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India gold buying resurfaces as prices steady near 2-wk low
India gold buying resurfaced on Wednesday afternoon as prices steadied near their lowest level in two weeks offsetting a weaker rupee even as the wedding season drew to a close in the world's largest consumer of the yellow metal, dealers said.
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Protectionism threatens cross-border Asia M&A in 2011
Rising protectionism could kill off some multi-billion-dollar international takeovers this year, bankers say, noting that governments are increasingly keen to protect their national icons.
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Incremental
Hyundai has a reputation for making great small cars which have found overwhelming favour among the masses. The Santro was Hyundai’s first offering in the small car segment.
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Baby bimmer
A peek through our buyers’ guide pages will reveal cars with prices ranging from Rs 1 lakh to past Rs 1 crore. That there is something in there for every budget shows just how much the Indian automobile market has grown.
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Dont tell my mother
Dont tell my mother
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Hit the road Jack
Bajaj cruisers have always been a little difficult to judge. They certainly look the part, but have always shared their engine with the flagship model of the range, which is a sportbike.
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Mahindra launches Reva-i in Pune
Mahindra has announced that the Revai electric car will be available at four dealerships in Pune. The Revai offers a boost mode for better acceleration and power, and a hill restraint function to help deal with slopes better.
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Oil exploration
The government is scared of raising diesel prices to full where they would achieve parity with petrol prices at the very least. And on that simple to grasp concept rests the sales success of diesel cars in India.
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Status quo
At risk of stating the painfully obvious, the City just doesn’t have an answer to the Vento TDI’s running costs or, for that matter, value-for- money. But that isn’t the question we’re asking here. Our question is slightly more complicated: which is the best C-segment sedan in the country?
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Resurgence
Alto is Suzuki’s best-selling name plate, the car that has raked in the most volumes for the Japanese manufacturer. But it wasn’t until 2005 that it became India’s best-selling name plate.
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Star cast
the Corolla has been pretty popular among the white collared folk and the Altis is no different. It is refined, comfortable and also reasonably priced. The biggest factor is the Toyota badge here signifying dependability.
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Honda Twister is IMOTY
Honda CB Twister was voted this year’s Indian Motorcycle Of The Year (IMOTY). IMOTY is the country’s most coveted award for motorcycles, decided jointly by a jury comprising senior journalists from India’s best automobile magazines.
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Figo is the ICOTY
The Ford Figo has been voted this year’s Indian Car Of The Year (ICOTY). The ICOTY is the country’s most coveted award for cars. It is decided jointly by a jury comprising senior journalists from India’s best automobile magazines.
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Monsters Inc
Am I the only one who thinks there’s something wrong with this picture? Three and a half crore rupees – that’s the first giveaway. Like really, when will you ever see three-and-a-halfcrore worth of heavy metal trundling down a tractor-trail? Then there’s the muck.
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Wanderlust
In the 1980s when the glamour of the Paris-Dakar Rally was in full swing, Yamaha’s Super Ténéré was the bike to have.
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Time traveller
Jesus Christ walked the earth 2000 years ago, according to the Bible. The Roman Empire stretched far and wide, and Ben Hur was still in a toga probably. That was the time the art in the Ajanta and Ellora caves was created.
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City to city
Honda cars have always been aspirational in our country. Given their reliability, refinement and fantastic manners, Indians have always aspired to the City, Accord and CR-V. But now there’s a German invasion underway and Honda needs to fortify its bastion, particularly that of its bread-and-butter City.
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Sporty tourers
The past two and a half years that I’ve been working with OVERDRIVE I hardly remember a boring day except for the bedridden fortnight after my crash last year – the worst fifteen days of my life as I couldn’t ride.
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Quad Squad
Himalayan Motorsport, well-known for organising the Raid De Himalaya recently organised the ‘Quadrush 2010’ at the Kikar Lodge Resort and Spa near Ropar, Punjab. Organised in association with Adventure Wheels – who import and sell ATVs in North India, the event was the country’s first ever ATV event approved by the FMSCI.
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The X1 finally arrives
German manufacturer BMW launched its new compact SUV, the X1 today. The X1 will be available in three variants but does not feature BMW’s xDrive four wheel drive system. The X1 instead features a rear wheel drive system known as sDrive to keep costs in check.
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Starting grid
After qualifying in the intermediate Stunner class in the fourth round, I was looking forward to the fifth round of the Sidvin National Motorcycle Racing Championship. And with the championship taking a two month break before the final round, I started working out afresh with alarming regularity.
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January issue now out on stands!
This January, OVERDRIVE vrooms into the New Year with a fast, action packed issue that will blow you away. And we’re calling it The Fast Show. Need a reason? Dig in and you will find Indian Formula 1 driver Karun Chandhok trying to choose the best performer in the sub-10 lakh rupees bracket.
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Former AIG employee sues PwC, board over audits
A former employee of American International Group has filed a lawsuit claiming that PricewaterhouseCoopers (PwC) was negligent in its audits of AIG and that the board of the bailed-out insurer failed to pursue a claim against the accountants.
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Sangal Papers share capital reduced to 20%
Sangal Papers share capital has reduced to 20% as per BIFR orders.
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Rangarajan sees inflation at 6-6.5% by March
There is room for monetary action on the inflation front according to Prime Minister's Economic Advisory Council Chairman C Rangarajan. He expects the figure to be between 6-6.5% by the end of March.
