Maruti Suzuki India launched its hatchback Baleno last year and since then the car has performed very well among the masses. In the month of July, 2016, the company recorded a growth of 30.9% in its sales for the Baleno. Within the first few months of its launch, the company has recorded 21,000 bookings of the Maruti Suzuki Baleno, while in 9 months, the sales reached 75,000 units sales mark in the country.

Supreme Court in its latest ruling has lifted the ban on diesel vehicles with engines larger than 2,000 cc in the Delhi NCR region. The concession has been made against the clause of paying a 1% cess, which will be paid to the Delhi Pollution Control Board. The government authority will then utilise this money to find ways to lower pollution in Delhi. The payment will have to be made by the carmaker before the vehicle can be registered and hence the payment will be made on the ex-showroom prices.

Bajaj Electricals today reported a 11.94 per cent increase in net profit to Rs 22.87 crore for the first quarter ended June 30.

The company had posted a net profit of Rs 20.43 crore in the same period last fiscal, Bajaj Electricals said in a BSE filing.

State Bank of India (SBI), the nation's top lender by assets, reported a 32% drop in first-quarter on Friday which was in line with estimates. The bank's bad loans rose slightly.

SBI shares rose more than 8.5% at 1320 hours after the results on the lower-than-expected rise in bad loans.

Patanjali Ayurved Ltd, founded by yoga guru Baba Ramdev, has successfully bid for setting up a modern food park at Mihan here.

Maharashtra Airport Development Company (MADC) earlier floated two global tenders (in May and July 2016), but failed to get any bidder.

Senior Bharatiya Janata Party (BJP) leader Brijpal Teotia and five others were seriously injured when they were attacked by armed assailants here on Thursday.

According to NDTV, the assailants fired at least 100 rounds using AK-47 assault rifles during the attack on Teotia.

Threatened with disqualification for not wearing vests bearing their country's name, Indian boxers at the ongoing Olympics have got their kits replaced as required by the International Boxing Association (AIBA) and will now compete without any hindrance.

The AIBA officials had pointed out the "technical flaw" after Manoj Kumar's victory in his light welterweight (64kg) opening contest against Lithuania's Evaldas Petrauskas on Wednesday night.

Leading stock exchange BSE today said it has got approval from the Corporate Affairs Ministry to establish BSE International Exchange and BSE International Clearing Corporation at Gujarat International Finance Tec-city (GIFT).

The exchange had signed an MoU with GIFT SEZ Ltd in January 2015 to set up the two entities at the GIFT city -- India's first International Financial Services Centre (IFSC).

Axis Bank and payments company Suvidhaa Infoserv, today launched 'Nano Credit' to offer pre-approved, instant and unsecured loans for the urban low income segment. The maximum loan amount is Rs 15,000 and is available to existing customers of Suvidhaa at 22,000 locations across the country.

A customer who utilises Suvidhaa's remittance or bill payment facilities can avail himself of loans up to Rs 15,000 with no paperwork within a few hours.

Country's largest carmaker Maruti Suzuki India (MSI) plans to bring more products with hybrid technology over the next few years as concern for safeguarding environment increases in India.

The auto major, which is facing capacity constraint, is also expediting the process to operationalise its upcoming Gujarat plant by early next year and start selling vehicles produced from the plant within this fiscal.

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