Mahindra and Mahindra (M&M) is all set to phase out its 2.6 litre CRDe engine, which at present powers the older Scorpio models.
The new car model is available in two variants - VLS and VLX, both priced a little over 10.50 lakhs.
The new Scorpio will now be powered by the m_Hawk engine.
At present, only the VLX model of Mahindra Scorpio is powered by the m_Hawk engine.
Apart from this, the new Scorpio would now come in a complete new look. The new Scorpio would come with cosmetic changes inside and out.
Mumbai, Mar. 6: The Defense Ministry has given a-281-crore rupees contract to Bharti Shipyard for supplying 15 interceptor boats to the Indian Coast Guard, the shipping firm has said.
In a major relief to firms the government has announced to extend tax relief to companies who are providing services from the tax-free export zones. Developers are also entitled to avail the benefits of tax exemptions under the new norms. However, tax benefits would be extended only for permitted activities within SEZs.
A large number of US firms have started to pull outsourcing operations from the traditions destinations such as India, probably due to revelation of Satyam's accounting fraud and terror threats in the aftermath of Mumbai terrorist attack on 26/11. 
Placement drive at Indian Institute of Management Ahmedabad (IIM-A) has entered in eighth day with many students still waiting to get placed in the midst of global slowdown. 
Bharti AXA Mutual Fund, one of the leading mutual fund house, has notified that it has collected Rs 20 crore via Bharti AXA Regular Return Fund, an open-ended income scheme during their initial offer period from 28 January to 26 February 2009. 
