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While many counterparts are still working on scaling their speed to make their products BSIII compliant, Bajaj Auto is already sitting comfortably with its vehicles BSIII compliant. The rest of the country will upgrade to BSIII effective April 1 as the 13 major cities will upgrade to BSIV on the same date.

The company officials attribute most of the credit to the efficiency of the R&D team to make the products BSIII compliant way before the deadline.

Even after dethroning Mercedes-Benz as the leader of luxury car market in 2009, BMW India is in no mood to be complacent. In fact, with a view to strengthen its position in the Indian market, the company now plans to open its used car business by April this year. The used car business will be known as 'BMW Premium Selection'.

The company is planning to garner around 30% of its total sales from the used car business. However, the company will only accept those vehicles which are sold after BMW entered India in 2006.

According to a report published in the Journal of the American Medical Association, it is believed that surgery, which involves chemotherapy helps victims survive a longer duration, said Dr. Robert Fletcher of Harvard Medical School.

The survey involved 675 people suffering from stage III colon cancer across five regions in the United States, who underwent surgery. The researchers concluded that the elderly patients, who underwent chemotherapy absorbed minimal doses and were healthier than the average aged cancer patients.

The Housing Industry Association said today that the housing shortage in Australia will increase at a rate of more than 400% by 2020. The Housing Industry Association released its report today.

In its report, HIA said that the country needs more than 466,000 new homes to be built by 2020. Currently the housing shortage in Australia is around 109,000.

HIA said it its report that the housing shortage situation is more serious in metropolitan cities such as Sydney, Brisbane and Melbourne.

Queensland Gas Company and the BOC group have signed a deal to develop a liquefied natural gas plant worth $A100 million at Chinchilla in Southern Queensland. This is reportedly the first plant in Australia to convert coal seam methane gas to liquefied natural gas.

Queensland Premier Anna Bligh announced the deal today at Chinchilla. The new plant is completely for domestic consumption and will provide LNG to create fuel for trucks.

The Supreme Court of New South Wales has ruled the fee dispute between Consolidated Minerals Ltd. and JPMorgan Morgan Chase & Co Ltd. in favor of Consolidated Minerals today. In its order, the Court has awarded JP Morgan just $A19.25 million while the investment bank had demanded $A50.8 million in fees.