Leading automobile manufacturer, Toyota launched its 10th generation Corolla Altis. The Japanese company is doing its best to expand its business in the Indian market. The company has set a target of selling 4-lakh vehicles by 2015. It has set a target to sell 63000 units in the current fiacal.

Tata is still undecided about the fate of its small car project at Singur in West Bangal. The chairman of Tata group, Mr. Ratan Tata denied commenting on the issue. However, he said that TATA would launch Nano as early as possible.

Tata said, in the side lines of the 48th SIAM Annual Convention 2008 in Delhi, that the engineers and technical staff are doing its best to launch the ambitious car as per the plans of company.

An interest in acquiring more oil fields in Colombia has been shown by the state-run Oil and Gas Corporation and Oil India Ltd, when GAIL, expressed the idea to set a petrochemical plant in South America, a nation which is rich in oil.

The Colombian Minister of Energy and Mines, Hernan Martinez, who had come for a visit and signed an agreement with Petroleum Minister Murli Doera, agreeing to give cooperation in energy sector, and it was during this meeting that the two companies communicated their interest to acquire oil-fields in Colombia.

Mumbai: - One of the leading real estate developers of India, Parsvnath Developers Limited (PDL), has decided to set up Parsvnath Premier, a Group Housing project in Parsvnath City, Indore.

The housing project in Indore will be spread over to an area of 6.3 acres. The company hopes to complete the Rs 60 crore project by the end of 2011.

Hyderabad: With a view of positioning itself in the hi-technology range of electronics, country’s major player in the FMCG market, Godrej Appliances has come up with a range of televisions here on Friday for the first time.

The Eon range of XLCDs comprises of 13 XLCD and CRT models of different screen sizes from 15-inches to 42-inches. These are priced between Rs 6,000 and Rs 45,000.