Shine Jacob &Amp; Vrishti Beniwal

Stories by Shine Jacob &Amp; Vrishti Beniwal

Public sector banks fear losing good talent to new banks

Public sector banks fear losing good talent to new banks

Rediff.com   19 Jul 2013

Disgruntled executives are already pinning hopes on the new banks, too.

New banks might queer the pitch for state-owned ones

New banks might queer the pitch for state-owned ones

Rediff.com   18 Jul 2013

With new private banks in the play, the going could become more difficult for the old-school state-run banks, already losing business and market position, forcing them to think hard towards consolidating and forming larger entities to garner big-ticket deals.

Moily faces China's Lopez diplomacy in Turkmenistan gas quest

Moily faces China's Lopez diplomacy in Turkmenistan gas quest

Rediff.com   14 Jul 2013

The Turkmenistan event underscores the lengths to which China's oil-and-gas companies will go to curry favour in resource-rich locales.

Backlog at old price will mean 7-year itch for RIL

Backlog at old price will mean 7-year itch for RIL

Rediff.com   12 Jul 2013

Following adverse media reaction to the June 27 decision of the Cabinet Committee on Economic Affairs, the finance ministry had issued an office memorandum asking the petroleum ministry to see if there was a way to make RIL clear its gas supply backlog at the existing price.

Oil subsidy expected to balloon

Oil subsidy expected to balloon

Rediff.com   11 Jul 2013

For every rupee fall against the dollar, the under-recovery will increase by Rs 8,000 crore

I-T dept net catches small transactions, too

I-T dept net catches small transactions, too

Rediff.com   11 Jul 2013

Penalty can be levied at 100-300 per cent of the tax evaded, while tax is imposed at the highest rate of 30 per cent.

Flood-hit Kedarnath temple to get Rs 2,000-crore makeover

Flood-hit Kedarnath temple to get Rs 2,000-crore makeover

Rediff.com   6 Jul 2013

The temples committee has already posted a request to devotees on its website to contribute towards the rebuilding.

Chidambaram may stick to Pranab's line on DTC

Chidambaram may stick to Pranab's line on DTC

Rediff.com   1 Jul 2013

This means taxpayers might continue to enjoy exemption on maturity of their investments

Gas price hike soothes industry's nerves

Gas price hike soothes industry's nerves

Rediff.com   29 Jun 2013

Reason behind for the change in his stance: gas price increase.

DIPP likely to expand definition of 'control'

DIPP likely to expand definition of 'control'

Rediff.com   19 Jun 2013

May include 'influencing a company's major policy decisions' in the current meaning.

OMCs are bleeding now, tomorrow it may be our turn: ONGC chief

OMCs are bleeding now, tomorrow it may be our turn: ONGC chief

Rediff.com   18 Jun 2013

ONGC's chairman and managing director Sudhir Vasudeva tells Business Standard that any price for natural gas that is more than $4.2 a unit is good for the company.

OIL to float foreign arm in 4 months, sets sight on Lanka

OIL to float foreign arm in 4 months, sets sight on Lanka

Rediff.com   18 Jun 2013

Lines up a $1-billion capital expenditure plan for exploration purposes abroad.

OIL to pick 49% in Assam co for Rs 230 crore

OIL to pick 49% in Assam co for Rs 230 crore

Rediff.com   13 Jun 2013

A deal with the Assam government, which holds majority stake in the company through Assam Industrial Development Corporation Ltd, is likely by October.

RIL, ONGC among six in race for Bengal govt's HPL stake

RIL, ONGC among six in race for Bengal govt's HPL stake

Rediff.com   11 Jun 2013

Three PSUs, three private firms join bid to acquire 40% stake in Haldia Petrochem.

Pace of seeding Aadhaar numbers with bank accounts still a concern

Pace of seeding Aadhaar numbers with bank accounts still a concern

Rediff.com   10 Jun 2013

The biggest problem is that those with Aadhaar numbers aren't coming forward for seeding these with bank accounts.

Shell, ONGC eye tie-up for retail

Shell, ONGC eye tie-up for retail

Rediff.com   10 Jun 2013

Business opportunity after phased diesel deregulation the main trigger.

Chidambaram asks I-T to avoid raids

Chidambaram asks I-T to avoid raids

Rediff.com   3 Jun 2013

Dept to focus on real estate, infra, mining and manufacturing to detect evasion.

OilMin wants a united front to beat China in Myanmar

OilMin wants a united front to beat China in Myanmar

Rediff.com   31 May 2013

At present, in Myanmar, GAIL and IndianOil have a minority stake in a gas pipeline which goes to China, through South East Asia Gas Pipeline Company.

Shale gas policy: Big companies stand to lose

Shale gas policy: Big companies stand to lose

Rediff.com   15 May 2013

First right of refusal may be limited to firms working under NELP, leaving out pre-NELP blocks run by big firms such as RIL and Cairn India.

States refuse to lower duty on mobile phones

States refuse to lower duty on mobile phones

Rediff.com   12 May 2013

Also discuss a proposal to increase the minimum VAT rate to 6% from 5%; no decision taken yet