Based on the Tata Nano, the Tata Pixel–at just over three metres in length–is the most package efficient four-seater in the world
Tata Motors said it has presented Tata Pixel, a new city car concept for Europe, at the 81st Geneva Motor Show. Based on the Tata Nano, the Tata Pixel-at just over three metres in length-is the most package efficient four-seater in the world, comfortably accommodating four adults, unlike a typical city car which is either a two-seater or can accommodate two adults and two children only.
The Tata Pixel's ability to manoeuvre and park in the tightest of spaces is made possible by its Zero Turn toroidal traction-drive infinitely variable transmission (IVT), which assists rotation of the outer rear wheel forwards and the inner rear wheel backwards, while the front wheels turn at acute angles. The result is a turning circle radius of just 2.6 metres. The 'scissor' doors rotate upwards from the front to allow passengers to effortlessly enter or exit the Tata Pixel, even in the tightest of spaces.
A forward sweeping roofline, with minimal front and rear overhangs, accentuates the youthful styling. The Tata Pixel is also designed to provide a high level of connectivity. Key functions are controlled by the driver's smart phone, running 'My Tata Connect'--the first integrated human-machine interface (HMI) concept from Tata Motors.
A 1.2 litre three-cylinder turbocharged diesel engine, positioned at the rear of the Tata Pixel, gives lively performance. The engine is a low-friction design, featuring variable coolant and oil pump and rapid warm-up technologies. With optimised aerodynamic drag, low rolling-resistance tyres, stop-start technology, and intelligent battery charging, the Tata Pixel returns European combined cycle (NEDC) fuel economy of 3.4 l/100km and CO2 emissions of just 89g/km.
Tata Mutual Fund new issue closes on 9th March
Tata Mutual Fund has launched Tata Fixed Maturity Plan Series 31-Scheme B, a close-ended income scheme.
The investment objective of the scheme is to generate income and/or capital appreciation by investing in wide range of debt and money market instruments having maturity in line with the maturity of the scheme. The tenor is 368 days.
The new issue closes on 9th March. The minimum investment amount is Rs10,000.
CRISIL Short Term Bond Fund Index is the benchmark index for the scheme. Murthy Nagarajan is the fund manager.
Religare Mutual Fund new issue closes on 15th March
Religare Mutual Fund has launched Religare Capital Protection Oriented Fund-Series I, a close-ended income scheme.
The investment objective of the scheme is to protect capital by investing in high quality fixed income securities and to generate capital appreciation by investing in equity and equity related instruments. The scheme is 'oriented towards protection of capital' and 'not with guaranteed returns'. The tenor of the scheme is three years.
The new issue closes on 15th March. The minimum investment amount is Rs5,000.
CRISIL MIP Blended Fund Index is the benchmark index. Sujoy Kumar Das (for debt investments) and Vetri Subramaniam (for equity investments) are the fund managers of the scheme.