Take a look at the First drive Videos of Tata Nano by UK AutoCar and ZigWheels, India. Would you buy this car? Discuss on Nighi
Tata Nano First Drive
Source: Nighi, Autocar, Zigwheels

The ongoing recession has taken the shine off the Surat diamond industry. Around 100,000 diamond cutting and polishing workers have so far been laid off in the wake of the global turmoil hitting the diamond industry hard.
“The Rs 50,000 crore diamond industry in Surat is facing severe financial crunch and it has [...]

Nandan Nilekani, Co-chairman and co-founder of Infosys Technlogies has authored a book Imagining India. The book has a unique problem solving perspective to the crises and the challenges of 21st century India. Nilekani explains the rationale behind writing the book saying he wanted to get into the root of what makes India tick. He [...]

After laying off 800 flight attendants yesterday, Jet announced today it would serve termination notices on another 1,100 to save the company. Those grounded — cabin crew, pilots and ground staff, including 200 engineers and management officials — make up roughly 15 per cent of Jet’s total employee base of 13,000.
Jet Airway CEO Wolfgang [...]

India’s biggest truckmaker, abandoned its newly built factory for the world’s cheapest car because of violent protests by farmers, hampering plans to start selling the $2,500 vehicle this year.
Tata Motors will move equipment and machinery from Singur in West Bengal state to a new location to be decided later, Chairman Ratan [...]

India won the right to buy atomic- energy equipment after a suppliers’ group lifted a three-decade ban on exports to the country, swayed by promises that the nation will keep its moratorium on nuclear-bomb tests.
This constitutes a major landmark in our quest for energy security and the decision will open a new chapter in [...]

According to a Telecom Regulatory Authority of India (TRAI) report, the wireless segment had seen an addition of 8.53 million subscribers in the month of February 2008 as against 8.77 million subscribers in January 2008. India’s total wireless subscribers (GSM, CDMA and WLL) base stood at 250.93 million at the end of February 2008, [...]

Tata, India’s biggest vehicle maker, is likely to pay about $2bn (£1bn) in the deal, although analysts will be keen to see the exact price and terms.
Tata gained key backing from unions for its bid by expressing support for Jaguar and Land Rover’s current management and the brands’ five-year business plan.
Tata’s acquisition is its [...]

An ambitious $60 billion (Rs 2.25 lakh crore) action plan drawn up for makeover of Mumbai – Aimed to convert India’s commercial capital into a global financial hub. Nighi will present the Mumbai Makeover series by aggregating articles from various news sources. The series takes a look at the five biggest civic projects presently underway [...]

Four Indians are among the 10 richest in the world, the highest number from a single country, according to Forbes’ list of world’s billionaires.
While Warren Buffet, the Berkshire Hathaway investor, takes the title of the world’s richest man from Microsoft chief Bill Gates who slips to third place after a 13-year reign [...]

Microsoft has made a $44.6 billion unsolicited takeover bid for Yahoo. Yahoo turned down a takeover offer last year, but says it is "carefully and promptly" studying Microsoft’s offer. An interesting look at different channels footage of the story. CNN Story Associated Press FOX [...]

Monday was easily the worst day for the share market. Down by a whopping 1408 points by the end of the day’s trade, the Sensex fall on Monday dwarfed all the other falls ever in its history, as US market recession and margin call pressures from domestic investors took its toll on the markets.
The [...]