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A memorial of legendary industrialist and founder of Reliance Group Dhirubhai Ambani, was inaugurated on Wednesday in Chorwad town in Junagadh district, in the presence of the entire Ambani family.

Pizza Hut is on a big expansion spree in India. It plans to almost double the number outlets in the country by 2015.
It said the profit margin of the corporate sector has dipped, which indicates its reduced pricing power in the wake of rising raw material and input costs.
GVK Power denies that it has entered into any agreement with Singapore's Changi Airport to sell a stake in its airport business.
Internet giant Yahoo may shed its substantial holding in China's Alibaba Group and in its Japanese affiliate in transactions totalling about $18 billion.