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Tim Kelsey, the government's recently appointed director of transparency has said at an event that the government will look to promote discussion on open data to determine what different parties want to gather.

He was speaking at an event on open data staged by the thinktank Demos. He said that the open data will generate "vast markets" driving the next generation of life sciences. He said that it could bring huge economic opportunity and that open government was the best way to drive the performance of public services.

Japanese auto major, Toyota has announced the 2012 model of Hilux pickup with a number of improvements and a new look.

The 2012 Toyota Hilux pickup will feature a new bonnet, radiator grille, headlamps and bumper. The buyers will also be able to choose a new wheel designs and new side bats and steps for the Toyota Hilux Invincible.

As for interiors, the model features a new dashboard design with integrated 6.1 inch touchscreen and a horizontal instrument cluster. The Toyota Hilux HL3 and Invincible features Bluetooth and a USB port for music players, as a standard.

To give more competition to its competitors, Maruti Suzuki India Ltd is all set to launch its new modified swift. Since Maruti swift was launched in summer, within few months, the car became a great hit among the consumers.

Seeing the popularity of the car, the company planned to modify swift and finally on 17 August, they have decided to launch the new model in the Indian market. However, the car has already been launched in Japan and Europe last year.

According to reports, mobility solutions provider, Carzonrent, in Delhi has bought a fleet of 90 customized C Class cars, from the German auto giant Mercedes Benz.

Also, this is said be a major single deal that has been made by the company in the country and the customized-class Mercedes, will be selling at over 28 lakh.

Vijay Malaya’s shares are not performing well in the market. The main reason for this is said to be the Vijay Malaya’s failure to pay debt to HPCL on time. Several Kingfisher airlines were grounded at airports in Delhi and Mumbai for at least an hour as Hindustan Petroleum Corporation Ltd (HPCL) refused to deliver fuel to the airline. According to official sources, Kingfisher airlines have to pay Rs 500 crore as oil dues to HPCL.

Sensex witnessed growth, where majorly trade took place in the afternoon. The total number of shares which highly developed were 1587, 1148 shares declined and 931 shares did not witness any change in their position.

Sectors which contributed the market to follow an upgrade graph were IT, banks and metal stocks. Stocks that heavily contributed to the market were Reliance, Infosys, TCS, NTPC and ICICI Bank.