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Maruti launches Ciaz sedan at Rs 6.99 lakh

Maruti launches Ciaz sedan at Rs 6.99 lakh

Country's largest carmaker Maruti Suzuki India (MSI) today launched mid-sized sedan Ciaz with an introductory price starting at Rs 6.99 lakh (ex-showroom Delhi).

The petrol variants of the sedan are priced between Rs 6.99 lakh and Rs 9.34 lakh while the diesel variants are priced between Rs 8.04 lakh and Rs 9.8 lakh, respectively (ex-showroom Delhi).

Oil prices slip on increased supply, strong dollar

Oil prices slip on increased supply, strong dollar

Crude prices slipped today to multi-year lows owing to a build-up in supplies while the dollar rallied in response to a strong US jobs report, as analysts warned of further losses.

US benchmark West Texas Intermediate for November delivery was down five cents at $89.69. On Friday it closed below $90 for the first time since April 2013. Brent North Sea crude eased 36 cents to $91.95, a two-year low.

India can be the hub for Europe, Africa: Tony Fernandes

India can be the hub for Europe, Africa: Tony Fernandes

Low cost airline AirAsia has said that going forward India can be a hub for Europe and Africa for the airline.

In an interview to Gulf News, the Malaysian-based airline's Group Chief Executive Tony Fernandes said, 'I see India in a different way than most people see India. There is no reason why India cannot be a hub into Europe and Africa'.

Sensex, Nifty closed on account of Bakri Id; Asian markets rally

Sensex, Nifty closed on account of Bakri Id; Asian markets rally

NEW DELHI: Indian stock market will remain shut on Monday, 6th October on account of public holiday. The BSE, NSE will remain closed for 'Bakri Id'.

However, Asian markets were trading higher tracking gains on Wall Street which rose following a stronger-than-expected September U.S. jobs report that bolstered the outlook for the U.S. economy.

Suzuki Motor in advanced stage of developing new diesel engine

Suzuki Motor in advanced stage of developing new diesel engine

MUMBAI: Maruti Suzuki may have more diesel options from its own portfolio of engines to power its vehicles, as parent Suzuki Motor is in an advanced stage of developing a new 1.5-litre four-cylinder power plant targeting the Indian market.

Suzuki has already developed an 800-cc diesel engine and Maruti is expected to start using it soon. That engine is built on a modular platform, so multiple derivatives of it are expected. After the 800-cc engine, it is working on two derivatives of a four-cylinder engine, a 1.6-litre variant for Europe and a 1.5-litre one for India.

Ceasefire violation: Pakistan targets outposts along international border in Jammu and Kashmir; five killed, 26 injured

Ceasefire violation: Pakistan targets outposts along international border in Jammu and Kashmir; five killed, 26 injured

Pakistani troops continued breaching the ceasefire along the LoC on Saturday late night by resorting to unprovoked firing and shelling in Jammu and Kashmir.

At least five people were killed and 23 other injured in a ceasefire violation by Pakistani troops in Jammu and Kashmir's Arnia sector.

Google to enable faster search on slow mobile network in India

Google to enable faster search on slow mobile network in India

Aimed at strengthening its foothold in the Indian mobile Internet space, tech giant Google will enable a faster search capability for mobile phones with slower network connections.

Using a new streamlined version of its search results page, the US-based company will automatically check if a user has a slow wireless connection and deliver a fast loading version of Search.

Infosys faces a beating again

Infosys faces a beating again

Even as many believe that the fresh lawsuit filed by Infosys' former employee, Jack Palmer, could be dismissed in a US court yet again, experts say the development might lead to a further loss in reputation for India's second largest information technology services company.

In a fresh case filed by Palmer in a New Jersey District Court on Thursday, the American national claims to have been discriminated against because he raised the issue of breach of US visa rules, Reuters reported last week.

TS Genco, Bhel sign MoU to establish thermal power plants

TS Genco, Bhel sign MoU to establish thermal power plants

Bhel has already executed thermal power projects in Telangana in Bhupalapally, Singareni Colleries and Kothagudem, whose performance is above the national average in terms of plant load factor.

Telangana State Power Generation Corporation (TS Genco) and Bharat Heavy Electricals Limited (Bhel) have signed a memorandum of understanding (MoU) to establish thermal power plants to generate 6,000 MW of electricity in Telangana, it was officially announced on Sunday.

Ambani's pipeline firm sees its losses zoom

Ambani's pipeline firm sees its losses zoom

The private companies of Reliance Industries Chairman Mukesh Ambani saw a slowdown in growth in fiscal 2014, courtesy a slowing economy and fall in gas production.

Of Ambani's three main private operating companies, Reliance Gas & Transportation, the gas pipeline company, widened its loss to a record high of Rs 3,400 crore in fiscal 2014 from Rs 900 crore loss in FY2013, as gas production from RIL's Krishna Godavari basin fell over the years.

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