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