NEW DELHI, February 1 – BUSINESS STANDARD – The finance ministry has developed a new sovereign comparative rating method, which would be a part of this year's Economic Survey. The index, called the “Comparative Rating Index for Sovereigns” (CRIS), is based on Moody’s ratings and data on the gross domestic product (GDPs) of different nations as given by the International Monetary Fund, said Chief Economic Adviser Kaushik Basu. The index has been developed keeping in mind the fact that when an investor searches across nations for a place to put money, the relative rating of nations is important. Major credit rating agencies give out sovereign credit rating of each nation as an absolute grade. – ECONOMIC TIMES – On 30 Jan, in Paris addressing the fourth India-France CEOs Forum, Commerce and Industry Minister Anand Sharma also said that In the coming two decades, India will see investments in excess of $100 billion in the nuclear power sector alone and at least a quarter of these will come from France. The forum, comprising heads of leading businesses in France and India, was initiated by President Nicolas Sarkozy and Prime Minister Manmohan Singh in 2008 following Sarkozy's state visit to India, signifying the growing bilateral commercial ties. – ECONOMIC TIMES – Swedish commercial vehicle-maker Scania today announced that it will invest $ 30 million to set up a manufacturing facility in India in the next one year. The proposed plant in Bangalore will roll out 2,000 heavy haulage trucks and 1,000 inter-city buses and coaches over the next five years. The company, which has been present in India with a partner, Larsen & Toubro (L&T), since 2007, has now formed a new entity -- Scania Commercial Vehicles India. – ECONOMIC TIMES – After establishing themselves in southern India, Dubai-based halal fast food chain ChicKing has opened its first outlet here in north India, promising unique and lip-smacking dishes to Delhi residents. Claiming that the unique recipes and products by ChicKing will easily create a strong brand loyalty, Mansoor is hoping that the success in south India will be repeated in the north as well. ChicKing has a global presence of 85 outlets in 11 countries and intends to start 50 outlets in the national capital region. – ECONOMIC TIMES – The Gurgaon based low cost airline IndiGo has launched eight new flights starting February 1 and 10, the airline said in a media release on Tuesday. The new flights will add flights to IndiGo's network from the fast growing cities of Ahmedabad, Bengaluru and Lucknow to Delhi. Of these, Bengaluru flights will be daily while Ahmedabad and Lucknow will be four times a week. A new flight, direct from Bengaluru to the western city of Jaipur, which is a tourist hub will also be launched. IndiGo currently has 307 flights connecting 31 cities in the country.