Wednesday May 7, 2008

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Reliance shuts all of its 1,432 petrol pumps  

New Delhi, May 6:
Reliance Industries has shut all of its 1,432 petrol pumps in the country after sales dropped to almost nil as it could not match the subsidised price offered by public sector competition.
 
UK cos fined for employing Indians illegally  

London, May 6:
Several companies, including Indian restaurants, have been fined over 500,000 pounds for employing illegal immigrants from India, Pakistan and other non-European Union countries.
 
`India may ban trading in food futures`  

London, May 6:
India is considering shutting down on trading in food futures, the Financial Times Tuesday quoted Finance Minister P Chidambaram as saying.
 
Yes Bank appointed project advisor in MP 

Bhopal, May 6:
YES BANK, India's new age private sector Bank, has been appointed by Madhya Pradesh State Tourism Development Corporation Ltd. (MPSTDC), as Project Advisor to develop tourism ...
 
Mahindra, Billimoria to develop MIHAN  

Mumbai, May 6:
The Mahindra Group's real estate and infrastructure arm Mahindra Lifespaces and B E Billimoria have won a bid to develop a 25-acre residential project at Multi-modal Internal Hub Airport (MIHAN) at Nagpur.
 
Economy to grow at 8-8.5% 

New Delhi, May 6:
The government can consider some more measures to contain inflation if prices do not soften going ahead, Planning Commission Deputy Chairman Montek Singh Ahluwalia said today.
 
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