Kalpana Pathak &Amp; Abhijit Lele In Mumbai

Stories by Kalpana Pathak &Amp; Abhijit Lele In Mumbai

Oil companies at crossroads over govt diktat on retail outlets

Oil companies at crossroads over govt diktat on retail outlets

Rediff.com   19 Nov 2013

Investment can only be by prospective dealers.

Indian consortium in race to bag $2-bn stake in Russia LNG project

Indian consortium in race to bag $2-bn stake in Russia LNG project

Rediff.com   5 Nov 2013

Yamal LNG is a joint venture owned by OAO Novatek with 80 per cent and Total S A holding 20 per cent stake OAO Novatek holds 60 per cent stake in Yamal LNG, while Total S A and China National Petroleum Corp hold 20 per cent each

FM to grill govt banks' chiefs on Tuesday

FM to grill govt banks' chiefs on Tuesday

Rediff.com   21 Oct 2013

Meet to review progress on lending, impact of recent rate cuts and what is being done on NPAs, among other things

Real wages in India expected to quadruple by 2030

Real wages in India expected to quadruple by 2030

Rediff.com   28 Sep 2013

On the other hand, wages in the UK and US are projected to rise by a third by 2030

Sliding rupee, RBI moves turn tide for NRI deposits in July

Sliding rupee, RBI moves turn tide for NRI deposits in July

Rediff.com   12 Sep 2013

All categories of NRI deposits saw net inflows in July.

SpiceJet inks aviation fuel pact with RIL

SpiceJet inks aviation fuel pact with RIL

Rediff.com   12 Sep 2013

Sources aware of the development said as part of the project, the airline had signed an agreement with Reliance Industries Ltd, which would extend quality control services at its coastal terminals for ATF imported by the airline.

Corporate debt restructuring cases to come under scanner

Corporate debt restructuring cases to come under scanner

Rediff.com   7 Sep 2013

The government is set to carry out a performance review of companies that have opted for corporate debt restructuring (CDR).

Banks to rework home loan math

Banks to rework home loan math

Rediff.com   5 Sep 2013

After RBI's missive on proxy lending to builders, it's time to reshuffle.

Reliance Industries may reward shareholders again

Reliance Industries may reward shareholders again

Rediff.com   4 Sep 2013

Goldman Sachs report says company might buy back shares.

Rupee fall brings cheer to Reliance Industries

Rupee fall brings cheer to Reliance Industries

Rediff.com   28 Aug 2013

In the last 3 months, rupee has depreciated 16% against dollar.

ONGC, RIL, BG set to invest Rs 950 cr in Panna oil and gas field

ONGC, RIL, BG set to invest Rs 950 cr in Panna oil and gas field

Rediff.com   21 Aug 2013

BG Exploration and Production India, a part of UK-based BG group and Reliance Industries, hold 30 per cent stake each in the field, while ONGC has a participating interest of 40 per cent.

ONGC's stake sale talks with ConocoPhillips, Shell hit roadblock

ONGC's stake sale talks with ConocoPhillips, Shell hit roadblock

Rediff.com   16 Aug 2013

The company has been in talks with ConocoPhillips and Shell for some time. It now says the MoD's stringent norms on exploration in 'no-go' areas is posing a big challenge in taking the deal forward.

Now, private power firms may shock banks

Now, private power firms may shock banks

Rediff.com   16 Aug 2013

Rs 50,000-cr loans for 15,000-Mw projects could be heading for restructuring.

RIL loses interest in city gas distribution

RIL loses interest in city gas distribution

Rediff.com   16 Jul 2013

Reliance Gas, which had successfully bid for three cities -- Rajahmundry in Andhra Pradesh, Shahdol in Madhya Pradesh and Yanam in Pondicherry -- during the second round of bidding for CGD in 2009.

Hotels plan to switch back to dollar rates for foreigners

Hotels plan to switch back to dollar rates for foreigners

Rediff.com   10 Jul 2013

Over 60-70% of the guests at five-star hotels are foreigners. However, hotels say, if dollar remains at this level, the mix could change.

Oil India in talks to buy stake in Petroceltic's Algerian asset

Oil India in talks to buy stake in Petroceltic's Algerian asset

Rediff.com   2 Jul 2013

Petroceltic is headquartered in Dublin with offices in Edinburgh, London, Algiers, Varna, Cairo and Rome.

Gas price hike soothes industry's nerves

Gas price hike soothes industry's nerves

Rediff.com   29 Jun 2013

Reason behind for the change in his stance: gas price increase.

SBI to turn aggressive against defaulting firms

SBI to turn aggressive against defaulting firms

Rediff.com   26 Jun 2013

SBI was slow in filing and following up on winding-up cases.

I-T dept slaps Rs 30-cr service tax notice on Amity

I-T dept slaps Rs 30-cr service tax notice on Amity

Rediff.com   24 Jun 2013

The notice also said service tax amounting to Rs 28.08 crore (Rs 280.8 million), in addition to education cess of Rs 56 lakh and secondary and higher education cess of Rs 28 lakh (Rs 2.8 million) for the period between October 2007 and September 2012, should be recovered from Amity under the provision to sub-section 1 of section 73 of the Finance Act.

FII pull outs sway rupee with dollar

FII pull outs sway rupee with dollar

Rediff.com   11 Jun 2013

Significant investors in government bonds FIIs have been net sellers since May 22.