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.
It will escalate costs, mandate regulator to check malpractices, set standards.
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.
Move to hasten rollout and, if successful, set a precedent for new banking firms.
Petroleum minister M Veerappa Moily would like to import 11 million tonnes of Iranian crude in this financial year.
For the past few weeks, the government has been in an overdrive, pushing stuck projects with the larger aim to improve the country's economic growth, which had fallen to a four-year low of 4.4 per cent in the first quarter of this financial year.
Teheran bargains on OilMin plan for more rupee payment via increased import; wants investment deal on gas block.
The company claims it is selling as many tablets internationally as it is retailing in India.
Nasscom's current president Som Mittal's term expires in January. However, Chandrasekhar, expecting to get the necessary approvals from the government soon, will start work from next month to get familiar with the organisation.
In another significant senior-level realignment at Infosys, V Balakrishnan, one of the two internal candidates being considered for the chief executive's post, has been given additional charge of the new utilities and resources vertical.
In many cases, all that is required is a final letter from the ministry
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After setting up a committee under N Rangachary last year to look at taxation issues regarding the sector, the government has issued several notifications in the last eight months.
According to estimates, if the companies are not allowed to raise petrol rates at least Rs 5 a litre by the first fortnight of September, they might begin to suffer underrecoveries on this decontrolled auto fuel, too -- for the first time this financial year.
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India's export-oriented information technology outsourcing industry is perhaps more optimistic today about growth prospects than it was in the past five years.
An order, issued last year, makes it mandatory for certain electronic products being sold in the Indian market to comply with BIS specifications
Crude oil hit an all time high in rupee terms; Tuesday figures expected to be higher
Finance ministry asks bank, insurance & market regulators to issue notifications
HCL's president & CEO Anant Gupta talked to Business Standard about the demand environment, its in the European market and Roshni Nadar's induction into the company's board of directors.
Cover inadequate for even one refinery.
The Turkmenistan event underscores the lengths to which China's oil-and-gas companies will go to curry favour in resource-rich locales.
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