The new Spark is available in both petrol and LPG options and is costlier by up to Rs 10,000 from the existing comparable versions of the model, which will be discontinued.

Events of the fortnight that you may have missed: Featuring Maruti Suzuki's launch of Maruti Alto 800, fresh troubles facing Kingfisher Airlines, Suzlon's Tulsi Tanti deals with FCCB trouble and more.

Maruti Suzuki Alto has also been a runaway success, thanks to its unique price positioning and reliability coupled with cost of maintenance. Now, Maruti has raised the bar with its new model, the Alto 800.

Priced between Rs 5.74 lakh and Rs 5.99 lakh (ex-showroom, Delhi), Honda on Thursday launched the automatic transmission version of its small car Brio.

After monopolising the top spot in the BT 500 ranking for nine years, Mukesh Ambani's RIL had to make way for TCS this year. This is not surprising, given the challenges RIL has had to face across its businesses, new and old, in recent years. Full coverage: India's top 500 companies

With the launch of new version of Alto, Maruti is trying to thwart rivals attempts at eroding its market share in the entry-level segment in the run-up to the festive season.

Maruti Suzuki, India's top car manufacturer, is eyeing a 10 per cent sales growth in the second half of the current fiscal, backed by the refurbished design of its best-selling model Alto and festive season sales.

Maruti Suzuki India has launched its new Alto in petrol and CNG options, priced between Rs 2.44 lakh to Rs 3.56 lakh. The new variants promise an average of at least 22.74 kilometres per litre.

Ford India has launched a new variant of its popular small car Figo and in effect stop production of the old Figo. The new variants are priced at Rs 3,84,999 (petrol) and Rs 4,81,999 (diesel), ex-showroom Delhi.

State-owned oil companies have virtually stopped producing premium or branded petrol and diesel, as sales have plunged due to huge differential in rates when compared with non-branded or ordinary fuel.

State-owned oil companies on Saturday said there is no ban on issuing new subsidised cooking gas (LPG) connections which will be issued after completion of multiple connection checks.

Prime Minister Manmohan Singh has said the government plans to provide affordable electricity to all households in the next five years.

Petrol will cost Rs 67.90 per litre at Indian Oil Corp's petrol pumps in Delhi with effect from Monday-Tuesday midnight as against Rs 68.46 a litre presently, the company announced on Monday.

For the consumer, subsidised LPG in Delhi will now cost Rs 410.42 per cylinder, up from Rs 399.

Petrol prices may be cut by about Rs 1.60 per litre later in October as appreciation of rupee against the US dollar has helped state firms make profit on the fuel.

Tata Motors cut the prices of its compact car Indica eV2 by Rs 23,000 with the launch of a refreshed version, at a time when other auto makers have either raised their product rates or are mulling to do so.

The economist Prime Minister has made it clear that the government will not 'splurge' on diesel-guzzling SUVs when the country's fiscal deficit is soaring.

Renault India says it will hike price of its new sports utility vehicle Duster by up to Rs 40,000 from October 1 citing increase in raw material costs and instability in foreign exchange.

The last few months of the year typically bring good tidingsfor consumption-driven companies as a rise in demand due to festivals boosts theirbottom lines.

Former finance minister Yashwant Sinha tells Business Today that there is no pain for the government with regards to the recent reform measures, only pain for the people.