- Union Home Ministry denies security clearances to Kalanidhi Maran backed Sun TV Network; channels may go off air.
- Rajasthan Government enters into a pact with Essel Group to set up solar parks in the state.
- Pharma majors GlaxosmithKline & Sanofi India face penalties worth Rs. 60 crores and 3 crores respectively for indulging in unfair trade practice.
- Bombay High court bars Mr. Diwan Arun Anand & Mr. M R Srivasanto take charge in Yes Bank as Independent Directors upto June 18.
- Competition Commission closes case against IATA(International Air Transport Association) due to lack of evidence.
Source: Economic Times
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