1. ECONOMIC TIMES Presented by: Baljit Singh Mahi MBA-2(c)

2. Nissanproduction Nissan doubled production of its car Micra to 500 units per day in order to clear backlog of 2500 units. Price of Micra in between Rs.3.98 lac. And Rs.5.29 lac.

3. GTL Infra calls off $11 bn merger with Rcom. On June 27, 2010, RCom and GTL Infra had signed a Non-Binding Term Sheet for a merger that would see a combined tower strength of over 80,000 towers, with an enterprise value of $11bn, which would have made it the largest telecom infrastructure firm in the world. However, as the deed expired on August 31, 2010, with no efforts by either party to extend the agreement deadline or enter into a new contract, the deal has been officially called off, with a notice to that effect being sent by GTL to the BSE, after a meeting of the Board of Directors of GTL on September 6.

5. Reliance Communications Ltd. is now engaged in discussions with certain other strategic and financial investors, to pursue a similar transaction aimed at significant reduction in the Company's debt and unlocking of value for RCOM shareholders from the passive infrastructure and related assets in its 95% owned subsidiary, Reliance Infratel Ltd.”

8. Lotto to expand retail reach in India Italian sportswear brand Lotto is working on strengthening its presence in India by expanding retail reach and driving volume growth. "India is a strategic market for Lotto as the country offers strong growth opportunity in the sportswear segment. Sports Lifestyle is the exclusive licensee for Lotto in India. In Asia, India currently comes at number three after Japan and China in terms of turnover contribution to Lotto's global sales.

9. Gold prices may touch Rs 22,000/ 10 gms by year end: Assocham Gold prices are likely to touch Rs 22,000 per 10 gms by year end, as the cash-rich financial institutions like mutual funds may divert investments to bullion in view of uncertainty in the stock market.

10. Cont…. Major players in the capital market including mutual funds are holding huge cash balances, waiting to invest in anticipation of corrections in the equity market. Until corrections resume, these funds would go on making a beeline to commodities, more specifically bullion, which has taken gold and silver to all time high. Another reason for rising prices is the Euro-zone economy and the US, which are not providing conducive investment options, making way for investment in precious metal.

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