Mehta's exit and Hilton's entry would see the company making history in India, where women have remained out of the chairperson's slot in energy companies, private or state-run.
Aviation companies plan to join hands for importing aviation turbine fuel (ATF) in a bid to bring down their fuel bills.
On the contrary, cotton exports are eligible for claiming one per cent duty drawback.
The companies are in talks with Shell, Petronet LNG to book capacity
The Comptroller & Auditor General of India has castigated the Maharashtra government for alleged irregularities in the sale and allotment of land in the past eight years, resulting in loss to the exchequer.
Stay out of Mumbai surveillance project, may seek new allies for future
India's gross domestic product (GDP) can grow at seven per cent or more, provided the process of reforms is expedited, the World Bank has said.
Nitin Gadkari, national president of the Bharatiya Janata Party, had Reliance Industries chairman Mukesh Ambani to 'high tea' last evening at his Nagpur residence. The meeting was termed a 'courtesy call'.
The Supreme Court order asking the government to implement the inter-linking of rivers project is expected to change the water situation. Former minister Suresh Prabhu, who headed the task force on this project during the NDA rule, explains the necessity of the project.
Infosys is close to signing an agreement with the state-run Maharashtra Airport Develop-ment Corporation (MADC) to set up an IT campus at an investment of Rs 460 crore (Rs 4.6 billion) at the Nagpur SEZ.
If the talks materialise, this would mark Hyundai's foray into the LNG terminal construction space in India.
Burdened with the impact of subsidising the retail losses of downstream oil marketing companies (OMCs), Oil India Ltd has asked the Union government to take the average of the last five years' net profit for calculating the proportionate share of upstream companies, against the current practice of the last three years' average.
After a long wait for government approval, Reliance Industries (RIL) is to begin work on development of four satellite fields -- D-2, D-6, D-19 and D-22 -- in India's largest gas field, block D6 in the Krishna-Godavari basin, or KG-D6.
The countdown for BG's stake sale in Gujarat Gas Company (GGCL) begins tomorrow. Three months after BG made its intention of divesting its stake clear, over half a dozen potential bidders are likely to submit non-binding bids for BG's 65.12 per cent stake in the country's largest natural gas distributor by sales.
Maharashtra Cabinet changes norms to make present occupiers of slums eligible for rehabilitation.
The state government move comes after cases of forgeries and fraud in property dealings increased. The circular has been issued by the Inspector General of Registration and Controller of Stamps.
One effect of the globalisation of Indian business has been the rise in the grant by companies to staffers of employee stock options.
Communication has instilled a sense of trust and belief among the employees.
Maharashtra is facing trouble on two fronts: economic development and fiscal management.
Though the ruling Congress and Nationalist Congress Party have punctured the Opposition's plan to cash in on anti-incumbency, price rise and corruption, in the municipality poll results in Maharashtra, it is a wake-up call for the former. The Congress, which had emerged as the single largest party in the 2009 assembly elections and bagged 17 seats in the Lok Sabha elections held in the same year, failed to keep its tempo as its NCP partner won more seats.
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