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Top 10 business news today: Mumbai tops in terror risk, OROP row, Wipro bags Chelsea deal, Mercedes launches AMG C 63 S, Triumph unveils Tiger bike, more

Fri September 04 2015, 5:35 pm
  • mumbai

    At $8 bn, Mumbai tops in terrorism risks worldwide
    Mumbai has the largest exposure to terrorism at almost $8 billion and the second highest exposure to power outages with $1.92 billion of GDP at risk among the large global cities, says a report. Mumbai has the largest risk with a $47.38 billion worth of exposure and almost one quarter of the city's potential losses are related to pandemic risks, followed by terrorism at 16.77 per cent, market crash at 12.94 per cent and floods at 12.89 per cent, the global insurance major Lloyd's said citing its report 'City Risk Index'. The study presents the first-ever analysis of economic output at risk in 301 major cities from 18 manmade and natural threats over a 10-year period. India's 10 largest urban centres of economic growth have $179.8 billion worth at risk from a series of threats over the next decade. (Reuters)

  • OROP

    OROP row: Veterans accuse Govt of 'shifting goalpost'
    New Delhi, Sep 3 (PTI) The Deadlock over 'One rank, One Pension' (OROP) persisted today with agitating ex-servicemen accusing the government of "constantly shifting goalpost" and "wasting time" even as a fresh round of back-channel talks were held. The veterans also accused the government of not coming out with any "concrete proposal" to resolve the issue. Some sections in the government were also giving misleading figures about financial ramifications in implementing the scheme, they alleged. Asked what would be their reaction if the government unilaterally announces OROP on its own conditions, Col (Retd) Anil Kaul, media adviser to the United Front of Ex-Servicemen, said, "We will not accept it if it is against the agreed definition of OROP". (PTI)

  • chelsea wipro

    Wipro to be Chelsea's centre-forward in its digital game plan
    Wipro said it has been chosen as the official digital and IT partner for Chelsea Football Club. Wipro will support Chelsea FC in its digital transformation journey by bringing together strategy, design and technology, it said in a statement. Chelsea FC, the reigning champions of the English Premier League, has been one of the earliest adopters of digital to engage and differentiate themselves – both as a team and as a club. On Wednesday, Manchester United football club also announced a global partnership with HCL Technologies for undertaking digital initiatives to transform the experience of the former's 659 million followers around the world. (Image Source: Chelsea website)

  • mercedes

    Mercedes rolls out AMG C 63 S priced at Rs 1.3 crore
    Mercedes-Benz launched AMG C 63 S here in the performance car segment priced at Rs 1.3 crore (ex-showroom Delhi). C 63 S is the 10th model launched by Mercedes-Benz in India in the AMG class and is a car with intelligent assistance systems powered by a 4.0-litre V8 bi-turbo engine. The sports car consumes 32 per cent less fuel compared with its predecessors and hurtles to 100 km/ph in four seconds, Mercedes-Benz India said in a statement. Mercedes-Benz India MD & CEO Eberhard Kern said: "The C 63 AMG has been a legendary sports car, and with the launch of the new generation AMG C 63 S, the success story of the Mercedes-AMG brand will be further rooted in India." (Express Photo)

  • triumph bike

    Triumph Motorcycles unveils Tiger 800 XCA at Rs 13.75 lakh
    Triumph Motorcycles today launched its Tiger 800 XCA bike in India priced at Rs 13,75,000 (ex-showroom Delhi), consolidating its presence in the adventure motorcycle category. Triumph Motorcycles India MD Vimal Sumbly said: "For those who like to ride a little more off the beaten path, the new Tiger 800 XCA is the top tier of the Tiger XC family. Adding this variant to our outstanding range of Adventure bikes, we have consolidated in the category in India, taking the ethos of adventure a step further." Having received "an overwhelming response" from the Indian market, the company wants to offer the best to its customers here, he added.

  • rbi

    RBI to issue Rs 5 coin on golden jubilee of 1965 Indo-Pak war
    RBI will shortly put into circulation Rs 5 coins to commemorate golden jubilee of Indo-Pak War 1965. The new coin in the obverse will bear Lion Capital of Ashoka Pillar in the centre with Satyamev Jayate inscribed below it. On the reverse it will bear image of 'Amar Jawan' monument along with the design of olive leaves branch on its left and right sides at the center, with the inscription "veerata aur balidan" in Devnagri script on the left upper periphery and "VALOUR AND SACRIFICE" in English on the right upper periphery. (Reuters)

  • chennai airport

    According to Government, there are 394 unserved and 16 under-served airports in the country. (PTI)


    Twitter launches self-service ads platform for SMBs in India
    Twitter today launched a self-service advertising platform to help small and medium-sized businesses (SMBs) in India to effectively reach their target audiences in 15 languages. Twitter, which has expanded the platform globally to over 200 countries and territories, has one lakh total active advertisers, including SMBs. "Small and medium-sized businesses face the most challenges and are least resourced to promote the good work they do," Twitter SMB lead for Asia Pacific Emily Huo said. (Reuters)

  • ola cabs, ola cabs app, ola cabs rajiv bansal, rajiv bansal, rajiv bansal ola cabs

    Ola tells HC it will not run diesel cabs in city
    Ola cab company today said its diesel taxis will no longer run services within the city limits, after Delhi High Court asked it to show it has complied with its order upholding the city government's ban on app-based diesel vehicles. Ola told the court that in compliance of its order, the company's diesel taxis would be restricted to inter-city travel only from today. It said "the company will not make available on 'Ola technology platform', All India Tourist Permit (AITP) taxis operating on diesel on point-to-point in the national capital territory of Delhi." It also said that necessary software for the same has been developed and installed and has become operational from 10 am today. (Reuters)

  • sachin tendulkar

    Sachin Tendulkar plan to own luxury waterfront villa in Kerala
    Cricket icon Sachin Tendulkar plans to own a luxury waterfront villa in 'God's own country.' The master blaster, who co-owns a soccer team called Kerala Blasters, has shortlisted one of the villas being developed on the bank of a scenic backwater area in Kochi, sources said. "Tendulkar has shortlisted a villa in Panangad in the city. He will be visiting the place to see the 'Blue Waters Villa' on Saturday," an official at the private developer Prime Meridian said. He, however, refused to say whether the Rajya Sabha MP has already booked the villa. (Reuters)

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