Firm makes Rs 4,858-crore loss on Rs 10,799-crore income.
In January this year, with a view to cutting the subsidy on diesel, the government had decreed that all bulk users, such as the railways, state transport corporations, armed forces and all commercial establishments, would be charged the market price for diesel.
This is likely to put a brake on the fast pace at which Aadhaar cards have been issued so far to more than 400 million people.
The Land Acquisition Bill, passed by Parliament last month, will either make projects unviable or expensive for large infrastructure or real estate projects.
We dance on every small achievement and forget the long-term objectives: Ajit Gulabchand, MD, Hindustan Construction Company.
After a string of extremely low and even negative monthly numbers, the industrial sector grew by 2.6 per cent year on year, far exceeding expectations.
The stock market responded to his speech by going up by over two per cent; the rupee also gained in strength, by about 1.45 per cent, against the dollar.
India Inc enables the US' frostiness to India.
Between 2000, when Steve Ballmer became the chief executive officer of Microsoft, and now, when he has announced his retirement, the company's earnings have more than doubled and its revenues have increased over three-fold.
While the motives of the Bill are of course laudable, there is every likelihood that the consequences of its passage will be dire.
Liability goes up by Rs 1,000 cr for every Rs 1 change in $ exchange rate
This could mean an end to the talks for a possible partnership between the two firms in the multi-brand retail space -- less than a year after 51 per cent foreign investment was allowed in the sector.
Senior company officials said the funds would be used to expand its financial services business in rural India where the group would be opening more branches.
The mood at the Indian Institute of Management, Ahmedabad (IIM-A) is festive, with one of its alumnii, Raghuram Rajan taking over as the next Reserve Bank of India (RBI) governor.
RIL, Essar, Adani have sounded bankers to raise funds abroad in the coming weeks
Lawyers say open offer must for twin stake purchase to meet Sebi rules.
We are serious about setting up a bank and use the parent branding that is a household name in India, says Venugopal Dhoot.
Needs funds for Odisha plant expansion, to cut high debt.