Birla takes over as chairman after his group increased its stake to 51 per cent in November 2012 from the earlier 50 per cent.
Reliance Industries Holdings will now directly own stakes in Reliance Ports & Terminals, Reliance Gas and Transportation and Reliance Utilities and Power.
IOC protests, says have invested in these facilities over a period of time.
Hardcastle Restaurants to pay royalty of 8% of net sales by 2020, against the current 3%.
Delayed compensation and rising working capital requirement force oil marketing firms like IndianOil to turn to borrowings.
Average salary of the 100 best-paid directors is 1% of their companies' net profit.
As it gets ready for disinvestment of 10 per cent government equity through the offer-of-sale route in January, T K Ananth Kumar, director (finance), tells Jyoti Mukul the company is one of the cheapest explorers and producers of oil and gas, but awaits more predictability in the government-subsidy sharing mechanism.
Appoints Foster Wheeler as consultant to prepare project report.
Temasek is exiting by selling its 10 per cent stake while Network Digital Distribution Services will pare part of its 30 per cent stake.
Siva Group had mandated JM Financial to hunt for a buyer, but investors shied away from the Indian telecom industry.
Company proposes to in-source manufacturing and build healthy portfolios of national and regional brands.
The Aditya Birla group, led by Kumar Mangalam Birla, has taken charge of its mutual fund joint venture with Sun Life Financial of Canada by buying 1 per cent stake from the latter.
Talks in final stages, but both sides deny move.
Bond issue oversubscribed 15 times despite gloomy sovereign rating.
Actis was earlier negotiating with other private equity players, but changed its strategy after the government opened retail sector to foreign companies.
RIL is peeved with the govt for blocking of approvals and non-revision of gas price produced from its underperforming KG-D6 block.
Although the apex court's opinion on the Presidential reference comes at a time when the floppy bidding route for coal blocks is being criticised, it will not come in the way of allocation of natural resources through auctioning.
Mandatory pvt participation, annual tariff hikes, conforming to FRBM limits seen difficult.
IndianOil targets monthly 5,000-tonne polypropylene exports
About two million tonnes (mt) of condensates produced by the oil company were taken into account while apportioning the subsidy burden.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances