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.
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.
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.
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.
State run refineries stand to gain as govt raised the FDI limit to 49 per cent from 26 per cent.
To be modelled on the Carnegie Mellon University.
Kakinada is fast turning from a rice growing area to a buzzing town, thanks to Reliance's gas terminal.
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.
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 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 are finding great potential in India's growing economy and are therefore coming up with executive education programmes and centres here.
Company in talks with Reliance Capital, Apollo Pharmacy to offer new services at outlets.
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.
Oil India chief reveals plans of the upcoming IPO and future investment strategies.
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.
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.
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.
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.
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.