Japanese car major Nissan on Tuesday said it will launch its much-awaited small car Micra in India in July, and the base model could cost less than Rs four lakh.
“The new Nissan Micra will be launched nationwide on July 14, 2010,” the company said in a statement. The company’s wholly-owned subsidiary, Nissan Motor India, will roll out the new Micra from its recently inaugurated facility at Oragadam near Chennai.

Billionaire Anil Ambani on Tuesday called on oil minister, Mr Murli Deora, apparently to discuss allocation of natural gas to his group’s power plants, amid reports that government could consider allocation of gas only six months prior to commissioning of projects.

The government today received Rs 30,229.51 crore as fee towards broadband wireless spectrum from all successful bidders, with Mukesh Ambani-led RIL’s internet arm Infotel alone coughing up Rs 12,847.77 crore.

The government has received reports that tainted stock broker Ketan Parekh, who was barred from the capital markets till 2017 over a securities scam, is still active and has taken positions in oil PSUs like ONGC and HPCL.

The empowered group of ministers (EGoM) on decontrol of fuel prices will meet on Friday to take a view on the issue of freeing petroleum prices from government control.
“There is a meeting on June 25 on fuel prices. I cannot say whether prices will be hiked,” said the petroleum minister, Mr Murli Deora.

Former Olympians and athletes on Tuesday in an open letter asked International Olympic Committee president Jacques Rogge to protect the interests of sportspersons in India.

The Queen’s Baton for the Commonwealth Games will cross into India at the Wagah-Attari border this Friday from Pakistan after covering 70 countries and a distance of almost 170,000 kilometres.

Suspended IPL chairman Lalit Modi’s ouster now looks imminent with the Board of Control for Cricket in India on Tuesday rejecting his defence of all three showcause notices issued to him.

As the rift grows between the BJP and JD(U) in Bihar, the BJP’s central leadership clearly indicated on Monday that it wanted the alliance to continue.
While the BJP’s state unit is demanding that the party give a befitting reply to Bihar chief minister Nitish Kumar for showing “arrogance” by returning the Gujarat government’s relief aid, the BJP top brass is in no mood to cut off ties with its NDA ally ahead of the October-November Assembly elections.

The Group of Ministers on Bhopal headed by home minister P. Chidambaram, which submitted its report to Prime Minister Manmohan Singh on Monday, has claimed that Dow Chemicals, which bought Union Carbide in 2001, cannot be made liable for “criminal” offences related to the 1984 gas tragedy.