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Bosch develops diesel engine for Nano
The German auto component major Bosch today said it developed a special diesel engine in partnership with Tata Motors, the makers of the Rs 1-lakh car Nano.

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Nifty key support at 5,000
The market opened weak and sustained selling pressure saw the benchmark indices, the Nifty and Sensex, lose their crucial support levels of 5,150 and 17,300, respectively. The spot Nifty closed at 5,094 while January futures closed at almost 10 points discount on profit-taking and short build-up.

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India-West Indies series to be low scorer for Ten Sports
Low viewer interest following India"s early exit from the ICC T20 World Cup, plus the absence of star cricketers like Sachin Tendulkar and Virender Sehwag from the team have brought down average spot rates on Ten Sports over 50 per cent against what advertisers paid on STAR Cricket, the host broadcaster for the T20 World Cup, and SET Max, broadcaster for the Indian Premier League (IPL). Ten Sports is the host broadcaster for India"s upcoming tour of the West Indies starting June 26. India is scheduled to play four One Day Internationals (ODIs) from June 26 to July 5.
Business Opportunities

JSW Energy gets SEBI nod for public issue

JSW Energy, a part of Jindal South West (JSW) group headed by Sajjan Jindal, has received SEBI (Securities & Exchange Board of India) nod for IPO (initial public offering). The company is looking to raise a minimum of Rs 2,600 crore by issuing 63.22 million equity shares. IPO proceeds will be used for repayment of debt and equity financing of power projects. It is planning six power projects aggregating to 2790 MW in Rajasthan, Maharashtra and Himachal Pradesh.


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