New Delhi, Nov 2: Honda Cars India on Monday said it has launched special edition trims of Amaze and WR-V models amid the ongoing festive season.
Based on top-grade VX in both diesel and petrol, these ‘Exclusive Editions’ offer an enhanced premium package, Honda Cars India said in a statement.
The manual petrol version of the Amaze Exclusive Edition has been priced at Rs 7.96 lakh while the CVT trim is tagged at Rs 8.79 lakh. Similarly, the diesel manual version is priced at Rs 9.26 lakh while the CVT trim is tagged at Rs 9.99 lakh (all prices ex-showroom Delhi).
The company has also launched WR-V Exclusive Edition with both petrol and diesel trims. The manual petrol variant is priced at Rs 9.7 lakh while the diesel trim is tagged at Rs 10.99 lakh.
“During this festive season, our focus has been to enrich our models with a distinct premium package which will appeal to our discerning buyers,” Honda Cars India Senior Vice President and Director (Marketing and Sales) Rajesh Goel said.
The new editions of Amaze and WR-V are based on top-grade VX and aim to offer enhanced look with added features, he added. (PTI)
Honda launches special editions of Amaze, WR-V
Ducati India launches new Multistrada 950 S at Rs 15.49 lakh
NEW DELHI, Nov 2: Italian superbike maker Ducati on Monday said it has launched an all-new version of Multistrada 950 S in India priced at Rs 15.49 lakh (ex-showroom India).
The new Ducati Multistrada 950, which comes with a 937-cc engine, takes things to the next level with a series of improvements, designed to make it safer and even more enjoyable, the company said in a statement.
“The Multistrada family has gained immense popularity in India considering the growing popularity of long-distance touring and our idea behind the new Multistrada 950 S is to make Sports touring more accessible, allowing riders to explore the beautiful terrain that India has to offer,” Ducati India Managing Director Bipul Chandra said.
The electronics package in the model now includes cornering ABS, traction control, vehicle hold control (VHC) and the iconic semi-active skyhook suspension, which continuously adjusts fork and shock absorber, the company said. (PTI)
BMW drives in X3 M SAV in India priced at Rs 99.9 lakh
New Delhi, Nov 2: German luxury carmaker BMW on Monday said it has launched mid-sized sports activity vehicle (SAV) X3 M in India priced at Rs 99.9 lakh (ex-showroom).
The model is designed to offer standout performance characteristics, personified with squarely geared features to meet the functional requirements of a high-performance car, the automaker said in a statement.
The BMW X3 M comes as a completely built-up unit (CBU), it added.
“The introduction of a high-performance mid-size SAV will further strengthen our presence in the segment & entice new driving experiences,” BMW Group India President Vikram Pawah said.
Uniqueness of the first-ever BMW X3 M lies in a newly developed powerful engine and sophisticated chassis technology, he added.
“This vehicle, to the very last detail, offers a unique combination of luxury and sporting dynamics, providing an exciting, safe and novel driving experience to our customers. The new SAV is equipped with world-class features, evidently distinguishing it from others in the segment,” Pawah noted.
The model comes with a six-cylinder petrol engine which generates maximum output of 480 hp and goes from 0-100 km/h in 4.2 seconds, with a top speed of 250 km/h, the company said. (PTI)
Bajaj Auto reports 11 pc jump in Oct sales at 512,038 units
New Delhi, Nov 2: Bajaj Auto Ltd on Monday reported an 11 per cent increase in its total vehicle sales at 512,038 units in October.
The company had sold a total of 463,208 units in the same month last year, Bajaj Auto said in a regulatory filing.
Domestic sales stood at 281,160 units last month, as against 278,776 units in October last year, up 1 per cent, it added.
Motorcycle sales grew by 18 per cent at 470,290 units, compared to 398,913 units in the year-ago month, its highest ever sales. Bajaj Auto said during October, Pulsar brand recorded sales of over 170,000 units.
Commercial vehicle sales stood at 41,746 units, as against 64,295 in the corresponding month last year, a decline of 35 per cent, the company said.
Total vehicle exports in October were at 230,878 units, as compared to 184,432 units in the same month a year ago, up 25 per cent, Bajaj Auto said. (PTI)
Ashok Leyland sales up 1 pc in October at 9,989 units
New Delhi, Nov 2: Hinduja flagship firm Ashok Leyland on Monday reported 1 per cent increase in total commercial vehicle sales at 9,989 units in October.
The company had sold 9,862 units in the same month last year, Ashok Leyland said in a regulatory filing.
Domestic sales declined 2 per cent to 8,885 units as against 9,079 units in October 2019, it added.
Total heavy and medium commercial vehicle sales were down 11 per cent at 4,588 units as compared to 5,131 units in the year-ago month, the company said.
Light commercial vehicles sales were, however, up by 14 per cent at 5,401 units as compared to 4,731 units in October last year, the filing added. (PTI)
Former HDFC Bank CEO Aditya Puri to join PE major Carlyle as senior advisor
Mumbai, Nov 2: Aditya Puri will be guiding global Carlyle on investment opportunities across Asia as a senior advisor, the global private equity major said on Monday.
The announcement has come within a week of Puri’s retirement from HDFC Bank as the chief executive and managing director.
Puri is widely credited for building HDFC Bank from scratch and making it the largest in the private sector space and the most valuable one.
Puri will advise the Carlyle team on investment opportunities across Asia and provide guidance on the evolving market landscape and new investment opportunities, Carlyle said in a statement.
He will also be advising Carlyle’s investment professionals and portfolio management teams on building differentiated high quality businesses, it said.
Carlyle’s financial sector lead for Asia and managing director Sunil Kaul said he has known Puri since his Citibank days.
“To have someone of his stature join Carlyle as a senior advisor will add significant value to our capabilities across the region, not only in financial services, but across sectors given Puri’s unparalleled experience in the business world,” Kaul said.
Carlyle’s investments in India include SBI Cards. It had recently announced investments in Ajay Piramal’s pharmaceutical business and also a stake in Bharti Airtel’s datacentre arm.
“I am very impressed with Carlyle’s track record in a number of key industry sectors, including its leadership position in financial services, not just in India but across Asia,” Puri was quoted as saying in the statement.
Carlyle Asia’s Managing Director and Chairman X D Yang said the PE major will be leveraging Puri’s “deep expertise and relationships” to source new investment opportunities and to help the its portfolio companies build better businesses. (PTI)
Mahindra auto sector sells 44,359 vehicles in October
Mumbai, Nov 2: Mahindra & Mahindra has reported a decline of 14.52 pc in its total auto sale for the month of October 2020 at 44,359 vehicles, compared to 51,896 in October 2019.
In the Utility Vehicles segment, Mahindra sold 18,317 vehicles in October 2020, compared to 17,785 vehicles in October 2019, registering a growth of 3 pc.
The Passenger vehicle segment (which includes UVs, Cars and Vans) sold 18,622 vehicles in October 2020, a marginal growth over same period last year.
Exports for the month of October 2020 decline by 25 per cent to 2,021 vehicle as compared with 2703 vehicle sold in October 2019.
Commenting on the Passenger Vehicles performance, Veejay Nakra, Chief Executive Officer, Automotive Division, M&M Ltd. said, “We are happy to achieve a growth of 4per cent in Utility Vehicles, despite certain supply constraints. Our brands Scorpio, Bolero and XUV 300 continue to do well, while the bookings for the All-New Thar has set new records within just a month of its launch. For Mahindra, the festive season has started on a positive note with deliveries and bookings being higher than last year. Going forward, this augurs well for a robust festive demand which in turn will help the industry in the short term.”
Elaborating further on Pick-Ups and Commercial Vehicles performance, Mr Nakra said, “We are witnessing a strong demand for our Bolero Pik Up, Supro and Jeeto and have recently launched our BS6 version of the Alfa 3-wheeler, both load and passenger. We are aligning our supply chain and ramping up to meet this demand.” (UNI)
Bajaj Auto Oct 2020 sale grew by 11 pc to 512,038 units
Mumbai, Nov 2: Auto major, Bajaj Auto has reported a rise of 11 per cent in its total sales for the month of October 2020 at 512,038 units as against 463,208 units in October 2019.
The company clocked its highest ever exports sales of 230,878 units during October 2020, 25 pc higher than 184,432 units in October 2019.
The company has sold 470,290 units of motorcycles during October 2020, as compared to 398,913 in October 2019, an increase of 18 pc. This was highest ever sales and Pulsar brand recorded highest ever sale of over 170,000 units.
Exports of motorcycles was 29 pc higher at 201,659 in October 2020, as against 156,397 in October 2019. Whereas, the domestic sales of motorcycles increased 11 pc to 268,631 units in October 2020 as compared to 242,516 units in October 2019. The exports sales was the highest ever till date.
Commercial Vehicles sales dropped 44 pc to 36455 units in October 2020, as compared to 65305 in October 2019. Exports of Commercial Vehicles was at 27224 units in October 2020, as against 27152 in October 2019. Domestic sales of Commercial Vehicles dropped 76 pc in October 2020 to 9231 units as compared to 38153 units in October 2019.
(UNI)
Ashok Leyland Oct 2020 sale marginally up by one pc to 9989 units
Mumbai, Nov 2: Commercial Vechile major, Ashok Leyland has reported 1 pc increase in sales during October 2020 at 9989 units as against 9862 units in October 2019.
Domestic sales was 2 pc lower in October 2020 at 8885 units as compared to 9079 units in October 2019, company release said. LCV sales was up 14 pc at 5401 units in October 2020 as against 4731 units in October 2019. Domestic LCV sales increased 1 pc YoY to 5004 units during October 2020, as compared to 4509 units in October 2019. M&HCV sales dropped 11 pc to 4588 units in October 2020, as against 5131 units in October 2019. M&HCV bus sales was down 65 pc to 567 units in October 2020 as compared to 1600 units in October 2019. M&HCV Trucks sales was up 14 pc at 4021 units, as against 3531 units in October 2019. Domestic M&HCV sales was down 15 pc at 3881 units, as compared to 4570 units in October 2019. Domestic sales of M&HCV trucks was up 13 pc to 3762 units as against 3340 units in October 2019. The domestic sales of M&HCV Bus dropped 90 pc to 119 units in October 2020, as compared to 1230 units in October 2019. (UNI)
But, who are the dacoits?
Shiban Khaibri
The people of Jammu and Kashmir would like to know all about those ”dacoits” who snatched “our flag” as complained recently by the former Chief Minister of the erstwhile state of Jammu and Kashmir and the President of People’s Democratic Party (PDP) Mehbooba Mufti. Who were those dacoits, their composition, the manner of barging into the place where “our flag” was kept and how they “snatched” it and more importantly, what they were going to do with that. Common sense with the dacoits as well as those who feel robbed point to the uses and gains of such snatching indulged in by any type of dacoits , be they Highwaymen, robbers, bandits, raiders, muggers and the like. Of what use shall the snatched ”our flag” be to the said dacoits, is the moot question.
Before this new find of Mehbooba Ji was going to be further elaborated and dissected, can there be any other state in the country where most of its political leaders would dish out contradictory statements, offensive and sectarian statements, divisive and anti national statements and even laughable ones and keep on changing stances from time to time as we unfortunately have been witnessing since Pakistan invaded the then state of Jammu and Kashmir treacherously by sending unbridled herds of its regulars disguised as Qabayalies in October 1947. Inconsistency and unpredictability coupled with dissonances have been galore on the political canvas of this part of the country, confusing the people and making easy and virtually a cake walk for our belligerent neighbour afflicted with religious frenzy to create mischief, troubles and violence in Jammu and Kashmir. Exploiting religious feelings, sowing seeds of doubts and fears, feigning some sort of special identity to be always under danger and other such tantrums from the political ”Rehnumas” have been the bane of the troubles troubling this troubled constituent of the country. Using uncouth, inflammatory , inciting and derogatory remarks by political leaders who having served the Parliament as its members and having held covetous political and administrative posts smacks of there being much more behind than meets the ordinary eye.
Let us define and decipher the ” dacoits” referred to by the Kashmiri leader. They are perhaps the Members of the Parliament whom the countrymen, under a proper and duly adopted constitution elect to make laws, amend laws, annul laws and rule the country. Since it is the Parliamentary form of Government that rules the country , the majority political party always rules but the participation of the opposition members is no less important as they are the watch and ward persons of the Government criticising, suggesting , proposing and even rejecting certain decisions of the government which again is what the constitution enshrines and enjoins upon them but the majority vote always prevails. Second most important aspect is that a government is a continuous entity which cannot stop or cease to function even for a minute denoting it to be a regular entity irrespective of which party was in power. Hence, a Parliament which chose to appoint Late Mufti Mohammed Sayeed as its Home Minister is the same Parliament which decided about one flag, one constitution and one set of laws for Jammu and Kashmir also . How can they be called as ”dacoits”?
It is the same constitution , same type of government dictated by the provisions of the constitution which gave Rs.80000 crore as massive developmental package to Jammu and Kashmir for opening of IIT, IIM and AIIMs and developing Highways , power generation, irrigation projects, drinking water, and for reviving those projects which for decades were lying defunct and shelved due to sheer incompetence and mismanagement of ”various hues” and absence of accountability and transparency. Special public outreach programmes – we saw for the first time – to know about the progress of these projects. Dacoits cannot do it , obviously not . Public outreach programmes comprise taking on an average more than 50 central schemes to all the people of Jammu and Kashmir. The tragedy is that the then State Governments from 2014 to 2018, spent only 37% of the whooping package of Rs.80000 crore , dacoits did not tell them to go so slow. Now, let a bit of calculations , very brief, be made in a spirit of business like to see how the “dacoits” behaved just during the past 16 years irrespective of whichever Government at the centre .
Despite having only 1% of the country’s population, Jammu and Kashmir (state) received 10 percent of all Central grants given to states during 2000- 2016 while a state like Uttar Pradesh with 13 percent of the country’s population received only 8.2 percent of such grants. Let stark facts be put before the public, in other words it means each and every person in Jammu and Kashmir received as much as Rs.92000 during the period as against just Rs.4300 per person in Utter Pradesh. CAG report of 2014 and 2015 in respect of Jammu and Kashmir finances, where it mentions about “serious financial irregularities” and pendency of inspection ”reports” and observations cannot be brushed aside or put under the carpet. How was “our flag” going to respond to all this is very important.
Moreover, why should Jammu and Kashmir have a separate flag? What benefits were reaped by a common Kashmiri or a Jammuite or a Ladakhi with “our flag” that with its departure, each one of the residents has been put to some grave disadvantage ? What is the logic behind having two flags, once it is principally agreed that Jammu and Kashmir was also an integral part of India just like Uttar Pradesh, West Bengal or Punjab etc, and why should there be two constitutions unless it is a constant and perpetual reminder of ”things being conditional, optional and negotiable” which by the accession were settled on Oct 26, 1947 for ever. The plea that in 1947 “we took the decision based on what was promised to us and which was now snatched” smacked of nothing but keeping the pot of Kashmir boiling that it was unsettled or partially settled or as is frequently argued to be yet ”finally ” decided ”taking all stakeholders on board”.
Again, linking Jammu and Kashmir going with India in 1947 in which was instrumental its rightful Ruler Maharaja Hari Singh , no mention is there or any condition of special provision or incorporating a provision in the constitution which ”guaranteed” though on purely and neatly on temporary basis, an Article about conferring special status on Jammu and Kashmir. Why are such distortions even now spread and what was the purpose behind it ? Going down the memory lane, it was seven years after the accession , say in 1954 when this article bearing the status of “Temporary and Transitional ” was drafted by virtue of which Jammu and Kashmir was allowed to have its own flag, own constitution and autonomy over internal administration. However, how long can a provision , a temporary arrangement and a transitional understanding be deemed to last ? The simple answer could be 10 years , at best ten more , say 20 years and what rationale is there in urging for its continuance beyond 70 years unless extraneous considerations were weighing very high . The argument that the Constituent Assembly of Jammu and Kashmir alone was authorised for recommending for its abrogation is as misleading as is taking the refuge under that condition since the Constituent Assembly was dissolved intentionally without keeping a due date notified for its abrogation and accordingly proceeded further in the matter.
Sheer common sense and discretion demand a limit to temporariness and no inelasticity so far as transitoriness were concerned . Some line had to be drawn by someone governing the country and a decision taken to bid farewell to this special status, via- annulment of Article 370. Leadership of both the NC and the PDP now keep on invoking the constitution of India and the “promises made with us” fearing that the greatest ”power” in their hands whilst in power and even outside – that of milking and cornering New Delhi , if not blackmailing it , had gone for ever. Things appear more difficult to them as there being no apparent or obscure mass support to the created hullabaloo by these leaders from any of the three regions of the erstwhile state , frustration and anger were reminiscent in their provocative rhetoric.
Attempts to drill waves of fears and doubts in the people are frantically made so that a new movement or a new shape to the virtual defunct Hurriyat ”Tehreek” got sprouted. May these leaders feel that the people of Jammu and Kashmir , especially in the valley, are sick , fatigued and fed up with the three decades long violence, spilling of innocents’ blood, hounding and ousting the entire ethic community – the indigenous inhabitants of Kashmir – the Kashmiri Pandits whose fate continues to be perilously hanging in the balance, loss of precious lives , business and property and now want to taste a long period of peace, tranquillity and development , please do not rake up issues of inconsequence and which are outdated and stale. Enough is very enough , now, much water flown down the Veth (Jehlum) cannot be put in reverse gear . That is simply impossible.
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