With the loss of the number one position to Maruti Suzuki's premium hatchback, Baleno, Hyundai is charting out ways to reclaim the leadership spot for the i20 in the coming months.

Baleno, which is clocking robust bookings since its launch in late October, has given i20 a tough fight. The latest product to be launched by Maruti even disloged Hyundai’s flagship offering from the leadership position in December sales.

Indian naval ship (INS) Vikrant, the first aircraft carrier, which played a pivotal role in the 1971 Indo-Pak war, has made its way into a commuter bike to be launched by Bajaj Auto next month.

The Pune-based, India’s most valued two- and three-wheeler maker, will launch a 150-cc motorcycle on February 1 christened ‘V’ which is built from metal used in the country’s most celebrated aircraft carrier.

Shareholders of the State Bank of India (SBI) are crying foul over the bank's refusal to provide electronic voting (e-voting) facilities for its upcoming extraordinary general meeting (EGM).

The country's top bank has issued notices for a shareholders' meeting in February to approve fresh capital-raising plans of up to Rs 15,000 crore.

India has been ranked at 76th position in public sector corruption out of 168 countries in the Transparency International Corruption Perceptions Index 2015, improving its slot from 85 in 2014 and 94 in 2013.

Although corruption is still rife globally, many countries improved their scores in the 2015 edition of the corruption index, a Trasparency International statement said on Wednesday.

After completing construction of its 15-million tonne crude oil refinery at Paradeep, Indian Oil Corporation Ltd (IOCL) is now eyeing to fast track its petrochemical complex coming up at the same location.

IOCL is investing Rs 34,000 crore on the petrochemical complex, roughly the same amount it spent on the refinery. Though IOCL had conceptualised the oil refinery and petrochemical complex at the same time, the petrochemical complex was kept in abeyance due to recession.

NEW DELHI: Standalone health insurance company Apollo Munich today announced its partnership with Axis Bank for offering bank customers customised insurance policies.

"We along with our partner will design and offer customised health insurance products to the bank's customers, as per their requirements. Policy issuance and service will be driven by paperless online processes, ensuring minimum turnaround time," Antony Jacob, CEO, Apollo Munich Health Insurance, said.

Mumbai: The Indian rupee on Wednesday weakened past 68 mark against the US dollar, after foreign portfolio investors (FPI) continued to liquidate their investment in the equity as well as in debt markets.

At 2.08pm, the rupee was trading at 68.04 a dollar, down 0.3% from its previous close of 67.84. The local currency opened at 67.91 a dollar and touched a low of 68.07—a level last seen on 21 January.

Mumbai: As Indian stock markets remain volatile, the Securities and Exchange Board of India (Sebi) is examining whether the rules and trading norms in place are sufficient to mitigate risks from possible market manipulation or disproportionate unwinding of derivatives positions.

The regulator met top exchange officials and brokers last week to take stock of the situation and advised them to track the markets closely to ensure there is no foul play or excessive speculation in equities and derivatives trading.

Manufacturing activity in the country dipped to a one-year low in January, suggesting moderation in growth, says a report by State Bank of India (SBI).

The yearly SBI Composite Index fell below the 50 mark to 47.3 in January — its lowest level in the past one year, indicating “moderation in economic activity going forward”.

A bout of volatility kicked in the equity markets on Wednesday as the benchmark Sensex slipped into the red after opening higher, but is still trading higher by 20 points amid higher Asian cues.

This came on the back of buying in power, realty, technology and healthcare sectors while financials, banking, capital goods, metal and consumer durables stocks lost ground.

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