Pvt carriers seek part waiver of non-aero airport charges

Private airlines such as IndiGo, GoAir and Jet Airways have asked for part waiver of non-aero airport charges during closure of runway for maintenance. This will allow carriers to save on fixed cost during reduction of flights from these airports.

Pushing boundaries

Tesla Inc chief executive Elon Musk took many risks with the technology in his company’s cars on the way to surpassing Ford Motor’s market value. Now Musk is pushing boundaries in the factory that makes them. Most automakers test a new model’s production line by building vehicles with relatively cheap, prototype tools designed to be scrapped once they deliver doors that fit, body panels with the right shape and dashboards that don’t have gaps or seams.

SC allows NDMC to e-auction Taj Hotel after licence expiry

The Supreme Court on Thursday permitted the New Delhi Municipal Council (NDMC) to e-auction the Taj Hotel on Mansingh Road in the capital following the expiry of the licence granted to the Tata Group to run the hotel.
A bench of Justices PC Ghose and Rohinton Nariman also accepted the NDMC’s plea that Tata Group cannot have the right of refusal in auctioning of the hotel. The bench, however, asked NDMC to grant six months “breathing time” to the company for vacating the hotel in case they lose out in the e-auction.

Nissan slashes Sunny sedan prices by up to Rs 1.99 lakh

Japanese automobile manufacturer Nissan slashed prices of its mid-sized sedan Sunny in India by up to Rs 1.99 lakh, citing better localisation.
Sunny will be now available at a starting price of Rs 6.99 lakh going up to Rs 8.99 lakh (ex-showroom Delhi), Nissan Motor India Pvt Ltd (NMIPL) said in a statement. Under the new prices, petrol variant of Sunny will now cost Rs 6.99 lakh, a cut of Rs 1.01 lakh, while the top-end automatic transmission variant is tagged at Rs 8.99 lakh, a reduction of Rs 1.99 lakh.

NTL targets tier 2 cities for LED lights

Noida-headquartered NTL Electronics India Ltd, which in 2012, teamed up with Lemnis Lighting of the Netherlands to develop and market sustainable LED lighting solutions for the end consumers, is extremely bullish about the growth of the LED lighting business in India. NTL Lemnis currently sells its products under the ‘Pharox’ brand. Indian LED Lighting market, according to NTL Lemnis, is growing at a rapid pace with a CAGR of around 42-45 per cent and is expected to reach Rs 17,400 crore in 2019-20 from the current level of Rs. 9,900 crore, said Arun Gupta, managing director, NTL Group.

Quaker brings new Breakfast Mix

Quaker India organised a ‘Breakfast Table’ with celebrity chef and PepsiCo nutrition brand ambassador Vikas Khanna in New Delhi. Quaker Nutri Foods recreated idli, dosa, upma and khichdi with a healthy oats twist.
According to the company, oatmeal is a simple and an inexpensive choice that one can make a significance difference in your health. Oats are known for its source of soluble and insoluble fibre. For over 130 years Quaker oats is leading the oatmeal segment.

Hyundai unveils all new Xcent

India on Thursday launched their sub-4 metre compact sedan Xcent facelift in the country with prices starting at Rs 5.38 lakh (ex-showroom, Delhi).
The all-new Xcent is powered by 1.2-litre petrol engine that is capable of producing a maximum power of 82 bhp of power and 114.Nm of torque. While the Diesel engine is a new 1.2-litre unit, which replaces its earlier 1.1-litre unit, that delivers 74 bhp of power and 190 Nm of torque. The claimed fuel efficiency for the petrol variant is 20.14 kmpl and for Diesel it is 25.4 kmpl.

17 realty projects of 6 builders cancelled

The Yamuna Expressway Industrial Development Authority (YEIDA) has cancelled the building plans of 17 projects of six builders, including Jaypee group. According to sources in the authority, the building plans have been cancelled, as they did not address objections raised by the authority.
YEIDA had approved the layout plan but its planning department had raised certain objections in the building plans of these 17 projects, they added.

STAIRS plans to set up sporting excellence centre

A Delhi-headquartered social organisation STAIRS has lined up an ambitious plan to set up a centre for sporting excellence either in NCR or in Gujarat. The idea is to produce world-class sportsman even from the far-flung areas and offer them sustainable living.
A ten year programme, which will have international coaches, sports doctors and motivators, with the centre of sporting excellence would need a capital outlay of nearly Rs 60 crore and a like-minded partner, said Siddhartha Upadhaya, founder & secretary general, STAIRS.

China EV makers to take on Tesla's Model 3

It's not due to arrive in China until next year, but already Chinese-funded, smart, connected plug-in car start-ups are scrambling to launch cars to go head-to-head against Tesla Inc's "mass market" Model 3 sedan.