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