The Lodha Group, a Mumbai-based realty player, has decided to enter the Hyderabad market with an estimated investment plan worth Rs 800-crore.

The company plans to build a project christened ‘by Invitation’ to focus on the ‘luxury’ market segment, which would be its first major initiative for the group outside Maharashtra.

Helsinki - Nordic nations on Monday promised to review cash- strapped Iceland's need for additional loans, and were to form a working group that would monitor Reykjavik's efforts to revive its economy.

Swedish Prime Minister Fredrik Reinfeldt, current chair of the Nordic Council, said the Nordic group welcomed the deal Iceland signed on Friday with the International Monetary Fund (IMF) for a 2.1-billion-dollar emergency loan from the IMF to help stabilize Iceland's economy.

Berlin - The king of Bahrain, Hamad bin Isa al-Khalifa, began a visit to Berlin Monday with a focus on both business links and Middle East peace.

After a meeting with German Foreign Minister Frank-Walter Steinmeier, a German statement said both sides stressed trade and industry opportunities ahead, including railway building.

Germany has been promoting its technology for a fast rail link along the southern shore of the Gulf.

They also conferred about Mideast issues and Iran's standoff with the United nations over its nuclear research.

Sao Paulo - The Brazil government will not bailout large conglomerates that have lost money in foreign exchange operations, Finance Minister Guido Mantega said Monday.

These firms may have lost up to 20 billion dollars in the ongoing global financial crisis, he said, but added that this loss "is perfectly absorbable" by the companies, without help from the government.

Moscow - Chinese Premier Wen Jiabao arrived in Moscow on Monday to seek a long-delayed deal on energy ties with Russia and discuss the global financial crisis.

Wen will hold talks with his Russian counterpart Vladimir Putin and President Dmitry Medvedev in his two-day visit to the capital before heading to oil-rich Kazakhstan for a meeting of the Shanghai Cooperation Organization, a security grouping of Central Asian states.