Bajaj drives in new Pulsar 150 Neon at Rs 64,998
New Delhi: Bajaj Auto on Thursday launched an upgraded version of its 150 cc bike Pulsar 150 Neon priced at Rs 64,998 (ex-showroom Delhi). The all new Pulsar 150 Neon 2019 collection comes with with a sporty appeal and is for customers looking at a bike with size and performance above the 100-110 cc offerings. “The Pulsar 150 Neon, with its fresh new looks, outstanding road presence and proven performance is set to be the first choice for any customer willing to move beyond a 100/110 cc bike,” Bajaj Auto President (Motorcycles) Eric Vas said in a statement. The bike comes with 14PS of power.
Baleno crosses 5 lakh cumulative sales milestone
New Delhi: India’s largest carmaker Maruti Suzuki Thursday said its premium hatchback Baleno has crossed cumulative sales milestone of 5 lakh within 38 months of its launch. The model, which was launched in October 2015, posted a 20.4 per cent growth in sales in the April-October period this fiscal, the company said. “Our engineers have ensured that Baleno offers superior ride and handling, class leading performance and safety...Baleno has been among the top selling cars in India since 2016,” Maruti Suzuki India Senior Executive Director, Marketing and Sales, RS Kalsi said. The model, exclusively manufactured in India, is the first car from MSI's stable to be exported from India to Japan. Besides domestic market, the model has been receiving overwhelming response in global markets such as Australia, Europe, Latin America and East Asia, the company said.
Sebi cautions public against unregistered advisors
New Delhi: Cautioning investors against exorbitant or assured returns, Sebi Thursday asked public to deal with only registered investment advisers and pay advisory fees through banking channels only. The move comes in the wake of several instances wherein investors got lured by false trading tips. The regulator has asked investors to ensure that the investment adviser has a valid registration certificate, Securities and Exchange Board of India (Sebi) said while issuing do's and don'ts list for public while dealing with investment adviser. Also, it asked people to assess the risk-return profile of the investment as well as the liquidity and safety aspects before making investments. “Pay only advisory fees to your investment adviser. Make payments of advisory fees through banking channels only and maintain duly signed receipts mentioning the details of your payments,” the regulator noted. Besides, it has asked investors not to fall for the promise of exorbitant or assured returns by the investment advisers and “do not let greed overcome rational investment decisions and do not get carried away by luring advertisements or market rumours.” Also, it asked public to avoid doing transactions only on the basis of phone calls or messages from any investment adviser or its representatives. The regulator has asked not to deal with unregistered entities and do not fall for stock tips offered under the pretext of investment advice.
