Facebook Pixel Code

Tata Motors launches Safari Storme variant

Auto major Tata Motors on Friday launched a new variant of its SUV Safari Storme

Auto major Tata Motors on Friday launched a new variant of its sports utility vehicle (SUV) Safari Storme in the country, with price starting at Rs 10.86 lakh (ex-showroom, New Delhi). The new edition, Tata Safari Storme Explorer, comes with customised outdoor essentials and a host of technology features, Tata Motors said. The variant comes with a slew of features, including a navigation device, cycle carrier, cargo basket and roof-mounted canopy, it added.

Ashok Leyland launches Neptune engines

Hinduja flagship Ashok Leyland has launched its new Neptune engines ? designed and developed in-house from a clean sheet. The Neptune family of engines has been globally benchmarked for greater fuel efficiency, lower maintenance and longer life, the company said. Neptune engines will range from 160 HP to 380 HP and will be deployed across a range of trucks and buses in a phased manner. ?With Neptune, we are confident of strengthening our position in the medium and heavy commercial vehicle space,? Ashok Leyland MD Vinod K Dasari said.

Pledges on GMR Infra promoter shares rise

The pledges on shares by the promoters of GMR Infrastructure has increased to over 50% of the promoter stake with an additional pledge of 141 million shares, the company said on Friday in a filing to the stock exchanges. GMR Holdings, which holds the promoter stake of 70.30% in the infra company, said the new pledges were created on August 16 in favour of SREI Infrastructure Finance.

Nalco signs FSA with Mahanadi Coalfield

The National Aluminium Company (Nalco)has signed a long-term fuel supply agreement (FSA) with Mahanadi Coalfield (MCL) for supply of 47.16 Lakh MT of coal to Nalco?s Captive Power Plant (CPP) at Angul and 8, 73,324 MT for steam cum power generation plant (SPGP)at Damanjodi in Koraput district. The agreement is for a period of five years from 2013 to 2018. The Nalco director production, SS Mohapatra, and the director (tech/optn) of MCL, AK Tiwari, signed the agreement document on behalf their respective companies on Thursday at MLC corporate head office at Burla in Sambalpur district in Orissa.

NComputing announces new server software

Desktop virtualisation company Ncomputing has announced its vSpace Server software which extends application and desktop virtualization capabilities to Windows Multipoint Server 2012, Windows Server 2012 and Windows 8. The vSpace Server software is a core component of the vSpace Virtualization Platform, a fully integrated, end-to-end solution. The software offers quick and easy scalability to manage large scale deployments.

HC gives Colgate breather in toothpaste fight

A two-judge bench of the Delhi High Court on Friday allowed Colgate to present new material before a single judge in respect of an earlier order, which had refused to restrain Hindustan Unilever (HUL) from broadcasting or publishing advertisements of its new Pepsodent Germicheck Superior Power toothpaste. A bench of Justice S Ravindra Bhat and Justice Najmi Waziri granted Colgate the liberty to file a fresh application before the single judge.

Parsvnath pays R501 cr to RLDA for Delhi rail land

Realty firm Parsvnath Developers on Friday said it has paid R500.86 crore instalment to the Rail Land Development Authority (RLDA) against the 38 acres of rail land that it had bought for R1,651 crore. Parsvnath had bought this land, located at Sarai Rohilla- Kishanganj in the national capital, from RLDA in 2010 through an auction.

200 cos likely to take part in construction exhibition

More than 200 companies including international players like Emirates Steel and Duro Dyne and domestic ones such as Jindal Stainless Steel and Asian Paints are expected to showcase their new products in the the international building and construction event, The Big 5 Construct India 2013, in Mumbai on September 2-4, according to the exhibitor. The event is being jointly organised by trade body Ficci and the ministry of urban development.

Get live Share Market updates, Stock Market Quotes, and the latest India News and business news on Financial Express. Download the Financial Express App for the latest finance news.

First published on: 24-08-2013 at 01:41 IST
Market Data
Market Data
Today’s Most Popular Stories ×