India will launch a programme to engage more than 11 million children in football-related activities. IMAGE: Former football coach of India Wim Koevermans (left) with an Indian kid. Photograph: AIFF Media. An ambitious project to awaken a sleeping giant of Asian soccer looks like confirming Nobel laureate Amartya Sen's famous remark that India pricks up its ears only when comparisons with China are made. With China embarked on a multi-billion dollar mission to become a soccer superpower by 2050, India looks set to follow suit with its own plan to raise its status in the game to match its burgeoning economic power. Come October, India, most famously described as soccer's sleeping giant by former FIFA president Sepp Blatter, will launch a programme to engage more than 11 million children in soccer-related activities. All India Football Federation (AIFF) officials will not share details of the FIFA-backed programme yet, but according to a government statement, "Mission 11 Million" will be … [Read more...] about How India wants to promote football after PM Modi’s complaint
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Citroen gears up for India entry next year with highly digitised sales process
Set to kick off India journey next year, European auto major Groupe PSA is initially targeting ten cities for Citroen brand through smaller, yet highly digitised showrooms, with an aim to help its dealers to invest judiciously on premises, as per a senior company official. The company, which formally announced to enter the Indian market with Citroen brand early this year, is looking to create a seamless digital experience for prospective customers of its first model -- C5 Aircross SUV."Through our network, we aim to bring in a digital disruption for a seamless customer experience," Citroen India Senior Vice President, Sales & Marketing Roland Bouchara told PTI.Prospective buyers will be able to research and chose model variants, transact for finance and insurance digitally, he added.Close With high digital intervention, the brand aims to have comparatively smaller sales outlets in the country. related news Trai seeks industry's views on unbundled licensing regime in … [Read more...] about Citroen gears up for India entry next year with highly digitised sales process
NSE launches interest rate options on Government of India bonds
The National Stock Exchange of India (NSE) on December 9 launched interest rate options on 10-year Government of India bonds.The first day of launch witnessed the turnover of 5,926 contracts and participation was observed from more than 50 trading members, the media release claimed."By launching interest rate options, we have added one more instrument to the fixed income derivatives asset class. Interest rate options will provide institutional investors the ability to manage risk through a non-linear product that is otherwise not available to them. Market participants can use options to trade and hedge interest rate risk on a transparent platform," said Vikram Limaye, MD & CEO of NSE.Close Interest rate options are based on the underlying Government of India 10-year bonds - the 7.26 percent 2029 bond and the 6.45 percent 2029 bond. related news Aditya Birla Sun Life MF launches PSU Equity Fund JSW Steel share price climbs 2% after growth in crude steel production Va … [Read more...] about NSE launches interest rate options on Government of India bonds
Yamaha India launches BS-VI compliant YZF-R15 Version 3.0, priced from Rs 1.45 lakh
BS-VI compliant R15 Version 3.0 motorcycle in the country at a starting price of Rs 1,45,300 (ex-showroom, Delhi). The price range goes up to Rs 1.47 lakh (ex-showroom, Delhi).It comes as the third BS-VI compliant model from the brand after FZ FI and FZS FI, which were launched last month. The motorcycle comes with side stand engine cut-off switch, dual horn and radial tubeless tyre and dual-channel ABS.The new BS-VI compliant YZF-R15 Version 3.0 will be available in three colour options, which are Racing Blue, Thunder Grey and Darknight. The Racing Blue variant will come with blue coloured wheels.The two-wheeler manufacturer informs that this 155cc motorcycle will be available across India from the third week of December 2019.Commenting on the launch, Motofumi Shitara, Chairman, Yamaha Motor India group of companies, said, "With Yamaha continuing to perk up track performances with the R series, the new YZF-R15 Version 3.0 with BS-VI compliant engine and new features will be able to … [Read more...] about Yamaha India launches BS-VI compliant YZF-R15 Version 3.0, priced from Rs 1.45 lakh
Toyota India launches fast track loan facility for customers
Toyota India on Thursday launched a facility for fast tracking car loans to its customers within 30 minutes of their applying."The new service named 'Tatkal' loan enables our customers to get loan approval in 30 minutes of submitting the application," said the city-based Toyota Motor Corp (TMC) in a statement here.TMC is a joint venture between global auto giant Toyota and the Pune-based Kirloskar Brothers.With the financial arm touted to be a maiden industry initiative, the Toyota Financial Services India will use an automated system for speeding up the loan approval process.Covering up to 85 per cent of a Toyota car's ex-showroom price, the Tatkal loan offer will take into account a customer's bank account and CIBIL credit score.Toyota is extending the loan to any customer owning a house, with the intention to buy the car for personal use, and holding an identity card, bank statement, residence ownership proof and a photograph.Offering the loan service to customers without personally … [Read more...] about Toyota India launches fast track loan facility for customers
Hyundai i20 set for a mid-2020 launch: Here’s what to expect
Hyundai’s i20 premium hatchback has been around for a while and is due for an upgrade. After the launch of the Elite i20 facelift in 2018, the Korean carmaker is expected to unveil the latest i20 at the upcoming Auto Expo, followed by a launch in mid-2020.The car was recently spotted under testing in a heavy camouflage, which reveals some of its updates. It gets a brand new set of dual-tone alloy wheels, split LED tail lamps and a number plate fixed in the rear bumper. It also gets a wide cascading grille in the front, flanked by halogen projector headlamps.Hyundai is expected to update the i20’s interiors with a fully digital driver’s display, along with a touchscreen infotainment system. A new steering wheel, BlueLink connected car technology with phone app connectivity, automatic climate control, cruise control, a wireless phone charger and an auto-dimming internal rear-view mirror (IRVM) may also be in the works. Higher trim levels could also get a … [Read more...] about Hyundai i20 set for a mid-2020 launch: Here’s what to expect