James Anderson ran in, the red Duke ball gleaming on the outside, the seam slightly tilted towards the left. Virat Kohli tapped his bat on the hard Old Trafford turf. The rest of the sequence - and the outcome - left the oddmakers at Ladbrokes and William Hill chuckling. As it has every time Kohli has batted in the last four weeks of the Indian cricket team's tour of England. On this particular occasion, the ball ended in Ian Bell's hands in the slip cordon. As the bowler flashed a wry smile, Kohli was officially inducted into Anderson's bunny club.

AHMEDABAD: Tata Nano, once a symbol of aspiration for two-wheeler owners, will be revamped next year and launched as a 'Smart City Car', Girish Wagh, senior vice-president, Tata Motors, said on August 13.

The car suffered from an image problem leading to lower sales.

Mumbai: The 30-share bellwether BSE Sensex gained 55 points on Thursday ahead of Wholesale Price Index (WPI)-based inflation data.

At 09.19am, the Sensex was trading up 0.21%, or 55.14 points, at 25,974.09 points, while the National Stock Exchange’s (NSE’s) broader 50-share Nifty was trading up 0.05%, or 3.75 points, at 7,743.30 points.

Bangalore: Losses at infrastructure company GMR Infrastructure Ltd widened to Rs.593 crore in the first quarter of fiscal 2015, 82% more than the Rs.326 crore loss it posted the previous year.

The company had finished the last fiscal year on a high, posting profit of Rs.1,170 crore mainly due to asset sales as the company took measures to address its burgeoning debt.

Aiming to maintain leadership in the highly-competitive automotive market, Maruti Suzuki India has unveiled a roadmap for the next 30 years, eyeing sales of three million vehicles annually.

“2013-14 was a significant milestone year for us, as in December we completed 30 years of selling cars. It is a good time to review what we have achieved and what we should do in our next 30 years-Maruti 2.0,” Maruti Suzuki India (MSI) Chairman R. C. Bhargava said in the company’s annual report for 2013-14.

Mercedes-Benz has announced an armoured version of its 2014-generation S-class limousine, a coachbuilt rolling vault that can withstand grenades and a machine-gun barrage.

While not the only armoured version of the car on the market, the S-600 Guard is the only one built by the Sindelfingen factory.

More than half the factories across the country may be exempt from the restrictive provisions applicable under the current legislative framework, with the Factories Amendment Bill, 2014 proposing to revise the definition of a factory by effectively doubling the threshold of the number of workers employed in such a unit.

A decade after low-cost carriers led India's air travel boom, full-service airlines are gearing up for a battle for premium passengers that only the deep-pocketed are likely to win.

Flag carrier Air India, which has only offered premium travel, will face more competition from second-largest airline Jet Airways, which on Monday said it would ditch its budget unit and focus on the full-service market amid mounting losses.

Microsoft on Wednesday launched the Lumia 530 Dual SIM smartphone, the 'most affordable' Lumia to date, in India. The phone is priced Rs 7,349 and will be available in stores from August 14, 2014.

Lumia 530 comes with the latest version of Windows 8.1, with updates such as the one swipe notification from the Action Center and the World Flow keyboard. It comes with changeable cover shells in bright orange, bright green, dark grey and white.

The international strategy of Larsen & Toubro, the country’s largest engineering and construction company, hasn’t quite worked the way it had wanted. It hydrocarbon division reported a Rs 900 crore loss in the June quarter. With the company booking losses in all the six hydrocarbon orders it won and implemented over the past three years, the stock has fallen 12 per cent since the results were announced. Analysts are angry, as the company’s performance is not in line with their projections and say L&T did not adequately disclose the extent of stress in its international order book.

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