Shaily Engineering Plastics share price declined more than 13 percent intraday on December 9 after the company's plant at Rania was searched by GST authorities.There was a search at the company's Rania plant by GST authorities and the same has ended, the company said in a release.The company is extending all co-operation and the investigation and submissions by the company is continuing.Close As part of the investigation, the authorities have seized some moulds belonging to the company as well as its customers. This is being contested by the company. There has not been any case of evasion of any duty which has been established as of now and the company has not received any show-cause notice from the authorities till date, the company added. related news Motilal Oswal cuts L&T target price on lower growth expectation D-Street Buzz: IT stocks drag led by TCS; Zee Ent falls 3%, Indiabulls Housing most active South Indian Bank share price declines on rating revision The … [Read more...] about Shaily Engg share price falls 13% after GST authorities search its Rania unit
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Yamaha’s YZF-R15 V3 recently joined the bandwagon of BSVI-compliant vehicles, as the updated version was launched by the Japanese motorcycle manufacturer yesterday. The motorcycle gets a new colour scheme along with a BSVI-compliant engine.Since Yamaha had to alter the engine to manage its emissions, the new motor makes 0.7 PS and 0.6 Nm less than its predecessor. The BSVI motor makes 18.6 PS of maximum power and 14.7 Nm of peak torque. However, its rev range and torque band remain unchanged. It also carries forward its 6-speed manual transmission with a slip-and-assist clutch.The motorcycle also gets a new radial rear tyre, though the rest of the underpinnings remain the same. It gets a pair of telescopic forks in the front and a monoshock at the back while braking duties are handled by single discs on both ends. The motorcycle also gets a dual-channel ABS unit as standard. The bike also still retains its kerb weight of 142 kilos.Close In addition to the mechanical changes, … [Read more...] about Yamaha launches BSVI YZF-R15: What has changed?
KTM has introduced the much anticipated 390 adventure in India. The off-roader was unveiled at the recently concluded India Bike Week (IBW) and features a host of electronic and mechanical rider aids.The motorcycle shares its engine with the 390 Duke, albeit with BSVI compliance. It makes 44PS of maximum power and 37Nm of peak torque and is mated to a 6-speed manual transmission. The engine also gets a slipper clutch and a bi-directional quickshifter as standard.KTM has also equipped the motorcycle with a lean, sensitive traction control unit, as well as cornering ABS. It gets WP-sourced suspension units on both ends, while the front upside-down fork (USD) is non-adjustable. The rear monoshock can be adjusted for preload as well as rebound. The front wheel has a travel of 170mm, while the rear travels for 177mm. This significantly improves the motorcycle’s off-roading capabilities.Close The 390 Adventure gets a complete LED light setup, along with a windshield and a TFT … [Read more...] about India Bike Week: KTM unveils the much-anticipated 390 Adventure
Jeep is gearing up to update its lineup with BSVI-compliant engines. Among the first is the Compass, which is expected to get a BSVI-compliant petrol engine. The company has not revealed if it will offer the SUV with a diesel engine, but it is speculated that the new petrol motor will be more powerful than its predecessor.A test mule was recently spotted without camouflage, which was equipped with a 1.4-litre, MultiAir petrol unit which makes 170PS of maximum power and 250Nm of peak torque. It was supposedly mated to a 6-speed manual gearbox, which sends power to the front wheels.The Sport variant is expected to be equipped with a 5-inch touchscreen infotainment system with Uconnect, 16-inch steel wheels, quad halogen headlamps, height-adjustable driver’s seat, and remote keyless entry. It should also get safety equipment like driver and passenger airbags, traction control, ABS with EBD and hill assist.Close Currently, the SUV is priced between Rs 14.99 lakh and Rs 23.11 lakh … [Read more...] about Here’s what Jeep is planning to do with Compass in the coming days
Optical fibre maker Sterlite Technologies on Tuesday said it has entered into a pact with Indian Institute of Technology Madras for research and advancements in 5G communications technology in the country."Sterlite Technologies Ltd (STL)...has signed a memorandum of understanding (MoU) with Indian Institute of Technology Madras...for sponsoring a chair professorship in 5G," the company said in a filing to BSE.Announcement of the first occupant of the Chair Professorship will happen in the first quarter of 2020.Close "Through this partnership, STL and IIT Madras are committed to realise the enormous potential of 5G for customers and industry in India and global markets," said Badri Gomatam, Group CTO, STL. related news BPCL seeks LNG cargo for January delivery: Sources Indian Oil seeks LNG cargo for December delivery: Sources SBI reports bad loan divergence of Rs 11,932 crore for FY19 The Chair Occupant will work towards accelerating the advancements in 5G by unifying IIT … [Read more...] about Sterlite Technologies, IIT Madras sign pact for 5G advancement