Vistara launches flights to Guwahati and Bagdogra
Private carrier Vistara today forayed in North-east skies with the launch of a daily flight service to Guwahati and Bagdogra from the national capital. As of now, the Tata-SIA joint venture full service airline had been operating from five domestic airports, all high-traffic density ones, including its hub Delhi.
Mutual funds near Rs12 lakh cr mark in FY15; add Rs3 lakh cr
Mutual fund (MF) industry’s assets base has surged by nearly Rs3 lakh crore in 2014-15 to become a Rs12 lakh crore market, mainly driven by a smart rally in the equity market.In fact, the MFs’ assets under management (AUM) hit a record Rs12.02 lakh crore in February itself.
Hero Electric launches e-rickshaw ‘Raahii’
Two-wheeler maker Hero Electric on Thursday launched an electric rickshaw ‘Raahii’ priced at Rs1.10 lakh (on road, Delhi).The e-rickshaw, which has been certified by Automotive Research Association of India (ARAI), comes with 1,000 W motor and can cover a distance of 90 kms on a single charge.