Bentley unveils Rs 2.9 cr luxury car, MulsanneBritish super luxury car brand Bentley today said it will launch two models priced well above Rs one crore in the Indian market, as it looks to grow in the high-end segment.

Zooming Indian auto industry needs more road space to growThe Indian automobile industry has come under global focus, ranking second only to China as the fastest growing market in the world. The spate of new launches by the auto majors and rising sales graphs over the past few months indicate that the fiscal stimulus seems to have worked wonders for this industry.

Australian Action Against 'Phoenix' Activity ,The Australian government has announced immediate action to assist in a crackdown on ‘phoenix’ activity by expanding and reforming the use of security deposits by the Australian Taxation Office (ATO), and, at the same time, significantly increasing the penalties for failing to comply with the requirement to provide such a deposit.