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Govt renames NREGA after Mahatma Gandhi
UPA was facing criticism from some states that the various schemes launched by it were for political advantage

Two-wheeler sales rise 20 per cent
Sales of two-wheelers in the month of July grew by 20.1 per cent over the same month last year, at 719,668 units, the highest growth till date in 2009–10. This strong growth comes on the back of Hero Honda, which has around 60 per cent of the market share, Yamaha, and Suzuki posting double-digit growth for the month.

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NTPC hits 52-wk high on disinvestment plans
The stock pared most of its gains and ended at Rs 236, up 1% from its previous close. The counter clocked volumes of 1.83 million shares as compared to the two-week daily average traded volumes of 1.20 million shares on the BSE.
Small Business

IRB Infra is lowest bidder for NHAI's Rs 1,200-cr project

IRB Infrastructure Developers today said it has emerged as the lowest bidder for the Rs 1,200- crore project of National Highway Authority of India (NHAI). - Nath seeks double budgetary allocation for building roads - Sunil Jain: Kaise khilega Kamal?">Sunil Jain: Kaise khilega Kamal? - Arbitration body to deal with NHAI- contractors disputes - Nath meets Montek, NHAI officials - On an expressway - Old framework for transportation sector to be modernised: Nath "The company has emerged as the lowest bidder" for the highway project in Punjab and "has sought a grant of Rs 126.90 crore from NHAI," IRB Infrastructure Developers said in a filing to the Bombay Stock Exchange. According to the infrastructure developer, it had submitted its bid with NHAI for developing road on the Pathankot to Amritsar section of NH-15 (National Highway). "The project is on grant basis with concession period of 20 years and its estimated cost is Rs 1,200 crore," it added. Earlier, this week, the company had said that it has emerged as the lowest bidder for the Rs 800-crore highway project of NHAI in Goa. Shares of IRB infra were trading at Rs 133.20, up 1.64 per cent in the afternoon trade on the BSE.


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