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Maruti India recalls 5,900 units of Super Carry

Maruti India recalls 5,900 units of Super Carry

The country’s largest carmaker Maruti Suzuki India (MSI) on Wednesday said it is recalling 5,900 units of its light commercial vehicle Super Carry to replace faulty fuel filter.

The company will inspect a possible defect in fuel filter of 5,900 Super Carry vehicles manufactured between April 26, 2018, and August 1, 2018, MSI said in a regulatory filing.

Air India should disclose lease income from assets abroad: CIC

Air India should disclose lease income from assets abroad: CIC

Cash strapped national carrier Air India should disclose its assets abroad and earnings from them, the Central Information Commission has ruled.

It “summarily” rejected the contention of Air India that the information sought by activist Aseem Takyar regarding rent, lease fee fetched by it from April 01

AI startup Tranzmeo raises funding from HPCL

AI startup Tranzmeo raises funding from HPCL

Mumbai: Artificial intelligence (AI) startup Tranzmeo, which is part of NASSCOM 10,000 Startups accelerator programme, has secured an undisclosed pre-seed funding from Hindustan Petroleum Corp. Ltd (HPCL) for its AI-powered product, T-connect OneView, the industry body said in a statement on Wednesday.

Bajaj’s 125cc bikes may see price hike on safety norms

Bajaj’s 125cc bikes may see price hike on safety norms

Pulsar, Discover and Avenger (125cc and above) motorcycles might see a price hike between Rs 4,000-10,000 post-April 2019 due to the incorporation of anti-lock braking system (ABS) safety norm, Rajiv Bajaj, managing director, Bajaj Auto, said in an interview to a business news channel. Commenting on the outlook for FY20, Bajaj while speaking to CNBC TV18, said:

Tata Motors aims to raise addressable market to 90%

Tata Motors aims to raise addressable market to 90%

Riding on the success of vehicles such as Nexon and Tiago, Tata Motors has lined up plans to increase its total addressable market to 90% by 2020, as part of its efforts to further expand network and grab more market share from close competitors. Total addressable market (TAM) is the overall revenue opportunity available for a specific product or service, taking into account the expansion scenarios.

Amazon announces record sales for holiday season in 2018

Amazon announces record sales for holiday season in 2018

US-based online retail giant Amazon on Wednesday announced a record-breaking holiday season as tens of millions of people have signed up for its Prime membership either by making paid service or on a trial basis.

“Prime membership continued to grow this holiday season… to benefit from FREE Same-Day, One-Day or Two-Day shipping, in addition to FREE two-hour delivery with Prime Now, and exclusive shopping and entertainment benefits,” Amazon said.

Mukesh Ambani’s RIL share price gains 2.2% to emerge as biggest Sensex gainer

Mukesh Ambani’s RIL share price gains 2.2% to emerge as biggest Sensex gainer

RIL share price: Shares of billionaire Mukesh Ambani-led Reliance Industries surged in trade on Thursday morning, to emerge as the biggest gainer in the Sensex. RIL share price zoomed by more than 2.2% to hit Rs 1,122.90. RIL is contributing the maximum to Sensex gains currently. Among other major bluechip gainers were TCS, Infosys and ITC. A look at top index contributors.

Sensex rallies over 300 pts on positive global cues, Nifty reclaims 10,800

Sensex rallies over 300 pts on positive global cues, Nifty reclaims 10,800

BSE benchmark Sensex rallied 391 points and NSE Nifty reclaimed the 10,800 level Thursday on positive cues from Wall Street as US stocks recovered from heavy losses after the White House assured that US President Trump had no intention of firing the Fed chairman.

Air India should disclose lease income from assets abroad: CIC

Air India should disclose lease income from assets abroad: CIC

Cash-strapped national carrier Air India should disclose its assets abroad and earnings from them, the Central Information Commission has ruled. It “summarily” rejected the contention of Air India that the information sought by activist Aseem Takyar regarding rent, lease fee fetched by it from April 01, 2008 with regard to its properties abroad; demarcation plan and total area of these properties, arrears attracts exemption of commercial confidence under the RTI Act.

Anil Ambani’s RCom says committed to pay outstanding spectrum dues, as deal with Jio hangs in balance

Anil Ambani’s RCom says committed to pay outstanding spectrum dues, as deal with Jio hangs in balance

Anil Ambani-led Reliance Communications Ltd said on Wednesday that it remains committed to paying its outstanding dues, even as the telco’s proposed deal with Mukesh Ambani-controlled Reliance Jio remains uncertain. RCom said it hopes to get long-awaited consent from DoT for its spectrum sale to Reliance Jio Infocomm.

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