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Chidambaram's ultimatum to PSUs on surplus cash

Cash-rich Central Public Sector Enterprises (CPSEs) have to either invest their surplus funds or give it to someone for investment purpose, Finance Minister P Chidambaram has said. Presently,......

FM holds meeting with key officials on Re slide

Faced with the depreciating rupee, Finance Minister P Chidambaram on Wednesday held meeting with top officials and is understood to have discussed steps to check its slide against the US dollar.......

Govt asks cash-rich PSUs to invest funds in expansion

The Finance Ministry has asked cash-rich public sector companies (PSUs) to utilise surpluses for expansion and overseas acquisitions, a move that will promote investments and growth."We have asked......

FM gives final touches to the Budget

Finance Minister Pranab Mukherjee and other finance ministry officials have reached the last leg of pre-Budget consultations. After meeting representatives from various stakeholders, including the......

Moser Baer plans Rs 2000 cr plant in TN

Moser Baer, manufacturers of Compact Discs and Digital Video Discs, will be setting up a solar photovoltaic fabrication unit at Oragadam, about 40 km from Chennai, a top company official said on......
  Web results for Shaktikanta Das
Reliance seeks surety

New Delhi, April 9: Reliance Industries has asked fertiliser companies to provide security of payment based on the Rangarajan formula that was to... ...
RIL not budging on gas price hike from April 1

A week after agreeing to temporarily sell gas to fertiliser units on old terms, Reliance Industries Ltd (RIL) has written to these firms saying it... ...

Mukesh Ambani groups flagship company Reliance Industries (RIL) has refused to budge on the gas price hike from April 1, 2014 — after... ...
Fert Min notifies PK fertiliser subsidy rates for FY15

The Cabinet Committee on Economic Affairs (CCEA) on March 27 this year had approved subsidy of P&K (Phosphatic and Potassic) fertilisers for the... ...
India steals a deal on potash on breakup of Belarus cartel

Taking advantage of the breakup of the Russia-Belarus cartel, India drove a hard bargain for potash imports and clinched a deal at $322 per tonne... ...

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