S&P also cut China?s GDP growth forecast to 7.5%t and that of rest of Asia.
Kurien was always clear that the cooperative was a business model, says Amrita Patel.
As the news of Kurien's demise spread across the state, Anand -- otherwise a sleepy town of Gujarat, woke up to thousands of farmers from far and near who poured in to pay their last tribute to the man who transformed this small town into the milk capital of India.
Last February, the Education Promotion Society of India, Association of Indian Management Schools and Jaipuria Group of Institutions filed a petition in the Supreme Court challenging the AICTE notification, dated December 28, 2010, which curtailed Post Graduate Diploma in Management institutions' autonomy on deciding fee structure, admissions, syllabus and examination.
With the investment, the company's refining capacity will rise 60 per cent from the present 65.7 million tonnes per annum (mtpa) to 105 mtpa by 2022.
Though the number of IIMs has gone up in the past two years -- from seven to 13 -- the pool of companies which these B-schools approach for placements, remains largely the same.
The Western Ghats Ecology Expert Panel report, submitted by ecologist Madhav Gadgil last year, was further delaying the Rs 30,000-crore (Rs 300-billion) refinery project of Hindustan Petroleum Corp Ltd (HPCL) in Maharashtra, a senior official of the state-run oil marketing firm said. The project has already been delayed due to bureaucratic red tape.
India Gas Solutions the equal joint venture between the two companies, is looking to sell LNG to five power producers in Andhra Pradesh - GMR, GVK, Lanco Infratech, Sravanthi Energy and Konaseema Gas.
State-run Oil and Natural Gas Corporation (ONGC) will shortly farm out nearly 26 per cent stake in its KG-DWN-2004/6 block in the Krishna-Godavari basin to Japan's Inpex Corporation.
"Air India is unable to pay even after a 90-day credit period. They owe us about Rs 300 crore without interest. There is also no bank guarantee from Air India to any of the oil marketing companies. We do not know when will the company honour its dues," said a BPCL official on condition of anonymity.
To be second Indian company after Essar to have a refinery abroad
Acute cash crunch and dwindling sales has forced developers in Ahmedabad to try innovative ways to lure buyers.
In its latest annual report, IIM-A has said it generated a net surplus of Rs 6.83 crore (Rs 68.3 million) for fiscal 2010-11 against an operating loss of Rs 50.49 lakh (Rs 5.04 million) in 2009-10, and Rs 6.33 crore (Rs 63.3 million) in 2008-09.
Needed, it says, for covering its return and risks; also wants govt to stick to contract on output sharing
The silver jubilee celebrations for the Indian Institute of Management, Ahmedabad (IIM-A) seems to have fructified for the institute. Having hosted several alumni meets as part of its 50 years celebrations, the premier B-school has received close to Rs 40 crore (Rs 400 million) of fund commitments from previous batches.
When set up in 1993 by the Ranka family's Modern Group, this was the first terry towel manufacturing unit in the whole of Asia, to be followed by Welspun and Trident.
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.
The companies are in talks with Shell, Petronet LNG to book capacity
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