Toyota to unveil Fortuner SUV in India on Aug 24

Posted on: July 31, 2009 at 8:17 pm

Toyota will launch Fortuner in the Indian market on August 24, betting big on its sports utility vehicle, reports agency sources.
Toyota`s Indian unit Toyota Kirloskar Motor (TKM) expects Fortuner to take away 50%market share in this category.
Toyota Kirloskar Motor deputy managing director, marketing , Sandeep Singh said  that the joint venture expects to sell 2,000 [...]

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Reliance Infra to build Rs 11,000-cr Mumbai Metro II

Posted on: July 31, 2009 at 7:49 pm

Anil Dhirubhai AmbaniGroup firm Reliance Infrastructure Ltd has bagged the Mumbai Metro II project, a 32-km elevated rail line between Charkop to Mankhurd in the suburbs.
“The Mumbai Metropolitan Regional Development Authority (MMRDA) has awarded the contract of Mumbai Metro II project to us, for which we are setting up a separate SPV,” Reliance Infra CEO [...]

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