The government has fixed a lower sugar sale quota of 3 million metric tonne for the July-September quarter as against 4.4 million tonne during the previous quarter, an official statement said on Tuesday.
Changed economic environment, both domestically and globally, has prompted the RBi to scale up its monetary intervention, RBI deputy governor Rakesh Mohan has said.
World oil supply will rise more slowly than expected by 2013, leaving little spare capacity on the market despite weaker demand growth, the International Energy Agency said on Tuesday.
The productivity of public sector banks in 2007-08 increased significantly. Leading the pack was IDBI Bank which emerged the most efficient, leaving behind 25 other banks in the three parameters employed to determine the efficiency of India's state-run public sector
Bombay Dyeing Chairman Nusli Wadia and K Raheja Corp's C L Raheja may opt for an out-of-court pact to settle a dispute on the development of 200 acres of prime land in Malad, in the western suburbs of Mumbai, said
The worldwide softness in the sector has ensured there are few takers for these aircraft; those who had leased the aircraft to Indian carriers will invoke a hefty penalty if the machines are sent back to them.
ONGC Videsh, the overseas investment arm of state-owned Oil and Natural Gas Corporation, is one of 41 global oil corporations shortlisted by the Iraq government to develop its oil fields. Iraq has the world's largest proven oil reserves.
The property of the manufacturers and service providers evading taxes could be attached by the tax man for up to two years to recover the dues, a circular issued by the Central Board of Excise and Customs (CBEC) said. The
At a meeting here today, the Chief Minister Naveen Patnaik gave green signal to the state-owned Industrial Development Corp (IDCO) to set up the aluminium park in a joint venture with Nalco. While Nalco was identified as an anchor tenant
At the end of the day's trade the scrip closed at Rs 81.50 after opening at Rs 110. It had touched an intra-day high of Rs 139.80 and a low of Rs 77.55 on the BSE. The company listed 2.80
FIIs bought shares worth Rs 3,117.64 crore and offloaded shares worth Rs 2,908.21 crore, resulting in a net investment of Rs 209.43 crore, provisional data available on the BSE. Domestic Institutional Investors also were net investors in shares worth Rs
We intend to raise about 30-40 million dollars (approx. Rs 150 crore) through private equity to fund our expansion programme for the next two years," Future Logistic Solution, CEO Anshuman Singh told on the sidelines of Pure & Play Retail
Kamat, who met Congress President Sonia Gandhi, said the people of the state are opposed to SEZs. "We do not want anything against the wishes of the people," he added. AICC General Secretary B K Hari Prasad, who is also
The Commission turned down the plea of the Carpet Export Promotion Council which contended that it was a autonomous, financially and functionally, and the transparency law was not applicable to it. "CEPC is not only substantially financed by the Government
Sources said Kingfisher's flight to Ahmedabad, Air India and Deccan Air's flights to Bagdogra, Jet Airways' flight to Port Blair and SpiceJet's flights to Bangalore and Delhi will be discontinued. Airline officials said more flights to different destinations in North-East
Jointly addressing mediapersons Hyderabad, Capt Christopher, Vice-president Flight Operations, Richard Hrische, Regional General Manager, Asia and Rajeev Nambiar, General Manager, India said that Airlines Network Streteches from Europe to Asia and Hyderabad is the eighth destination in India. The daily
If Monday saw long queues in front of most of the petrol bunks in the city of Chennai, Tuesday saw most of them closed with the sign, 'No petrol. No diesel.'
The wealth management platform with a host of unique features would be available to high networth individuals having investible surplus of over Rs 25 lakhs (Rs 2.5 million), Reliance Money CEO Sudip Bandyopadhyay told reporters. Currently, high networth population of
Tata Motors' Rs 1-lakh car Nano will dramatically change the company's market position, reach and visibility, although high fuel prices have cast a cloud on overall vehicle sales, company chairman Ratan Tata said on Tuesday. In his statement to shareholders
