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Business

LIC Pension Plus Plan, minimum guaranteed return – all details

September 2, 2010 Business

The latest news is that Life Insurance Corporation (LIC) said that it is all set to launch a unit linked pension scheme which will offer a minimum guaranteed return of 4.5 percent. The new plan will be called the Pension Plus. LIC Senior Divisional Manager (Delhi Zone) T S Ramakrishnan said that the new scheme [...]

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Renminbi now a part of World Trade Currency

August 27, 2010 Business

Renminbi, the official currency of the People’s Republic of China is now to be used to settle trades. International roadshows have been organised by a number of corporate agencies to promote Renminbi in place of dollars for trade deals with China. HSBC and Standard Chartered are giving discounted transaction fees and financial incentives to companies [...]

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Jeep Grand Cherokee to Undergo Preliminary Investigation

August 27, 2010 Business

The Jeep Grand Cherokee models that were manufactured between 1993 and 2004 underwent a preliminary investigation that was conducted by federal safety investigators from The National Highway Traffic Safety Administration. As a matter of fact, the investigation was launched because of a petition which was filed by a consumer watchdog group. According to federal records, [...]

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Nissan to Refresh its 2012 Model Year

August 27, 2010 Business

It turned out that Nissan has much bigger plans than it was expected from the automaker. We are talking about its mid-cycle refresh for its 2012 model year. It is supposed that changes will be connected with cosmetic bits, also some innovation will be seen in drivetrain as well as chassis. Apart from that Nissan [...]

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Honda Fit Hybrid to Be Unveiled in Europe and the U.S.

August 27, 2010 Business

It is expected that a hybrid version of Honda will be unveiled into showrooms of dealer later this year in the U.S. But despite that Honda Europe has rolled out some information along with official images of upcoming hybrid. Although Honda Jax was revealed today, it is identical in terms of technical aspects but it [...]

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What is Direct Tax code? Effective from April 2010 – all details

August 26, 2010 Business

Taxpayers will have to pay less direct taxes from the next financial year. Under the Direct Tax code, you will have to pay less direct taxes in every slab of income. The Cabinet has cleared the Direct Tax code and will be introduced in Rajya Sabha. It has been referred to the Select Committee and [...]

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Lancer Sportback Ralliart by Mitsubishi Wants to Compete

July 30, 2010 Business

It is obvious that the current Lancer lineup introduced by Mitsubishi is heterogeneous. All Lancer models are absolutely different, namely the Lancer, Lancer Evolution, EVO, Ralliart, and Ralliart Sportback. In this article we’ll talk about the Lancer Ralliart Sportback. This is a five-door wagon, which offers its customers about 47 cubic feet of stowage. After [...]

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Aston Martin DB9 Evolves in 2011

July 30, 2010 Business

It has been announced that Aston Martin’s DB9 will finally get its long-awaited update. A lot of car enthusiasts consider this car to be as much as possible close to perfection, which is possible for any convertible and coupe these days. However, the car’s exterior won’t face any significant changes. After this vehicle appeared in [...]

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Honda Accord Visually and Technically Updated for 2011

July 30, 2010 Business

It is known that Honda usually prefers rather strict model cycles. The company plans to refresh its Accord for 2011 that went on sale as a model of 2008. Both sedan and coupe will face an exterior freshening which will include updated rear lighting, new wheels, and a sharper front fascia design. The grille will [...]

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Porsche 918 Spyder Is Expected to Be Introduced in 2013

July 30, 2010 Business

The 918 Spyder hybrid sports car was approved by supervisory board of Porsche AG. It is a model that is able to soar 100 kilometers an hour in a couple of seconds. It is planned by the car maker to develop the car near Stuttgard, Germany. It has been decided to build the car at [...]

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