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Cong nominees defeated in Amravati, Chandrapur
The ruling Congress in Maharashtra on Monday received yet another jolt after the party candidates lost Amravati and Chandrapur constituencies to BJP nominees in the election to the Maharashtra Legislative Council. Congress party's co partner Nationalist Congress Party comfortably won in the Konkan and Parbhani constituencies while both NCP and Shiv Sena candidates got 224 votes in Nashik.

Bombay High Court to hear suit against petrol price hike
The Bombay High Court will Wednesday hear a public suit against the recent hike in petrol prices. Acting on the suit filed Monday by Rajendra Phanse, the court issued notice to the central government, the petroleum and natural gas and finance ministries and three oil marketing companies.

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Rupee rises for third day in a row
After hitting a record low of 56.40 against the dollar last week, Indian rupee strengthened for the third consecutive session Monday, helped by the Reserve Bank of India's intervention and improved cues from the global markets.

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Reliance Communications posts Rs.332 crore net profit
India`s second-biggest telecom service provider Reliance Communications Monday reported a 78 percent increase in net profit at Rs.332 crore for the quarter ended March 31 against the previous quarter.

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Sensex closes 200 points on stronger rupee
Supported by firm global cues and a stronger rupee, a benchmark index for Indian equities market closed nearly 200 points up Monday. Robust buying was seen in banking, power and consumer durables stocks.

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46 die in road accidents across 3 states
/Kolkata/Chennai, May 28 (IANS) At least 46 people have been killed and 55 injured in road accidents in three states, once again highlighting the lack of safety measures on India's highways.

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