After the Union comptroller and auditor-general saying there'd been a loss of Rs 10.67 lakh crore in allotment of coal blocks, the draft Request For Proposal (RFP) for new allocations has strong clauses for cancellation for breaches on this count.
Barring one, three are debt-free and sitting on large cash reserves.
Putting money in key PSUs a better option
Committee set up by state govt considering reduction in rates
AAP is quite keen to repeat party chief Arvind Kejriwal's sterling victory against Delhi's former chief minister Sheila Dikshit by pitting Damania against Gadkari in the proposed high-profile contest.
Mega rally on December 22 to have special enclosure for 10,000 tea vendors, says Sanjay Jog.
Debacle in four states prompts party to step up efforts to fare well in general elections, reports Sanjay Jog.
No one can fault India Inc for not taking care of shareholders; in fact, it has been extra generous.
The high court has directed the state government to file its response.
Sensex rose 5.8% this year, against a 3.2% rise in Nifty; Axis Bank inclusion may blunt Sensex edge
Under the hybrid-till model, a portion of non-aeronautical revenue (commercial revenue) at the airport is taken into consideration while fixing the landing and parking charges, user fees and other aeronautical charges.
The government and MMRDA are keen to develop the 22-km link, which will connect Sewri on the island city to Nhava Seva in Navi Mumbai, on an engineering, procurement and construction basis and not on the build-operate transfer model, considering past experience.
The CIDCO and the Maharashtra government have stepped up efforts to arrive at a consensus over compensation for PAPs, before a meeting called by the prime minister on November 13 to expedite the work. PAPs, who have dropped their earlier demand of Rs 20 crore (Rs 200 million) per acre, are demanding allocation of 35 per cent developed land against the offer of 22.5 per cent made by the state government and CIDCO.
The debate between the Congress and its ally Nationalist Congress Party on seat-sharing in Maharashtra for the Lok Sabha elections has taken a new turn. The NCP has told the Congress to go ahead on its own if it was sure of winning all the 48 Lok Sabha seats in the state.
Other members include former Central Bank of India chairman and managing director Homai A Daruwala, former bureaucrat of the Madhya Pradesh cadre Prashant Mehta and RGPPL's managing director R K Srivastav.
At its current stock price, RIL now has 8.4 per cent weight in the Sensex against Infosys' 8.8 per cent.
The Raj Thackeray-led Maharashtra Navnirman Sena's much-awaited entry into the Shiv Sena-Bharatiya Janata Party-Republican Party of India combine to forge a grand alliance in Maharashtra won't be a reality.
However, the realty players will have to pursue their long-pending demands with the state government for abolition of the Urban Land Ceiling Act, speedy approvals to expedite redevelopment of Maharashtra Housing and Area Development Authority buildings, development of cluster development, rental and affordable housing.
For FY14, the first full year of the law's implementation, the spend could go up to nearly Rs 8,700 crore (Rs 87 billion), given that India Inc's profitability has grown at a compounded 7.5 per cent annually in the past three years.
Bigger and broader indices do relatively poorly as investors get selective; experts see opportunity if scrips chosen with care.