Mercedes unveils sportscar AMG C43, priced at Rs 74.35 lakh
Posted on 14th December 2016 |
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| German luxury car maker Mercedes- Benz today launched a new sportscar AMG C43 in India priced at Rs 74.35 lakh (ex-showroom, Delhi). It complements the C-Class range by another sports build of Mercedes-AMG origin, the company said in a statement. Mercedes-Benz India Vice President, Sales and Marketing, Michael Jopp said: "The introduction of the AMG C43 follows our successful product strategy, which emphasises on gradually building up the 'AMG 43' portfolio in India." With this sportscar, the company now extends the AMG brand promise of 'Driving Performance' and the typical AMG character traits, to an even broader target group, he added. "The Mercedes-AMG C43 is the 6th car launched in India this year without a predecessor. This further underscores our strategy of continuously innovating and indulging our patrons with world-class products and services," Jopp said. The car features a 3 Litre V6 Bi-turbo petrol engine that churns out 367 hp and is capable of accelerating from 0-100 kmph in just 4.7 seconds, the company said. |
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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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