Inflation drops to 12.1% for week ended August 30 * GMR Energy to acquire coal mines in Indonesia, Africa * HPCL, Shree Renuka to set up sugar plant for ethanol * Indian Hotels plans 50 properties under new brand * NTPC to set up power project in Bihar * Euro falls to fresh one-year low on recession fears * India targets 20% biofuel blending by 2017 - Livemint
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