The overwhelming response to Tata's Nano can be gauged from the fact that there is an unprecedented customer excitement at the showrooms of car dealers for enquires as well as bookings of the small wonder! People are reportedly flocking the car showrooms to get hold of the booking forms!

However, all the frenzy surrounding Nano has put the dealers in a fix - more so as there is a constriction with regard to the production of the car, and dealers are already at their wits' ends about how to cope with the highly built-up customer demand for the reasonably-priced Nano.

With the most recent two project orders valued Rs. 1,344 crore from Mangalore Refinery and Petrochemicals (MRPL), Larsen and Toubro this week has booked five large orders worth Rs. 5177 crore.

By and large, these contracts are from government units - including Rail Vikas Nigam; Power Grid Corporation; Nuclear Power Corporation; and now MRPL. Over and above these large orders, the engineering and construction major L&T also has quite a few smaller orders in its kitty, pertaining to the company's other unannounced businesses.

Takashi Shoda, the President and CEO of the Japanese pharmaceutical company Daiichi Sankyo - which bought a majority stake in Ranbaxy Laboratories last year - said that the company soon intends meeting officials of US Food and Drugs Administration to sort out regulatory problems at the Ranbaxy plant at Poanta Sahib in India.

Accusing the Jet Airways for the supposed lapse in payment of installments with regard to the April 2007 takeover of the earlier Sahara Airlines - now JetLite - Sahara India has approached the Bombay High Court.

Out of the Rs. 1,450 crore acquisition deal for Sahara Airlines, Jet Airways had made an upfront payment of Rs. 900 crore, and had agreed to pay annual installments of Rs 137 crore in the course of the next four years beginning 2007.

With the dual aim of diminishing Blue Coat product waste intended for landfills by nearly 90 percent and generating cost savings, Blue Coat Systems, the technology leader in Application Delivery Networking, has initiated a product recycling service.

Blue Coat, which is investing $1 million in a global channel rewards program, is expecting the proceeds from the recycling and reuse program to cover not only the costs of the service, but also to yield nearly $750,000 per year in additional operational savings.

According to reports, Fortis Healthcare is likely to strike a deal to get hold of 74% equity stake in unlisted Wockhardt Hospitals for about Rs 7.5 billion.

If the deal get finalizes, Fortis will have to invest Rs 4 billion during the initial phase to acquire a 40% equity stake, which will be raised later.

But, a formal agreement is yet to be sealed, with both companies in the process of ironing out differences, which include the issue of branding the hospital chain, the report added.