KOLKATA - Kolkata-based Paharpur Cooling Towers Limited, with a turnover exceeding Rs.1,000 crore, has formed a special purpose vehicle (SPV) with a Mauritius-based private equity fund Pragnya Fund-I to execute real estate projects.

CHANDIGARH - Faced with a big backlog in supply of LPG cylinders in Punjab, Indian Oil Corporation, which supplies cylinders under the brand name Indane, has asked its distributors across the state to remain open even on Sundays and holidays to clear the backlog.

KOLKATA - CeMAT India, the international trade fair for materials handling and logistics, will be held in Mumbai Dec 15-18.

MANALI - Twenty motorcyclists from four cities, jointly covering a distance of 24,000 km over the next 30 days, hope to promote safe riding practices in India, an official said here Wednesday.

NEW DELHI - Even as ties between India and Pakistan remain frosty, India Wednesday told a visiting 12-member Pakistani trade delegation that Islamabad should grant New Delhi Most Favoured Nation (MFN) status and called for a five-fold increase in bilateral trade.