Tuesday, September 08
Indian automaker Tata Motors launched a new commercial vehicle, 9-seater Tata Winger Plus at Rs 20.60 lakh ex-showroom price (New Delhi) on Friday.Along with personal USB charging points, individual AC vents and ample leg space, Winger Plus allows real-time vehicle tracking through Tata Motors’ Fleet Edge.Built on a monocoque chassis, the vehicle offers robust safety and stability, while its car-like ride and handling ensure ease of driving and reduce fatigue for drivers, the company said in a release.“The Winger Plus has been thoughtfully engineered to deliver a premium experience for passengers and a compelling value proposition for fleet operators," Anand S, Vice President and Head – Commercial Passenger Vehicle Business, Tata Motors, said."With its superior ride comfort, best-in-
Gross foreign direct investment (FDI) to India remained strong during the May June period. However, net FDI moderated during this period due to higher outward FDI, RBIs monthly bulletin said. Net foreign direct investment (FDI) fell 52% year on year to $1 billion in June, from $2.2 billion same time last year. Gross investments stood at $9.2 billion in June, versus $7 billion in May.The US, Cyprus and Singapore together accounted for more than three-fourths of total FDI inflows. According to experts, FDI inflows are perceived to be a more stable source for India’s foreign exchange reserves compared to portfolio flows.
