Delayed compensation and rising working capital requirement force oil marketing firms like IndianOil to turn to borrowings.
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.
Red signal for Mumbai Metro Phase II.
This would translate into construction of 15 million sq ft of floor space index or about 20 mn sq ft of saleable area.
Appoints Foster Wheeler as consultant to prepare project report.
Battle lines have been drawn between the ruling Congress-NCP government and opposition parties for the two-week winter session of the Maharashtra legislature, starting on Monday in Nagpur.
India's civil nuclear liability regime has raised serious questions about the country's capacity addition programme. In an interview with Sanjay Jog, G R Srinivasan, former vice-chairman of the Atomic Energy Regulatory Board and currently principal associate-nuclear power business in GMR Energy Ltd, says the regime is tremendously unbalanced and may adversely affect the nuclear capacity addition programme.
The residential real estate prices in Powai and adjoining areas are around Rs 25,000 per sq ft.
Govt expects to award contract to the lowest bidder by February.
Land acquisition issues & costs a big query; Cidco wants these fully addressed before calling preliminary bids.
Whether Thackeray's death would bring together Uddhav and his estranged cousin, Maharashtra Navnirman Sena (MNS) chief Raj Thackeray, to avoid a division in Marathi votes, remains to be seen.
Chavan continues to survive despite strong criticism from coalition partner Nationalist Congress Party, notes Sanjay Jog.
Cidco has asked the Maharashtra government to withdraw its August 2008 decision to allot 100 hectares for just Rs 300 crore to Videocon.
Bond issue oversubscribed 15 times despite gloomy sovereign rating.
RIL is peeved with the govt for blocking of approvals and non-revision of gas price produced from its underperforming KG-D6 block.
Breakfast meeting between Timothy Geithner, US treasury secretary, leading industralists due Wednesday.
J G Kulkarni, executive vice-president at Crompton Greaves and newly appointed president of the Indian Electrical & Electronics Manufacturers' Association speaks to Businsess Standard on the challenges and opportunities.
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.
Any rise in charges has to be approved by the Airports Economic Regulatory Authority, which is examining MIAL's proposal.
Bengal minister says Mamata's pullout from UPA will not hit capital flow.
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