Oil firms' borrowings could fall by up to Rs 15,000 cr, govt's subsidy bill by 12% .
ICICI Bank, the country's largest private sector lender, has introduced an equated monthly instalment (EMI) option for its customers on debit card purchases.
The company declined to disclose the names of the firms it was acquiring as the regulatory clearances and some negotiations are still in process.
The two parties -- the Centre and Vodafone -- have sought a few more weeks to decide on the matter.
LIC, ICICI Bank, PNB to have nominees on board; firm asked to sell non-core assets.
Company will be engaged in the manufacturing, distribution, marketing and retailing of waste to bio-diesel, a non-petroleum based fuel.
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Says high inflation has to be reversed to achieve sustainable GDP expansion.
Largest deal in thermal power space; Lanco to use proceeds to lower debt.
Company says that this is a long-term plan as it continues to evaluate options.
According to him, since India has a low fiscal deficit, a low current account deficit and lower inflation, there is no need for being too dependent on foreign money for growth.
Global brokerage Nomura has increased its one-year target of benchmark BSE Sensex to 30,310.
SBI-led consortium of 17 banks had a total exposure of about Rs 6,500 cr to Kingfisher Airlines.
Chairman Emeritus of the $100-billion Tata Sons, Ratan Tata, on Tuesday called for better co-operation and collaboration among sectors. He urged the government and industries to collaborate in a more proactive manner.
Konnect to be phased out as airline struggles to contain losses.
Key relaxations traced in final regulations.
FM says government policies aim to contain inflation, spur growth.
Firms are still barred from holding board positions in the special purpose vehicle that will develop the airport.
The Central Electricity Regulatory Commission (CERC) has said the first 660-Mw unit of Reliance Power's 3,960-Mw Sasan ultra mega power project (UMPP) could not achieve its "full load" in March 2013 and rejected the company's plea to appoint an independent technical committee to look into the readiness of that unit.
The airline reported a loss of over Rs 1,000 crore last fiscal which is five times higher than its 2013 loss.
India Inc has an impressive report card to show for the first quarter of this financial year.
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