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Issue in two months for Australian projects; group to invest another $15 billion in infrastructure projects by 2020.
ONGC's chairman and managing director Sudhir Vasudeva tells Business Standard that any price for natural gas that is more than $4.2 a unit is good for the company.
The two companies have approached banks to raise up to Rs 8,000 crore as debt to fund their expansion plans.
A deal with the Assam government, which holds majority stake in the company through Assam Industrial Development Corporation Ltd, is likely by October.
Some investment bankers expect the Indian currency to touch 60-65 by the end of the year
Business opportunity after phased diesel deregulation the main trigger.
R-Power had produced the test certificate claiming March 30, 2013, as the date of commissioning.
SBI says recovery process on as no court stay yet.
Many top firms have had to write down their investments, as the value of those have collapsed due to sluggish biz conditions.
First right of refusal may be limited to firms working under NELP, leaving out pre-NELP blocks run by big firms such as RIL and Cairn India.
CEOs point fingers at rural job guarantee and related govt welfare schemes; say mechanisation an increasingly viable option.
Lack of time was cited as the main reason for Bharti Chairman Sunil Mittal's exit from the Unilever board.
Railway officials said important projects at crucial stages would now be stuck for a long time.
Bansal's exit came at a time when some good investment and policy decisions were expected.
Merchant bankers appointed to explore options on merger or stake sale in Tata Teleservices.
However, foreign investors have completely shunned the infrastructure sector.
This year, Coal India plans to gauge the domestic market through a tie-up with MMTC and State Trading Corporation.
Bharti was talking to Standard Chartered Bank and Citibank, among others, to manage the issue.
These companies gave annualised returns of 11% on an average in the last five years, while shareholders of family-owned companies saw 5% annualised erosion
The finance ministry has rejected the formula and, instead, suggested an alternative that takes into account well-head prices of suppliers in Qatar, Oman, Abu Dhabi and Malaysia.
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