India has asked its top geological agency to explore additional reserves of 20,000 tonnes of gold and diamonds in several states in a bid to reduce the country's dependence on imported bullion.
After the Supreme Court order, the Central government has further made the multi-location research trials of new genetically modified crops tougher.
With prices of pulses playing a big role in the rising inflation rates in India, the government may allocate more funds for research in pulses development.
India's public sector steel companies will spend a whopping Rs 230 crore (Rs 2.30 billion) on corporate social responsibility to build 'Model Steel Villages' across the country during the current financial year.
The first Global Agro-Industries Forum will be organised in New Delhi from 8 to 11 April 2008.
The company emerged successful in the revised evaluated bids for the project.
When the Monopolies and Restrictive Trade Practices Commission shot off notices to 14 cement producers on July 25 for allegedly colluding to raise prices, it was New Delhi's latest flank against the industry.
The government plans to formulate a separate set of policies for regional airlines, Union Civil Aviation Minister Praful Patel said on Monday.
International no-frills budget carriers making a beeline for India.
Real estate major DLF announced a price band of Rs 500-550 a share for its upcoming initial public offering.
The salaries of Indian's ground staff, who have threatened to strike work over wage arrears, are on a par with their peers in Air-India (AI) and other private airlines.
WNS, for instance, has 1,200 people in Nashik, a tier II city. It is looking at expanding its presence in tier II cities.
Union Finance Minister P Chidambaram has asked public sector banks to go slow on disbursals of home and other consumption loans to help fight inflation.
Over 30 domestic pharmaceutical companies, including Ranbaxy, Cipla, Nicholas Piramal, Zydus Cadila and Torrent, face a possible ban on the sale of the generic version of Merck's pain management drug in the Indian market.
Thirty-four of the CEOs polled, or 89.5 per cent, said they would not scale down business projections for 2007-08, though 28 of them, or 73.7 per cent, expect money to become costlier.
The two petrol models of the Logan are priced between Rs 428,000 and Rs 644,000, while its diesel model's price range is Rs 547,000 to Rs 651,000. The range overlaps the pricing of the premium hatchbacks as well as of mid-size cars.
The country's leading steel companies were considering a price increase of Rs 1,000-2,000 per tonne from April 1, despite a partial rollback last month.
Tata Power, the country's largest private utility by sales, announced the acquisition of 30 per cent stake in two coal mining units and a related trading outfit of Indonesia's PT Bumi Resources for nearly Rs 4,740 crore ($1.1 billion).
Refrigerators or ACs could be dearer soon as the consumer durable companies start conforming to energy efficiency standards.
With the bidding for the generics business of Merck set to begin from Monday, domestic pharmaceutical companies in the fray, Ranbaxy Laboratories and Dr Reddy's Laboratories, are unlikely to go for an all-out bidding war.
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