The stirs and agitations can delay the commencement of Nano in the market. Various political parties and groups are agitating against the government and TATA. The conditions were not good on the plant site on Friday.

Trinamool leader Mamata Banerjee and her party workers have again threaten to physically prevent its workers and technical staff to enter in the plant. After sensing commotions, the TATA group decided on Friday to evacuate all its workers from the project site at Singur. Meanwhile, agitation on the project site is becoming grave day by day. The police have also filed cases against some mistreatments.

In a move to add more strength to the existing financial services business of the Aditya Birla group, its group entity, Aditya Birla Nuvo, on Thursday made the announcement that ti has acquired 56% stakes in Apollo Sindhoori Capital Investments (ASCIL) from the Chennai-based Reddy family. The cost for each share was fixed at Rs 64, making total of Rs 198.8 crore. A 20% open offer will be shortly launched by the Birla Company for the ASCIL shareholders at the similar price.

About 10% of shares in ASCIL will still be acquired by the Reddy family, but no representation on the ASCIL board will be made for them. If open offer is fully subscribed, the total acquisition cost will be Rs 270 crore.

Taipei - Shipments

Berlin  - Connecting digital devices from different manufacturers to one another will be the next step in the "Digital Revolution," Jongwoo Park, the chief executive of conglomerate Samsung, said in a speech Friday in Berlin.

Consumers had the most modern devices available but many of the products could not be networked with one another yet, he said in a speech hailed by organizers of the IFA consumer-electronics trade fair as a keynote address.

In order to consolidate its position in the $62 million smart cards market in the country, Bartronics India Ltd (BIL) launched its new range of products on smartcards at the ongoing Smartcards Expo 2008 held in New Delhi on Wednesday.

Manufactured by Bartronics, these smart cards are targeted at software development companies to use for application development (for SIM, mass transit and other embedded systems applications).

Prague  - New World Resources NV (NWR), the owner of the Czech Republic's largest coal mining company, said Thursday its net profit was up more than four times year-on-year in the second quarter of 2008 on the back of skyrocketing coal prices.

NWR more than quadrupled its second-quarter net profit from 16.2 million euros in 2007 to 71.3 million euros (105.3 million dollars) this year, according to unaudited consolidated results.

The mining company's consolidated revenues reached 513.1 million euros (757.5 million dollars) between April and June, up by 56.3 per cent from 328.2 million euros in the same period the previous year.