Enlarge ImageThe 2020 Subaru Legacy packs turbo power and great infotainment tech. Michael Shaffer/Subaru Welcome to Roadshow’s week in review, where we take a look back at this week’s biggest stories as we head into a long Labor Day weekend. This week started with first drives of several updated Volvos and the brand-new 2020 Subaru Legacy, and stayed interesting with a bunch of Corvette rumors, some recall news and more.Here’s a recap of our most important stories from Aug. 25-31, 2019.Top reviews 2018 Volvo XC60 T8: More hustle from a hybrid 37 Photos 2020 Subaru LegacyThe new Subaru Legacy might not be the prettiest midsize sedan you can buy today, but with a huge list of features and onboard technology, it’s a seriously competitive offering. For 2020, it even packs turbocharged power.Click here to read our full 2020 Subaru Legacy first drive. 28 Photos 5 things you need to know about the BMW M340iBMW’s new 3 Series is even more charming in its hotter M340i guise. In this video, reviews editor Jon Wong goes over what’s most important about this sport sedan. More about 2019 Chevy Malibu 2020 Volvo XC90 is a slicker, safer Swedish SUV Comment 5 things you need to know about the 2020 BMW M340i The top 5 cars from the Pebble Beach Concours d’EleganceRevisit the 2019 Pebble Beach Concours with our Carfection team as they point out some of the highlights of this year’s show. Tags Top newsThe cars that won’t live to see 2020: When we change our calendars at the end of this year, prepare to say goodbye to these vehicles.A 434-horsepower Porsche Macan: Say hello to the 2020 Macan Turbo.Corvette going hybrid: An electrified, mid-engine Corvette could have as much as 850 horsepower.New AMGs: Mercedes pulled the wraps off the new GLB35 and GLE53 Coupe this week.Quick Corvette: Rumors suggest the new C8 Corvette could run the quarter mile in as little as 11 seconds.Farewell, Jessi Combs: Car culture lost a good one this week with the death of the fastest woman on four wheels. Top videos Roadshow 36 Photos Now playing: Watch this: Now playing: Watch this: Driving the VW ID Buggy conceptReviews editor Emme Hall gets behind the wheel of Volkswagen’s electric dune buggy concept to see what it’s all about. 1 2019 Chevy Malibu packs a darker look with new RS package 2019 Chevrolet MalibuOn the other side of the midsize sedan class, we have the 2019 Chevy Malibu which is… not very competitive. Still, there are a few reasons to like Chevy’s midsizer, as associate editor Andrew Krok explains.Click here to read our full 2019 Chevy Malibu review. Top 5 Cars at the 2019 Pebble Beach Concours d’Elegance 9:31 2019 Subaru Ascent review 2020 BMW M340i: A hotter, but not hottest 3 Series sedan Share your voice Preview • 2019 Chevy Malibu: No better, no worse 2:44 2020 Subaru Legacy is tech-rich and turbocharged Now playing: Watch this: 52 Photos More From Roadshow 27 Photos Review • 2019 Chevy Malibu review: Swing and a miss Chevrolet Mercedes-AMG’s GLB35 is small, boxy and fast We drive the VW ID Buggy concept 2018 Subaru Crosstrek: Just as good as before, only better 2:38 2020 Volvo XC90The XC90 SUV launched the new direction of Volvo several years ago, and it’s still one of our top picks in the three-row luxury SUV space. It doesn’t look all that different heading into 2020, but there are a few meaningful updates that make it easier to live with every day.Click here to read our full 2020 Volvo XC90 first drive. Chevrolet Rumors Subaru Volvo
In line with its efforts to attract more foreign direct investment (FDI), Finance Minister Arun Jaitley said on Monday in his Budget for 2016-2017 that the foreign investment limit in Indian stock exchanges has been raised to 15 percent from the current five percent.It could pave the way for the listing of the Bombay Stock Exchange, Asia’s oldest stock exchange. “Investment limit for foreign entities in Indian stock exchanges will be enhanced from 5 to 15% on par with domestic institutions,” said Jaitley during his budget speech.Foreign investors in the BSE include Deutsche BÃ¶rse AG, Singapore Exchange Ltd, US billionaire George Soros’s hedge fund Quantum’s Mauritius investment arm Quantum (M) Ltd, Canada-based investor Thomas Caldwell’s Caldwell India Holdings Inc. and US fund Argonaut Private Equity.”BSE welcomes the proposal to increase the stake a foreign exchange can hold in an Indian exchange from 5% to 15% to bring it on par with Indian entities. This will also help attract more investments in India by creating stronger links with the best foreign exchanges,” Ashishkumar Chauhan, MD & CEO, BSE, said in a statement.In January this year, Indian capital markets regulator Securities and Exchange Board of India (Sebi) had relaxed some of the clauses pertaining to the listing of bourses. The BSE has been making efforts since 2012 to get listed when it hired 14 banks to advice it on the modalities. The BSE would engage the same set of firms now also for its IPO, the Mint had quoted a source familiar with the development as saying on condition of anonymity.The BSE was established on Jul. 9, 1875, at Dalal Street, and was one of the many places hit during a series of bomb blasts on Mar.12, 1993.
Kolkata: A Jaipur-Kolkata IndiGo flight with 136 passengers on board made an emergency landing in Kolkata after smoke engulfed the plane mid-air, prompting the government to order a probe, an official said Tuesday. However, no passengers were injured in the incident that happened on Monday, a senior DGCA official said. The pilot had to issue a ‘May Day’ call, made to seek help in times of distress, and the the Pratt & Whitney-powered Airbus A320 Neo plane landed at the Kolkata airport under full emergency conditions, a source said. Also Read – Rain batters Kolkata, cripples normal life On landing, some of the passengers were evacuated using emergency chutes, the source said. “The IndiGo aircraft VT ITR was about 45 miles off Kolkata when the smoke engulfed the aircraft. Amid the passengers’ safety in danger, the pilot issued May Day and sought an emergency landing at the Kolkata airport,” the source said. IndiGo confirmed the incident but said the aircraft did not face any technical issue in the past. “An IndiGo flight (A320 aircraft) 6E-237 operating on Jaipur-Kolkata route made an emergency landing as a precaution at Kolkata due to suspected smoke in cabin,” the airline said in a statement. Also Read – Speeding Jaguar crashes into Mercedes car in Kolkata, 2 pedestrians killed There was no report earlier of any malfunctioning in the aircraft, it said. The flight landed safely at Kolkata, it said, adding that on reaching the bay, a few passengers were evacuated via the “aft exit deployed slides” while most passengers deplaned via the front step ladder. The Airbus A320 Neo planes with Pratt & Whitney engines, which are being operated by budget carriers IndiGo and GoAir, have been frequently facing serious glitches mid-air and on ground since their induction. The senior official of the Directorate General of Civil Aviation (DGCA) said the “flight made an emergency landing at Kolkata due to smoke in cockpit and cabin”. On landing, the aircraft was taken to an isolation bay, where aft or emergency passenger chutes were deployed and few passengers were evacuated, the official said. The Aircraft Accident Investigation Board (AAIB), which comes under the Civil Aviation Ministry, has launched a probe into the incident, he said. The airline has also been asked to submit a preliminary report after a detailed technical inspection, he added.