quick reads

The business wrap: Fitch Ratings warns against uncertain gains of note ban, and 7 other top stories

In other headlines: Flipkart replaced Binny Bansal with Kalyan Krishnamurthy as its CEO, and Yahoo will rename part of the company not being sold to Verizon.

A look at headlines in the sector right now:

  1. Short-term pains of demonetisation might outweigh uncertain long-term gains, says Fitch Ratings: The currency ban was a ‘one-off event’, and those who operate in the shadow economy will still be able to use the new notes, the agency said.
  2. In another shake up, Flipkart replaces Binny Bansal with Kalyan Krishnamurthy as CEO: Co-founder Sachin Bansal will continue to remain the executive chairman of the e-commerce company.
  3. Yahoo will rename part of the company not being sold to Verizon: CEO Marissa Mayer and five other directors will resign from the board after the sale.
  4. Proposal to approve Rs 2,000 note reportedly made in May 2016, no talk of demonetisation then, says RBI: The apex bank has also said that the decision to ban Rs 500 and Rs 1,000 notes was proposed by the Centre, and not by them.
  5. Ratan Tata had asked Cyrus Mistry to resign after ‘no signs of improvement’ under his chairmanship: In a 204-page affidavit filed at the National Company Law Tribunal, Tata Sons said Mistry was ousted after a chain of events that led to a trust deficit.
  6. Over Rs 3 lakh crore of tax-evaded income deposited during 50-day demonetisation window: An Income-Tax Department official told PTI that the data was being verified and notices would be sent to suspected tax evaders.
  7. Sensex climbs 173 points, Nifty ends over 8,200 mark: Oil and gas, auto, PSU and banking stocks saw the highest gains on the BSE index.
  8. Narendra Modi inaugurates BSE’s new international exchange in Gujarat: The Bombay Stock Exchange is planning to invest Rs 500 crore for trading and clearing at the exchange.
Support our journalism by subscribing to Scroll+ here. We welcome your comments at letters@scroll.in.
Sponsored Content BY 

The qualities of a high-performance luxury sedan

A lesson in harnessing tremendous power to deliver high performance.

Gone are the days when the rich and successful would network during a round of golf, at least in the Silicon Valley. As reported by New York Times, ‘auto-racing has become a favourite hobby for the tech elites’. However, getting together on a race track would require a machine that provides control while testing extreme limits. Enter the Mercedes-AMG range of cars.

Mercedes-AMG’s rise from a racing outfit to a manufacturer of peak performance cars is dotted with innovations that have pushed the boundaries of engineering. While the AMG series promises a smooth driving experience, its core is made up of a passion for motorsports and a spirit that can be summarized in two words – power and performance. These integral traits draw like-minded people who share and express Mercedes-AMG’s style of performance.

The cars we drive say a lot about us, it’s been said. There are several qualities of an AMG performance luxury sedan that overlap with the qualities of its distinguished owner. For instance, creating an impression comes naturally to both, so does the ambition to always deliver an exceptional performance. However, the strongest feature is that both the owner and the AMG marque continually challenge themselves in pursuit of new goals, stretching the limits of performance.

This winning quality comes alive, especially, in the latest Mercedes-AMG marque – the Mercedes-AMG E 63 S 4MATIC+. With the most powerful engine to have ever been installed in an E-class, this undisputed performance sedan promises immense power at the driver’s command. With 612 HP under its hood, the car achieves 0-100 km/h in just a few seconds - 3.4 to be precise. Moreover, the car comes with the latest driver-assistance technology that promises intelligent control and provides an agile and responsive ride.

But, the new AMG is not just about work (or traction in car lingo). One of its core features is to provide its owners a challenge on the race track. Its drift mode, which converts the vehicle into a pure rear-wheel drive, offers pure exhilaration and adds a work-play dynamic to the car. In that sense, the new AMG is a collaborator of sorts - one that partners with its owner to create an impression through performance. And on the weekends, the car pushes him/her to express absolute power using its race mode with a thunderous roar of the engine - the pure sound of adrenalin. This balance between work and play has been achieved using cutting-edge features in the car that together create an almost intuitive driver-machine relationship.

If you’re looking for a car that shares your enthusiasm for driving, you’ll find a partner in the new AMG. However, buying an AMG is not just about owning a powerhouse on wheels, it’s also about adopting a driving philosophy in which power is just the starting point - the main skill lies in how you manoeuvre that power on the road. A performance sedan in its sportiest form, Mercedes-AMG’s latest model takes vehicle performance to an unmatched level. A decade ago, this amount of speed and power in a luxury 4-door model would be un-thinkable.

Play

The new Mercedes-AMG comes with a host of individualisation options through designo, the artistic side of Mercedes’s innovation, so the car becomes an extension of the owner’s distinctive personality. An expressive design with a new radiator grille and a muscular front apron showcase its athleticism. A new-age driver environment, widescreen cockpit, the AMG performance steering wheel and sports seat delivers an intensive driving experience. With the Mercedes-AMG E 63 S 4MATIC+, AMG has created an undisputed performance sedan that can rip the race track as well as provide reliable luxury sedan-duty. To know more about the most powerful E-class of all time, see here.

This article was produced by the Scroll marketing team on behalf of Mercedes-Benz and not by the Scroll editorial team.