England start life afresh without 'trouble child' Pietersen

Kevin-PietersenLondon, Feb 5 : England start life anew without their 'trouble child' Kevin Pietersen who won't be part of the touring side for the forthcoming tour of the Caribbean later this month or the World Twenty20 to be held in Bangladesh in March.

The England and Wales Cricket Board (ECB), in their bid to bring back some discipline in the dressing room in the aftermath of the 0-5 Ashes loss, have decided to leave out the 34-year-old Pietersen, who is the leading run scorer in Tests for England.

Toyota showcases all new Corolla Altis

New-Corolla-AltisGreater Noida, Feb 5 : Toyota showcased the all new Corolla Altis sedan Wednesday, a day before the biennial 12th Auto Expo opens here.

With its smooth contours and aggressive stance, the 11th generation of the new Corolla is a huge improvement over its predecessor which had started to look dated. At the same time, it oozes luxury with highlights like plush leather seats, dual-tone interior, piano black instrument clusters, and keyless entry.

Taking note of the fact that many Corolla vehicles are chauffeur-driven, Toyota has claimed that the rear of the car has the best in class cabin space and even reclining seats.

Honda unveils all new Jazz, Mobilio

Honda-MobilioGreater Noida, Feb 5 : Honda Wednesday unveiled two new models, Mobilio multi-purpose vehicle and an all new Jazz hatchback, a day before the 12th Auto Expo opens here.

The Mobilio which is a multi-purpose vehicle is the third vehicle after Amaze to be based on Honda's popular hatchback Brio's platform. It has three rows of seats and can seat seven people.

It is set to lock horns with the likes of the Maruti Ertiga, Chevrolet Enjoy and Mahindra Xylo and is likely to be priced competitively between Rs. 8 and 10 lakh.

Hyundai India unveils Grand i10-based Xcent sedan

Hyundai India unveils Grand i10-based Xcent sedanThe Indian arm of automobile giant Hyundai on Tuesday unveiled its entry-level sedan Hyundai XCent, which will compete with the likes of Maruti's Suzuki DZire and Honda's Amaze.

B S Seo, Managing Director & CEO of Hyundai Motor India Ltd (HMIL), said that the Hyundai XCent symbolized the company's commitment to offer high standards of quality to its Indian customers.

Income inequality rising in countries like India: IMF

Income inequality rising in countries like India: IMFIncome inequality has been on the rise in most countries, including India, International Monetary Fund (IMF) Managing Director Christine Lagarde said.

Ms Lagarde said that 70 per cent of the world's total population (7 out of every ten people in the world) today lives in countries where financial inequality has increased over the past 30 years.

Jubilant FoodWorks suffers nearly 11% fall in quarterly net

Jubilant FoodWorks suffers nearly 11% fall in quarterly netJubilant FoodWorks Ltd., the operator of widely popular Dominos Pizza and Dunkin' Donuts chains in India, suffered a decline of around 11 per cent in quarterly standalone net profit even as net sales jumped significantly.

The company on Tuesday announced that its standalone net profit slipped 10.9 per cent to Rs 33.59 crore in the three months ended December 31, 2013. Net profit slipped even as the company's net sales jumped from Rs 385.08 crore in the October-December quarter of 2012 to Rs 456.51 crore in the same quarter of 2013.

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