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Unitech Wireless earmarks Rs 10,000 cr capex for three years
The country"s second-largest realty firm, Unitech, today said its telecom venture has earmarked a capital expenditure of Rs 10,000 crore for the next three years to roll out its services across the country.

Maruti testing cars on CNG platform
Car market leader Maruti Suzuki India Limited is testing its cars on the CNG platform before launching them commercially in the next 2-3 years.

News of the day

Right packaging key to boosting coffee exports
Getting the right packaging material at an affordable price is a major challenge facing coffee exporters in India today. India, like other coffee exporting countries, uses the conventional jute bags for exporting green coffee. However, when it comes to exporting roast and ground coffee, the material used for packaging plays a major role. As of now, India’s roast and ground coffee exports in the retail form are very small in volume at 200 tonnes, whereas the country’s total green coffee exports are about 180,000 tonnes.
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SC to commence final hearing on Ambani gas row on Oct 20

The Supreme Court today decided to commence final hearing on the high-profile gas dispute between the group firms of Mukesh Ambani and his younger brother Anil from October 20. - RIL wins city-gas rights for 3 centres - Hearing in RIL-RNRL dispute may be deferred to Sept 4 - Reliance battlers write to OilMin on gas supply to NTPC - Hearing in RIL-RNRL gas dispute may be deferred to Sep 4 - Become party to NTPC-RIL case to protect PSU: ADAG to Govt - NTPC misleading the govt on gas price: RIL to Oil Ministry The government"s petition on the issue and those of various power producers, mainly from Andhra Pradesh, and the Fertiliser Corporation of India would also be heard on that day. A bench headed by Chief Justice K G Balakrishnan posted the matter for final hearing after RNRL mentioned that the matter, which was originally scheduled for September 1, may not be taken up that day by the bench as the Chief Justice would be leading the Constitutional Bench. RNRL is fighting to get RIL to supply gas to it at $2.34 per mmBtu, the Mukesh Ambani group company has maintained that the price of the fuel needs to be approved by the government. The government has filed a Special Leave Petition seeking to assert its right on the national resource. It has also sought to declare as null and void that part of the Ambani family MoU that provides for dividing natural gas from KG-D6 fields between RIL and RNRL. Counsel for all the parties, including Mukesh Ambani-run RIL and Anil Ambani group firm RNRL, said that they were ready for daily hearing of the matter from October 20. While senior counsel Harish Salve, representing RIL, suggested the date, the counsel for both RNRL as well as the government said that they do not have any objection. "We will start on that day and will finish as soon as possible," Salve said. The bench also directed that all the parties to file all the documents including responses and rejoinders by that date. Anil Ambani group had last month prayed for commencing final hearing on the matter on September one, but the court had said it would on September one decide when to take up the matter. It was ADAG counsel Mukul Rohtagi who approached the court today for mentioning the matter, but RIL counsel Salve suggested that it be taken up on October 20.


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