Probal Basak And Shine Jacob

Stories by Probal Basak And Shine Jacob

Govt panel to review LPG subsidy scheme, expect result by May

Govt panel to review LPG subsidy scheme, expect result by May

Rediff.com   13 Mar 2014

The government appointed panel will look at the difficulties consumers faced in receiving the subsidy after buying gas cylinders at market rates.

Gas price set to be doubled from April 1

Gas price set to be doubled from April 1

Rediff.com   10 Mar 2014

Govt notification on $8.4 a unit price likely by month-end

RIL, its partners may not get higher gas price despite Cabinet intervention

RIL, its partners may not get higher gas price despite Cabinet intervention

Rediff.com   3 Mar 2014

Gas price hike seems to be a distant dream for Reliance Industries and its partners--Niko Resources and BP.

Past subsidies rollover to hit fiscal adjustment

Past subsidies rollover to hit fiscal adjustment

Rediff.com   12 Feb 2014

For 2014-15, the bill on this account is likely to be 12.8% more than in 2013-14.

RIL's KG-D6 spend exceeds approved limit: CAG audit

RIL's KG-D6 spend exceeds approved limit: CAG audit

Rediff.com   3 Feb 2014

The govt auditor also indicts DGH and management committee of D1 and D3 fields

Moily effect: Coal India poised for a bright future

Moily effect: Coal India poised for a bright future

Rediff.com   23 Jan 2014

M Veerappa Moily's takeover of the environment & forests ministry last month, it appears, is turning out to be a blessing for Coal India Ltd (CIL), the world's largest coal producer.

PSU consortium to quit Egyptian petro blocks

PSU consortium to quit Egyptian petro blocks

Rediff.com   2 Jan 2014

This comes even after the Indian ambassador there had said this would affect the interests of other Indian companies.

No magic wand left with Kejriwal to rollback CNG prices

No magic wand left with Kejriwal to rollback CNG prices

Rediff.com   30 Dec 2013

The likely solution that appears before the AAP government is to seek for a higher quota of domestic natural gas for Delhi, which would bring down auto and cooking gas prices.

Chatterjee out, Mitra gets additional charge of Bengal's industry ministry

Chatterjee out, Mitra gets additional charge of Bengal's industry ministry

Rediff.com   27 Dec 2013

While it was no secret that Mamata was upset with Patha Chatterjee for a while as he has hardly been successful in bringing any big-ticket investment, there is a strong buzz that it was the controversy over the HPL bid that finally influenced her decision.

OilMin to seek higher diesel price increase

OilMin to seek higher diesel price increase

Rediff.com   26 Dec 2013

Ministry to propose a new subsidy mechanism to cap upstream firms' share.

Saradha: Relief cheques ready but 60% of investors missing

Saradha: Relief cheques ready but 60% of investors missing

Rediff.com   9 Dec 2013

About 85% of complaints received were related to investments of less than Rs 10,000 each.

Now, energy ratings for LPG stove

Now, energy ratings for LPG stove

Rediff.com   19 Nov 2013

Star ratings would be applicable for diesel pumps in the agriculture sector.

Biz as usual, The Lalit says it hasn't got closure notice

Biz as usual, The Lalit says it hasn't got closure notice

Rediff.com   17 Nov 2013

Delhi Pollution Control Committee has asked water & electricity providers to cut supply

RIL may be allowed to charge new price for KG-D6 gas

RIL may be allowed to charge new price for KG-D6 gas

Rediff.com   10 Nov 2013

Could get $8.4 per mmBtu from April 2014 by furnishing bank guarantee that would be encashed if D1, D3 gas hoarding proved

Pawan Ruia's slipping turnaround tag

Pawan Ruia's slipping turnaround tag

Rediff.com   5 Nov 2013

Dunlop & Jessop head for closure & new ventures abroad yet to inspire but tycoon says he's still going strong.

Indian consortium in race to bag $2-bn stake in Russia LNG project

Indian consortium in race to bag $2-bn stake in Russia LNG project

Rediff.com   5 Nov 2013

Yamal LNG is a joint venture owned by OAO Novatek with 80 per cent and Total S A holding 20 per cent stake OAO Novatek holds 60 per cent stake in Yamal LNG, while Total S A and China National Petroleum Corp hold 20 per cent each

Top execs in PSUs may get extension

Top execs in PSUs may get extension

Rediff.com   23 Oct 2013

The run-up to next year's general elections might see some of the top executives of government-run companies getting unlucky. And, the period could become the best in the lives of those waiting in the wings.

KG-D6 wells' output could touch zero by 2021-22

KG-D6 wells' output could touch zero by 2021-22

Rediff.com   22 Oct 2013

The 25-year production sharing contract, however, ends in 2029.

RIL's wait for higher gas price to get longer

RIL's wait for higher gas price to get longer

Rediff.com   12 Oct 2013

Mukesh Ambani's Reliance Industries (RIL) might be denied a higher gas price from its D1 and D3 fields until the arbitration process with the government is over and a third-party expert report on the fall in output at the KG-D6 block is out.

India pushing Iran to accept Rs for oil imports

India pushing Iran to accept Rs for oil imports

Rediff.com   1 Oct 2013

Keeps open the option to make payments in yen or yuan in the face of sanctions