Briefly Business

Fiscal metrics weaker than peers: Moody8217;s

mumbai: Moody8217;s has said the India8217;s sovereign rating outlook depends on the depth and extent of current slowdown along with trends in the balance of payment situation,and noted that the country8217;s inflation and fiscal metrics are weaker than its emerging market peers.

Nissan launches diesel variant of Micra

New Delhi: Nissan India on Wednesday launched a new diesel-powered Micra XE variant priced at Rs 5.57 lakh ex-showroom Delhi. With this new diesel entry variant,Nissan has taken the number of Micra variants to 12 in India.

Mamp;M to invest R10K crore on capex

New Delhi: Mamp;M will invest Rs 10,000 crore in the next three years on capex and new products. The company is scouting for locations,including options outside its Chakan unit,to set up its new plant.

Electronics growth: Govt marks 10 areas

New Delhi: The government has identified 10 areas that can contribute to the growth of the electronics sector,a senior official said on Wednesday.

Toyota recalls 3.7 lakh vehicles worldwide

Toyota: Japanese car giant Toyota Motor said on Wednesday it was recalling some 3,70,000 vehicles worldwide over glitches that could cause them to stop mid-journey.

Kawasaki launches 2 new models of Ninja

Mumbai: Kawasaki Motors,which has an assembling,marketing and distribution tie-up with Bajaj Auto,has launched two superbikes Ninja ZX-14R and ZX-10R,priced at Rs 16.90 lakh and Rs 15.70 lakh ex-showroom Pune,respectively.

Infrastructure most problematic in India

New Delhi/Geneva: Infrastructure has been looked upon as the single biggest hindrance for doing business in India followed by corruption and cumbersome bureaucracy,a World Economic Forum report said.