EXECUTIVE DIGEST

ONGC, OIL gas may cost more 

The government may soon raise prices of natural gas produced by state-owned ONGC and Oil India by as much as 30%, petroleum secretary S Sundareshan said on Monday. Current rate of $1.79 per million British thermal unit is less than half of the $4.2 per mmBtu price of gas from KG-D6 field of RIL. 
Maruti's millionth car rolls out today: Maruti Suzuki will join the league of carmakers producing one million or more units a year on Tuesday, a feat that comes soon after its overtook its parent company Suzuki Motors in terms of sales. 
Lupin's insomnia drug gets nod in US: Drug maker Lupin on Monday said its US-based arm Lupin Pharmaceuticals has received a tentative approval from the US health regulator FDA for Eszopiclone tablets used in the treatment of sleep disorder. 
Dhanlaxmi Bank launches credit cards: Dhanlaxmi Bank on Monday announced its foray into retail assets business with the launch of its credit cards business targeted at its premium customers. 
NSDL cuts settlement fee for DPs by 10%: The National Securities Depository (NSDL) has reduced the settlement fee charged to Depository Participants (DPs) by 10%, from Rs 5 to Rs 4.50, per debit instruction. 
Shree Renuka concludes Brazilian firm acquisition: 
Shree Renuka Sugars has completed the acquisition of Vale Do Ivai (VDI), Brazilbased sugar and ethanol production company. 
Future Group launches 'Sach' toothpaste: Kishore Biyani-promoted Future Group has forayed into the toothpaste category under the 'Sach' brand —co-created with Sachin Tendulkar — and will launch more products under the same label by the end of 2010.

EXPECTING MORE: Indra Nooyi-led PepsiCo anticipates 2010 earnings growth of 11% to 13% and low-double-digit profit growth for 2011 and 2012