effect from February 28.

Flipkart & Amazon India tap user data to build smartphones

Flipkart & Amazon India tap user data to build smartphones

BENGALURU: When Flipkart and Amazon India decided to launch their own brands of smartphones, they had a distinct advantage: exclusive insights into the minds of their customers. Smartphones make for the highest revenue-generating category for both the ecommerce companies, allowing them to gather volumes of data on what customers look for in the devices, what they like or dislike.

Reliance Industries may shut KG Block’s MA Field

Reliance Industries may shut KG Block’s MA Field

NEW DELHI: Reliance Industries will likely stop producing from its MA field in the KGD6 block by October following continuous decline in output for years, according to multiple people familiar with the matter.

MA is one of the three fields currently producing in RIL-BP's KG block and the only one that produces both oil and gas. D1 and D2 are the other two fields producing only gas.

Essar steel holds key to arcelor’s india entry

Essar steel holds key to arcelor’s india entry

Essar Steel is the best fit for ArcelorMittal to put Lakshmi Mittal’s stamp in the world’s fastest growing market, a top executive at the Luxembourg-based company said.

“We have been interested in entering India for a long time. This opportunity has come up now. We have looked at it and the other alternatives, too,” Brian Aranha, head of global strategy at the world’s largest steelmaker, told ET on Tuesday.

M&M partners LG chem for power storage tech

M&M partners LG chem for power storage tech

Indian automaker Mahindra & Mahindra and Korean battery manufacturer LG Chem signed a deal to collaborate in the field of advanced lithium-ion power storage technology.

LG Chem will develop a unique cell exclusively for India application and also supply Li-ion batteries based on NMC (nickel-manganese-cobalt) chemistry with high energy density.

BSNL to roll out 4G service across India by year-end

BSNL to roll out 4G service across India by year-end

State-run telecom firm BSNL plans to roll out 4G services across India by the end of this year with an investment of about Rs 250 billion.

"We are awaiting spectrum allocation from the government in 2100 MHz band to launch 4G VOLTE service. By the end of this year, we will roll out 4G services across country where we operate," BSNL Chairman and Managing Director Anupam Shrivastava told PTI here.

GVK asks Cidco, JNPT to share cost of PM Modi's Navi Mumbai airport event

GVK asks Cidco, JNPT to share cost of PM Modi's Navi Mumbai airport event

In an unprecedented move, the Navi Mumbai airport developer GVK Group has asked two government bodies--Cidco and JNPT--to cough up a part of the cost incurred on foundation stone-laying ceremony attended by Prime Minister Narendra Modi.

The airport developer claims it has incurred around Rs 10.34 crore for the mega event at the Ulwe node of the satellite city, where Modi also formally inaugurated the fourth terminal of the country's largest container port, JNPT on Febaruary 18.

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