Mercedes-Benz launches new CLS; price starts at Rs 84.7 lakh
Posted on 16th November 2018 |
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| German luxury carmaker Mercedes-Benz Friday launched new CLS model with a starting price of Rs 84.70 lakh (ex-showroom, all India). The third generation CLS is powered by a new two-litre BS VI compliant diesel engine with power of 180 kw, the company said in a statement. "With the launch of the new CLS 300 d, Mercedes-Benz continues its offensive with its 12th product launched in 2018," Mercedes-Benz India Vice President (Sales and Marketing) Michael Jopp said. "We have an exciting line-up for 2019 as well and our product innovations will continue in the coming months," he further said. Jopp said the company is confident that the third generation CLS would offer "superior luxury and comfort" to its customers and will continue to delight them. The new CLS has luxury features like Burmester surround sound system, which includes 13 high-performance speakers precisely tailored to the vehicle interiors providing an acoustic experience, the company added. The vehicle is also equipped with smartphone integration, which supports android auto and Apple CarPlay, it added. |
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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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