Honda City Diesel Under Rs. 8 Lakhs Coming in 2014

Over the years, Honda Cars India has built a reputation of manufacturing vehicles that are high in terms of performance and comfort. The company has enjoyed a vast amount of success in the Indian car market particularly due to its City sedan. The car that is cherished by quite a few is one of the favourite mid-size sedans to feature in India. The hike in petrol prices have impacted the sales figures of Honda City since the car is not offered in a diesel version.

Now, the next-generation model is expected to replicate the success of older generation ones. As expected, the 2014 version of City shall make inroads in India powered by petrol and diesel units. Rumours are doing the rounds that the upcoming City would arrive in showrooms in India by January 2014, bearing a new shape and design. So as the launch date is nearing, car enthusiasts are getting all more excited about the design and features of upcoming Honda City.

The first and foremost exciting new addition in upcoming Honda City would be its availability in a diesel version. It was highly expected from the company as the ‘rapid dieseling’ of the Indian car market resulted in the plummeting of Honda City petrol sales. According to sources, the car would be offered with a 1.5-litre i-DTEC engine, which currently powers Amaze sedan but in differently tuned outputs. Apart from this, the 1.5-litre i-VTEC powertrain of City shall be offered with numerous advancements in order to give away superlative performance.

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The other striking new feature of upcoming Honda City would be its new philosophy named as "EXCITING H DESIGN!!!". Under this, the three design factors, namely, High Technology, High Tension and High Touch represent the company’s aim to achieve a balanced body structure along with superior technology embedded in all of its vehicles. The new design concept was first seen in Fit model, which has already made its debut in major international markets. As reported, the upcoming Honda City is based on the same design platform.

On taking inspiration from the Fit model, the next generation Honda City would bear numerous designing changes as the front fascia will hold elongated wraparound clear lens headlamps along with projector lights and a sportier new grille. At the rear, new LED taillights along with running creases that will extend till the boot of the car are going to add to its styling.

Also to mention, the mileage figures for the upcoming petrol and diesel versions of Honda City are expected to be bit higher as compared to the current variants. Riding on the Earth Dreams Technology, the upcoming sedan of Honda shall give away best-in-class fuel efficiency as compared to its rivals.

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Also the pricing might well work for Honda in its favour as reports are citing that the upcoming car cost significantly low. Industry experts are betting high that the base variant of Honda City petrol could cost around Rs. 7 lakh while the introductory diesel trim might get carry a price tag of Rs. 8 lakh. If this happens, then Honda would definitely have an edge over its rivals considering the kind of brand value the company has in India. In addition, Honda is likely to carry forward the good work done by Amaze sedan and the much acclaimed Earth Dreams diesel technology.

Source: India Violet
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- Unknown Updated at: Wednesday, November 13, 2013

Porsche Panamera - Facelifted Launched In India

Known for its ultra-luxurious sport cars, the German automobile manufacturer Porsche introduced the facelift of version Panamera model in India last month. Now, the company has announced the launch of the new Turbo S variant in the Indian automobile market. However, the deliveries of this car will only start in February, 2014.

According to reports, advance bookings for the Turbo S version have already begun. Porsche India, on its part, has still not discussed the price of the Panamera Turbo S yet. However, speculations are rife that it might carry a price tag of around Rs. 2 crore. According to sources, this sports car will be brought to India via the Completely Built Unit (CBU) route, just like other models.

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Moreover, the company has claimed that Turbo S is the most powerful and fastest model in the Panamera line-up, which include Panamera, Diesel, GTS, Panamera 4 and Turbo. These variants were showcased at the 2013 Auto Shanghai exhibition. In the coming few weeks, this Turbo S version will make its debut at the Tokyo Motor Show. However, it has been speculated that the cost of Porsche Panamera Turbo S will be more than the Panamera Turbo. Changes have been made in the design of exteriors of this new super car. In order to make it look more attractive, it will feature body coloured rear spoiler with four modes, wider tyres, 20-inch alloy wheels and new interior finish.

Talking about its technical specifications, the Porsche Panamera Turbo S 2014 is powered by a 4.8-litre V8 petrol engine. It is fitted with twin turbochargers that delivers 570 bhp as its peak power and 750 Nm of highest torque. In comparison to the previous version of Panamera Turbo, Turbo S has power figures up by 50 bhp and 50 Nm. This boosted power output is because of the large compressors fitted in the turbo chargers and the high fuel injection pressure in the combustion chamber. Due to this, the Turbo S attains a maximum speed of 310 kmph at 0-100 kmph in just 3.8 seconds.

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This new version of Porsche has a four wheel drive because of the seven speed dual clutch automatic transmission system mated to the vehicle. It runs on 20-inch alloy wheels that looks quite wider. The company has made an extra effort to redesign the pistons and its rings, in order to bear the extra power output. In terms of appearance, Turbo S has apparently gone to many changes to look more appealing than the earlier version of Panamera.

Source: Cartrade.com
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- Unknown Updated at: Wednesday, November 13, 2013

Street 750 From Harley-Davidson Might Shine In 2014 Auto Expo

Bike enthusiasts in India would take a deep sigh after learning that the launch of an all-new Harley-Davidson Street 750 bike is around the corner. Notably, according to the information available from different sources, this bike is likely to be launched in India at the 2014 Auto Expo at a retail on-road price of under Rs. 5 lakh. Still more, according to various sources, Street series is being built on an all-new motorcycle platform.

Incidentally, the famed US based bike maker had earlier revealed Street 750 along with Street 500 at the EICMA motor show. As per reports, this pair of cruisers would be put together at Harley-Davidson's facilities in Kansas City and Missouri along with Bawal, Haryana, India. Here, it must be noted that enthusiasts will first witness the launch of Street 750 as there is no news about the launch of Street 500 in India. But nonetheless, the bike lovers will certainly have their woos after being subjected to the anticipated launch of super-bike Street 750 in the country. Many industry experts have hailed the decision of Harley-Davidson to come up with a high-end super-bike and sell it at a pretty competitive price.

Notably, the auto maker has recorded a sale of over 2000 units since its entry in India in the year 2009.

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The iconic American motorcycle manufacturer Harley Davidson is quite keen to build on its brand value in India. With the anticipated launch of Harley-Davidson Street 750 at the 2014 Auto Expo, the auto maker would definitely want to add momentum to its growth in the country. It will try to penetrate deep in the Indian automobile market to realise the ultimate aim of getting more and more domestic attention and high sales that follow, sources have claimed. The American auto maker has a penchant for producing stylish and powerful bikes to lure youngsters.

The all-new Harley-Davidson Street 750 is likely to come with a typical cruiser front end and rounded bikini fairing. It will flaunt simple classic lines that include a petite round headlamp. This muscular super-bike flourishes with a powerful presence, chrome accents and elongated tank that tapers smoothly leading to a distinct, edgy and stepped tail. Owing to its powerful engine, this bike would be able to churn out more power and torque while driving on roads. Bike lovers can also expect a potent sounding exhaust growl from this bike.

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There is rife news, according to various sources, that the auto maker is trying to incorporate features that are custom-made for Indian conditions. This bike is expected to flare pulse quickening acceleration to 110 kmph with a top attainable speed of over 150 kmph. Also, the Street 750 is likely to offer 2 inches more ground clearance along with 2 inches of extra suspension travel when compared to other models that are available in India.

Source: Cartrade.com
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- Unknown Updated at: Wednesday, November 13, 2013

The New Mercedes-Benz C Edition At Rs. 39.16

Mercedes-Benz India today introduced the sporty and stylish 'Edition C' in India to celebrate the sale of 10 million cars of the C-Class family world over.

The Edition C is priced at Rs 39.16 lakh ex-showroom Mumbai. A limited number of 500 units of the Edition C will be available for the Indian market.

"The C-Class remains one of Mercedes-Benz' best-sellers in the competitive entry-level luxury sedan segment. To celebrate the success story of the C-Class which sold more than 10 million units globally, we are presenting the 'Edition C' for our Indian customers," Mercedes-Benz India Managing Director & CEO Eberhard Kern told reporters here.

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'Edition C' will continue to set newer benchmarks in design, quality and luxury for the segment. It embodies the new generation of agility having a strong impulse for modernity and sportiness and is inspired by the global success of the C-Class, he said.

'Edition C' is equipped with a 4 cylinder diesel engine with 7G-tronic plus automatic transmission, which enables reduced fuel consumption while delivering high output and torque for unmatched driving pleasure.

Over 10 million cars of the C-Class family sold world over since the global debut of 'Baby Benz' in 1982.

Source: Indian Express
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- Unknown Updated at: Wednesday, November 13, 2013

Tata Sons $51 Million Investment With Singapore Airlines

New Delhi: Nearly two decades after their first attempt to operate an airline in India fell by the wayside, Tata Sons and Singapore Airlines announced on Thursday that they have signed a Memorandum of Understanding to set up a full-service airline.

A statement by the partners said they have applied for Foreign Investment Promotion Board approval.

This is the third proposal in the aviation sector since the Government allowed foreign carriers to acquire a 49 per cent stake in domestic airlines last September.

Initially, the board of the proposed airline will have three members, two from Tata Sons and one from Singapore Airlines.

Prasad Menon, Director, Tata Industries and former Managing Director, Tata Power, will be Chairman. Mak Swee Wah, Executive Vice-President, Commercial, will be Singapore Airlines’ nominee to the board.

Commenting on the development, Mukund Rajan, Member, Group Executive Council, Tata Sons, said: “Tata Sons will fully participate in the management and operations of the airline.”

‘NO CONFLICT OF INTEREST’

Asked whether the launch of the new airline would not lead to a conflict of interest with Tata Sons’ three-way joint venture with AirAsia and Telstra Tradeplace for a low-cost airline, a Tata Sons spokesman said: “The two airlines do not compete in the same space. AirAsia has been fully aware of this joint venture and has no objection to the partnership.”

Civil Aviation Minister Ajit Singh told newspersons that aviation rules do not bar the Tatas from having two ventures and added that it was a matter for the Securities and Exchange Board of India and the Corporate Affairs Ministry.

The proposed airline could still face some hurdles as the Ministry of Civil Aviation had earlier argued that the change in FDI policy was meant to provide a lifeline to existing airlines and not start new ones.

BJP Member of Parliament Subramanian Swamy has moved a Public Interest Litigation in the Delhi High Court against the venture with AirAsia over the same issue.

A senior Government official, however, felt the entry of Tata Sons with Singapore Airlines and Jet Airways’ tie-up with Etihad would change the domestic aviation market. “Given the cost structures here, you require people not only with deep pockets but also with experience in the airline business,” the official said, declining to be named.

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- Unknown Updated at: Friday, September 20, 2013

Gold Prices Tumble As Rupee Makes A Comeback

NEW DELHI: Gold prices suffered the steepest fall in a week on Thursday falling by Rs 1,250 to Rs 30,950 per ten grams here on heavy sell-off by stockists as equity markets and rupee recovered after RBI's fresh measures.

Silver also plunged by Rs 1,800 to Rs 53,700 per kg on poor offtake by industrial units and weakening trend in overseas markets.

Traders said the precious metals fell sharply following fast recovery in rupee against the dollar after the new RBI chief announced measures to boost economic growth.

The rupee was trading higher by 84 paise at Rs 66.24 per dollar, while stock markets were up by over 2 per cent, denting the appeal of gold considered as safe haven for investors during economic turbulences.

New RBI governor Raghuram Rajan came out with a slew of measures to rescue the battered financial markets to boosting growth.

Traders said a weakening trend in overseas markets on expectations for reduced stimulus in the US and limited military strikes against Syria, further influenced sentiment.

Gold in Singapore, which normally sets price trend on the domestic front, fell 0.7 per cent to 1,381.35 dollar an ounce and silver by 0.9 per cent to 23.27 an ounce.

On the domestic front, gold of 99.9 and 99.5 per cent purity suffered Rs 1250 loss each to quote at Rs 30,950 and Rs 30,750 per ten grams respectively. It had gained Rs 1,100 in last two sessions.

Sovereign declined by Rs 200 to Rs 25,100 per piece of eight gram.

Silver ready dropped by Rs 1,800 to Rs 53,700 per kg and weekly-based delivery by Rs 2400 to Rs 54,600 per kg.

Silver coins also fell by Rs 1,000 to Rs 88,000 for buying and Rs 89,000 for selling of 100 pieces.

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- Unknown Updated at: Thursday, September 05, 2013

Market : Indian Rupee May have already seen the worst, forex experts

Market participants and bankers are expecting more sanity in the forex market as they feel that actual impact of last week's unconventional measures by the Reserve Bank of India (RBI) will be felt more in the coming weeks.

The optimism stems from the reduced volatility in the market since the RBI intervention, though the rupee ended the week beginning Tuesday with a loss of 4 paise at 59.35 to the greenback.

"The worst is over for the rupee as volatility has backed off and clear stability is seen in the market... The rupee has not gone beyond 60 to the dollar (since last Tuesday's RBI measures)," treasury head at FirstRand Bank India, Harihar Krishnamoorthy, said.

However, Navin Raghuvanshi, vice president, treasury, at Development Credit Bank, opined that "the recent measures are just the beginning and some more measures are required to stabilises the rupee".

In a drastic step, RBI last week raised short-term borrowing rates, capped the overall borrowing limit from the repo window for banks and announced sale of bonds via the open market operations to stem the rupee rout, which on July 8 had hit a life-time low of 61.21 to the Greenback...

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- Unknown Updated at: Monday, July 22, 2013

Business : Infosys hikes the Salary , so does wipro!

BANGALORE: NR Narayana Murthy has made his first significant move upon returning to Infosys by effecting an unexpected round of wage increases for the company's 1.5 lakh employees. By doing so, analysts said, the Infosys chairman is trying to kill several birds with one stone, displaying tactical finesse that has earned him a reputation as one of India's canniest entrepreneurs.

On Thursday, less than a fortnight after Murthy came back to helm the company, Infosys announced an average increment of 8% for India employees, effective from July 1. For employees outside India, the company said the increments will be 3%, albeit with some riders. The biggest push was reserved for its global sales force which will get a raise of 8% effective May. Wipro, which announced increments in July last year, also sent a note about an hour after the news from Infosys. It said it is giving an average increment of 6-8% for offshore employees and 2-3% for onsite employees, effective from June 2013. For high-performers, the raise will be in double digits. A Wipro spokeswoman said the emailed note was in response to media queries.

"There have been serious issues with employee motivation levels at Infosys. Wipro rolling out wage hikes on the same day shows that it wants to ensure the company doesn't lose employees to Infosys," said Pradeep Mukerji, president and managing partner at outsourcing advisory firm Avasant. Infosys's populist move — a certain vote-winner among staff — could raise morale, enhance Murthy's stock of goodwill and send out a message to all stakeholders and rivals that the Infosys co-founder is back and means business. "By announcing wage hikes, Infosys wants to calm down anxiety among its employees and stabilize things within the organization. It is a smart move; however, we do not expect more bold moves from Murthy," said Manish Bahl, country manager at Forrester Research. "He will be focused on getting things aligned, talking to clients and creating expertise on the product innovation side."

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Our Analysis

That is a great news after a long for the industry as the trend is supposed to be continued over to other giants and it will be a good time to do so. Again, thanks to the spike of USD in the international market, this has enabled the IT companies to have a better command over the financial situations.

Again, this might be a tactical move as the infosys share has not been doing great at the market and was easily brought down by leaders like TCS - so this move should keep the employees on their share and strike back to the market at right time.

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- Unknown Updated at: Friday, June 14, 2013