Ford Motor Co will petition to avoid a U.S. recall of about 2.5 million vehicles with Takata air-bag inflators that the Japanese auto supplier declared defective last week, U.S. regulators and the automaker said on Friday. Separately, the National Highway Traffic Safety Administration said Nissan Motor Co agreed to recall 515,394 2007-2011 Versa cars after Takata declared 2.7 million vehicles to have potentially defective inflators. Ford spokesman John Cangany said the automaker will file a petition requesting “to continue testing and analyzing our inflators.”

BENGALURU: Axis Bank is set to incorporate solutions around lending, operational efficiency and tax-planning, which are developed by startups from the first cohort of its accelerator programme.

The bank, which ran its first accelerator programme with six startups, has selected three - Pally, FintechLabs and Gieom -to use their solutions for its specific-use cases.

PATNA: Bharat Petroleum Corporation Limited (BPCL) on Thursday asked RJD chief Lalu Prasad's son Tej Pratap Yadav and his firm M/S Lara Automobiles to hand over to it, with immediate effect, the operation, assets and materials of a pump allotted to him here.

In June, BPCL had terminated the allotment on the grounds that Tej, a minister in the state government, had furnished false information and concealed facts when he applied for the pump in 2012.

MUMBAI: Bajaj Auto will revamp its seven-model portfolio over the next half year, as managing director Rajiv Bajaj charts an aggressive plan to bump up the company's share in the local motorcycle market beyond the quarter mark.

The company will gun for a 26% share in the fiscal year starting April 2018, Bajaj said at its annual general meeting, where shareholders raised questions about the India market position that fell to 15% based on dispatches from factories in the April-June quarter.

NASA's Hubble Space Telescope has beamed back images of the tiny Martian moon Phobos in its orbital trek around the red planet.

Over the course of 22 minutes, Hubble took 13 separate images, allowing astronomers to create a time-lapse video showing the diminutive moon's orbital path.

An internal committee of Air India is preparing a list of former employees who are suspected of siphoning-off artwork, an official with the airline said on Friday.

According to the official, who did not wished to be named, the airline will "not take any action if its artworks are returned", however an internal committee has started to prepare a list of missing artwork and suspected former employees who might have them in their possession.

Oil to telecom conglomerate Reliance Industries (RIL) announced a bonus share issue, a demand shareholders have been making repeatedly at annual general meetings (AGMs).

"I had committed last year that we would reward shareholders at the completion of our investments," Mukesh Ambani, chairman and managing director, said as he announced the board's recommendation for one bonus share for every one held by shareholders, at the 40th AGM in Mumbai on Friday.

Calcutta, July 20: Coal imports by India will continue despite efforts by the Centre to step up production to bridge the demand-supply gap. Market analysts expect both thermal and coking coal prices to fall in 2017-18, thus bringing down the import bill marginally.

Union coal and power minister Piyush Goyal said in the Lok Sabha today that the coal demand-supply gap will continue.

Mumbai: The Indian rupee on Friday strengthened marginally against the US dollar tracking gains in the local equity and Asian currencies market.

The rupee closed at 64.32 a dollar, up 0.17% from its Thursday’s close of 64.43. The rupee opened at 64.39 a dollar and touched a high and a low of 64.30 and 64.40, respectively.

New Delhi: German luxury carmaker Mercedes- Benz today launched AMG GLC 43 Coupe in India priced at Rs74.8 lakh (ex-showroom Delhi).

“This new SUV Coupe is going to be a key addition to our 43 AMG line and will be instrumental in further popularising the 43 AMG range to a new customer base,” Mercedes-Benz India managing director and chief executive officer (CEO) Roland Folger told reporters here.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.