Kalpana Pathak &Amp; Rajesh Bhayani

Stories by Kalpana Pathak &Amp; Rajesh Bhayani

NSEL confident of settling dues ahead of schedule

NSEL confident of settling dues ahead of schedule

Rediff.com   19 Aug 2013

Exchange to reply to FMC's letter soon, CEO says buyers can't be declared defaulters where there is 'market disruption'.

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.

MCX sees bank guarantee withdrawal by brokers

MCX sees bank guarantee withdrawal by brokers

Rediff.com   9 Aug 2013

Brokers have only kept guarantees for which they have open positions.

July gold import estimate lower at 40 tonnes

July gold import estimate lower at 40 tonnes

Rediff.com   2 Aug 2013

Imports in July 2012 were 65 tonnes, said a bullion analyst.

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.

Shortage of gold hits diamond and jewellery units

Shortage of gold hits diamond and jewellery units

Rediff.com   11 Jul 2013

Govt restrictions on import biting deep; trade petitions for relief with units, workers idling.

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.

Silver up sharply as ratio trading picks up pace

Silver up sharply as ratio trading picks up pace

Rediff.com   30 Jun 2013

Ratio trading in gold and silver prices is a trading tool.

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.

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.

Gold RECOVERS half its earlier losses

Gold RECOVERS half its earlier losses

Rediff.com   28 Apr 2013

However, other commodities yet to see meaningful recovery in global markets

Gold imports might cross 900 tonnes: PMEAC

Gold imports might cross 900 tonnes: PMEAC

Rediff.com   24 Apr 2013

Gems & jewellery exports seen rising, too, as demand remains strong in all markets except Europe.

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.