± Gas transportation companies such as GAIL and Reliance Gas Transportation Infrastructure Ltd may soon be able to charge a lower rate than that determined by the PNGRB or those earlier approved on a cost-plus basis. (BS)
± Mahindra & Mahindra introduced its 4X4 off roader the Thar CRDe in India. (ET)
± The 3,000 MW NTPC power plant at Kaniha, the second largest power plant in the country, has slipped into critical condition with barely one day coal stock at its stockyard. (BS)
± Tata Motors is developing special variants of the Nano for the European and US markets, which will be launched in 2011 and 2012, respectively. (BS)
± BHEL is mulling a partnership with Japanese automaker Toyota to make electric vehicles in India. (BL)
± Tata Group has forayed into marketing essential commodities like pulses under its brand. The group’s agro-chemical arms Tata Chemicals and Rallis India will procure pulses from farmers and sell it in the local market. (ET)
± Bombay High Court said it cannot decide on Lavasa Corporation’s writ petition against the ministry of environment and forest’s stop-work order in isolation, and all litigation against the company’s proposed hill station township project near Pune needed to be clubbed together. (ET)
± Jain Irrigation will grow its presence in contract farming and food processing apart from expanding in drip irrigation for which the company has charted out a Rs3.5bn capital expenditure plan. (BL)
