The mine is likely to yield 37 million tonnes of kimberlite, containing about 27.4 million carats of diamonds and has a life of 25 years.
One crucial revenue source that can help the government achieve its fiscal-deficit target is the proceeds from the sale of its stakes in public sector companies.
Lt Governor says discoms must cooperate or face cancellation of licences. Ficci cries interference.
The shift to gross calorific value-based grading of coal aligned domestic prices with international benchmarks.
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Delayed clearances for coal blocks, as well as companies' own failure in developing mines, appear to have had a financial implication of Rs 1.46 lakh crore (Rs 1.46 trillion) for the country.
Infra major's entry could queer the pitch for Jaypee and Hindustan Semiconductor.
Indian manufacturers are concerned about losing market share to Chinese makers.
The run-up to next year's general elections might see some of the top executives of government-run companies getting unlucky. And, the period could become the best in the lives of those waiting in the wings.
Imported components account for up to 30% of the firm's total production cost.
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Likely to set the ball rolling for Rs 1.72-lakh-cr projects today
General Motors' Tavera recall prompts Union government to formulate a stricter policy.
The good news is that within the first 14 months, orders for manufacturing and commissioning of the entire 88,537 Mw capacity for the 12th Plan have been placed, according to the Central Electricity Authority, the country's apex power planning body.
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Following adverse media reaction to the June 27 decision of the Cabinet Committee on Economic Affairs, the finance ministry had issued an office memorandum asking the petroleum ministry to see if there was a way to make RIL clear its gas supply backlog at the existing price.
Tata, Adani, Lanco to be hit as Indonesia may ban export of low-grade coal
Affected firms note practical problems in getting discoms, consumers to pay for costlier supply; viability shadow on investments
Clamping down on the delays in repatriating foreign exchange earnings, the Reserve Bank of India (RBI) has tightened norms for special economic zones (SEZs), asking them to realise and bring back full value of goods and services to India within a year from the date of export.
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.
A deal with the Assam government, which holds majority stake in the company through Assam Industrial Development Corporation Ltd, is likely by October.
R-Power, Essar could be hit as state mulls benefit-sharing levy for ecology loss.
Business opportunity after phased diesel deregulation the main trigger.
