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Insurance staff oppose move on Bills
The Dharwad division of the Insurance Employees’ Union has opposed the UPA government’s move to take up discussion and passing two bills pertaining to the insurance sector during the winter session of the Parliament that began on November 17.

India to test fly light combat helicopters by month-end
India will shortly test fly the indigenously designed and built Light Combat Helicopter (LCH), which will augment the IAF"s fleet of small and highly manoeuvrable rotary flying machines.

News of the day

Next hearing in Balco arbitration in January
The next date for arbitration hearings on the terms of sale of the government’s residual 49 per cent stake in Bharat Aluminium Company (Balco) to Sterlite Industries is January 31. A three-day hearing by a panel of three retired judges of the Supreme Court concluded today.
Corporate

Maruti Suzuki to launch van to replace Versa

Maruti Suzuki India (MSI), the country"s largest car maker, today said it will launch a new van within this fiscal to replace its MPV Versa, whose production has been stopped. - Racing ahead - Surviving the nightmare - Hatch match - Ashok K Lahiri: Has China moved to the centre?">Ashok K Lahiri: Has China moved to the centre? - Winning hand - Sensex gains 189 points, led by Maruti Suzuki, SAIL "We will be launching a new van by the end of this fiscal. This vehicle will replace Versa, whose production has already been stopped," Maruti Suzuki India Managing Executive Officer (Engineering) I V Rao told reporters on the sidelines of the Fourth Environmentally Friendly Vehicle Conference here. He, however, did not give the price point of the soon-to-be launched vehicle. MSI is also looking to produce one million vehicles by the end of this fiscal. "Hopefully, we will have one million units in production by the end of this financial year by utilising our full capacity," Rao said. He added the company is working on making all its models Bharat Stage-IV compliant as required under the government norms. The company is also working on hybrid and electric vehicles for demo cars, but Rao said it has no plans for a full-fledged launch of vehicles with such alternative fuel technologies.


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