Centre retains powers to decide on the timing to open up: Experts.
The ordinance to facilitate e-auction of coal blocks to private firms for captive use is intended to clean up the mess that has crippled the sector and contributed to the UPA’s defeat in the summer elections.
An Indian-origin portfolio manager, sentenced to nine years for his role in the most lucrative insider trading scheme in US history...
On a quarter-on-quarter basis, growth eased to 1.9 per cent versus expectations of 1.8 per cent and down from 2 per cent in the second quarter.
Last week, GoAir had announced a discounted ticket scheme for travel between October 21 and 30.
However, PNB’s provisioning towards bad assets grew 13.37 per cent to Rs 3,300.69 crore.
An email sent to Blacktone, which owns 7.02 per cent stake in FTIL, went unanswered.
Move to ensure recovery of dues for investors hit by Rs5,600-cr ‘fraud’.
Special public prosecutor RS Cheema sought time to advance the arguments on cognisance on the closure report in the case.
The director general said that he had heard from WTO members “a willingness to engage in this conversation, and to do all we can to find a way forward”.
The crash occurred around midnight Moscow time as his Dassault Falcon was taking off for Paris in poor visibility.
Construction at Hero’s fifth plant at Halol, Gujarat, will also start next month while a sixth domestic plant in Andhra Pradesh will be built starting next year.
Payments of Bonus Act to be amended; eligibility ceiling to be raised to Rs18,000.
The investment will be utilised to scale up Kalyan’s manufacturing capabilities and expand its distribution reach over the next two years.
The government had last sold 5 per cent stake in ONGC in 2012, raising Rs 14,000 crore.
The fresh guidelines have also removed the annual capacity for production of defence items.
State-owned oil marketing companies surge up to 7.38%; auto sector jumps too.
Union Cabinet also approved new domestic gas pricing policy which will be effective from November 1.
Govt will not give the new price benefit to Reliance Industries Limited until the issue of supply shortfall is resolved.
The firm has maintained that it has not violated any laws and would defend its position.
Subramanian has also co-authored papers with his predecessor in the finance ministry and now Reserve Bank of India Governor Raghuram Rajan.
Opens consultations with stakeholders, pharmaceutical industry voice opposition.
Starts for single-family houses rose just 1.1 per cent in September, contributing to an 11 per cent gain during the past 12 months.residential housing, real estate, real estate market, property prices
As the scenario is not too bright for real estate players even in the festive season, they are looking to sustain sales by offering discounts.
The government announced 50 per cent support for training in MSMEs yesterday.
An FIR was registered by the ACB against RIL and former oil ministers Veerappa Moily and Murli Deora on the Centre’s decision to increase gas price.
Nationalised banks have not complied with the Banking Regulation Act, 1969.
Flexible terms, better pricing to give company more headroom.
On September 24, the apex court had quashed the allocation of 214 out of 218 coal blocks allocated since 1993.
It pitched for a joint conclusion of the Bali package that was agreed upon in December last year.
Indian lenders need to gather nearly $40 billion in capital over the next four years to comply with the so-called ‘Basel III’ package of global banking rules.
On September 30, SBI had cut interest rate on medium-term deposits (one year to less than three years maturity) by 25 basis points to 8.75 per cent.
Revenue up 13.5% to R23,816 crore in Q2; Firm bullish on FY16.
More than Rs1,000 crore was sent abroad via fake Bills of Entry in recent months.
The retail inflation, for the month, too, had fallen to 6.46 per cent, inching closer to RBI’s target of 6 per cent by March 2015.
The aircraft taken on lease are in service with the carrier for seven years and 16 planes have already been taken out of service after having completed seven years of service.