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From the toughest to the best year M & M unveils driverless technology for tractors Yamaha unveils scooter boutique The gainers and the losers He excels in the nuts and bolts of entrepreneurship Back in growth mode PSU non-life firms seek to protect share Hyundai to focus on SUVs and AMT variants TVS Srichakra plans capacity expansion The unexpected exit ITC chairman calls for policy impetus to transform agriculture Sivasankaran enters taxi space to take on Uber and Ola Increasing market share Bajaj Finserv – Q1: fare well Tata Steel, ThyssenKrupp sign MoU to merge European units Land wars Tata Motors bets on new launches Mercedes-Benz sales continue to zoom Nissan exit shouldn’t affect ALL RoC in the dock... L&T bags the Mumbai Trans-harbour link order Solar installations exceed 2015 capacity in five months Housing demand revival 29 per cent jump in TCS revenues PPP model for infrastructure development It takes two to tango Smooth sailing of SAIL Sundram Fasteners rejigs international Record two-wheeler sales Hindalco – re-rating Titan Company – sales recovery to kick in ITC – steep excise hike Welcome focus to improve rural India... HPCL plans Rs.61,000 crore capex over 5-years V-Guard launches app-enabled water heater system Preparing for the next growth curve Chinese smart phones flourish in small towns too! Dish TV – subscriber additions encouraging Daimler’s truck exports from Chennai cross 5000 units AL introduces Guru & Partner New India Assurance posts impressive show Tata Motors joins compact SUV bandwagon with Nexon Singur minus Nano – victory or folly? LVB posts 31 per cent growth in Q1 net profit Kone India eyes further growth in elevator market Is this a generation gap? Gamesa to set up a plant in Nellore AL wins Deming prize again L&T profit up by 11 per cent A welcome initiative-even critics are recognised Wabco launches safety system Forging industry worried over lower supply of steel and its price Smartphone onslaught by Chinese brands Shriram Life clocks more than Rs.1000 crore premium in 2015-16 TI Cycles plans retail expansion to drive sales for premium bicycles Tata Motors charts investments in PV and CV businesses Toyota and Suzuki to introduce EVs in India by 2020 Rane targets Rs.5500 crore topline by 2018-19 E.I.D Parry (India) Ltd: another sweet year Aurobindo Pharmacy: good turnaround Carnival Films acquiring 3000 screens pan India AL secures orders for 3600 buses Are they really independent? L & T set bigger ambitions in defence business L & T’s floating dock for navy Daimler grows sales and share in India Ode to Ratan Tata Last stages Eyes strong growth in 2016-17 Maruti – for young buyers A niche in FMCG business... Emami – a new growth mantra Right to privacy – now it’s fundamental! CAPITAL NOTES Michelin to double Chennai capacity Tata Motors aims to be among the Top 3 global CV & PV firm Tata gets 4-star rating for Zest When small is not so beautiful… Consolidating leadership position in smartphones Vellayan is back, after 150 days Ponni Sugars (Erode) Ltd: not so sweet 2012-13 TN government keen on revival of operations at Nokia complex TVS Automobile invests Rs.75 crore in start-up firms Hyundai India achieves 7 mn production at Chennai factory IOB on turnaround path
 
Maruti – for young buyers

Maruti Suzuki has launched a new age car Ignis to lure young car buyers by offering an attractive price range.  The petrol version is priced between Rs.4.59 lakh and Rs.6.69 lakh, while the diesel variants start from Rs.6.39 lakh and goes up to Rs.7.80 lakh. 

The company, along with its suppliers, has invested over Rs.950 crore towards development of Ignis, which comes with 98.5 per cent localisation.

Ignis comes with dual airbags, seatbelts with pre-tensioner force limiter (PTFL) and ABS with EBD as standard fitments. It is reported as compliant for pedestrian safety, side-impact and offset crash regulations ahead of regulation timeline.

Positioned in the category of vehicles such as KUV100 (which sells about 2000 units a month) and GRAND i10 (sells about 12,000 units a month), Ignis comes with a mileage promise of about 21 km/litre.

Analysts expect the Ignis to clock 6000-8000 units per month initially. 

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