(AFX UK Focus) 2010-06-17 09:39 UPDATE 2-Plastic Omnium to buy Solvay stake in fuel tank JV
AMSTERDAM/PARIS, June 17 (Reuters) – Belgian drugs, chemicals and plastics maker Solvay is selling its 50 percent stake in vehicle fuel tank supplier Inergy Automotive Systems to French car parts maker Plastic Omnium. Inergy Automotive, jointly owned by Solvay and [...]

BJP blames faulty govt policy for fuel price hike
Petrol is currently sold at a loss of Rs 6.68 per litre and diesel at Rs 5.81 per litre. Naik said the Vajpayee government had given Navratna oil firms the freedom to decide fuel prices.

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Tharoor exit, Modi defiance fuel NCP-Congress cold war
The messy IPL drama has now fuelled fresh tension between the Cong and ally Nationalist Congress Party.

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World’s Cheapest Car is Unveiled

After months of rumors and tantalizing leaks, Indian automaker Tata Motors has finally unveiled the Tata Nano — its already legendary $2,500 (1-lakh) car.

The words “Tata Nano” have nothing to do with tiny music players, but the car going by that name’s price and size are still nearly small enough [...]

FIIs fuel rally in D-street
Foreign fund managers, who have pumped in over $5 billion into Indian shares so far this year, and $16.2 billion during 2009, have been the most influential investor group in the sensex’s return journey to 18K.

Read more on The Times of India

What is the first thing non-resident Gujaratis (NRG), whether UK or USA-based non-resident doing when they set foot in Gujarat? Like Prakash Patel, who after he setting foot in Bardoli, barely a fortnight ago, invested Rs. 35-lakhs in a Radha Baug plot of land.

Ditto goes for New Jersey, USA-based Bhagubhai Patel, who couldn’t [...]