Car consumers are seeking cleaner, next-gen Bharat Stage VI (BS-VI) emission standard vehicles from Maruti Suzuki despite the availability of cheaper and soon-to-be-outdated BS-IV vehicles.Despite Rs 8,000-11,000 increase in prices in BS-VI cars compared to BS-IV, the car market leader has sold more than 200,000 units of BS-VI cars since their debut in April.In a recent conference call on the sidelines of announcing the Q2 results, a senior Maruti Suzuki official said that the company was left with only 14 days of BS-IV stock.Close So far, of the 14 models the Delhi-based company retails in India, eight have been converted to BS-VI including some best-sellers like Alto, Baleno, Swift, Dzire, Ertiga and Wagon R. related news Rupee up 5 paise at 71.71 against US dollar China's Xi says he wants to work out initial trade deal with US Tata Motors makes a "paradigm shift" for its dealers to beat slowdown Shashank Srivastava, executive director, Maruti Suzuki said, “We … [Read more...] about Maruti running out of BS-IV stock even as buyers seek emission-friendly BS-VI variants
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Most non-life insurance policies−be it health, personal accident, auto or home−are contracts renewable yearly. Barring a few two- and three-year covers introduced by non-life insurers, most policy holders receive yearly renewal notices for the payment of their premiums to retain their insurance covers. With the advent of technology, it has become a hassle-free act in most cases. All you need to do is to read the text message from your insurer, click on the link given in it, tick the accept term and conditions box and make the payment online. Within a minute or two, the policy document hits your email inbox.Review your renewal notice It is a sacrosanct document, most experts say. It is the base of the contract you are entering into. Do check your name and other details. Check what you are insuring. For example, if you are renewing a personal accident insurance cover, do check the coverage offered for each event−accidental death, total permanent disability and … [Read more...] about Five factors to review before renewing your insurance policy
Acknowledging India's reliance on Russian military hardware for its defence needs, the Trump Administration has said that it wants New Delhi to address its protocols and processes on protecting sensitive military technology and procurement processes to be a "tighter and closer partner" of the US.Responding to questions on Thursday, a senior State Department official reiterated that there is no blanket waiver for the punitive sanctions under the Countering America's Adversaries Through Sanctions Act (CAATSA) on countries buying major defence equipment from Russia.It's the significant acquisitions that put at risk inter-operability, the official said in response to a question on CAATSA sanctions.Close “What's the message that's going to India, and where do you see them now, particularly with the potential purchase of a major system like the S-400?” the official was asked. related news Centre releases over Rs 800 cr for vital health projects in J&K Family … [Read more...] about India needs to address its protocols and processes on protecting US defence technology: Official
Bharti Airtel and Vodafone Idea have filed applications before the Supreme Court, seeking the review of its judgment on Adjusted Gross Revenue (AGR), according to a CNBC-TV18 report.The report noted that the review petitions challenge the inclusion of notional incomes as a part of AGR and that it sought to challenge the imposition of interest on outstanding dues.The review petitions also seek to contest the levy of penalties as upheld by the apex court, and agitate computation and imposition of interest on outstanding dues.Close Also read: Supreme Court dismisses telcos' definition of AGR, upholds all dues payable to govt related news Uber in talks with bike rental startup Bounce to list two-wheelers on its app: Report Expect lower electricity bills as power tariffs fall: Report Moneycontrol Ultimate Business Quiz #75: Test your knowledge Vodafone Idea and Bharti Airtel reported a combined loss of Rs 74,000 crore for the quarter that ended in September, mainly on … [Read more...] about Bharti Airtel, Vodafone Idea file review petitions of AGR judgement: Report
Nostalgia and pride are powerful motivators for philanthropy, which are how college endowments at the nation’s elite universities got as large as they are today. While thinking back fondly of your alma mater is common enough, now an ambitious new fundraising initiative is testing whether the same attitudes be harnessed to raise money for an institution that needs the cash even more: the New York City housing projects. advertisement advertisement “I take great pride in the fact that I’m a wonderful American dream story,” says Jeff Levine, a wealthy real estate developer who lives on Long Island with his wife and kids–a far cry from where he grew up. Recently, he got to take his children on a field trip to his stomping grounds as a child: his old apartment at Linden Houses in Brooklyn’s East New York neighborhood. Public housing is very different today than it was in the late 1950s and early 1960s when Levine resided there. At the time, … [Read more...] about Will Housing Project “Alumni” Give Back To A Crumbling System?