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Anil Kumar may plead guilty in Galleon hedge fund case
Indian-American Anil Kumar, an accused in one of the the largest insider trading scam in the US, has agreed to waive indictment in the Galleon Hedge Fund case, in an indication that he might plead guilty as per a deal struck between him and the prosecutors.

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Cabinet may consider Jet proposal to raise Rs 2,000 cr
A proposal of Jet Airways to raise $400 million (about Rs 2,000 crore) from foreign investors may come up before the Union Cabinet when it meets here tomorrow, official sources said today.

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Satyam scam: CBI team back from Mauritius, 2nd chargesheet soon
A second chargesheet in the multi-crore Satyam scam will be filed soon as the CBI team probing the case has returned from Mauritius with some bank details from the island nation.
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Tata Motors to bring in hybrid city buses; development on

After developing the electric version of its flagship passenger car Indica, country"s largest auto maker Tata Motors is now working on hybrid city buses aimed at providing eco-friendly transportation solutions for Indian cities. - Tata motors looks to rejig pensions at JLR - Short-term downtrend in force - Short-term downtrend in force - Wkly Tech Analysis: Market likely to drift lower - Market likely to drift lower - Tata Motors pins hope on Grande MK II "The work is going on for hybrid city bus ... We think this will be a better solution," Tata Motors Managing Director (India Operations) Prakash M Telang told PTI. He, however, declined to comment about the stage of the development work and when the company will launch the product. "We are trying our best and we will come out with the product as soon as possible." When asked if Tata Motors would showcase the product in Delhi Auto Expo next month, Telang said: "We will have surprises in the Expo. We will showcase some concept cars, some ready products. It"s too early to talk about it, lets see what we have in Auto Expo." According to sources, Tata Motors is working on a series of hybrid buses based on LCV and high capacity bus platforms. "The city buses that Tata Motors is developing are aimed at urban mass transportation system and will conform to Bharat Stage IV emission norms," a source said. The buses may come with either diesel or CNG as the alternate fuel mode, sources added. The firm is working with a Norwegian firm for launching the electric Indica in the UK, Norway and Denmark by 2011 that will mark the global launch of the car. It is also likely to be launched in the domestic around the same time.


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