Tata Sumo Gold range will be available from Rs5.23 lakh onwards (ex-showroom, Pune)
Tata Motors has launched the all new Tata Sumo Gold, the most powerful SUV in its category, which will redefine the market with its sheer power & reliability.
The vehicle includes CR4 Turbo-BS4 engine. This 2956cc determined powerhouse delivers an output of 85Ps @ 3000rpm and a torque of 250Nm @ 1000 to 2000rpm. The engine delivers 14.7 kmpl mileage.
The new Tata Sumo Gold is being launched in 4 variants-GX, EX, LX & CX-along with a warranty of 3 years or 1,00,000 km, whichever is earlier. The Tata Sumo Gold range will be available from Rs5.23 lakh onwards (ex-showroom, Pune).
In the late afternoon, Tata Motors was trading at Rs182.50 per share on the Bombay Stock Exchange, 1.19% down from the previous close.
“IIP for September is bad, but I do see a pick-up by the end of March. We had originally expected overall IIP at 7% for the fiscal, but now it could be 6%,” C Rangarajan, chairman of the Prime Minister's Economic Advisory Council, told reporters today
New Delhi: Prime Minister’s economic advisory panel chief C Rangarajan has described the dip in factory output in September as ‘disappointing’ and said industry may grow by just 6% in the current fiscal, as against the earlier projection of 7%, reports PTI.
“IIP (Index of Industrial Production) for September is bad, but I do see a pick-up by the end of March. We had originally expected overall IIP at 7% for the fiscal, but now it could be 6%,” Mr Rangarajan, chairman of the Prime Minister's Economic Advisory Council (PMEAC), told PTI today.
IIP slipped to a two-year low of 1.9% during September, mainly on account of poor performance of the manufacturing and mining sectors.
“The IIP numbers are disappointing. It is well below our expectation,” he said, adding, “...to some extent, the decline is contributed by negative growth in the mining sector.”
Mining output declined by 5.6% in September this year, as against a growth of 4.3% in the same month last year.
During the first half of 2011-12, mining output dipped by 1%, as against a growth of 7.2% a year ago.
IIP growth during the April-September period moderated to 5% from 8.2% in the corresponding period last fiscal.
The government, Mr Rangarajan said, “should ensure that the fall in coal production is corrected and also investment in infrastructure, especially, roads, rail and power.”
Investors can tune into NDTV Profit every week-day and answer two simple questions
NDTV Profit and Hero MotoCorp launch ‘A Search for India’s Stock Market Hero’. The contest has begun on Tuesday, November 8, on NDTV Profit and it gives an opportunity to every stock market enthusiast to win Rs50,000 every two hours and up to Rs2 lakhs every day for the next three months.
Investors can tune into NDTV Profit every week-day and answer two simple questions: ‘Which stock which will gain the most in the next 2 hours’ and another question related to the programme on-air. These will be seen on the channel across four time bands from 8:00am to 3:30pm.
Speaking on the channel’s new offering, Vikram Chandra, group CEO, NDTV, said “We have always believed in creating exciting formats to keep our viewers engaged. This is not just any regular stock market game. It’s a contest of both skill and knowledge. And it will help investors get a deeper understanding of financial markets”
Anil Dua, senior vice president (marketing and sales), HeroMotoCorp, said “The new ‘Hero’ has arisen and is all poised to carry forward its rich legacy, setting new benchmarks with record performance and cutting-edge products. It is this spirit of “Hum Mein Hai Hero” which reflects in all our brand associations.”