Jan 10: 'Nano' is born. The world's cheapest car costing Rs 100,000 unveiled at 9th Auto Expo in Delhi by Ratan Tata.

Jan 15: India's largest IPO by Reliance Power to raise Rs 11,000 crore (Rs 110 billion) opens. The issue closed on
Jan 18 but was hammered in the market on debut. The company issued bonus shares to retain investor confidence.

Feb 8: Developer Emaar MGF Land Ltd calls off Rs 7,000 crore (Rs 70 billion) IPO following poor investor response.

Mar 11: Real estate firm BPTP strikes India's biggest ever land deal by shelling out Rs 5,006 crore (Rs 50.06 billion) for a 95-acre commercial plot at Noida. As financial crisis deepens, the company is now facing problems paying the sum.

Mar 26: Tata Motors [Get Quote] announces agreement with Ford Motor to acquire Jaguar Land Rover for $2.3 billion.

Apr 19: Cancer drug maker Dabur Pharma [Get Quote] acquired by Singapore-based Fresenius Kabi for nearly Rs 1,000 crore (Rs 10 billion).

May 6: Telecom operator Bharti Airtel [Get Quote] in talks with South Africa's MTN Group for a deal that would give it presence in 21 African and Asian countries.

May 24: Bharti Airtel backs out from MTN deal.

May 28: Anil Ambani-run Reliance Communications [Get Quote] begins discussions for reverse merger with MTN. Talks fail in July.

June 11: Japanese drug firm Daiichi Sankyo acquires control of Ranbaxy [Get Quote] for over Rs 22,000 crore (Rs 220 billion) -- essays biggest Indian pharma industry deal.

June 18: India gets first commercially available hybrid car when Honda Siel launched its Civic Hybrid priced at Rs 21.5 lakh (Rs 2.15 million).

June 25: Idea Cellular [Get Quote] acquires 40.8 per cent stake in a smaller rival Spice Communications for about Rs 2,700 crore (Rs 27 billion).

June 27: Russia's Severstal outbids Essar's $1.2 billion offer for US-based Esmark.

July 11: Gurgaon-based WNS (Holdings) Ltd acquires UK insurance major Aviva's [Get Quote] BPO business Aviva Global Services (AGS) for around $228 million (Rs 980 crore).

Aug 8: South Korean steel giant Posco gets approval from Supreme Court to go ahead with its Rs 51,000 crore (Rs 510 billion) steel project in Orissa after getting environmental clearance.

Aug 11: Low-cost airline Spicejet secures $100 million investment from Goldman Sachs and WL Ross.

Aug 21: Apple's iPhone makes India debut.

Sep 16: US Foods and Drug Administration bans 30 drugs manufactured by Ranbaxy Laboratories at its two facilities in Dewas and Poanta Sahib.

Sep 23: UAE telecom giant Emirates Telecommunications Corp (Etisalat) buys about 45 per cent of Swan Telecom for up to $900 million.

Sep 26: HCL Technologies [Get Quote] makes a cash offer of 650 pence a share for acquiring UK-based SAP consulting firm Axon Group.

Oct 3: Tata Motors pulls out of Singur, where it planned to set up the mother plant for Nano at an investment of Rs 1,500 crore (Rs 15 billion).

Oct 7: Tata Motors announces new Nano plant will come up at Sanand in Gujarat at an investment of Rs 2,000 crore (Rs 20 billion).

Oct 8: TCS [Get Quote] acquires 96.3 per cent stake in Citigroup Global Services Ltd, the BPO outfit of the American bank, for $505 million.

Oct 13: Jet Airways [Get Quote] and Kingfisher Airlines form operational alliance to cut costs.

Oct 15: Jet Airways lays off 1900 of its employees in various work profiles. Two days later, company Chairman Naresh Goyal orders reinstatement of all the sacked employees.

Oct 30: Real estate major Unitech sells 60 per cent stake in telecom venture Unitech Wireless to Norway-based Telenor for Rs 6,120 crore (Rs 61.20 billion).

Nov 4: Kolkata-based FMCG firm Emami completes acquisition of Zandu Pharmaceuticals.

Nov 12: Japan's largest mobile operator by users, NTT DoCoMo picks up 26 per cent stake in mobile and wireline operator Tata Teleservices [Get Quote] for $2.7 billion.

Nov 21: Dabur India [Get Quote] acquires 72.15 per cent stake in women's skin-care company Fem Care Pharma [Get Quote] (FCPL) for Rs 203.7 crore (Rs 2.037 billion).

Dec 11: State-owned telecom operator MTNL [Get Quote] launches third generation (3G) services.

Dec 16: India's fourth largest IT firm Satyam [Get Quote] Computer announces acquisition of Maytas Properties and Mytas Infra for $1.6 billion.

Dec 17: Satyam calls off acquisition after angry shareholders response. Since then, four of the company's independent directors have quit.

Dec 23: Country's third-largest software services provider Wipro [Get Quote] agrees to buy Citi Technology Services Ltd from Citigroup for about $127 million.

Dec 25: World Bank says Satyam barred from doing business with it for eight years; Reliance Petroleum [Get Quote] commissions its 580,000 barrels per day refinery at Jamnagar.

Dec 31: Stock market benchmark Sensex closes trading for the year down 69 points at 9,647.31. It had peaked to 21,206.77 points in January.