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New Maruti Suzuki Ciaz facelift teased again, to launch in India this month
Posted on 13th August 2018
Maruti Suzuki has released another teaser image of the new Ciaz facelift before its official launch takes place in India this month. The latest teaser image features one of Ciaz facelift's tail lamps, which seem to pick come inspiration from that of a BMW's. Maruti teased the new Ciaz last week as well when it released a video showing the updated sedan's headlamp design.

‘Infosys betting big on cybersecurity market’
Posted on 13th August 2018
BENGALURU: Infosys is eyeing a slice of $5-billion opportunity in offering cybersecurity solutions to its 2,000-plus enterprise customers, that is expected to grow 10-12% CAGR in the the next five years.

Narsimha Rao Mannepalli, head of cloud, infrastructure and security (CIS) at Infosys, said there is renewed governance focus from the board on cybersecurity, and the company is betting on it in a big way, adding talent and restructuring a lot of their internal talent to this business segment.


Rupee plunges 79 paise to record low of 69.62 against USD
Posted on 13th August 2018
Reversing all its early gains, the Indian rupee nosedived to its life-time low of 69.62, tumbling by 79 paise against the US dollar in morning trade today in line with weakening domestic equities and global markets rout.

Increased demand for the US currency from importers and banks amid fresh foreign fund outflows mainly hit the rupee sentiment, forex traders said.


Hyundai exploring options to manufacture electric vehicles in India
Posted on 13th August 2018
The country’s second-biggest carmaker, Hyundai, showcased its India-centric electric sedan concept car Ionic at the Auto Expo 2018, held in Greater Noida in February this year. Now, the South Korean automobile giant is reportedly planning to bring an electric sports utility vehicle (SUV) and sedan to India, according to a news report in the Economic Times.

Air India's financial troubles affecting its operations, says ICPA
Posted on 13th August 2018
Lack of funds is leading to more problems than just non-payment of salaries at national carrier Air India. According to the Indian Commercial Pilots Association (ICPA), Air India has grounded 23 per cent of its present fleet, mainly due to lack of spares and poor maintenance.

Tata Motors, Tata Motors DVR hit 52-week low on drop in global sales
Posted on 13th August 2018
Shares of Tata Motors and Tata Motors (DVR) have hit their respective 52-week lows after the company reported 5% drop in global sales, including that of Jaguar Land Rover (JLR), to 92,639 units in July.

“Global wholesales of all Tata Motors’ commercial vehicles and Tata Daewoo range in July 2018 were at 40,443 units, higher by 29%, over July 2017,” the company said in a regulatory filing.


Coal India Q1 profit up 61 pc at Rs 3,786 cr
Posted on 11th August 2018
Coal India Ltd (CIL) today posted 61.07 per cent jump in consolidated net profit at Rs 3,786.44 crore for the June quarter of 2018-19 financial year.

It had reported a net profit of Rs 2,350.78 crore in the same quarter of 2017-18, the state-owned company said in a regulatory filing.


Air India Independence Day sale: Book flight tickets at ‘attractive’ discount; check details
Posted on 11th August 2018
Air India Independence Day sale: On the occasion of India’s Independence Day, the national air carrier is offering an attractive discount on flight tickets across the airline’s network, Air India said on its official Twitter handle. The customers can avail full benefits of the offer by making an online booking at air carrier’s website – airindia.in. The latest discount offer is applicable till 15, 2018.

No more free insurance for train travel, opt out or pay up: Railways
Posted on 11th August 2018
The Indian Railways will not provide free travel insurance to its passengers starting September 1, an official said on Saturday.

A senior Railway Ministry official said that the Indian Railways Catering and Tourism Corporation (IRCTC) has decided to stop free travel insurance starting September 1.


Tata Motors records 5% decline in global sales to 92,639 units in July
Posted on 11th August 2018
Tata Motors on Saturday reported 5 per cent drop in global sales, including that of Jaguar Land Rover (JLR), to 92,639 units in July.

Global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range last month were at 40,443 units, higher 29 per cent from the year-ago period, the company said in a regulatory filing.


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