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NEWS|Business 
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MUMBAI (Reuters) - Tata Motors Ltd on Monday showed off the first variant from its new series of petrol engines, expected to power some of its future cars, as the company looks to capture a returning shift in consumer preference for the fuel.With the government allowing fuel retailers to gradually increase the price of diesel - a popular fuel in India thanks to government subsidies - the gap between the prices of petrol and diesel is narrowing, causing demand to slowly gravitate back towards petrol cars.Tata Motors, which has seen sales plunge this year amid a wider slowdown in the auto market, generates the bulk of its passenger vehicle sales through diesel-powered vehicles."Petrol represents a big opportunity for us. Our play in petrol has been lower than we have in diesel," Ranjit Yadav, president of the company's passenger vehicle business unit, told reporters.The new 1.2 litre turbocharged engine will be used in the company's compact vehicles, some of which are expected to be launched later this year.(Reporting by Aradhana Aravindan; Editing by Anand Basu)

Coca Cola expects India to be in top 5 markets

from PTI

Coca Cola expects India to be in top 5 markets

Coca Cola, the world's largest soft drink maker, today said it won't slow down its USD 5 billion investment plans in India.


Indian IT to build next gen enterprises

from IANS

Indian IT to build next gen enterprises

The resilient Indian IT industry is building next generation enterprises to leverage the emerging opportunities in cloud computing and mobility space worldwide.

The all new Nissan Terrano!

from In.com

The all new Nissan Terrano!

Nissan unveiled a revamped version of its sports utility vehicle- Terrano in Mumbai on Tuesday.

WagonR Stingray launched in India

from IBNLive

WagonR Stingray launched in India

Maruti has launched an upmarket looking Wagon R, called the Stingray (no relevance to Corvette Stingray or any other legendary car with that name plate) in India at Rs 4.09 lakh, ex-Delhi.

The Rolls Royce Wraith rolls into India

from In.com

The Rolls Royce Wraith rolls into India

Luxury automobile makers Rolls Royce launched their latest offering - the Rolls Royce Wraith - in India on Monday

Why is the rupee falling?

from IBNLive

Why is the rupee falling?

To summarise the collective commentary on why the rupee is falling, the immediate triggers are the imposition of capital controls and the hike in import duties on 'non-essentials' like gold and flat screen TVs.

RBI takes steps to curb the volatility of rupee

from IBNLive

RBI takes steps to curb the volatility of rupee

Reserve Bank of India (RBI) on Tuesday announced a slew of measures, including Rs 8,000 crore bond buyback, to ease liquidity and ensure adequate credit flow to the productive sectors of the economy.