Tata Motors launches Tata Indigo e-CS VX

Tata Indigo e-CS VX is priced at Rs5,80,339 lakh (ex-showroom Delhi), for the CR4 diesel engine and the Tata Indigo e-CS GVX is priced at Rs4,97,727 lakh (ex-showroom Delhi), for the MPFi petrol engine

Tata Motors today launched the Tata Indigo e-CS VX, the most fuel-efficient sedan in the country, with a mileage of 25 kmpl, certified by the Automotive Research Association of India (ARAI). With a host of other exciting features in the car, the Tata Indigo e-CS VX is a new trim in the Tata Indigo e-CS range.

It sports the all new CR4 Common Rail Diesel engine that has a displacement of 1396 cc delivering 70 PS @ 4000 RPM. With a higher torque of 140 NM at a lower 1800-3000 RPM, improvements in gear ratios, clutch-to-start and reduction in the weight of the car by around 10kg, the Tata Indigo e-CS VX ensures better pickup.

The Tata Indigo e-CS VX is also available with the MPFi petrol engine. Both these engines are compliant with BS4 emission norms. This mileage of 25 kmpl in the CR4 Common Rail Diesel engine is hinged on five technological advancements.

The interiors have been enriched with dual-tone beige seating and dashboard, premium wood-finish centre console, new instrument cluster with chrome rings and rear centre armrest for enhanced comfort. The plushness is enhanced with keyless entry, ABS, Bluetooth connectivity and electrical controls for ORVMs, besides carrying forward the comfortable AC, power steering and power windows.

The car comes with a warranty of 18 months and unlimited kilometres, for private usage. The Tata Indigo e-CS VX is priced at Rs5,80,339 lakh (ex-showroom Delhi), for the CR4 diesel engine and the Tata Indigo e-CS GVX is priced at Rs4,97,727 lakh (ex-showroom Delhi), for the MPFi petrol engine.

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IndusInd Bank launches ‘FastForex’–Forex trading platform

FastForex online system automates rate quotation and executes low value, low risk transactions which facilitates dealers to concentrate on deals

IndusInd Bank announces the launch of FastForex-Forex trading platform, which assists its corporate customers to know the forex prices on a real-time basis. This platform enables the Bank's corporate customers to reach the FX Treasury via Internet and a standard web browser, which in turn, helps the treasury to price, execute, confirm and manage FX transactions with the customers seamlessly.

This online system automates rate quotation and executes low value, low risk transactions which facilitates dealers to concentrate on deals. With the implementation of FastForex, corporates do not have to key in at the dealing room or the back office; suitable deal input validations can now be performed by the system at the client level. The possibilities of errors in entering details at multiple places reduce considerably, since the deals now flow in directly from FastForex to the front office system.

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ICICI Pru MF unveils Capital Protection Oriented Fund-Series V-60 Months

ICICI Pru MF new issue closes on 15th September

ICICI Prudential Mutual Fund has launched ICICI Prudential Capital Protection Oriented Fund-Series V-60 Months, a close-ended income scheme.

The investment objective of the scheme is to protect capital by investing a portion of the portfolio in good quality debt securities & money market instruments and also to provide capital appreciation by investing the balance in equity and equity related securities. The tenure of the scheme is 1,850 days.

The new issue closes on 15th September. The minimum investment amount is Rs5,000.

CRISIL MIP Blended Index is the benchmark index. Chaitanya Pande (debt portion) and Mrinal Singh (equity portion) are the fund managers.

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