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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)

Net neutrality: Stop Airtel Zero from doing 'hafta vasooli' or it will kill your business

from firstpost

Net neutrality: Stop Airtel Zero from doing 'hafta vasooli' or it will kill your business

Some of you may remember the huge hype around VAS (Value Added Services) startups in India less than a decade years ago - remember SMSing to get your horoscope for the day, or a cricket score update? ...


Chinese hackers target Southeast Asia, India, researchers say

from firstpost

Chinese hackers target Southeast Asia, India, researchers say

Hackers, most likely from China, have been spying on governments and businesses in Southeast Asia and India uninterrupted for a decade, researchers at internet security company FireEye Inc said.In a r...

No sell-off in Coal India for next 6 mnths: Divestment Secy

from moneycontrol

No sell-off in Coal India for next 6 mnths: Divestment Secy

The government will fast track the approval process for divestment in select PSU bluechips, Disinvestment Secretary Aradhana Johri said in an interview to CNBC-TV18 Monday.The government has set a di...

SBI, HDFC rate war is all tokenism; customers are unlikely to benefit hugely

from firstpost

SBI, HDFC rate war is all tokenism; customers are unlikely to benefit hugely

India's top home loan lenders are engaged in a rate war and it is a joke of a rate war.State Bank of India, the country's largest lender, yesterday announced a cut in home loan interest rate by up to ...

Stocks in news: ONGC, L&T, Jet, JSPL, HDFC, SBI, HDIL, GMR

from moneycontrol

Stocks in news: ONGC, L&T, Jet, JSPL, HDFC, SBI, HDIL, GMR

Here are stocks that are in news today:Reliance Industries Commissions 650 KTA PET Resin Plant At DahejWith The Plant Commissioning, Co’s Total PET Capacity Will Increase To 3.2 MMTPAJet Airwa...

Air Pegasus begins commercial operations

from moneycontrol

Air Pegasus begins commercial operations

Air Pegasus, promoted by Decor Aviation Private Limited, today commenced its commercial operation with a daily to and fro flight to Hubballi and Thiruvananthapuram from here."Commercial operation with...

'Net neutrality:India should not let telecos charge more'

from moneycontrol

'Net neutrality:India should not let telecos charge more'

Amid the raging debate over net neutrality in India, a leading daily here has said India's policy makers should not allow telecom companies to charge users extra fees for internet services as such a m...