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Engg goods exporters pitch for tax sops, simpler rules
Exporters of engineering goods, which contribute over 40 per cent to the country’s total exports, have urged the central government that incremental exports be exempt from tax for three years, with the base year being 2008-09.

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Telangana backlash, govt may mull second SRC
As a political backlash erupted in Andhra Pradesh over the decision to put Telangana on the backburner, the Centre was today said to be considering setting up a States Reorganisation Commission (SRC) amidst pressure mounted by pro-Telangana leaders.

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Telstra applies to re-enter Indian telecom market
Plans majority stake in JV; to offer NLD, ILD, ISP services.
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Civic duty

In my mind - Festive frenzy drives auto sales - Maruti"s Sept sales to jump over 30% - Amtek Auto raises Rs 360cr from FCCBs - Renault-Nissan JV to start commercial production by May 2010 - Fiat, Shell CEOs not to seek re-election to UBS board - Top 5 Japanese carmakers post smaller output falls in Aug Last week, I actually met someone who runs a Honda Civic Hybrid on a regular basis. He bought it by paying the discounted price (roughly Rs 15 lakh, still) when Honda decided to clear out the stock of 200-odd Hybrids that was not moving at the Rs 21 lakh list price. The man in question was looking for a suitable second car and stumbled upon the idea of owning something “truly modern.” So how was the experience? Fuel consumption figures are not what Honda claims, according to the owner. But what really gives him the kick is the fact that he is operating a technological marvel that does not pollute much. “The running costs are really low — especially when I take it on inter-city runs,” he added. According to him, the fit and finish and the paint job is much better than anything locally produced — other Civics included. At the end of the day, I can’t help but say that he did the right thing — the revamped Civic with all options retails at Rs 15 lakh today and is not half as economical as the “fully imported” Hybrid. In my garage Twin-test contenders for an upcoming story in Business Standard Motoring filled up my parking slots this week. The new Nissan X-Trail came first and stunned me with its energetic 150 bhp diesel motor. This is a small engine compared to the older model (2.2-litre) but features the brilliant six-speed gearbox. How good these specs are can be understood only when you compare it to its (slightly less expensive) competition. The Ford Endeavour that I drove home the very next day displaced all of 3000cc to develop 155 horses. That is 1000cc more for a 5 bhp increment! It is another matter that the Endeavour with three rows of seating was loved by most of my friends over the X-Trail, which is a strict five-seater. Read more about how these cars fare in off-road conditions in the November 2009 issue of Business Standard Motoring . Car of the week All set to reward yourself with a brand new Mercedes S-Class, Audi A8 or a BMW 7 Series? Well, your choice just got widened. Rs 1.4 to 2.2 crore can get you the brand new Panamera and the four-door Porsche comes in three trims for India. The Panamera S and the 4S feature the 4.8-litre direct injection petrol good for 400 bhp while the top-of-the-line Turbo develops 500 bhp thanks to two turbochargers. Now start learning how to pronounce “Porsche”! Bike of the week My very own Enfield Thunderclap is back. To those in the dark, this is a one-off modification of a Royal Enfield Thunderbird — made to look and run like a racing British single from the fifties. Kyle, the official BSM spanner-head, tuned the machine, gave it a new carb, new indicators, mirrors and added black racing stripes on the tank. And she is running like a dream — complete with characteristic waste-gate explosions. Cost for the work? “Belated happy birthday,” said Kyle! Well, thank you! Question of the week How much extra money can you spend on a Porsche Panamera by ticking all the options boxes? Well, the figure is over Rs 40 lakh. Powered by: www.bsmotoring.com


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