L&T expects an internal rate of return of 14-17% from the Hyderabad Metro Rail Project, expecting the project to break even within 5-6 years. Air India saw a 26% rise in revenue for April-June along with higher yields and seat factors. Maruti Suzuki will launch a new auto plant in Manesar producing 2.5 lakh vehicles annually. The DTC bill could subject more NRIs to taxes if they stay in India over 60 days a year. Food inflation rose to 10.86% year-on-year from 10.05% previously according to the Food Price Index.

2. Marutisuzuki to produce auto plant in Manesar,to produce 2.5L vehicles a year.Maruti is going to launch a new plant at Manesar and produce 2,50000 new vehicles this year.

3. DTC Bill brings bad news for NRI’S:More NRI’s will come under the Tax banner if the bill for the tax will be approved in the parliament if they stay in India for more than 60 days in a year

4. RISE IN FOOD INFLATION:Food Price Index rose to 10.86 in an year.It was Marginally lower at 10.05% a week ago.