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Nestle India posts robust growth in Jan-Sept
Despite the economic slowdown, Nestle India, the food and beverages major, registered net sales of Rs 3,780 crore for January-September 2009, a 17 per cent jump as compared to the same period a year earlier.

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Emami: Betting on homeopathy
Kolkata-based Emami, the Rs 2,200-crore fast moving consumer goods major, is on the lookout for local homeopathy companies, even sick units will do. Emami had acquired Kolkata-based M Bhattacharyya & Co, one of the country’s earliest homeopathy companies, three years ago.

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M&M may tap Italjet product line to push scooter sales
Looking to expand its newly-formed two-wheeler business unit, Mahindra & Mahindra (M&M) is studying the options of launching models of Italjet Moto SpA, a famed Italian scooter and motorcycle manufacturing company, in the fiercely competitive domestic market.
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Qatar to consider India's demand for additional LNG

In a significant development, Qatar today agreed to look into India"s demand for an additional 5 million tonnes a year of liquefied natural gas (LNG) to meet its growing energy needs. - Deora to seek more LNG supplies from Qatar - Tata Communications erases gains, ends down 2% - Tata Comm, Qatari co in pact for undersea cable - Test flights on green fuel by global airlines - Siemens bags Rs 608-cr order - Natural gas fuelled aircraft completes six-hour flight "Qatar has agreed to consider to meet Indian demand for supplying LNG on a long term basis," an official statement issued after a meeting between the Petroleum Minister Murli Deora and Qatar"s Energy Minister Abdulla Bin Ahmed Al-Attiyah in Doha today. Deora is on a visit to Doha to discuss LNG supplies. "During the meeting India sought long term LNG supplies for Dahej and Kochi terminals of Petronet LNG Ltd and Dabhol terminal of GAIL," it said. Attiyah agreed to consider the request of Indian side for LNG supplies. Attiyah advised the CEOs of Rasgas and other petroleum companies in Qatar to hold separate discussions with India"s ONGC, IOC, GAIL & Petronet LNG to chalk out plans for the supply of up to 5 million tonnes a year of LNG to India on long-term basis. "It was agreed by both the sides to have further discussions," it said. Sources said Deora pitched for a long-term LNG supply at either Petronet LNG"s terminal or the import facility adjacent to the beleaguered Dabhol power plant in Maharasthra.


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