Reliance plans open offer for L&T Reliance Industries Ltd (RIL) is positioning itself to take management control of the country's largest diversified conglomerate Larsen & Toubro, which embarked on a organisational restructuring last week. Hold on to to Mahindra & Mahindra, stay away from Eicher It is very important for an investor to know what the major trend of the market and the sector is before he picks up long positions in a particular stock. The first step must be to watch the market and look out for a strong sector and than pick up the strongest of the stocks within this sector. Kinetic ropes in Italy's Lovato to manufacture LPG-driven scooter Two-wheeler major Kinetic has roped in an Italian company Lovato for sourcing technology related to LPG used as fuel for scooters.The company has developed an LPG-fuel base scooter which can use both petrol and LPG for running the vehicle. Glaxo plans organisational revamp to interlink local, global functions Bertelsmann seen eyeing Sony Music Michelin to set up plant in India JD Power to publish `sales satisfaction index' for auto sector The Index Intas forays into oncology segment Piaggio to launch `4-stroke Vespa' Fiat rules out more investment in Rangjangaon Elf plans to expand plant capacity SHCIL unveils `Stockdirect'
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