IA has cut fares on the UAE to Delhi and Mumbai routes by 20 per cent. The one-way fare has been cut from Dh500 (about Rs 5,500) to Dh 400 (Rs 4,400), while the fuel surcharge remains same. The new
An empowered group of minister headed by External Affairs Minister Pranab Mukherjee, has decided that companies 'would sell gas to consumers in accordance with the marketing priorities determined by the government.' "The sale would be on the basis of formula
Finance Minister P Chidambaram on Friday downplayed the lowering of India's credit outlook by global rating agency Fitch, saying it is not a cause of worry as economic fundamentals are strong.
An analysis of private investment in public equity in 2007 shows that these deals in the country have lost funds to the tune of $850 million till July 14 this year. The loss can be attributable to high entry valuations
Reserve Bank of India Governor Y V Reddy has been awarded an honorary fellowship by the prestigious London School of Economics and Political Science for his contribution to the cause of the under-privileged.
The much-touted deal between Anil Ambani group company RCOM and South African telecom giant MTN was called off on Friday. "The two sides were unable to conclude the transaction due to certain regulatory issues," RCOM spokesperson said in
We always prefer long-term regulatory policies as we have to plan our businesses for long-term," Arun Sarin, the outgoing CEO of UK-based Vodafone Group, one of the world's largest mobile operators, said here.
The BSE Bankex soared 8% (461 points) to 6,189. The Realty index surged 5.5% (242 points) to 4,670, and the Oil & Gas index rallied 4.3% (380 points) to 9,232. The NSE Nifty moved up 145 points to settle at
He also made it clear that the government would not abdicate its responsibility in managing the economy saying it would be in office till the next elections. He was replying to queries on media reports about the influence of the
State-owned SCI, OIL, CONCOR and CIL have joined the league of navratna PSUs like GAIL and HAL as the government conferred the navratna status on these PSUs taking the number of navratna PSUs to 20.
The White House on Thursday threatened to veto legislation being considered by the U.S. House of Representatives that would force oil companies to give up undrilled federal leases and ban the export of crude drilled in Alaska.
People downloading songs onto their mobiles or just listening to such songs are liable to prosecution under the copyright act, according to officials of the IMI.
The govt severely criticised the implementation of CDM of United Nations, which aims at reducing the carbon emission and called for a new approach for ensuring green technology transfer from developed to developing countries.
Coal India Ltd and Aditya Birla Group company Essel Mining will explore possibilities of joint ventures with Australian coal mining companies and promote domestic mining equipments Down Under.
House of Representatives Speaker Nancy Pelosi said she is pushing for about $50 bn in a second election-year economic stimulus package being shaped by Democrats in Congress.
The headcount in Wipro's global IT services business dipped sequentially, as its employee size in Q1 FY '09 reduced to 61,345 people, from a strength of 62,070 at the end of Q4 FY '08.
State-owned SAIL asked the companies with whom it has long-term contracts for supply of HR coils to limit their retail margins within Rs 1,200 per tonne.
