The HP government is planning to merge loss-making public sector undertakings (PSUs) with the State's Industrial Development Corporation to improve their financial situation. Reliance Retail plans to open at least three cash-and-carry outlets in the next 6-8 months in Tier-II cities. Vijay Mallya's fertilizer company scrapped its Rs. 500 crore plan to set up a unit to sell fruits and vegetables. Bharti entered the mobile handset business through group firm Beetel launching eight phones priced between Rs. 1,750-7,000 available through 4,000 outlets across several states. Intex Technologies will enter the television segment selling color TVs and LCDs