Volvo V90 Cross Country launched in India at a price of Rs 60 lakh Posted on 12th July 2017 |
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| Volvo Cars has introduced the V90 Cross Country, a station wagon based on the S90 sedan in India at a price of Rs 60 lakh, ex-showroom. Like the S90 and the XC90, the V90 Cross Country will also be underpinned by the company's SPA (Scalable Platform Architecture) platform. The station wagon would carry forward the Thor's Hammer LED headlamp setup with DRLs (Daytime Running Lamps) from the S90 and is also offered with vertically positioned LED tail lamps, 20-inch alloy wheels, skid plates at both ends, redesigned bumpers as well as Aluminium brushed roof rails. Inside the Volvo V90 Cross Country, the most prominent change when compared to the S90 sedan is the replacement of faux wood inserts with silver. That said, the 12.3-inch touchscreen infotainment unit which also supports control for air conditioning, as well as entertainment options, has been carried forward from the S90. Steering mounted audio and phone controls are also offered as standard and the Volvo V90 Cross Country is offered only in one variant, D5 Inscription. Powering the Volvo V90 Cross Country is the existing 2.0-litre D5 turbocharged diesel engine. However, for the station wagon, the engine has been retuned which now produces 235 hp of power and 480 Nm of torque. That is 45 hp of power and 80 Nm of torque more than the S90. This retuned engine is mated to an 8-speed automatic transmission. This engine and gearbox combination is also offered with an all-wheel-drive system with different driving modes, Eco, Comfort, Dynamic and Rough Road. In terms of practicality compared to the S90 sedan, the V90 Cross Country has a larger boot volume of 590 litres which can be expanded further to 1,526 litres by folding down the second row of seats. These seats can be folded down using switches in the boot for added convenience. For added convenience, the V90 Cross Country also has electrically adjustable front seats as well as an electrically adjustable lumbar support. Safety features on the Volvo V90 Cross Country include multiple airbags for the occupants, Emergency Brake Assist (EBS), Intelligent Driver Information System (IDIS), Hill Start Assist, Park Pilot Assist and City Safety. Currently, there is no competition for the Volvo V90 Cross Country in India with this body style, however, the Swedish carmaker expects to attract buyers from the sedan as well as the SUV segments. For cars like the Volvo V90 Cross Country, GST or Goods and Services Tax has worked in favour as they have to pay considerably lesser tax. The tax structure before the implementation of GST included Excise Duty, NCCD (National Calamity Contingency Duty), Infra Cess, CST (Central Sales Tax) and VAT (Value Added Tax) wherein VAT varied from one state to the other. This attracted close to 55 percent tax which is now 43 percent hence aiding in the price cuts for cars like the V90 Cross Country. Under GST, the tax on cars is now 28 percent with additional cess of 15 percent for the cars categorised in SUVs. |
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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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