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Air India is planning to craft a main nucleus at the recently-rolled out Terminal-3 at New Delhi's Indira Gandhi International Airport to link India with the globe, an Air India official expressed on Wednesday.

According to the spokesperson the airline targets at re-locating asa essentially diverse hauler, with an inclining spotlight on offering a flawless passenger experience, whilst linking maximum travelers via non-stop and one-stop paths to destinations on its arrangement.

Apex bank, The Reserve Bank (RBI) said on Wednesday that it is going to do a survey on foreign collaborations in Indian industrial sector.

The study, said the bank, will be done so that it is able to get information related to all the financial and/or technical collaborations take place with domestic firms as a party.

India's leading acid battery maker, Exide Industries Ltd has announced that it will be investing close to Rs. 400 crore in its core business which is battery.

But, the firm also said that it may be losing money on the life insurance business it will continue to stick to it.

Talking to the media on the sidelines of an AGM, Exide Managing Director and CEO TV Ramanathan said that for the current year Exide has put aside Rs. 400 crore for expanding its capacities on the battery front.

On Wednesday, the promoters of HDFC Standard Life- HDFC and Standard Life of UK said that they are going to invest in between Rs. 300-350 crore into the business during the current financial year.

Said, Vibha Padalkar, Chief Financial Officer, HDFC Standard Life, "We will need more capital to fund new business growth. We have also increased back-ended charge products in our portfolio."

The life insurance player was formed by the JV between the above mentioned parties and is now the fifth largest insurance player in the private sector side.

India's second largest two-wheeler maker, Bajaj Auto on Wednesday announced it is thinking of issuance of bonus shares. And for the same purpose the board of the company is going to meet on July 22.

This is 13 years later that Bajaj is again thinking of having bonus shares. Analysts expect that this step was taken since the company has been facing falling share values and a remarked fall in the investor confidence.

Finally the oil companies have decided that they will be revising the oil prices once every month. The stand comes after a long wait after it was decided that the petrol prices will now be de-regulated and more market-driven.

In the group that announced its decisions are also PSU firms like Indian Oil, Bharat Petroleum and Hindustan Petroleum. They said that they would be charging a uniform price for petrol.

Indian Oil even said that there is no need to increase the price of petrol immediately and that all the refiners must increase the price together rather than doing it one by one.