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BS Reporter / New Delhi November 22, 2009, 0:37 IST

Forex reserves dip $144 million
The country’s foreign exchange reserves fell by $144 million for the week ended December 25, 2009, mainly due to revaluation of currencies. The rupee ended the week at Rs 46.65 to the dollar as against Rs 46.73 at the end of the preceding week.

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Toyota says hybrid sales reach two-million mark
Toyota Motor said today that global sales of its hybrid vehicles had topped the two-million mark since their launch in 1997, led by the Prius — Japan"s top-selling car for the past four months.
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WB govt requests Tatas to return Singur land

The West Bengal government today said it was in touch with the Tatas for return of the lease land at its abandoned Nano project site in Singur. - When India Inc had a rough Raj in UK - Tatas woke up Britain: UK Minister - JLR to hire over 100 graduates, under-graduates in 2010 - Tatas to return land if "meaningful negotiations" held: Sen - Corus may get the Tata tag next year - Tatas rejects 10 mn pound UK loan: report "We have requested the Tatas to return the land at Singur but there has been no intimation to the state government about compensation for the land," Chief Secretary Asok Mohan Chakraborty told reporters. "Why is there talk of compensation? We have also spent money on guarding the land at Singur which has not been used for the purpose it was acquired," he said. The official said that personally he felt that if such a demand was made "it will definitely be discussed at the appropriate level of the state government." He said one round of talks has been held with the Tatas and more would follow. The land at Singur measuring 997 acre was acquired by the state government and leased over to Tata Motors for its Rs 1-lakh car project Nano. However, the Tata Motors had to shift the project out of Singur after violent protests by the Trinamool Congress last October. After that, the BHEL refused to set up a power plant there citing infrastructure and other problems, following which Railway Minister Mamata Banerjee suggested setting up a coach manufacturing factory in tie up with the state government.


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