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TVS Apache RR 310 beats KTM 390 twins in sales despite price hike: What makes it so successful

TVS Apache RR 310 beats KTM 390 twins in sales despite price hike: What makes it so successful

The TVS Apache RR 310 has outsold its closest rival KTM RC 390 in the month of March 2018. In fact, the bike has beaten the combined sales of KTM RC 390 and 390 Duke during the said period. According to the sales data issued by the Society of Indian Automobile Manufacturers (SIAM), the TVS Apache RR 310 found 983 new homes in the month of March 2018. On the other hand, 716 units of the KTM RC 390 and 390 Duke were sold combined during the same month.

Fuel retail: RIL, Essar ramp up presence

Fuel retail: RIL, Essar ramp up presence

Thanks to decontrol of auto fuel prices and the reduced threat of a return of rigorous regulations, Reliance Industries and Essar Oil (Rosneft) have fast-tracked the process of strengthening their fuel retail network. These private-sector companies, which currently have a little over 5,550 retail fuel outlets —less than 10% of the total — will together add another 2,500 over the next couple of years.

Oil marketing companies slip 2% to 4%, HPCL, BPCL hit 52-week lows

Oil marketing companies slip 2% to 4%, HPCL, BPCL hit 52-week lows

Shares of oil marketing companies (OMCs) were trading lower in the range of 2% to 4% on the BSE in early morning trade on Thursday after global crude oil prices hit 3-year high on Wednesday.

Hindustan Petroleum Corporation or HPCL (down 4% at Rs 308), Bharat Petroleum Corporation or BPCL (down 3.7% at Rs 390) and Mangalore Refinery & Petrochemicals or MRPL (down 3% at Rs 104) have hit their respective 52-week lows on the BSE in intra-day trade today.

Rupee ends at 65.66 to dollar; lowest in past seven months

Rupee ends at 65.66 to dollar; lowest in past seven months

The rupee today slipped by 2 paise to settle at a fresh seven-month low of 65.66 against the US currency due to sustained dollar demand and forex outflows, extending its fall for a third day amid surging crude prices.

The rupee had fallen to a low of 65.79 in early trade but the RBI's suspected intervention helped the currency recover to a day's high of 65.59.

Air India pilot threatens co-pilots with 'axe', probe ordered

Air India pilot threatens co-pilots with 'axe', probe ordered

Air India has ordered a probe into the complaints that one of its senior pilots threatened to hit his co-pilots with 'crash axe' at least on two flights, the sources said.

While ordering probe, India's national carrier also directed the senior pilot not to perform his duties as an instructor till further orders. His 'trainership,' however, was restored last week.

Amazon silently launches 'Internet', a private web browser in India

Amazon silently launches 'Internet', a private web browser in India

E-commerce giant Amazon has silently launched a web browser for Android devices in India called ‘Internet’ which it claims is fast, doesn’t occupy much storage space on a user’s device and does not collect private data like other browsers.

The browser, which has been available on the Google Play Store since March, has just over a hundred installs so far.

Markets snap 9-day winning streak on late selling, fall in banking stocks

Markets snap 9-day winning streak on late selling, fall in banking stocks

Stocks took a breather today after nine sessions of gains owing to a rush among investors to book profits towards the fag-end amid sustained foreign fund outflows even as global cues were positive.

The BSE Sensex, after resuming higher at 34,443.42, advanced to hit a high of 34,591.81 on buying by domestic institutional investors (DIIs) as well as retail participants.

NCLAT recalls order that allowed sale of RCom's tower and fiber assets

NCLAT recalls order that allowed sale of RCom's tower and fiber assets

The National Company Law Appellate Tribunal (NCLAT) on Wednesday recalled its previous order which allowed debt-ridden Reliance Communications to proceed with the sale of its tower and fibre assets.

The sale of these businesses form an important part of the overall Rs 250 billion asset monetisation blueprint of the troubled company.

'You are like my granddaughter': Tamil Nadu Guv Banwarilal Purohit apologises to journalist for patting her on cheek

'You are like my granddaughter': Tamil Nadu Guv Banwarilal Purohit apologises to journalist for patting her on cheek

Under fire for patting the cheek of a woman journalist, Tamil Nadu Governor Banwarilal Purohit on Wednesday tendered an apology to her.

The 78-year-old governor had patted Lakshmi Subramanian on the cheek when he was about to leave the venue of a press conference, triggering an outrage by the journalist fraternity and opposition parties, including the DMK.

PM Modi meets Theresa May for bilateral talks on immigration, counter-terrorism

PM Modi meets Theresa May for bilateral talks on immigration, counter-terrorism

Prime Minister Narendra Modi on Wednesday arrived at 10 Downing Street for a breakfast meeting with his British counterpart Theresa May during which the two leaders are expected to discuss wide range of issues of mutual interest, including cross-border terrorism, visas and immigration.

Modi was greeted with the customary handshake by May.

Very welcome to London, Prime Minister, May said as she greeted Modi, who arrived in a Tata Motors Range Rover.

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