Kausik Datta &Amp; Rakteem Katakey In Mumbai

Stories by Kausik Datta &Amp; Rakteem Katakey In Mumbai

Develop mines or leave: Ranchi tells Sesa Goa

Develop mines or leave: Ranchi tells Sesa Goa

Rediff.com   16 Apr 2007

Sesa Goa has received a showcause notice from the Jharkhand government asking it why its prospective licence for iron ore mines in the state should not be cancelled.

RIL has 28.7 mn shares for half its employees

RIL has 28.7 mn shares for half its employees

Rediff.com   16 Apr 2007

Reliance Industries, the country's most valuable company, has launched an employee stock option scheme to reward nearly half of its workforce.

RIL scouts for K-G gas buyers

RIL scouts for K-G gas buyers

Rediff.com   13 Apr 2007

With the price of gas from its fields in the Krishna-Godavari basin expected to be higher than rivals, Reliance Industries is targeting automobiles and domestic users because power and fertiliser plants may not be able to afford it.

We will make you beautiful: Esprit CEO

We will make you beautiful: Esprit CEO

Rediff.com   11 Apr 2007

Selling garments is a boring job, says Heinz Krogner, Esprit Global Group CEO.

Tatas to go in for Rs 3,500 cr rights issue

Tatas to go in for Rs 3,500 cr rights issue

Rediff.com   11 Apr 2007

Sources close to the situation said the Tata Steel board is slated to discuss the issue at its meeting on April 17.

Petrol, diesel  prices to hold for now

Petrol, diesel prices to hold for now

Rediff.com   11 Apr 2007

The Ministry Of Petroleum and Natural Gas has ruled out a hike in the prices of petrol and diesel in the near future even as the price of the Indian basket of crude oil continues to remain above $65 a barrel.

LPG hard to come by

LPG hard to come by

Rediff.com   10 Apr 2007

Even as Minister of State for Petroleum Dinsha Patel has told the Rajya Sabha that new connections are easily available for genuine customers, householders all over India are facing an acute shortage of LPG cylinders.

New refineries to slip on slack demand

New refineries to slip on slack demand

Rediff.com   5 Apr 2007

India may be trying to become a crude oil refining hub but the country's apex planning body has raised doubts on the feasibility of adding more refining capacity.

RIL likely to dole out ESOPs next quarter

RIL likely to dole out ESOPs next quarter

Rediff.com   5 Apr 2007

Reliance Industries, the country's largest private sector company, has decided to introduce employee stock options by the next quarter

Mittal looking to prune Bathinda stake

Mittal looking to prune Bathinda stake

Rediff.com   5 Apr 2007

There seem to be some more delays in the pipeline for the decade-old Bathinda refinery project of Hindustan Petroleum Corporation in which Mittal Investments recently announced its decision to pick up 49 per cent stake.

GAIL, Reliance to lay gas grid jointly

GAIL, Reliance to lay gas grid jointly

Rediff.com   4 Apr 2007

The competition between the two main players vying to lay cross-country natural gas pipelines has undergone a volte-face.

Ace deal-maker whom the Ambanis trust

Ace deal-maker whom the Ambanis trust

Rediff.com   3 Apr 2007

India's ace deal-maker explains what allowed him to represent both Dhirubhai Ambani and Nusli Wadia while being on Essar Shipping's board.

VSNL may demerge telecom business

VSNL may demerge telecom business

Rediff.com   31 Mar 2007

The existing company is expected to continue as the holding arm of its huge real estate assets.

Workers reject stake in Tata Tea estates

Workers reject stake in Tata Tea estates

Rediff.com   28 Mar 2007

Major shareholders to buy workers' shares in northern gardens.

Transnational pipelines face uncertain future

Transnational pipelines face uncertain future

Rediff.com   24 Mar 2007

The big-ticket transnational gas pipelines that India was planning seem to be in trouble. Although the government maintains that the three pipelines

Indian Oil to reconsider Panipat unit expansion

Indian Oil to reconsider Panipat unit expansion

Rediff.com   20 Mar 2007

Hindustan Petroleum Corporation's upcoming Bathinda refinery in Punjab has forced Indian Oil Corporation to reconsider its plans to expand its refinery at Panipat to 21 mtpa.

'Sons demerge, brothers split!'

'Sons demerge, brothers split!'

Rediff.com   16 Mar 2007

An interview with Bajaj Hindusthan Limited CEO Kushagra Bajaj.

Bajaj feud spills over to trusts

Bajaj feud spills over to trusts

Rediff.com   16 Mar 2007

Shishir Bajaj, the estranged brother of group patriarch Rahul Bajaj, and his son Kushagra have sought a 25 per cent share in the assets controlled by these trusts.

Govt may reimburse ONGC Rs 850 cr

Govt may reimburse ONGC Rs 850 cr

Rediff.com   15 Mar 2007

The Ministry of Petroleum and Natural gas is likely to reimburse Oil and Natural Gas Corporation almost Rs 850 crore (Rs 8.5 billion) for the cost of exploration and development work in pre-NELP oil fields in the past.

Reliance Retail eyes foreign buy

Reliance Retail eyes foreign buy

Rediff.com   15 Mar 2007

The company reportedly in talks with a dozen firms overseas for an acquisition.