Chandigarh: Multi-level parking facilities may come up soon in this city known for its architecture and urban planning, which also has the maximum vehicle density in the country.

"A site of nearly five-acre area has already been earmarked for the construction of multi-level parking in Sector 17 that is the commercial hub of the union territory," an official spokesperson told the media on Sunday evening.
"Other sites (for parking facilities) have also been identified in the industrial area and at those places that are frequented by maximum number of people," he said.
The administration, the spokesperson said, would also develop the existing surface parking facilities.
Chandigarh has maximum density of vehicles in the country with over 700,000 registered vehicles. Its total geographical area is around 140 sq km, with 114 sq km of land and 25.42 sq km of the Sukhna lake and wildlife sanctuary

London: Indian conglomerate Tata group-owned Jaguar Land Rover (JLR) is planning to raise up to 1 billion pound by September to keep the cash-starved company afloat without the British government's help, media report said.

According to a daily newspaper, "Tata is trying to raise up to 1 billion pound by September to keep Jaguar Land Rover afloat without government help." As per the report the Tatas have mandated financial adviser Citigroup to find banks with solid credit ratingprepared to underwrite some of the 340 million pound loan pledged by the European Investment Bank (EIB).
The Tatas are also seeking to tap the debtmarkets to help secure the 500 million pound to 1 billion pound short-term financing package needed, the newspaper added.
"Even if Tata can raise more debt and find banks willing to underwrite part of the EIB loans, the cost of the financing will be very high," the news daily said.
The report further said the Tata Group, which controls Jaguar Land Rover through its subsidiary Tata Motors, will cut or freeze investment plans for new models. More redundancies from its 15,000-strong workforce are also likely.

Mumbai: Trading at Indian equities markets started on a positive note today with a key index 83 points above its last closing figure after opening higher in the morning.
The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened the day at 11,997.37 points, higher than its previous close. About 25 minutes into trade, it was at 11,960.25 points, 83.82 points or 0.71 percent higher than its previous close.
At the National Stock Exchange (NSE), the broader S&P CNX Nifty index was also in the positive terrain, rising a marginal 7.45 points to rule at 3,628.15 points.
Broader market indices rose with the BSE midcap index ruling 0.64 percent up and BSE smallcap index trading 0.88 percent higher than its previous close.(IANS)

Mumbai: Indian equities markets around today noon slipped just below the last closing figure, with a key index falling 26 points lower than its previous close as profit booking kicked in.

The 30 scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which had opened at 11,997.37 points, was ruling at 11,849.57 points, 26.86 points or 0.23 percent lower than its previous close last Friday.
Similarly, the S&P CNX Nifty of the National Stock Exchange (NSE) was ruling at 3,611.75 points, 8.95 points lower than its last close.
Broader market indices were also trading in the negative terrain, with the BSE midcap index shedding 0.65 percent, while the BSE smallcap index was down 0.4 percent.
Of the 13 sectoral indices on the BSE, the indices for realty, FMCG and power stocks lost the most, while banking stocks gained.
The market breadth was negative with 995 stocks advancing, 1,129 declining and 99 remaining unchanged.
Top gainers included ICICI Bank, up 3.44 percent at Rs.538.50; ONGC, up 1.88 percent at Rs.899.50; HDFC bank, up 1.12 percent at Rs.1,156.30, and SBI, up 1.09 percent at Rs.1,339.60.
Losers around this time included DLF, down 2.75 percent at Rs.233.80; Hindustan Unilever, down 2.13 percent at Rs.227.95; Jaiprakash Associates, down 2.11 percent at Rs.139.10, and Ranbaxy, down 2.10 percent at Rs.174.40.
In other Asian markets, profit booking saw the Nikkei, a key index of the Tokyo Stock Exchange, sliding into the red but managing to crawl back just above its last close at 9,451.98 points, a rise of 19.15 points.
The Hang Seng, the primary index of the Hong Kong Stock Exchange, was ruling 289.2 points up at 17,679.07 points.(IANS)