Shivani Shinde &Amp; Kalpana Pathak

Stories by Shivani Shinde &Amp; Kalpana Pathak

ONGC's stake sale talks with ConocoPhillips, Shell hit roadblock

ONGC's stake sale talks with ConocoPhillips, Shell hit roadblock

Rediff.com   16 Aug 2013

The company has been in talks with ConocoPhillips and Shell for some time. It now says the MoD's stringent norms on exploration in 'no-go' areas is posing a big challenge in taking the deal forward.

RIL loses interest in city gas distribution

RIL loses interest in city gas distribution

Rediff.com   16 Jul 2013

Reliance Gas, which had successfully bid for three cities -- Rajahmundry in Andhra Pradesh, Shahdol in Madhya Pradesh and Yanam in Pondicherry -- during the second round of bidding for CGD in 2009.

Hotels plan to switch back to dollar rates for foreigners

Hotels plan to switch back to dollar rates for foreigners

Rediff.com   10 Jul 2013

Over 60-70% of the guests at five-star hotels are foreigners. However, hotels say, if dollar remains at this level, the mix could change.

Oil India in talks to buy stake in Petroceltic's Algerian asset

Oil India in talks to buy stake in Petroceltic's Algerian asset

Rediff.com   2 Jul 2013

Petroceltic is headquartered in Dublin with offices in Edinburgh, London, Algiers, Varna, Cairo and Rome.

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.

I-T dept slaps Rs 30-cr service tax notice on Amity

I-T dept slaps Rs 30-cr service tax notice on Amity

Rediff.com   24 Jun 2013

The notice also said service tax amounting to Rs 28.08 crore (Rs 280.8 million), in addition to education cess of Rs 56 lakh and secondary and higher education cess of Rs 28 lakh (Rs 2.8 million) for the period between October 2007 and September 2012, should be recovered from Amity under the provision to sub-section 1 of section 73 of the Finance Act.

Reliance retail units set for merger

Reliance retail units set for merger

Rediff.com   6 Jun 2013

Reliance Industries Limited (RIL) is set to carry out a major restructuring exercise. Nine of its retail units would be merged with Reliance Retail and Reliance Fresh.

Maruti saves Rs 354 crore in 2012-13 with employee help

Maruti saves Rs 354 crore in 2012-13 with employee help

Rediff.com   2 Jun 2013

The company adopted the scheme from parent Suzuki, where employees are rewarded for making suggestions to improve productivity and cut wastage.

Rangarajan's formula to BENEFIT Reliance: Ex-Secretary

Rangarajan's formula to BENEFIT Reliance: Ex-Secretary

Rediff.com   29 May 2013

The price would increase from $4.2/mbtu to $10/mbtu if Rangarajan formula is accepted.

IndianOil plans Rs 11,000-cr capex for this year

IndianOil plans Rs 11,000-cr capex for this year

Rediff.com   28 May 2013

A large part of this investment, about Rs 5,000 crore (Rs 50 billion), would go to the Paradip refinery

Branded fuels stop flowing

Branded fuels stop flowing

Rediff.com   27 May 2013

Oil marketing companies decrease distribution & production of fuel brands after huge drop in demand.

RIL to start production from NEC-25 gas block by 2019

RIL to start production from NEC-25 gas block by 2019

Rediff.com   17 Apr 2013

RIL also reported measures taken to check falling output in the KG-D6 field.

B-schools increase course fee by 10-15%

B-schools increase course fee by 10-15%

Rediff.com   17 Apr 2013

B-schools cite high inflation and rising operational costs behind the move.

To guide or not to guide: Infy dilemma

To guide or not to guide: Infy dilemma

Rediff.com   21 Mar 2013

Analysts wonder if the firm will discontinue giving annual guidance.

Uncertain demand may change IT's hiring pattern

Uncertain demand may change IT's hiring pattern

Rediff.com   8 Mar 2013

Human resource experts say the volatile environment might change its hiring pattern, with the process spread through the year, instead of happening during December - February as at present.

Diesel alternatives become viable

Diesel alternatives become viable

Rediff.com   7 Mar 2013

On January 17, when the government decided to allow state-owned oil companies to sell diesel at market price to bulk consumers, companies in the alternative energy space saw the opening of an opportunity.

TCS to pay $30 mn to settle dispute in California

TCS to pay $30 mn to settle dispute in California

Rediff.com   26 Feb 2013

The complaint was filed by non-US employees Gopi Vedachalam and Kangana Beri, who were sent from India to the US to work on projects.

MCA ropes in TCS to help Infosys manage portal

MCA ropes in TCS to help Infosys manage portal

Rediff.com   20 Feb 2013

TCS was in charge of development and management of the portal for seven years, until MCA decided to hand the work of its IT vendor to Infosys.

Infosys to go long on automation, short on headcount

Infosys to go long on automation, short on headcount

Rediff.com   19 Feb 2013

Application mgmt, infrastructure mgmt and BPO to be more automated than other areas.

IT: Cheery forecast fails to lift mood

IT: Cheery forecast fails to lift mood

Rediff.com   14 Feb 2013

On Tuesday, Nasscom announced at its 21st Leadership Summit that it expected the sector to grow 12-14 per cent in FY14, better than the 10.9 per cent growth it would report for FY13.