Business Daily from THE HINDU group of publications
Friday, June 29, 2007


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Subscription

Group Sites

News Update as at 18.00 hrs (IST)


Variety
CPI(M) embarrassed after partymen open Reliance outlets

KOCHI: A red-faced CPI-M has reprimanded an MLA and Kochi Corporation's deputy mayor after they inaugurated two retail outlets of the Reliance group here.

The party is protesting the entry of multinationals and corporate houses in the retail sector. Much to its embarrassment, party MLA Mr C M Dinesh Mani and Deputy Mayor Mr C K Manisankar recently inaugurated two Reliance outlets in Kochi.

Clarifying his stand, Mr Mani said he had inaugurated the outlet in his constituency without realising it was that of the corporate house.

According to Mr Mani, a friend of his had suggested to him that he should inaugurate the outlet and that it was not a pre-determined programme.

Mr Manisankar too apologised profusely to the party for inaugurating an outlet of the Reliance group and blamed his friends for the 'faux pas'.

CPI-M's Ernakulam district secretariat reprimanded the two leaders yesterday for their action and warned them for going against the party's policies. The matter has been referred to the party's state committee since Mr Mani is a state committee member, p arty sources said.

Traders in Kerala had on Wednesday observed a statewide shutdown against the entry of multinationals and big corporate houses in the retail sector. - PTI

Prev: IDBI sells 2 per cent stake in NSE for $50 million
Next: Spencer's Retail launches 40 stores this week


Business Line | NUS Index |


Related Topics
Errors & Omissions Expected
Ex Parte
India Interior
Reflections
Say Cheek
Sticklish Singles



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line