Ford Mustang based electric crossover to be unveiled in 2019: Will replace replace dated Ford cars Posted on 22nd May 2018 |
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| Shortly after pulling the plug on most hatchbacks in the US and Europe, Ford has announced that they have started working on a new crossover that they will be calling the Mach1. The car is scheduled to be unveiled later next year with a production model scheduled for deliveries as early as 2020. According to reports on Autocar UK the car is scheduled to use the C2 platform that will also underpin the new Ford Focus. The model will be internally codenamed the CX340 and is likely to be a front wheel drive conventional hatchback-crossover with a slightly raised driving position. Ford has already announced that some ‘white paper’ models like the CX430 will replace sedans and hatches in its US line-up. Now in terms of design, we could expect the CX430 to take cues from the Mustang in terms of design drawing on the best attribute of a modern crossover design. Putting high amounts of practicality in a good looking car, Fords focus will be on factors like high ride height, space and versatility Shortly after pulling the plug on most hatchbacks in the US and Europe, Ford has announced that they have started working on a new crossover that they will be calling the Mach1. The car is scheduled to be unveiled later next year with a production model scheduled for deliveries as early as 2020. According to reports on Autocar UK the car is scheduled to use the C2 platform that will also underpin the new Ford Focus. The model will be internally codenamed the CX340 and is likely to be a front wheel drive conventional hatchback-crossover with a slightly raised driving position. Ford has already announced that some ‘white paper’ models like the CX430 will replace sedans and hatches in its US line-up. Now in terms of design, we could expect the CX430 to take cues from the Mustang in terms of design drawing on the best attribute of a modern crossover design. Putting high amounts of practicality in a good looking car, Fords focus will be on factors like high ride height, space and versatility Interestingly this bears quite a contrast in the context of the Indian market where Ford has joined hands with Mahindra to build two SUVs as well as electrify the Ford Figo Aspire. With electric technology coming from Mahindra and Ford giving Mahindra the benefit of their deep understanding of SUVs. |
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Bharti Airtel defers Q2 results till Nov 14 over ambiguity on AGR verdict Posted on 29th October 2019 |
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Bharti Airtel said on Tuesday it has postponed its second-quarter earnings report to mid-November, as the wireless operator sought clarity on the court ruling asking telecom firms to cough up overdue payments to the government.
Shares of the company, which was expected to release its quarterly numbers later in the day, dropped 3.3 per cent in early trade. |
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Rupee slips 8 paise vs US dollar in early trade amid drop in oil prices Posted on 7th October 2019 |
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The rupee on Monday opened eight paise lower at 70.96 against the US dollar amid drop in crude oil prices and rise in Asian equities. The domestic unit on Friday closed almost flat at 70.88 against after the Reserve Bank of India (RBI) in a widely expected move cut key interest rates by 0.25 percentage point. On a weekly basis, the local unit slumped by 32 paise. |
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LIC pips private insurers in first-year premium growth during April-August Posted on 13th September 2019 |
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In the first five months of the current financial year, first-year premiums of life insurance companies grew by 39.84% (year-on-year) at Rs 1.05 lakh crore as compared to Rs 75,588.35 crore in April-August of 2018-19. Life Insurance Corporation of India (LIC) continued to grow at a faster pace compared to private insurance players, shows the data from the Insurance Regulatory and Development Authority of India (Irdai). |
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Apollo Hospitals rules out further stake sale Posted on 13th September 2019 |
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Apollo Hospitals Enterprise (AHEL) has ruled out further dilution of promoters’ stake in the company. The company also said its Rs 1,337-crore stake sale of Apollo Munich Health Insurance with mortgage major HDFC will be concluded by October. Following these stake sales, the promoters’ pledged position will come down from a high of 76% to 54% by October and eventually to 20% by November or December, company sources said here. |
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World trusts India on Kashmir, not us: Pakistan minister Ijaz Ahmed Shah Posted on 13th September 2019 |
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In a major embarrassment for Pakistan and its Prime Minister Imran Khan, the country's Interior Minister Ijaz Ahmed Shah, a retired brigadier, said the international community didn't believe Pakistan's narrative on Kashmir; instead it is India whose version is trusted. |
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