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Gujarat High Court orders all vehicles to switch to CNG in 1 year
While most analysts expect the market to remain weak at least in the short term, Ramesh S. Damani, member, BSE, feels that the market may rally 8-10 per cent from the current levels. “Markets are likely to sustain the support levels. I would prefer to rem
26 Jul 2012, 09:10 AM IST 
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Anand Shimpi (Image courtesy: theverge.com)
The Gujarat High Court has ordered the state government to ensure that all public and private vehicles registered in the state switch to Compressed Natural Gas (CNG) within a year."State is directed to pass necessary orders within shortest possible period, at any rate not exceeding one year from today, compelling the owners of all vehicles having registration in Gujarat to use natural gas, and if necessary, even at higher prices, for...
