Come September and Toyota's sports utility vehicle 'Fortuner' will hit the Indian markets! The announcement about the SUV's projected launch was made by the Indian unit of Toyota Motor Corp. on Wednesday.

The world's biggest carmaker, which marks its Indian presence through a joint venture with the Kirloskar Group - Toyota Kirloskar Motor Pvt. Ltd -, said that the SUV with a three-litre futuristic common-rail diesel engine will cost nearly Rs 20 lakh.

A Special Edition of the blockbuster saloon from Mercedes-Benz India - Special Edition E-Class - has been launched exclusively to cater to the Indian markets! The automaker intends producing just 192 of these cars, which have been tailored to meet Indian style preferences, in order to maintain the car's distinctiveness!

One of India's foremost tea sector firms, the Goodricke Group Ltd is planning to venture into the value-added segment of ready-to-drink teas, by the end of this year. As a result, over a period of three years, the company's current six million kg sale of tea through packets will likely increase to ten million kg.

After a long wait, Mahindra Retail, the part of diversified US$6.7 billion Mahindra Group, has finally rolled out its flagship store of Mom & Me in South Delhi.

The newly introduced flagship store of Mom & Me, spread over 10000 sq ft, is a one stop store specializing in the sale of a wide range of high quality products and value added services for 'Mother & Child'.

Religare Enterprises Limited (REL), a diversified financial services group of India, has notified that its venture capital arm has entered into a 50:50 JV with private equity firm Milestone Capital, for managing a Rs 600-crore healthcare and education fund 'India Build-Out Fund I'.

Under the tie-up, Religare along with its affiliates has committed to contribute Rs 60 crore in a new investment management company, which has an existing corpus of more than Rs 100 Crores.