Mukesh Ambani acquired a 14.12% stake in EIH for 1021 crore rupees. The EIH board then met in Mumbai to discuss appointing RIL nominees to its board. ITC currently holds a 14.9% stake in EIH. Nissan doubled production of its Micra car to 500 units per day to clear backorders of 2,500 units. The Micra is priced between 3.98 to 5.29 lakh rupees. Britannia has developed an energy snack under its Tiger brand and partnered with Tamil Nadu and Pondicherry to supply these biscuits to mid-day meal schemes, with no plans to sell in mass markets

1. Mukesh Ambani picks share in EIH Mukesh bought 14.12% stake for 1021 crore EIH board met in Mumbai to discuss about the RIL nominees on its board ITC has 14.9% stake in EIH

2. Nissan doubles Micra production Japanese car major doubled production of its car Micra to 500 units per day in order to clear backlog of 2500 units Micra is priced between Rs. 3.98 lakh to 5.29 lakh

3. Britannia into energy snacks Developed a fortified energy snack under its Tiger Brand Tied up with Tamilnadu & Pondichery states to supply this biscuit to various mid day meal schemes MD Vinita Bali told that there are no intentions to sell them in mass market

4. Telecom companies fined for missing rolleout deadlines Videocon, Sistema, Uninor, Loop, Etisalat DB got licenses in January 2008 but missed several deadlines for launching commercial services.

5. Punjab and Gujarat in favor for FDI in food items Punjab and Gujarat are in favor of FDI in multi brand retail in food items while many others have opposed the idea The consumer affairs ministry has invited suggestions from the states on allowing FDI in multi brand retail.