Royal Enfield's dominance in the middle-weight motorcycle category might soon have competition from Bajaj Auto.

According to Bajaj Auto, the third largest two-wheeler manufacturer in the country, the 350-600cc motorcycle market Royal Enfield operates in has enough room for more players to come in. When asked if Bajaj Auto would get into this space, Rajiv Bajaj, managing director, Bajaj Auto, said, "Definitely. Every mature segment becomes a two-horse race eventually in any given market.

Washington: India and Pakistan need to make progress in reducing their nuclear arsenal and ensure they do not “continually move in the wrong direction” while developing military doctrines, US President Barack Obama said on Saturday.

“One of the challenges that we’re going to have here is that it is very difficult to see huge reductions in our nuclear arsenal unless the United States and Russia, as the two largest possessors of nuclear weapons, are prepared to lead the way,” Obama said.

Mumbai: Reliance Industries Ltd, the oil to yarn conglomerate launched its online fashion portal Ajio.com with the preview of its collection on Saturday at the ongoing Lakme Fashion week in Mumbai.

The show also saw the company unveiling its campaign ‘Doubt is Out’ with five show stoppers which included actor Sunny Leone, transgender activist, Laxmi Narayan Tripathi, comedian, Bharti Singh, yesteryear actor, Helen and Suman Sharma, the first woman to fly the fighter plane MIG-35 as it tried to differentiate.

The Election Commission on Saturday directed that no newspaper advertisement be published on April 3 and 4 in poll-bound Assam and West Bengal without prior clearance, a move which came against the backdrop of controversial advertisements issued by BJP during Bihar elections.

The first phase of election in Assam and West Bengal will be held on April 4.

Ford India sold 21,198 vehicles (domestic 7,560 units, exports 13,638 units) in March 2016, up form 15,775 vehicles (domestic 5,253 units, exports 10,522 units) sold in March 2015 which is 5,423 units more than the previous sales, the auto company said in a statement.

On the other hand, Toyota Kirloskar Motor said it sold a total of 9,007 vehicles in March, down from 14,325 units sold in March 2015.

Prime Minister Narendra Modi met his British counterpart David Cameron in Washington on the sidelines of Nuclear Security Summit (NSS) during which the two leaders discussed defence co-operation and Make in India issues.

“My meeting with PM David Cameron focused on defence cooperation, make in India and other key issues,” Mr. Modi said in a tweet before he left for Saudi Arabia after two days of engagement with world leaders during the NSS here.

Aadhaar enrolments are set to cross the 100 crore mark in a couple of days, a development which will boost the government’s plan to provide subsidies and benefits under various social sector schemes directly.

As per the website of Unique Identification Authority of India (UIDAI), which is implementing the Aadhaar project, “99.91 crore is the total number of Aadhaars issued as on date. Portal counts/reports are not updated due to maintenance activities. Portal will be updated shortly.”

Domestic equity indices BSE Sensex and NSE Nifty ended the week with marginal losses and also dipped for the first time in the past five weeks. For the week ended April 1, the BSE Sensex dropped 67.92 points or 0.26 per cent to 25,269.64, while NSE Nifty shed 3.45 points or 0.04 per cent to 7,713.05.

In the Nifty pack, share price of Bharti Airtel plummeted the most — 6.21 per cent, followed by Hindalco (down 5.42 per cent), Mahindra & Mahindra (down 4.53 per cent) and HDFC (down 4.09 per cent).

MUMBAI: The Securities & Exchange Board of India has told mutual funds to drastically reduce the number of funds under management and stick to only one fund per category in an attempt to end the complexities of mutual fund investing. The regulator believes that the current products list, longer than the number of actively traded listed stocks on stock exchanges, is confusing investors.

A plethora of schemes makes it impossible for an investor to gauge a fund's suitability and often the distinctions are too thin to make any significant difference, Sebi feels.

State-owned Indian Oil Corporation (IOC) on Friday said it has achieved a new record crude oil processing of 56.1 million tonnes (MT) in 2015-16 fiscal, with highest ever distillate production.

IOC's nine refineries operated at 103.5% of the installed capacity in the fiscal, IOC Director (Refineries) Sanjiv Singh said.

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