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Maruti launches Ertiga limited edition in VXi, VDi variants in 3 colours

Maruti launches Ertiga limited edition in VXi, VDi variants in 3 colours

Country's largest carmaker Maruti Suzuki on Tuesday launched limited edition of its multi-purpose vehicle Ertiga, priced between Rs 7.85 lakh and Rs 8.10 lakh (ex-showroom Delhi).

The limited edition Ertiga would be available only in the VXi and VDi variants in three colours. It will have all-new body colour, alloy wheels, wooden finish interior and premium seat covers, the company said in a statement.

Air India to add six new international destinations in 2017

Air India to add six new international destinations in 2017

In a major expansion drive, national passenger carrier Air India on Wednesday said it plans to add six new international destinations to its network in 2017.

"We are going to add six more international spots this year," said Ashwani Lohani, Chairman and Managing Director, Air India.

DLF net debt up 5.43% to Rs 24,397 cr on lower sales

DLF net debt up 5.43% to Rs 24,397 cr on lower sales

Realty major DLF’s net debt rose by Rs 1,257 crore to Rs 24,397 crore in the third quarter of the current fiscal as its cash-flows were hit due to fall in housing sales amid negative sentiment in the property market post demonetisation. DLF projected net debt to rise further as “weak sales and collections” would lead to operating shortfall of Rs 750-1,000 crore per quarter, according to an analyst presentation.

Coal-gasification technology for Talcher fertiliser unit finalised

Coal-gasification technology for Talcher fertiliser unit finalised

After two years of delay, the revival of Rs 8,000-crore Talcher project in Odisha is likely to take-off soon as the technology to be used for an integrated coal gasification-cum-fertiliser production facility has been finalised. Soon, a techno-economic feasibility study of the project will be conducted and thereafter bids will be invited for selecting a technology partner for coal gasification. A decision in this regard was taken in the recent board meeting of the joint venture firm Talcher Fertilisers Ltd which is executing the project.

Facebook launches app for watching its videos on TV

Facebook launches app for watching its videos on TV

Facebook Inc is launching an app for smart TVs that will help the social network’s users enjoy its videos on a bigger screen.

The app will roll out soon from app stores for Apple TV, Samsung Smart TV and Amazon Fire TV, the company said in a blogpost on Tuesday.

L&T and MBDA forms JV to make missile systems in India

L&T and MBDA forms JV to make missile systems in India

Larsen & Toubro (L&T) and the UK-based MBDA, one of the leading global players in missile systems, have set up a joint venture (JV) to develop and supply missiles and missile systems to meet the growing potential requirements of the Indian armed forces. MBDA is jointly held by Airbus Group (37.5 percent), BAE Systems (37.5 percent), and Leonardo (25 percent).

The JV company, named ‘L&T MBDA Missile Systems Ltd’, will operate from a dedicated work centre, which will include pyrotechnical integration and final checkout facilities. The JV, aimed at helping the Indian Government’s efforts to indigenise the defence sector under the Make in India initiative, is expected to be incorporated in the first half of 2017 after necessary approvals.

Sebi considering integration of intermediaries first, exchanges later

Sebi considering integration of intermediaries first, exchanges later

The Securities and Exchange Board of India (Sebi) is currently weighing integration of intermediaries such brokers in the derivative markets before integrating exchanges for allowing commodities and equity/currency on one platform.

Current Sebi regulations do not permit an equity exchange to trade in commodities and vice versa. Separate exchanges, therefore, are required to offer trade in different financial segments.

Sensex plunges 190 points in late morning trade

Sensex plunges 190 points in late morning trade

MUMBAI: The BSE benchmark sensex nosedived almost 190 points in late morning deals following losses in auto, healthcare, realty, power and consumer durables stocks.

Disappointing third quarter earnings posted by Tata Motors and Sun Pharma yesterday mainly dampened trading sentiment.

Chinese media warns India against playing Taiwan card

Chinese media warns India against playing Taiwan card

China's official media today warned India against playing the 'Taiwan card', saying New Delhi will suffer losses by challenging Beijing over the sensitive issue.

The warning came after a Taiwanese women Parliamentary delegation visited India.

'Not going to change even a word': Supreme Court asks Sasikala to surrender immediately

'Not going to change even a word': Supreme Court asks Sasikala to surrender immediately

The Supreme Court on Wednesday refused to entertain AIADMK chief V K Sasikala's plea seeking more time to surrender for undergoing jail term in the disproportionate assets case.

"We do not intend to pass any order on this. We are not going to change anything in the judgement," a bench headed by Justice P C Ghose said.

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