According to reports, the Mexican auto supplier Metalsa SA de CV announced that it is not engaged in talks with Tata Motors Ltd about making Tata vehicles in Mexico.

Moreover, the Mint, a national business daily newspaper in India, reported that Metalsa, a unit of privately held Mexican corporation Grupo Proeza, was in talks with Tata about building cars in Mexico.

In the meantime, the newspaper cited two unidentified sources.

Moreover, Metalsa supplies components, like body stampings and chassis frames for commercial vehicles and has a presence in 10 nations, including India.

According to reports, a Mexico-based multiplex operator, Cinepolis is eyeing to expand its footprint in India.

The company entered India in 2009 and hopes to invest US$350 million (RS1600 crore) in the next five years to operate 50 screens in 40 cities.

The company, which was founded in 1971 in Mexico, becomes the world’s fifth biggest movie theater circuit, operating 2,257 screens in 240 cinemas in six nations. The company runs its screens under four brands than span segments.

Further, the company has a total workforce of 15,190 people.

According to sources, GMR Infrastructure has lifted around USD 315 million in a share sale to mostly foreign investors.

Moreover, it was said that the Bangalore-based GMR, which builds and manages airports, roads and power plants, such as in Europe, Mexico and Australia, received good interest and the company increased the offering size from an initially set USD 250 million.

While talking to media, a source said, “Foreign investors bought 88 percent of the sale, with half of the total demand coming from Europe and the remaining from Asia.”

Oil Company Halliburton has recently announced a decline of around 45 percent in its first quarter revenue.

Halliburton is the company, which also involved in construction and supplying the troops with expensive products during the height of the Iraq war. Profits declined 4 percent too during this period.

Industrial gas supplier Praxair Inc. has recently announced that its Mexico business has signed a deal to supply oxygen to Johnson Controls Inc. for use in battery recycling.

However, financial conditions of the deal were not revealed.

Meanwhile, the Praxair Mexico unit will establish and operate a vacuum pressure swing adsorption plant, which separates different types of gases. Further, the plant will supply approx 140 tons of oxygen ona daily basis to Johnson Controls, which will use it in a process that recovers the lead from lead acid batteries.

Just few days after being raided by United States Immigration and Customs Enforcement, two of the four Tucson-Mexico shuttle van firms here accused of smuggling humans into the United States were back in business.

However, it wasn't exactly business as usual for them.

According to recent reports, Mexico's auto industry continued recovering at a constant speed in the month of March, with production, exports and domestic sales all climbing from the year-ago month.

Moreover, as per the statement released by the Mexican Auto Industry Association, or AMIA, “Production was up 85% from March 2009 at 190,091 units.”

Further, it said that exports increased 61 percent to 163,641 units, and domestic sales, which have been lagging the rebound in external demand, increased by 1.8 percent to 64,414 units.

The Mexican Football Association recently declared that they will not play against Portugal in a friendly match on 30th May.

Mexico had queued up a game against Carlos Queiroz's men as a part of their rigorous preparations for the World Cup in South Africa.

But they are now seeking new new opponents after the two organizations failed to resolve the problems.

While talking to reporters, Mexican FA president Nestor De la Torre said, “The match against Portugal will not be played because they haven't been able to resolve some details.”

According to recent reports, New Mexico Rail Runner passengers will now be able to enjoy the commuter train's new Wi-Fi system, which is set to begin on Monday.

Moreover, a group of around 50 members had been given access to check the system over the last several months. However, the concluding test stage will be open to all passengers for the next 90 days to work out any pending bugs in the system.

It was also announced that the new Wi-fi service for passenger will be of free of cost. It will be accessible in the trains as well as at each station between Santa Fe and Belen.

Mexico's peso strengthened to its highest level since depths of the global recession as strong construction activity in US was likely to offer its southern neighbor a boost.

Mexican peso gained 0.675 pct to 12.30 pesos per U. S. dollar aided by data that expressed that United States manufacturing increased in the month of March at its fastest spped in over five years.

The dollar gained against the euro and yen whereas growing market currencies were generally assisted by the U. S. financial data.