"From our assessment, RIL has invested only a very small amount in buying Gapco. It will not affect the company's balance sheet at all," one Mumbai-based analyst said.
AICTE to induct 75 professors from across the country to implement programme.
Industry analysts suggest that the revision in Mumbai and Delhi could be up to 25 per cent. At destinations such as Goa and Kerala it could be as much as 30 per cent.
The 2,140-Mw Dabhol power plant, operated by Ratnagiri Gas and Power Pvt Ltd, continues to remain idle even though the Supreme Court has vacated the stay by the Gujarat high court on pooling of gas prices.
The proposed 7.5 million tonne per annum refinery was to process crude oil from Cairn India's field in Barmer, which is expected to start producing in the first half of 2009.
With the global weakening of dollar against the rupee making a dent in revenues, hotels across the country have decided to charge their domestic and international customers in rupee.
The Essar group has also closed down 275 outlets across the country. The two companies could not withstand 'unfair competition' from government-backed companies which are compensated for selling fuel at subsidised rates.
There are approximately 300 million domestic travellers each year and this number is expected to grow by 10-15 per cent every year.
Increased allocation to the higher and technical education sector would mean more funds to revamp the university education system and lay a thrust on technical education.
The proposed India-Iran Double Taxation Avoidance Agreement, which the two countries included in their joint New Delhi declaration in 2003, has run into a hurdle.
The Domina Hotel Group, Italy's largest hotel and resort operator, will start operations in India in the next two years.
The hike in prices of petrol and diesel seems to have been put on the backburner with the price of the basket of crude oil that Indian refiners
The company is in the process of doubling its production to 800 oil barrels a day from the current 400 barrels a day, from a part of the field called prospect-B.
The official explained that the contractor would take the worst-case scenario into account "to be on the safe side", when working out the field development plan and the probable cost of exploration and development of the block.
The country's largest marketer of petroleum products is facing troubles in Sri Lanka, one of the two overseas markets where it sells fuel through its fully owned subsidiary, Lanka IOC. The other country is Mauritius.
The petroleum ministry has rapped Reliance Industries for failing to meet its obligations of opening and operating 10 per cent of its petrol and diesel retail outlets in remote and low-service areas.
The shortage of drilling rigs across the world is likely to delay the seventh round of auction of oil and gas blocks, under the New Exploration and Licensing Policy, till October-November this year.
The government is likely to clear the price quoted by Reliance Industries Ltd for its gas from the Krishna-Godavari basin without seeking to control the price.
Education institutes are using a new technique - search engine marketing - to spread awareness about their programmes and to create a niche for themselves in the students' minds.
Rs 35,000 crore investment to increase capacity by 75%.
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