Kalpana Pathak &Amp; Katya B Naidu

Stories by Kalpana Pathak &Amp; Katya B Naidu

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.

Welspun Energy to set up solar parks

Welspun Energy to set up solar parks

Rediff.com   11 Jul 2013

The Welspun group's energy business has plans to set up solar energy parks across four states.

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.

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.

Tata Power's nimble steps see lower equity investment

Tata Power's nimble steps see lower equity investment

Rediff.com   23 Jun 2013

In the next three years, Tata Power will invest anywhere between $150-200 million.

Reliance retail units set for merger

Reliance retail units set for merger

Rediff.com   6 Jun 2013

Reliance Industries Limited (RIL) is set to carry out a major restructuring exercise. Nine of its retail units would be merged with Reliance Retail and Reliance Fresh.

Maruti saves Rs 354 crore in 2012-13 with employee help

Maruti saves Rs 354 crore in 2012-13 with employee help

Rediff.com   2 Jun 2013

The company adopted the scheme from parent Suzuki, where employees are rewarded for making suggestions to improve productivity and cut wastage.

Rangarajan's formula to BENEFIT Reliance: Ex-Secretary

Rangarajan's formula to BENEFIT Reliance: Ex-Secretary

Rediff.com   29 May 2013

The price would increase from $4.2/mbtu to $10/mbtu if Rangarajan formula is accepted.

IndianOil plans Rs 11,000-cr capex for this year

IndianOil plans Rs 11,000-cr capex for this year

Rediff.com   28 May 2013

A large part of this investment, about Rs 5,000 crore (Rs 50 billion), would go to the Paradip refinery

Branded fuels stop flowing

Branded fuels stop flowing

Rediff.com   27 May 2013

Oil marketing companies decrease distribution & production of fuel brands after huge drop in demand.

Airtel, Aircel woo data users with Rs 1 plans

Airtel, Aircel woo data users with Rs 1 plans

Rediff.com   10 May 2013

Analysts say the next phase of growth for telecom operators would be driven by data businesses, as voice call rates have stabilised and growth in subscriber numbers has reached a point of stagnation.

Essar hopes for Kenya telecom break-even next year

Essar hopes for Kenya telecom break-even next year

Rediff.com   18 Apr 2013

The operator was acquired four years earlier by Essar, when the latter had more telecom ventures, such as the 33 per cent stake in Vodafone Essar, and also owned telecom towers.

RIL to start production from NEC-25 gas block by 2019

RIL to start production from NEC-25 gas block by 2019

Rediff.com   17 Apr 2013

RIL also reported measures taken to check falling output in the KG-D6 field.

B-schools increase course fee by 10-15%

B-schools increase course fee by 10-15%

Rediff.com   17 Apr 2013

B-schools cite high inflation and rising operational costs behind the move.

Infrastructure slowdown dents Welspun's growth hopes

Infrastructure slowdown dents Welspun's growth hopes

Rediff.com   2 Apr 2013

Welspun now wants to shift focus back on the core business of steel and pipes rather than the big-ticket infrastructure sector.

Solar power: Mahindra Group sees 500-Mw opportunity

Solar power: Mahindra Group sees 500-Mw opportunity

Rediff.com   1 Apr 2013

The company plans to leverage its presence in rural areas; looking at off-grid solar products as well

Payment hiccups worries L&T Infra Finance

Payment hiccups worries L&T Infra Finance

Rediff.com   28 Mar 2013

Five to eight per cent of projects from the loan portfolio of L&T Infrastructure Finance face a payment problem, says its chief executive officer, Suneet K Maheshwari.

Channel war: Everyone 'wins' in Budget ratings

Channel war: Everyone 'wins' in Budget ratings

Rediff.com   8 Mar 2013

An ET NOW advertisement thanked viewers for making it the Number 1; its version had 55 per cent market share, while CNBC had 42 per cent.