Akhilesh Prasad Singh, Union Minister and Rashtriya Janata Dal MP, allegedly assaulted the station manager of Kingfisher Airlines at Patna Airport on Monday. The incident took place when he was not allowed to board Patna-Kolkata flight, as he reported late at the airport.

In a statement, Kingfisher Airlines, giving a detailed account of the happenings, said: “Considering the fact that the aircraft had begun taxiing, our Airport Manager told Singh that he could not join the flight as we were told that he was not coming. That was when Singh assaulted and abused our Airport Manager in the VIP lounge in the presence of several witnesses.”

LG Electronics, a global leader and technology innovator in consumer electronics, is looking at selling one million monitors during this fiscal. 
The company is targeting to sell one million monitors (both CRT and LCD) in 2008-09, of which 6.5 lakh are in the LCD space and 3.5 lakh will be CRT monitors.

LG Electronics, a major player in the global flat panel display, has recently entered into the B2B space for corporate and enterprise customers to increase sales. 

Public sector lender UCO Bank has notified that it would cut prime lending rate by 50 basis points by next week.

The bank has stated in a release that it has decided to cut PLR by half a per cent and ALCO (Assets and Liability Committee) of the bank would meet on November 10 to review the interest rate scenario.

State-run gas utility Gas Authority India Limited (GAIL) has informed that it has signed a Co-operation agreement with Government of Himachal Pradesh to link the hill state with the national gas grid.

GAIL was setting up gas pipeline networks from Uttar Pradesh to Haryana to Punjab and finally to Himachal Pradesh. The 610-km long Dadri-Bawana-Nangal pipeline, which will pass through Uttar Pradesh, Delhi, Haryana and Punjab entails an investment worth Rs 25 billion.

Punjab National Bank (PNB) has entered into an agreement with Mother Dairy, a wholly-owned subsidiary of National Dairy Development Board, to benefit the milk producers in Uttar Pradesh. 

According to the sources, the tie-up would ensure better prices for their produce and time-bound payment through smart cards, to be distributed by the bank.

PNB stated in a release that, a pilot project has already been launched in Bulandshahr district in western UP. 

Maytas Infra Limited, A Hyderabad-based infrastructure Development Company, has bagged a Rs 39 crore order from South West Infrastructure Private Ltd., a group company of Jindal Steel Works (JSW). 

This is Maytas Infra’s second order from Jindal Steel Works. 

The recent order involves construction of township for the employees of JSW Power Project coming up near Rathnagiri district of Maharashtra State in an area of 11,000 sq. mts. The project entails construction of 3BHK units of 18 flats, 2 BHK units of 132 flats, and 96 Hostel units.