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Maruti may start work on Guj facility next year

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Ltd (MSL) may start ground work for its proposed manufacturing facility in by early next year, a top official of the country's largest car maker said here on Friday.

It is also mulling to set up a stock yard in Ahmadabad, said S Y Siddiqui, MSL Chief Operating Officer (HR, Finance, IT). "Land acquisition is complete (for the project). And perhaps we expect some initial ground work to start early 2013 for the project there," Siddiqui said on the sidelines of here.

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SpiceJet raises Rs 126 cr from Kalanithi Maran

Budget-carrier SpiceJet today said it has raised Rs 126.5 crore through issue of securities to promoter Kalanithi Maran.

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