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Tatas threaten to scrap Vista electric launch on loan delay
Tata Motors has threatened to scrap its plan to launch Vista electric cars in the UK if it does not receive a £10 million loan from the British government soon, The Observer reported today.

Commodity futures mart set for big changes
The commodity futures market, which has a turnover of over Rs 50 lakh crore, will see more changes and a deepening of the market with the entry of two new exchanges in the second half of 2009.

News of the day

Support seen at 4,900 level
The Nifty closed below 5,000 on Friday due to unwinding of long positions and fresh shorts build-up by foreign institutional investors (FIIs). We had indicated in our December 10 report that the index might not hold the 5,000 level in near future. Technically, the market is trading in a bearish triangle pattern and fresh correction is expected next week with strong support around the 4,900 level. The daily Relative Strength Index has drifted below the mean level of 50, indicating caution. Any failure to rise from the current level could see the index drift lower to test the 4,940 level.
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Govt working to ease mask shortage

Chief minister K Rosaiah said steps were being be taken to ease the shortage of masks in Hyderabad. The government is making efforts to procure more ventilators and provide additional beds to treat swine flu. - Two more die of swine flue in Andhra - Assembly, Council to condole YSR"s death - Andhra declares drought - Andhra orders CBI probe into YSR"s chopper crash - Succession race hots up in AP - Aditi Phadnis: Son-rise in Andhra?">Aditi Phadnis: Son-rise in Andhra? Reviewing the swine flu situation on Tuesday, he asked the state not to panic over the spread of H1N1 flu. The government is taking precautions to contain the spread of the disease. Doctors have been told to help the people in distress. Medicines are being made available in required quantities and doctors will be provided with masks, he said, adding that private hospitals have also been asked to work to contain the spread of the virus. So far, 353,048 passengers had been screened and 331 patients admitted to Government Chest Hospital. Of this, 124 testes positive till September 12. There are 13 patients at the Chest Hospital including eight positive and five suspect cases, according to a release.


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