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