A look at the headlines in this sector right now:

  1. Petrol pumps to remain shut on Sundays from May 14 unless Centre meets dealers’ demands: A consortium of 53,000 fuel bunk operators is also considering cutting back working hours to a one-time shift of eight to nine hours.
  2. Newly incorporated companies will get PAN, TAN within a day: The Central Board of Direct Taxes has tied up with the Ministry of Corporate Affairs to promote ease of doing business.
  3. There is no pay gap at Google, says company ‘surprised by US government’s accusation’: The allegations made by the US Office of Federal Contract Compliance Programs came without any supporting data or methodology, they said.
  4. Supreme Court stops Tata and Adani Power from charging more for power in five states: The companies had wanted to increase tariffs after Indonesia, from where they source coal, changed its export laws in 2010.
  5. Lok Sabha passes amendments to Motor Vehicles Act that includes heavy fines for traffic violators: Road Transport Minister Nitin Gadkari said the Bill seeks to save lives, crack down on fake driving licences and bring in transparency to the sector.
  6. Shares of D-Mart’s parent company Avenue Supermarts cross Rs 50,000-crore mark on Monday: D-Mart has now become the world’s most expensive brick-and-mortar retailer, The Economic Times reported.
  7. Government to issue instructions to hotels, restaurants about food portions to stop wastage: The cap will be applicable for ‘standard hotels’ only, and not dhabas that ‘usually serve thalis’.