Rakteem Katakey &Amp; Kalpana Pathak In New Delhi

Stories by Rakteem Katakey &Amp; Kalpana Pathak In New Delhi

PSU oil sale losses double in 3 years

PSU oil sale losses double in 3 years

Rediff.com   8 Feb 2008

Higher crude oil prices have almost doubled the under-recoveries of government-owned oil marketing companies -- Indian Oil Corporation, Bharat Petroleum and Hindustan Petroleum -- in the past three years.

Refund fees, AICTE to direct B-schools

Refund fees, AICTE to direct B-schools

Rediff.com   7 Feb 2008

The technical education regulating body plans to direct the institutions to refund the entire fee collected from the student after deducting processing fees, which cannot exceed Rs 1,000.

Executive course grads to bag huge salaries

Executive course grads to bag huge salaries

Rediff.com   6 Feb 2008

For executives who quit their cushy jobs to do a one-year post-graduate programme in management at reputed management schools, it could be a problem of plenty, with placement offers pouring in two months before their course comes to an end.

CAT to go online from November 2009

CAT to go online from November 2009

Rediff.com   4 Feb 2008

The directors of the seven Indian Institutes of Management (IIMs) will meet later this month to discuss details of a proposal to take the Common Admission Test (CAT) online by 2009.

Govt refineries to gain from FDI cap hike

Govt refineries to gain from FDI cap hike

Rediff.com   1 Feb 2008

State run refineries stand to gain as govt raised the FDI limit to 49 per cent from 26 per cent.

IITs to invest over Rs 1500 cr for virtual varsity

IITs to invest over Rs 1500 cr for virtual varsity

Rediff.com   29 Jan 2008

To be modelled on the Carnegie Mellon University.

Kakinada: Rice bowl set to be gas hub

Kakinada: Rice bowl set to be gas hub

Rediff.com   23 Jan 2008

Kakinada is fast turning from a rice growing area to a buzzing town, thanks to Reliance's gas terminal.

Former PSU honchos lead the private sector

Former PSU honchos lead the private sector

Rediff.com   22 Jan 2008

India Inc is looking at the public sector to steer its ambitions, as former PSU heads are taken on board to lead the private sector.

IITs feel the pinch, seek more funds

IITs feel the pinch, seek more funds

Rediff.com   16 Jan 2008

The Indian Institutes of Technology (IITs) have a 2008 budget wishlist. They want the government to grant them more funds to support their infrastructure expansions and research initiatives.

ONGC to offer BG, Noble stakes in India blocks

ONGC to offer BG, Noble stakes in India blocks

Rediff.com   14 Jan 2008

ONGC is close to finalising a stake sale in two of its blocks -- one in the Krishna-Godavari basin and another in the Mahanadi basin -- to British Gas. It is also talking to US-based Noble Energy for offering it stake in some of its blocks in India. ONGC has already agreed to give a stake to Brazilian company Petrobras, Norwegian company Norskhydro and Italy-based ENI in its countrywide blocks.

Foreign B-schools eye executive education

Foreign B-schools eye executive education

Rediff.com   9 Jan 2008

Foreign B-schools are finding great potential in India's growing economy and are therefore coming up with executive education programmes and centres here.

IOC: Insurance products, Oil & Chemist shops

IOC: Insurance products, Oil & Chemist shops

Rediff.com   9 Jan 2008

Company in talks with Reliance Capital, Apollo Pharmacy to offer new services at outlets.

CFA blinks, to seek AICTE approval

CFA blinks, to seek AICTE approval

Rediff.com   8 Jan 2008

The US-based Chartered Financial Analyst Institute has decided to approach the All India Council for Technical Education to seek approval for its India operations.

35% of fuel sales off price control

35% of fuel sales off price control

Rediff.com   8 Jan 2008

Branded fuels help oil firms cut losses.

Oil India chief on investment strategies

Oil India chief on investment strategies

Rediff.com   4 Jan 2008

Oil India chief reveals plans of the upcoming IPO and future investment strategies.

Centre prepares for Rs 2/litre petrol price hike

Centre prepares for Rs 2/litre petrol price hike

Rediff.com   4 Jan 2008

The proposed price increase, the first in 18 months, is likely to be in the range of Rs 2 per litre for petrol and Re 1 per litre for diesel, senior petroleum ministry officials said.

Oil PSUs plan big retail expansion

Oil PSUs plan big retail expansion

Rediff.com   3 Jan 2008

Indian Oil, Bharat Petroleum, Hindustan Petroleum to open over 3,000 outlets this year. Even losses of over Rs 300 crore (Rs 3 billion) per day from selling automobile fuels have not stopped government-owned oil marketing companies from expanding their retail network across the country.

Euro IV: Oil firms to invest Rs 30,000 crore

Euro IV: Oil firms to invest Rs 30,000 crore

Rediff.com   31 Dec 2007

The largest such refiner -- Indian Oil Corporation -- has earmarked over Rs 13,500 crore (Rs 135 billion) to meet these specifications (essentially lower sulphur and aromatic hydrocarbons) in petrol and diesel at its seven refineries.

IOC plans cost cut to offset retail losses

IOC plans cost cut to offset retail losses

Rediff.com   27 Dec 2007

Indian Oil Corporation (IOC), the country's largest oil refiner and marketing company, is looking to cut operating costs in order to offset the daily loss of Rs 150 crore (Rs 1.5 billion) due to selling petroleum products at subsidised rates.

LN Mittal's meet with PM stokes market interest

LN Mittal's meet with PM stokes market interest

Rediff.com   18 Dec 2007

India-born steel magnate LN Mittal met Prime Minister Manmohan Singh on December 8 to discuss his plans in the oil and gas sector in India. The meeting has led to reports that Mittal is interested in taking over Cairn India's assets, which includes prospective oil discovery in Rajasthan.