2018 Hyundai Elite i20 CVT launched in India at Rs 7.04 lakh: Cheapest automatic in the segment
Posted on 25th May 2018 |
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| Hyundai Indian launched the 2018 Elite i20 during the Auto Expo this in February, with a promise that a CVT would be launched in the coming months as well. And now, the Elite i20 CVT has been launched in the country at a starting price of Rs 7.04 lakh (ex-showroom, Delhi), that makes it the most affordable car with a CVT gearbox in the segment. The CVT option will be available in two variants of the 2018 Elite i20 - Magna and Asta, which is priced at Rs 8.16 lakh (ex-showroom). The new Hyundai i20 has replaced the older 1.4-litre engine with a 1.2-litre unit and hence the slash in the price tag. 2018 Hyundai i20 petrol automatic gets the same 1.2-litre four-cylinder petrol engine which makes 83 hp on the 2018 i20. The automaker promises a convenient drive with the automatic variant, without any gearshift jerks. The new Elite i20 CVT gets all the upgrades we saw in the 2018 i20 facelift, that include the new cascading grille, revised bumper, smoked headlamps. The i20 Asta trim comes with diamond cut alloy wheels. Inside the 2018 Hyundai i20 CVT, there's a new seven-inch touchscreen infotainment system that supports Apple CarPlay and Android Auto, rear armrest, Arkamys premium sound system and more. The i20 automatic gets dual airbags, ABS and EBD as standard on both trims. "India's most loved and awarded, Indian Car of the Year 2015 winner ELITE i20 has been a global success ever since its launch. The CVT option with a 1.2 L Petrol engine coupled with Hi-tech & Convenience features offering uncompromised safety will make driving a brilliant experience,” Hyundai India - Managing Director and CEO, Y K Koo said. “The head turner New 2018 ELITE i20 is the most feature loaded and affordable Premium Compact Segment car with a CVT option. Based on our advanced design philosophy, The New 2018 Elite i20 follows an evolved Premium look, Sporty styling and a strong road presence." |
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Bharti Airtel defers Q2 results till Nov 14 over ambiguity on AGR verdict
Posted on 29th October 2019 |
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Bharti Airtel said on Tuesday it has postponed its second-quarter earnings report to mid-November, as the wireless operator sought clarity on the court ruling asking telecom firms to cough up overdue payments to the government.
Shares of the company, which was expected to release its quarterly numbers later in the day, dropped 3.3 per cent in early trade. |
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Rupee slips 8 paise vs US dollar in early trade amid drop in oil prices
Posted on 7th October 2019 |
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The rupee on Monday opened eight paise lower at 70.96 against the US dollar amid drop in crude oil prices and rise in Asian equities. The domestic unit on Friday closed almost flat at 70.88 against after the Reserve Bank of India (RBI) in a widely expected move cut key interest rates by 0.25 percentage point. On a weekly basis, the local unit slumped by 32 paise. |
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LIC pips private insurers in first-year premium growth during April-August
Posted on 13th September 2019 |
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In the first five months of the current financial year, first-year premiums of life insurance companies grew by 39.84% (year-on-year) at Rs 1.05 lakh crore as compared to Rs 75,588.35 crore in April-August of 2018-19. Life Insurance Corporation of India (LIC) continued to grow at a faster pace compared to private insurance players, shows the data from the Insurance Regulatory and Development Authority of India (Irdai). |
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Apollo Hospitals rules out further stake sale
Posted on 13th September 2019 |
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Apollo Hospitals Enterprise (AHEL) has ruled out further dilution of promoters’ stake in the company. The company also said its Rs 1,337-crore stake sale of Apollo Munich Health Insurance with mortgage major HDFC will be concluded by October. Following these stake sales, the promoters’ pledged position will come down from a high of 76% to 54% by October and eventually to 20% by November or December, company sources said here. |
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World trusts India on Kashmir, not us: Pakistan minister Ijaz Ahmed Shah
Posted on 13th September 2019 |
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In a major embarrassment for Pakistan and its Prime Minister Imran Khan, the country's Interior Minister Ijaz Ahmed Shah, a retired brigadier, said the international community didn't believe Pakistan's narrative on Kashmir; instead it is India whose version is trusted. |
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