Bajaj’s 400 cc bike rolled out by all-women engineers’ assembly
Posted on 19th November 2016 |
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| Bajaj Auto rolled out the first batch of their much awaited super premium 400 cc bike from the Chakan plant on Friday. The first batch of these powerful bikes were rolled out by an all-women engineer assembly line. The motorcycle is slated for a mid-December 2016 launch. What makes the roll-out even more special is the fact that the assembly line, which has produced these powerful bikes is fully managed by women engineers. “This is a milestone event for Bajaj Auto as a manufacturer embracing the best technology as well an organisation committed to gender diversity,” the company said. The new bike model, which is scheduled to be launched around mid-December 2016, is also expected to dominate Indian roads in this segment for the coming decade, Eric Vas, president, (motorcycle business), Bajaj Auto said. “Our new bike will set new benchmarks in its segment. There is already a lot of buzz, anticipation and excitement about the bike and its features, price and name. However, bike enthusiasts will have to wait for some time, till we share details of the new offering during the launch next month,” he said. The company said this bikes comes 15 years after their iconic Pulsar brand which went on to define the sports motorcycle market in India. Pulsar continues to be a market leader in the sports segment for 15 years. |
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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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