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Area under wheat in Punjab to touch 35.20 lakh hectares
There might be political uproar over the meager revision of MSP of wheat (Rs 20 per quintal hike), but the farmers in Punjab are firm on expanding the area under wheat cultivation. The state agriculture department is hopeful that this year also the total area under wheat would surpass the designated target of 35.20 lakh hectares.

3 Idiots set to rake in Rs 65 cr in first 3 days
3 Idiots has passed the cinegoer’s test with flying colours. The Aamir Khan-starrer raked in Rs 12.5 crore on Friday. Experts estimate the movie to net Rs 40 crore over the first weekend from the box office, with gross collections of Rs 65 crore. Khan’s last release, Ghajini, earned around Rs 40 crore net in the first four days, since the movie released on a Thursday. Aamir Khan said: “The response is huge, we are still gathering the enormity of opening collections. To match Ghajini’s opening day collections is something, to surpass Ghajini is completely overwhelming.”

News of the day

GUVNL aims to buy 1050 Mw from GSPC
Gujarat Urja Vikas Nigam Limited (GUVNL) is aiming to enter into a long-term power purchase agreement (PPA) with Gujarat State Petroleum Corporation (GSPC) for its upcoming power units.
Management

Ginger Hotels are 'Nano Taj': Ratan Tata

For the Tata group, which owns the luxury hotels brand Taj, Ginger Hotels are a sort of "Nano Taj" in terms of business. - Ginger Hotels plans 11 properties - Tanishq launches festive offer - NEWSALERT: Voltas director Kulkarni retires - Nano fetches premium in used-car market - Tata Capital to raise Rs 2,100 cr by end of next fiscal - Advance tax collections shore up in Q2 Ginger Hotels are the group"s chain of budget hotels. Tata group Chairman Ratan Tata termed Ginger Hotels as "Nano Taj" at Indian Hotels Company"s held annual general meeting. Group company Tata Motors a couple of months back had rolled out Tata Nano, the world"s cheapest car. "Taj Mahal Bombay was the company"s flagship property, which was also the highest revenue earner and the Ginger Hotels were in a manner of speaking the Nano Taj," Tata was quoted as saying in the minutes of the meeting filed with the Bombay Stock Exchange. He was responding to a query as to which is the most prestigious property and the hotel which give the maximum revenue for the Indian Hotels Company. Replying to another question on why the annual report did not have any coloured pictures, Tata said that it was due to the economic situation. "The colour pictures in the annual report had been cut off due to the economy drive this year and they were anyway available on the Taj website.


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