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