Dhoni signs a three-year endorsement deal with UB Group worth Rs 25-26 crore to be their brand ambassador, especially for McDowell's soda, in the run up to the upcoming Cricket World Cup. Toyota launches its entry-level sedan Etios in India at around Rs 5.25 lakh to compete with cars like Maruti Dzire, Tata Indigo, and Honda City, powered by a 1500cc petrol engine. The second airport for Mumbai in Navi Mumbai finally receives approval after addressing environmental concerns over destruction of mangroves and diversion of two rivers required for its construction.