Hold Lupin; target of Rs 1050: Sharekhan

Lupin Limited (Lupin) reported a 7.9% decline in its total sales (including operating income) to Rs. 3, 952 crore (lower than our expectation of Rs. 4, 167 crore) for 2QFY2018. Operating profit declined by 17% to Rs. 853.1 crore (marginally lower than our expectation of Rs. 865 crore) and adjusted profit declined by 31.2% to Rs. 455.1 crore (above our expectation of Rs. 425 crore). Performance for the quarter was mainly impacted by the 31.9% decline in U.S. revenue due to increased competition in gGlumetza and gFortamet and increasing pricing pressure due to consolidation of players in the U.S.

 

Outlook

 

Nevertheless, potential resolution of Goa and Indore plant inspection in the near term along with key upcoming launches could help drive growth from FY2019/FY2020E. Further, price correction of over 25% in the past six months mostly factors the weak FY2018 and other nearterm negatives. Hence, given the reasonable valuation of 15.8x FY2020E earnings, we do not expect material downside from current levels. Hence, we upgrade our rating to Hold and revise our target price (TP) to Rs. 1, 050 (valuing the stock at 16x FY2020E earnings).

Source: MoneyControl

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Ford Figo Price (GST Rates), Images, Mileage, Colours

Ford Figo Price in India

 

After tasting success with the first Figo, Ford has introduced the new-generation Figo. This is a fresh design, sporty, powerful and at the same time more powerful too. The Figo is known for its space, value for money and fuel efficiency. These characteristics are retained on the new-gen as well. The new Figo now shares its platform with the new Figo Aspire. This is made available with three engine options and six trim levels, giving buyer a lot of opportunity to pick and choose the variant.  The Figo is manufactured at Ford’s new Sanand facility and it has been Made in India to meet our market needs and even to export to other car markets

 

EXTERIOR AND DESIGN

 

The first generation Ford Figo had some quirky styling cues that were appealing to many but not so special to some. The new Figo though comes across as a fresh and complete looking hatchback. There are many appealing bits such as the huge and stylish front grille and swept back headlamps along with a smart bonnet bulge, these obviously remind one of Aston Martin. The side profile gets a strong shoulder line and blackened B-pillar for a sporty appearance but the simple alloy wheel design makes it look a tad old.

 

Shiny diamond-cut alloys on the range topping variants with bigger tyres would have worked well on the Figo. Having said that, the Figo’s rear gets a neatly designed tailgate, beefy bumper and smart looking crystal clear tail lamps. The well proportioned overall profile of the new Figo along with the tasteful styling attracts some attention. The new model draws a lot of attention on the road as it’s fresh currently, seeing a ton of interest from other Ford car owners.

 

INTERIOR AND CABIN

 

The Figo always had a good reputation of being one of the spacious hatches in its segment and most of the consumers quite frankly prefer a spacious cabin which easily can accommodates five persons while the dash should have a fair amount of gadgets and accessories which could come in handy.

 

Nothing much is actually different inside in the hatch than the compact sedan which was launched here previously. The cabin looks young and sporty while the black dashboard with the silver accents surely looks gorgeous. The Figo has an impressive wheelbase of 2491 mm which actually has helped in create generous amount legroom and knee room for the passengers seating at the rear bench.

 

There are number of interesting features as well available on the higher trims of the hatch which includes automatic climate control system which can actually bring the temperature inside the cabin to below 25 degree Celsius in less than 15 minutes. It also gets the MyFord Dock system as well which can actually help in storing mounting and charging mobile phones, MP3 players, it also has got a satellite navigation system which helps in integrating this system with the cars entertainment screen.

 

Ford for the first time is also offering the Ford MyKey technology which actually allows the owners to programme the Figo’s restricted riving mode which actually includes increasing seats belt use and limiting the overall top speed of the vehicle and even regulating the audio volume of the car.

 

ENGINE AND GEARBOX

 

As mentioned, the Ford Figo will be available with three engine-gearbox combinations. There’s a 1.2 petrol with a five-speed manual, a 1.5 diesel with a five-speed manual and a 1.5 petrol with a six-speed dual-clutch automatic.

The dual-clutch auto version first. This one’s 1.5-litre petrol engine makes the most of its twin cams and variable valve timing architecture to produce a healthy 110.5bhp. The power figure makes the Figo automatic the most powerful of the mass market auto hatches in India. In town, the engine’s good bottom end responses help this version of the Figo build speed smartly. However, in slow-moving city traffic, you can feel the clutch engage, so shifts aren’t super smooth. But once on the go, the gearbox settles into its rhythm and responds well enough to changes in throttle position. It’s not lightning fast as the VW Polo’s twin-clutch unit, but it gets the job done.

 

At light loads, the gearbox will upshift at about 2,200rpm, but drive hard and it will hold to about 6,300rpm before shifting to the next ratio. Unfortunately, the gearbox’s Sport mode won’t let you hold gear beyond 6,300rpm (at which point the engine sounds thrashy) either, but does well to downshift and keep revs right in the heart of the powerband. Those driving on hilly roads will particularly like the engine braking effect of Sport mode. Drivers also have the option to shift gears manually in Sport, but only via the small ‘+/-’ buttons on the gear lever; there’s no traditional tiptronic function or paddle shifters on the steering. The gearbox is responsive to manual inputs, so you will find yourself making use of the buttons when conditions permit.

Performance on the whole is good. The dash from 0 to 100kph takes just 11.1 seconds – the VW Polo GT TSI does it in 11.02 seconds – and in-gear timings are decent as well.

 

But good as the auto Figo is, it’s the diesel that really impresses us. The engine is the latest version of Ford’s 1.5 diesel you’d find under the hood of the pricier refreshed EcoSport and Aspire, but the good news is that it’s not been dulled down for use in the cheaper hatch.That means power is a solid 98.9bhp! Couple that with a body that weighs all of 1,041kg and you are guaranteed excellent performance. 100kph comes up in 10.5 seconds, which makes the Figo diesel quicker than all the mass segment diesel hatchbacks, bar none.

 

Real-world performance also feels better than lower-powered rivals from the moment you set off. Responses are good right from idle, with a gentle surge speeding things up at about 1,600rpm. Thereon, there’s an even spread of power right till 4,000rpm. The engine’s not quick revving per se, but remains responsive throughout, even in fifth gear. The diesel engine also runs relatively quiet, though you can feel a buzz on the steering. Also worth mentioning is that gearshifts on the Ford IB5 gearbox are a touch notchy and aren’t suited to quick shifts. Driving in town, we also noted the diesel car’s clutch to be well weighted if springy in action.

 

RIDE AND HANDLING

 

The suspension set-up in the Ford Figo 2017 is well balanced and offers a good riding experience by making the occupants comfortable. The Ford Figo 2017 is based on the new B572 platform and this has well tuned for Indian road conditions. Ford have increased the ground clearance of this car to 174mm. Handling is one of the best you will find and the car rides very well over potholes, though you can feel a few ones. If you have driven a Ford earlier, you will find a typicality in handling, which is precise. The steering is light for city condition as and weighs up well at higher speeds. The Ford Figo 2017 remains planted under hard cornering and the brakes compliment its overall handling. High speed stability is also impressive.

 

BRAKING AND SAFETY

 

Braking duties are performed by disc brakes in front and drum brakes at rear. On the safety front, Figo hatchback gets a number of equipments such as six airbags, anti-lock-braking system with electronic brakeforce distribution, among the prominent ones. Besides the aforementioned safety features, the hatchback also feature engine immobilizer and driver seatbelt reminder. Some features are exclusive to automatic version like electronic stability control; traction control and hill start assist.

 

CONCLUSSION

 

Although this update is a bit late to join the party, the new Figo ticks all the right boxes in terms of features, engine and gearbox options as well as ride and handling. To add as icing to the cake, it has been priced extremely well too. And for those who worry about after sales, Ford has reduced its service call times as low as 48 hours. Wish there was some more shoulder room for passengers at the back. But as a product, the new 2015 Ford Figo repeats what its predecessor managed to achieve and that itself is quite commmendabl

Ford Figo Ex Showroom Price in New Delhi ranges from 4,73,000/- (Figo 1.2P Base MT) to  7,62,000/- (Figo 1.5P Titanium AT) .Ford Figo has 13 Variants of Petrol are available in India. Ford Figo comes in 7 colours, namely Deep Impact Blue,Smoke Grey,Ingot Silver,Tuxedo Black,Sparkling Gold,Oxford White,Ruby Red.

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TOYOTA ETIOS Reviews, Price, Specifications, Mileage

Toyota Etios Price in India

 

Just as Mercedes-Benz is synonymous with luxury and BMW with sportiness, Toyota has established itself as a byword for quality and reliability. For years the Japanese automaker has churned out a range of well put together cars. Get behind the wheel of one and straightaway you’d be under an impression that it’s a thing that will probably last forever.

 

Oddly enough, it’s the knack of endlessly producing functional and reliable products that makes Toyotas of today (except for the utterly brilliant GT-86) rather dull and soulless appliances. Take the Etios for instance. On sale in the Indian market since 2010, the car has come under heavy criticism for its uninspiring design and low-rent interior. So when we heard that Toyota was bringing out a facelifted version, our first thoughts leapt to visions of a refreshing new Etios that is far more impressive to look at and sit in, compared to the earlier model.  

 

EXTERIORS AND DESIGN

 

The Toyota Etios seems to derive certain cues from the Corolla though it has been designed suitably for the desired price range. The first look however is somewhat underwhelming. The car lacks curves, sleek shaping of bonnet etc.

 

At the front, the head lights on the wide front bumper and the chrome lined Toyota emblem give the confidence of Toyota brand. However, the head light size seems on the large size, and though positioned well, it certainly feels that it could have been improved much. The positioning of the windshield is in par with aerodynamics and adds to the aesthetics of the front portion. Black radiator grill and fog lamp add to a good impression of the car.

 

Toyota has used a good quality of body panels which is indicated by the sturdy feel of the front fender, front door, rear door and quarter panel.The rear side of the Etios is decent and has been covered with big tail lamps, and a somewhat lumpy dickey. The car from the back somehow reminds of the Mahindra Logan.

 

INTERIORS AND SPACE

 

The Etios diesel’s interiors are unchanged from the petrol sibling and you get the same airy and spacious cabin. The front and rear seats are both big and wide, offering excellent back and thigh support. There is plenty of leg and headroom around as well. Since the Etios is almost as wide as a Camry, sitting three abreast at the rear is quite a comfy affair. And making life easy for the middle passenger is the flat floor and well designed backrest. However, what these seats lack is good lateral support and passengers do slide around a bit on the flat and firm surfaces if you corner hard.

 

There are no proper headrests in the rear and no central armrest either. However, the spacious seats, the perfect backrest angle and the ‘hip’ point translate into a comfortable sitting posture. It’s not just passenger space that’s class-leading. Storage space is phenomenal too. Apart from the massive cooled glovebox, there are lots of useful cubbyholes, generous door pockets and seven bottle-holders! To top it off the Etios has a 595-litre boot which can easily swallow the luggage of five passengers on a long holiday.

The quirky dashboard design  does take some getting used to, but once you get accustomed to the new layout, the change is actually quite welcome. Surprisingly, for all the chopping and changing, the functionality of the cabin is brilliant. The chunky steering with its dimpled finish feels terrific and the white semi-circular speedo and tachometer are quite distinctive, especially when lit up at night.

 

However, there are plenty of low-rent bits as well. The dashboard plastics don’t have a quality feel, the air-con controls look like they have been lifted from an old Maruti, and the cable-type headlamp height adjuster looks tacky. Then, the carpets are very basic and the sun visors look cheap too. Why Toyota has painted many bits in lipstick red is anybody’s guess. It looks too loud and is at odds with the conservative nature of this car.

 

ENGINE AND TRANSMISSION

 

Now it is time for the engines. First is the 1.2-litre petrol, which will be the most selling engine today as the fuel prices have seen a major dip and petrol has seen a major jump in demand. The engine is quiet and this engine produces about 80bhp of power. Most of the power is available at higher revs, so you need to downshift for an overtake, especially while driving on an highway. Most of the drivers prefer relaxed type of driving then this engine will perfectly suit this requirement. The power produced by the engine is sufficient for city driving and it even returns a decent figure of 12 km per litre in city driving and with highway, the mixed figure is close to 14 km/litre. The five-speed transmission is smooth and has short throws.

 

The diesel engine of the Etios Liva is a gem. This is a 1.4-litre engine that churns out 67bhp of power. Let us not go by the numbers, once you get behind the wheel you realise how good this engine is. Be in almost any gear, the engine pulls without any hesitation. This is what Toyota’s are known for, and this diesel engine has the typical Toyota characteristics, which makes the Japanese auto giant one the best sellers in the world. The oil burner is a bit noisy, however it is highly fuel-efficient too. In city, the Etios Liva returns about 16km/l with ease, while on the highway, the figure is between 19-22km/l depending on your driving condition.

 

RIDE AND HANDLING

 

The ride quality on the Toyota Etios is very good but the suspension is stiffly sprung and hence some sharp bumps filter in the cabin. However, the car never loses composure and always remains stable irrespective of road conditions. The steering offers brilliant feels and feels great to operate. The car feels eager to dive into corners but on heavy cornering, the tail slides out due to the rear end of the car being a bit too light. Braking performance is also good and confidence-inspiring.

 

SAFETY

 

The list of safety aspects include dual front SRS airbags, driver seat belt warning light with buzzer , engine immobilizer, keyless entry, headlamp-on warning as well as door ajar notifications that adds to the safety quotient

 

CONCLUSSION

 

There is no doubt that the new Toyotra Liva hatchback definitely has received some worthy upgrades especially if we talk about the safety side. The changes to the exterior have certainly given it a more sporty appeal which definitely will attract much attention, while the refreshed interior too adds a premium touch to the hatchback as well. Although there are no mechanical changes but all those above mentioned changes has made this hatchback worth every penny.

Toyota Etios Ex Showroom Price in New Delhi ranges from 6,65,800/- (Etios G) to  8,60,300/- (Etios VXD) .Toyota Etios has 6 Variants of Petrol are available in India. Toyota Etios comes in 7 colours, namely Vermillion Red,Celestial Black,Harmony Beige,New Pearl White,White,Classic Grey,Symphony Silver.

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Mercedes A-Class | Comprehensive Review

Mercedes Benz A-Class Price in India

 

With the A-Class hatchback, Mercedes-Benz created a new segment for luxury hatchbacks in India. The luxury hatchback targets young professionals and enthusiasts in India. Seeing the positive response for the A-Class, BMW and Volvo too introduce their luxury hatchbacks 1 Series and Volvo V40 respectively. One of the most affordable luxury cars from the German luxury carmaker, the A-Class hatchback flaunts sophisticated yet sporty design and offers class leading performance.

 

EXTERIORS

 

The Mercedes A-Class looks extremely beautiful and the proportions give the car a very balanced and yet a sporty stance. There is something about this hatch that makes you want to keep staring at it, be it from any angle! This is just one of the few cars that manage to look good from all angles. The 2016 A-Class that we are sampling here has similar exteriors as the previous model, but on a closer look you do realise there are quite a few changes. First up, the vehicle gets redesigned bumpers, full LED headlamps, black finish for the grille and a concealed exhaust tip. The A-Class now comes with 16-inch wheels as standard and they are offered in a sporty shade of black. The A-Class also gets Mercedes’ new nomenclature and instead of being called A200 CDI, it is now called A200d. The premium hatchback also gets a new Elbaite Green colour which is a big attention seeker, though it has mixed reactions from people.

 

INTERIORS

 

The cabin section gets a minimalistic changes and yet, it looks very pleasant with a theme of ultra luxury. The color scheme of the cabin has been refined to render a soothing effect to the eyes. This color scheme is complimented by ambient lighting and wood inserts on dashboard and center console. In addition to this, the steering wheel gets a new three-spoke design along with additional control switches. The seats are ergonomically designed and got some improvements with regards to its cushion depth. This will help to offer better comfort to the occupants inside. Both these variants have electrically adjustable driver’s seat with memory function. The dashboard is neatly designed and is equipped with an instrument cluster, which has a number of functions, air conditioning system, music system and an advanced touchscreen infotainment unit. It is also fitted with a three spoke steering wheel, which is mounted with several multi-functional switches for convenience of its driver. Furthermore, there is a provision for incorporating gearshift paddles, which contributes towards desired driving experience. It is wrapped with leather upholstery and decorated with company’s badge in the center. The cabin is done up with extensive use of leather, especially for door panels, seats and dashboard, which gives a captivating look to the interiors. The front doors also have switches for adjusting seats and windows. The instrument cluster has a pair of round shaped meters and a multi-information display, which provides information relating to the vehicle’s speed, fuel consumption, an electronic tripmeter, a digital tachometer, service interval reminder and several other notifications.

 

The manufacturer has made no changes with regards to the comfort features and it retains all the equipments and facilities like its predecessor. Also, both the trims have been retained, but with new name for the diesel version. Its cabin is fitted with a proficient air conditioning system with dust filter, which regulates air temperature and keeps the ambiance pleasant. It also has rear AC vents for cooling the cabin in no time. The cabin is incorporated with a power assisted steering column, which is adjustable for height and length that adds to the convenience. Both variants have been bestowed with power windows (front and rear) featuring one touch control and obstruction sensors. This model series is also incorporated with an advanced instrument cluster that provides informatics like outside temperature, trip computer, fuel consumption, fuel gauge, distance traveled, vehicle speed, gearshift position, tachometer, driver’s seat belt warning and a few other notification lamps for keeping the driver updated. In addition to these, there are features like illuminated glove box compartment, inside rear view mirror with automatic dimming and dual front sun visors with illuminated vanity mirror. Furthermore, the car maker is also offering features like ECO start/stop function, direction indicators with one touch lane change function and folding rear seat back rest. In addition to all these, the car maker is also offering aspects like individual armrest for front passengers with stowage compartment, boot lighting, an additional spare wheel, TIREFIT with tyre-inflation compressor, rear center armrest with cup holder. Beside all these, this model series is also integrated with a reversing camera featuring dynamic guidelines, which provides excellent assistance to the driver while parking.

 

ENGINE AND PERFORMANCE

 

No changes have been made to the mechanicals of the 2016 Mercedes A-Class. It continues to be powered by the familiar 2.1-litre, 4-cylinder diesel engine. The oil burner is tuned to pump out 134 horses and 300 Nm of twisting force. Well, the car potters around at city speeds very comfortably and even though the engine lacks excitement, it does excel beautifully in delivering all the torque in an extremely linear fashion. Put pedal to the metal and the A200d will gallop across 0-100 km/hr in 9.04 seconds according to our extensive VBOX tests. Now, this timing isn’t too quick but it isn’t slow either.

 

Thanks to the linear power delivery, you always have enough power on tap but be sure that the motor will lose some of its steam post hitting the 3500 RPM mark. However, the oil-burner redlines at 4800 RPM. Top speed is claimed to be 210 km/hr. The engine doesn’t really like being revved and it delivers the best output when running in the mid range. The A-Class is good for cruising too, what with 100 km/hr coming up in 7th gear at a notch above 1500 RPM. If you’re giving it the beans, then the A200d hits the ton in 4th gear.

 

The motor is nicely refined but it gets slightly vocal at higher RPMs. The engine is mated to a 7-speed automatic gearbox which is very smooth and quick in its actions. The transmission does get a bit confused sometimes though and when you stomp the throttle while cruising, it does take a couple of seconds to figure out what gear to slot in. In D mode with normal throttle inputs, the engine upshifts at a notch below 2000 RPM while in S mode it goes all the way to the redline before upshifting. There are 3 different modes to choose from – Sport, Eco and Manual. The A-Class also has an Eco Start-Stop function which can be turned off manually while in manual mode you can make use of the steering-mounted paddle shifters.

 

RIDE AND HANDLING

 

It’s very Mercedes-ish to drive, and we mean that in a good way. The Mercedes Benz A-Class feels brilliantly solid and expensive – not bulky, just superbly built and cosseting. You’re isolated from the outside world to an astonishing degree. Road and wind noise are near non-existent, the A-Class hushing along like a far bigger, pricier machine. Bumps are absorbed expertly, miles are devoured with relish: as we say, just like a Merc. If you’re after a lithe, snappy rival to the BMW 1-Series, then, look elsewhere: it’s fun to drive, but in its own way. With multi-link rear suspension and quick, accurate steering, the A-Class is a nicely balanced thing to chuck about, but the front tyres run out of grip quickly and the whole experience is a bit remote.

 

It is very, very quiet though. When we drove the A 200 CDI, a 1.8-litre diesel, we kept bashing it into the rev limiter. Not because the four-cylinder diesel is particularly low-revving, but because it’s so well insulated that you’ve no idea it’s reaching its redline. You’ll be bashing into the red line of the rorty A45 for different reasons…

 

SAFETY FEATURES

 

The A-Class luxury hatchback is equipped with a range of safety and security features including seven airbags, ABS (Anti-Lock Braking System) with EBD (Electronic Brake-Force Distribution) and Brake Assist, EBD (Electronic Brakeforce Distribution), front and rear fog lamps, engine immobilizer, reversing camera, etc.

 

VERDICT

 

The A-Class will open up a niche that hasn’t been present so far in the Indian market – that of the premium hatchback. The most expensive hatchback that has gone on sale in India was the Chevrolet SR-V, and that was too far ahead of its time. The competition has chosen to go the SUV way with the X1 and Q3, which is a more appealing proposition for the Indian consumer, who prefers a “bada gaadi” to a hatchback when it comes to premium offerings. The plant in Rastatt, Germany is running at full capacity – that’s how popular the A-Class is in the markets it is sold. The quality and aura of the three-pointed star will help sell the A-Class in the Indian market, but at Rs 20 lakh onwards, it will remain a niche product.

Mercedes Benz A Class Ex Showroom Price in New Delhi ranges from 28,88,601/- (A Class A180 Sport) to  29,89,614/- (A Class A 200 CDI) .Mercedes Benz A Class has 2 Variants of Petrol are available in India. Mercedes Benz A Class comes in 5 colours, namely Elbait Green,Cirrus White,Cosmos Black,Jupiter Red,Polar Silver.

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New Generation Land Rover Discovery Exclusive Review

Land Rover Discovery Price in India

 

Land Rover is one of the oldest four-wheel drive vehicle manufacturers in the world, developing one of the most capable SUVs that money can buy. The British automaker first launched the Discovery in 1989, which shared underpinnings with the flagship Range Rover. Today the Land Rover Discovery is in its fourth generation and is called the Discovery 4 (LR4 in the US). The Land Rover Discovery has got several awards including the best large SUV in the world. This 7-seater SUV is quite capable and benefits from Land Rover design and technology. It is available in India with a TDV6 diesel engine, making it an formidable alternative in the full sized SUV space.

 

EXTERIORS AND STYLE

 

The Discovery Sport has a lot of similarity in styling to an Evoque. Many onlookers even asked if this is the new Evoque and we realised that in colours like white and silver, one could mistake the Discovery Sport as a Range Rover Evoque. Once, the new model year Evoque makes its way into India, we shall note that there is a major difference between the two. To speak of the styling, it has a sleek front grille with pulled back headlamps and DISCOVERY embossed above the grille stating that this is a part of the Discovery family. Land Rover has discontinued the Freelander2 and this is its replacement. There will three families under the Land Rover brand, Range Rover, Discovery and Defender.

 

The Land Rover Discovery Sport is the newest member of the Discovery family and it is based on a new platform, which will be used for more Discovery products in the near future. The side profile of the Discovery Sport has a sloping roof, a design that is similar to that of new-generation Land Rovers. The Land Rover design DNA has been retained the clamshell bonnet and the floating roof. The Discovery Sport is certainly a looker.

 

INTERIORS AND SPACE

 

Though LR officials said that the new RR Sport has 75 per cent unique parts compared to the current generation Range Rover, the moment I step into the cabin there is a strong air of familiarity. The crisscrossing vertical and horizontal dashboard configuration and the mix of round and rectangular elements is an obvious carry forward from the Range Rover. There is a choice of two tone or three tone leather seats, with adjustments to suit every body type and there is also a range of wood veneers to choose from. The seats are super comfy, with the soft pillow like headrests almost luring me to sit in the car for longer.

 

There is enough and more headroom and legroom in the front two seats and the second row. If you flip the open the third row with its oversized, whiplash protected headrests, it can at best accommodate kids or teenagers. Particularly pleasing additions were the ‘felt’ roof lining, the panoramic sunroof (we were test driving the new Sport during the sunniest days of the year in the UK – a sweltering 32 degrees), the automatic terrain response interface, the Meridian audio and the LCD instrument display that replaces the traditional dials.

 

ENGINE AND PERFORMANCE

 

The Discovery Sport gets the same 2.0-litre turbo petrol and 2.2-litre diesel engines as the Freelander2. The Discovery Sport is lighter than the Freelander2 and hence it has much better performance also. The Freelander2 was based on a Ford-designed EUCD platform, which it even shares it with other Volvos as well. The new-generation Land Rovers are utilising in-house technology and this is helping them to become independent and at the same time even moving away it’s synergies from its previous owner Ford Motor Company.

 

The Discovery Sport’s diesel engine is offered in states of tune, one is 148bhp and the second is 188bhp. These are mated to a nine-speed transmission. We have driven the five-seater 188bhp version. The engine noise is fairly low and the NVH levels are at par with competition. The power that this engine produces is good enough and what we appreciate is the instant response from the engine. There is sufficient power on tap to overtake but no V6 Diesel option on offer that some of the competition offers as well. So if we compare apples to apples the Discovery Sport is at par with  competition.

 

Driving in city or the highway you won’t run out of steam. There is sufficient grunt in the engine and makes it easy to drive. Ideally drive it in D mode, the S mode is when you want to sprint ahead but the difference isn’t anything major. In D the engine is comfortable as it is mostly in its power band and this is sufficient to drive.

 

RIDE AND HANDLING

 

Through its stability control systems, the Land Rover Discovery limits itself to a fairly sensible pace on the Alpine Hill Route. The car’s challenges here are not just that it is tall and heavy, but also that it has hybrid road/off-road tyres, whereas rivals use less compromised rubber.

 

However, the chassis electronics include good understeer control and you very quickly identify how much speed the car can securely carry through corners and simply drive to that pace, which would be far from restrictive for anyone on the road. Body control, although better than it used to be, remains decidedly loose when push comes to shove.

 

You can’t totally disengage the car’s stability control, but you can ramp down its sensitivity if you want. There is little to be gained from doing so, though. The car’s at-the-limit handling is stable at all times, but driving it hard on the road plainly isn’t what it’s engineered for.

 

SAFETY AND SECURITY

 

All trim levels come with eight airbags and automatic emergency braking, which (as it says on the tin) means the car can automatically hit the brakes if it senses you’re about to hit the person in front – even if they’re on foot.

 

Upgrade to HSE trim and you’ll also get a driver condition monitor, traffic sign recognition (the speed limit of the road you’re driving down is displayed on the dashboard), a blind spot monitoring system and rear cross traffic alert. The latter warns you of approaching vehicles when you’re backing out onto a road.

 

All three rows of seats have Isofix mounting points, a point noted by Euro NCAP when it awarded the Discovery the maximum five stars in its crash test. If you look at the individual categories, the Discovery isn’t as good as the XC90 or the Q7 for adult or child protection, but outscores them both when it comes to protecting pedestrians.

 

CONCLUSSION

 

The Discovery is a good SUV with many strengths, but that doesn’t mean it stands above its competitors. There are other luxury midsize SUVs that are plenty athletic. The Land Rover Range Rover Sport has powerful engine options and is one of the few SUVs in the class that can match the Discovery’s off-road abilities. If you like the Discovery’s luxurious interior, you might be interested in the Volvo XC90, which delivers excellent cargo space, plenty of technology, and possibly the most comfortable seats in the class.

 

Land Rover Discovery Ex Showroom Price in New Delhi ranges from 68,05,000/- (Discovery S Petrol) to  1,02,86,000/- (Discovery First Edition Diesel) .Land Rover Discovery has 10 Variants of Petrol are available in India. Land Rover Discovery comes in 10 colours, namely Fuji White,Baltic Blue,Firenze Red,Indus Silver,Nara Bronze,Bali Blue,Siberian Silver,Ipanema Sand,Marmaris Teal,Santorini Black.

 

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Mahindra Bolero Power+ review, test drive

Mahindra Bolero Price in India

 

We believe that small adjustments make a big difference. In our

day-to-day life, small things give us immense joy, be it a successful

bargain with a vegetable vendor or a small drop in the fuel prices. In

a similar fashion, a small adjustment in the length of the car gives

automakers a lot of benefits. This encouraged manufacturers such as

Tata, Maruti, Ford and Volkswagen to develop sub 4-metre cars. Due to

the growing popularity of SUVs, Mahindra was the first company to

introduce a sub 4-metre SUV, the Quanto. Mahindra also offers the

TUV300 and the NuvoSport in this segment and now we have a new entry

from the company, the Bolero.

 

That last bit is what has driven everyone from Tata and Maruti to Ford

and Volkswagen to develop sub-4 metre offerings. However, with SUVs

becoming the demand of the day, Mahindra was first to introduce a

compact offering in the body style, by giving the Xylo a little

adjustment to create the Quanto. M&M followed it up with the TUV300,

NuvoSport, and now, it’s put the Mahindra Bolero under the knife as well.

 

Mahindra’s beloved cash-cow now gets a version which loses a few cms

in length, a few cc’s in displacement and healthy few Rupees in price

too. So is this downsize a compromise?

 

EXTERIORS

 

This new Bolero Power+ remains virtually identical to the standard

Bolero except at the edges. Look closer and you’ll notice that the

front bumpers are actually inward sloping and don’t jut out any more.

Even the metal foot plate at the rear has been re-designed so that

this vehicle qualifies as a ‘compact car’. There are some badges on

the sides with the ‘P’ in Power+ marked in red which suggest that this

is the more powerful version (more on that in a bit).

 

INTERIORS

 

Mahindra Bolero Power+ has several features, but nothing new as such.

It has power steering, power windows, manual AC, music system, keyless

entry, in-dash music system. There is even bluetooth connectivity as

well. The instrument cluster is digital on the Bolero and the higher

variants get micro hybrid technology too. The Mahindra Bolero Power+

even gets stylish interiors.

 

In terms of space, there is no change on the Mahindra Bolero Power+.

It has seven seats, the second row is tight on knee room and the third

row is good only for short distances as it gets jump seats. The boot

too isn’t that large. What makes this a good deal is the fact that it

now without any compromise on space or power, the Mahindra Bolero

Power+ is more affordable.PERFORMANCE ;

 

PERFORMANCE

 

The Mahindra Bolero Power+ comes with a 1.5-litre diesel engine and

it is more powerful than the older 2.4-litre unit. The oil-burner

produces 70 HP of power and 195 Nm of torque. Torque delivery is

smooth and linear. The car accelerates in 3rd gear from crawling

speeds without much of a fuss. Acceleration is tiring slow, however,

and 0-100 km/hr comes up in 20.76 seconds. There is some turbo lag but

the mid-range feels punchy. There’s not much action after 4000 RPM

though. 100 km/hr in 5th gear comes up near the 2500 RPM mark.

 

The new engine is very refined compared to the older unit and the

clatter isn’t as bad as earlier. The insulation is very good and we

were actually very surprised by the refinement. The Bolero Power+

isn’t meant to be driven fast at all and it is best enjoyed at

cruising speeds. Gear shifts are very long and notchy but the clutch

is super light. The Bolero Power+ has a claimed fuel efficiency of

16.5 km/l and we still managed to extract 15 km/l under normal driving

conditions. The large fuel tank ensures that you get a range of around

700 kms on a full tank.

 

RIDE AND HANDLING

 

While overtaking on the highways, if the vehicle is not loaded takes

good effort to push it but then the Bolero seems to die completely

when fully occupied. On highways the engine response is very

discouraging and the lack of power gets very evident. Not to forget

the excess noise that penetrates inside the cabin making it a noisy

one.

 

The handling quality is weak and needs some major improvement from

Mahindra. It is not a very easy to maneuver vehicle and gets a bit

sticky in some scenarios especially as the gear stick behaves like a

sore thumb. The brakes are of average quality and do not offer a

precise feedback whatsoever. We got a real time mileage of 12 Kmpl

which is average compared to the competition.

 

BOTTOMLINE

 

Why bring in another Bolero when you’re going to sell the older

version as well. Mahindra says that the two SUVs will cater to

different customer bases – one which wants the newer engine as well as

lower running costs, and the second which wants to still go ahead with

the older, proven engine and mechanicals. The company has added a

three year/one lakh kilometres warranty package now on the SUV.

 

At Rs 8.03 lakh ex-Mumbai, the Bolero isn’t the best value, especially

for someone looking for a more urban-biasedvehicle. Instead, for Rs

7.74 lakh, you get the TUV300 T4+ which has got ABS as well as

airbags, is more powerful and feels far more modern. Of course, the

Bolero will be the more logical choice for rugged, rural use. Another

fun reason to buy a Bolero in white? People inadvertently mistake you

for a cop. Traffic parts ways for you, and I actually saved good time

on my commute home! Seriously though, given the popularity of the

Bolero (over ten lakh have been sold so far), I see no reason why the

cheaper and more powerful Power+ shouldn’t be a hit with its target

audience as well.

 

Mahindra Bolero Ex Showroom Price in New Delhi ranges from 7,56,141/- (Bolero Plus Non AC BS3) to  8,57,497/- (Bolero Power Plus SLX BS4) .Mahindra Bolero has 15 Variants of Diesel are available in India. Mahindra Bolero comes in 10 colours, namely Power Plus Diamond White,Power Plus Silver,Power Plus Rocky Beige,Power Plus Java Brown,Java Brown,Rocky Beige,Diamond White,Mist Silver,Molten Red,Silver.

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Reliance Nippon AMC IPO subscribed 81 times on last day

Country’s first-ever mutual fund IPO by Reliance Nippon Asset Management Company (AMC) was lapped up by investors. The 43-million share offering saw 81 times more demand, with bids for 3,485 million shares, worth Rs 87,830 crore. The Rs 1,540-crore offering saw healthy demand in all three investor categories. The institutional portion of the IPO was subscribed 118 times, high net worth individual (HNI) segment was subscribed 209 times and retail investor portion was subscribed five times. The retail book was kept open till late as demand remained high, said investment bankers. The IPO saw over 1.5 million applications, one of the highest for IPOs this year.

The price band for the IPO was Rs 247 to 252 per share. At the top-end of the price band, Reliance Nippon AMC was valued at Rs 15,422 crore.

Japan’s Nippon Life and Anil Ambani-led Reliance Capital sold shares worth up to Rs 643 crore and Rs 282 crore respectively in the IPO. The AMC also issued fresh shares worth Rs 617 crore.

The company is the country’s third-largest AMC in terms of assets and has a 11.4% market share. At the end of August, Reliance Nippon AMC managed assets worth Rs 3.84 lakh crore across mutual funds (Rs 2.3 lakh crore), managed accounts (Rs 1.53 lakh crore) and offshore funds & advisory mandates (Rs 2,223 crore).

At the Rs 252 per share, Reliance Nippon AMC was valued at 37 times its FY2017 earnings and eight times its FY2017 pre-IPO book value.

“Considering Reliance Nippon AMC is the third largest AMC coupled with huge potential of MF industry to grow, strong return ratios, asset light business, higher dividend payout ratio and track record of superior investment performance, we are positive on this IPO,” Angel Broking had said in a note to its clients.

“We like Reliance Nippon AMC as it is the largest AMC with highly diversified product offerings and strong distribution reach,” said another note by Motilal Oswal.

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