Kalpana Pathak And Rutam Vora In Mumbai

Stories by Kalpana Pathak And Rutam Vora In Mumbai

Turmoil gives sleepless nights to textile makers in Surat

Turmoil gives sleepless nights to textile makers in Surat

Rediff.com   9 Oct 2013

The industry is losing Rs 20 crore a day, as consignments stalled just before festivities.

Onion prices start peeling but sentiment still sour

Onion prices start peeling but sentiment still sour

Rediff.com   8 Oct 2013

Prices start downward trend but rainfall, supply restrict climbdown.

Rains damage Rs 700 crore worth of crops in Gujarat

Rains damage Rs 700 crore worth of crops in Gujarat

Rediff.com   4 Oct 2013

According to the initial estimates, the flooding of rivers and heavy rainfall has caused damage to the agriculture crop to the tune of Rs 700 crore (Rs 7 billion) in the state.

Corporate executives fall in love with Gandhian literature

Corporate executives fall in love with Gandhian literature

Rediff.com   2 Oct 2013

More and more corporates are appreciating Mahatma Gandhi's books as gifts.

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

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.

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.

Diamond sector fears default on import payments

Diamond sector fears default on import payments

Rediff.com   29 Aug 2013

While gem and jewellery exports have slowed in recent months, the escalating dollar value has put diamantaires in a problem on payments against import of rough diamonds.

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.

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.

ICICI Bank for more branch expansion

ICICI Bank for more branch expansion

Rediff.com   25 Jun 2013

The largest private sector lender is also looking to open a full-fledged branch in China, where it already has a representative office, managing director and CEO, Chanda Kochhar said during the bank's 19th annual general meeting in Vadodara.

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.