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Warring Ambanis may come together for prayer meet
Their fight, despite a family settlement of June 2005, may have reached the Supreme Court but Ambani brothers Mukesh and Anil are expected to come together once again -- this time for a prayer meeting on their father Dhirubhai"s death anniversay.

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Sensex ends up 35pts
The Sensex has ended (provisional) at 16,393 - up 35 points. The Nifty ended (provisional) at 4,916 - up 34 points.

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Tata, M&M now take Indian trucks global
You have to rub your eyes hard to believe the Tata Prima and Mahindra Navistar trucks can rival the best that Mercedes-Benz, Volvo and Scania have to offer. Their stylish cabs, with the multitude of buttons and gizmos and quality fittings, make you feel you are in a European truck. But then again, both have been developed by Indian manufacturers to rival the best the world has to offer and beat these in markets outside India as well.
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Power plants near Pipapav port likely to go on stream by 2012

The plants, with a total capacity of 3,300 Mw, are at various stages of development. - Better pricing drew more fliers in Apr - US Congressmen to commemorate Gandhi"s birth anniversary - Tech view: Sensex support at 14,300 - IITians to participate in global conference in October - Fare revision, vendor passes likely in Mamata"s budget - FIIs net sellers Rs 938cr in F&O on Tuesday The four power plants coming up around the Pipavav port in Gujarat are likely to become operational by 2012, said state energy and petrochemicals Saurabh Patel. The plants, with a total capacity of 3,300 Mw, are at various stages of development. Gujarat Power Corporation Ltd (GPCL) and Torrent Power Ltd are jointly developing a 1,000 Mw coal-based power plant near Pipavav. GPCL and Gujarat State Petroleum Corporation Ltd have joined hands to set up a 700 Mw gas-based power project, while Visa Power and Videocon are developing 1,000 Mw and 600 Mw coal-based power projects respectively in the same region. “Project developers require land, water as well as environmental clearances for setting up the project. Once these requirements are met, project implementations would start. The first phase of these four projects is expected to be operational by 2012,” Patel said in a written reply to the Assembly on Monday. According to experts, the power plants would give a major boost to industrial activities near Pipavav. The state government intends to develop Pipavav as an alternative port. Gujarat plans to build a 10-lane road linking Ahmedabad and Pipavav to provide the much-needed hinterland connectivity to the port.


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