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Popular Articles

Wkly Tech Analysis: Market likely to drift lower
The market as expected drifted lower after giving a downward breakout. It may test further lows before bouncing back.

Kerala CM to be asked to leave Politburo
Kerala Chief Minister VS Achuthanandan will be removed from the CPI(M)’s Politburo on ground of “serious indiscipline.” The Politburo has found him guilty of publicly airing his differences with his bete noire, Kerala unit General Secretary Pinarai Vijayan. VS will be allowed to remain Kerala chief minister by the Central Committee, but a section of the party thinks his days as CM are numbered, as the state unit will try to dislodge him from the post.

News of the day

DIIs net buy Rs 87cr, FIIs net sell Rs 44cr
Domestic institutional investors (DIIs) were net buyers of Rs 86.72 crore (provisional) today, according to data released by BSE.
Corporate

Maruti to launch new family car Eeco at Auto Expo

The car major Maruti Suzuki will launch a new family car "Eeco" with a 1,200cc petrol engine in the under-Rs 4 lakh segment, at the upcoming Auto Expo in the capital. - Volkswagen, Suzuki: Joining forces">Volkswagen, Suzuki: Joining forces - Road petrol - IDBI Bank in pact with Maruti for car loans - Carnation ties-up with Fiat firm for premium car service - Steering through year-end car deals - Maruti Suzuki: No near-term gains The vehicle, which has been specifically designed for the domestic market, will comply with Bharat Stage IV emission norms. The Eeco was under development out for the past three years and developed by the a team of Maruti Suzuki engineers. The Eeco will come with a three-row and two-row seating arrangements with seating capacities of five and seven passengers, respectively. According to industry sources, the car will be under C segment and is likely to be priced below Rs 4 lakh. When contacted, Maruti Suzuki Managing Executive Officer (Engineering) IV Rao said: "The new car represents the growing expertise of our engineers to conceive, design and produce vehicles here. This is also in line with parent Suzuki Corp"s vision of turning India into a global hub for small car research and development." The Auto Expo 2010 begins early next month in the capital.


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