India expects investments of $14 billion in its ninth licensing round for exploration blocks, Oil Minister MurliDeora said on Friday.

India is offering 34 oil and gas blocks in its latest exploration round which is being launched on Friday. In its previous eight rounds of auctions, New Delhi has awarded 235 blocks.

Honda is recalling nearly 127,000 City and Fit compact cars in Brazil over a gas pedal defect that could cause unwanted acceleration, the

Japanese automaker said Friday.

The problem cars were made in Brazil from May 2008 and October 2010 and sold only in Brazil. A

total of 126,774 are being recalled.

Dust particles may get inside the accelerator pedal's sensor, causing the pedal in some cases to

get stuck and the car is unable to stop, according to Tokyo-based manufacturer of the Insight hybrid

and Odyssey minivan.

Japan's Suzuki Motor said on Friday it will recall a total of 90,617 units of four passenger car models in Japan, due to a possible defect in the door mirrors. The recall will start on Saturday, the company said in a statement.

India's Tata Motors said on Friday its September global vehicle sales rose

19 percent to 86,996 units from a year earlier.

Jaguar and Land Rover sales in the

month rose 16 percent to 19,528 units, it said in a

statement.

The company, India's biggest truck maker,

also makes utility vehicles and cars,

including the world's cheapest car Nano

jaguar Land Rover (JLR) is to invest billions of pounds Britain and no longer plans to close one of its three auto plants in England after

reaching an agreement with trade unions.

JLR, which is owned by India's Tata Motors , said it would be significantly increasing the number of models in its range and creating thousands of jobs over the next decade. Last year Tata said it would merge two of its JLR plants

in England as part of a business plan to tackle the impact of the economic downturn on demand for vehicles, which had seen its manufacturing

running at less than 60 percent of capacity.

The agreement, which the GMB and Unite trade unions will recommend their members accept, includes a pay rise of 5 percent in November this year with a further rise of at least 3 percent next November.. More than 14,000 workers are employed at JLR's five British sites, which include three manufacturing plants. Tata bought Jaguar and Land Rover from Ford in June 2008 for about $2.3 billion.