Shine Jacob &Amp;Amp; Abhijit Lele

Stories by Shine Jacob &Amp;Amp; Abhijit Lele

RIL's KG-D6 spend exceeds approved limit: CAG audit

RIL's KG-D6 spend exceeds approved limit: CAG audit

Rediff.com   3 Feb 2014

The govt auditor also indicts DGH and management committee of D1 and D3 fields

Moily effect: Coal India poised for a bright future

Moily effect: Coal India poised for a bright future

Rediff.com   23 Jan 2014

M Veerappa Moily's takeover of the environment & forests ministry last month, it appears, is turning out to be a blessing for Coal India Ltd (CIL), the world's largest coal producer.

White-label ATM rollout in slow lane

White-label ATM rollout in slow lane

Rediff.com   15 Jan 2014

Bankers and executives involved in ATM operations said challenges abounded in this segment.

Banks seek leeway from RBI

Banks seek leeway from RBI

Rediff.com   6 Jan 2014

Say 30 days not enough to resolve stress; want higher provision norms deferred till economy picks up

PSU consortium to quit Egyptian petro blocks

PSU consortium to quit Egyptian petro blocks

Rediff.com   2 Jan 2014

This comes even after the Indian ambassador there had said this would affect the interests of other Indian companies.

Be ready to pay more for ATM transactions this year

Be ready to pay more for ATM transactions this year

Rediff.com   2 Jan 2014

At present, there is no cap on free transactions at own-bank ATMs, while customers can use other banks' machines up to five times a month without any extra cost.

No magic wand left with Kejriwal to rollback CNG prices

No magic wand left with Kejriwal to rollback CNG prices

Rediff.com   30 Dec 2013

The likely solution that appears before the AAP government is to seek for a higher quota of domestic natural gas for Delhi, which would bring down auto and cooking gas prices.

OilMin to seek higher diesel price increase

OilMin to seek higher diesel price increase

Rediff.com   26 Dec 2013

Ministry to propose a new subsidy mechanism to cap upstream firms' share.

New worries for banks

New worries for banks

Rediff.com   11 Dec 2013

Delays in returning money for disputed transactions have also come under RBI's scanner.

Now, energy ratings for LPG stove

Now, energy ratings for LPG stove

Rediff.com   19 Nov 2013

Star ratings would be applicable for diesel pumps in the agriculture sector.

Biz as usual, The Lalit says it hasn't got closure notice

Biz as usual, The Lalit says it hasn't got closure notice

Rediff.com   17 Nov 2013

Delhi Pollution Control Committee has asked water & electricity providers to cut supply

RIL may be allowed to charge new price for KG-D6 gas

RIL may be allowed to charge new price for KG-D6 gas

Rediff.com   10 Nov 2013

Could get $8.4 per mmBtu from April 2014 by furnishing bank guarantee that would be encashed if D1, D3 gas hoarding proved

Indian consortium in race to bag $2-bn stake in Russia LNG project

Indian consortium in race to bag $2-bn stake in Russia LNG project

Rediff.com   5 Nov 2013

Yamal LNG is a joint venture owned by OAO Novatek with 80 per cent and Total S A holding 20 per cent stake OAO Novatek holds 60 per cent stake in Yamal LNG, while Total S A and China National Petroleum Corp hold 20 per cent each

Top execs in PSUs may get extension

Top execs in PSUs may get extension

Rediff.com   23 Oct 2013

The run-up to next year's general elections might see some of the top executives of government-run companies getting unlucky. And, the period could become the best in the lives of those waiting in the wings.

KG-D6 wells' output could touch zero by 2021-22

KG-D6 wells' output could touch zero by 2021-22

Rediff.com   22 Oct 2013

The 25-year production sharing contract, however, ends in 2029.

FM to grill govt banks' chiefs on Tuesday

FM to grill govt banks' chiefs on Tuesday

Rediff.com   21 Oct 2013

Meet to review progress on lending, impact of recent rate cuts and what is being done on NPAs, among other things

RIL's wait for higher gas price to get longer

RIL's wait for higher gas price to get longer

Rediff.com   12 Oct 2013

Mukesh Ambani's Reliance Industries (RIL) might be denied a higher gas price from its D1 and D3 fields until the arbitration process with the government is over and a third-party expert report on the fall in output at the KG-D6 block is out.

India pushing Iran to accept Rs for oil imports

India pushing Iran to accept Rs for oil imports

Rediff.com   1 Oct 2013

Keeps open the option to make payments in yen or yuan in the face of sanctions

CAG may pull up regulator, RIL in KG-D6 report

CAG may pull up regulator, RIL in KG-D6 report

Rediff.com   25 Sep 2013

According to an official close to the development, in the coming financial audit report, to be tabled in Parliament's Budget session next year, CAG will detail the slide in the government's share in petroleum sector profits due to a drop in gas production.

Project launched in one village, another fumes

Project launched in one village, another fumes

Rediff.com   23 Sep 2013

On Sunday, angry villagers of Leelala laid their own foundation stone - which had 'aam aadmi' inscribed as the name of the chief guest - still claiming the project was to come up in their village.