A new government has taken office in Australia, which has said it will review its predecessor's controversial proposal for a 40 per cent super-profit tax on mining revenues.
On June 11, the state had 470 kilolitres of petrol against the daily requirement of 75 kilolitres and just 7,400 LPG cylinders against 5,508 needed daily.
American car maker General Motors is likely to pull out of its technological partnership with REVA Electric Car Company, after domestic auto major Mahindra & Mahindra Ltd bought 55.2 per cent equity in the Bangalore-based company to stake its place in the fledgling electric vehicle market.
Mandarins in the home ministry may be having sleepless nights as violence brews in the Naxal-infested state of Jharkhand, but it is a different story for business here.
Politburo member Sitaram Yechury speaks about the party's strategy and alliances
Although a detailed blueprint is yet to be created, sources familiar with thedevelopments said companies would initially be roped in to augment the basic rail infrastructure in industrial areas such as mining zones.
Ford India's commitment to launch a new product in the country every 12-18 months will see the company strengthening its domestic supplier base, as it seeks to keep the costs down while maintaining global quality standards.
All car makers passed on the two per cent hike in excise duty to consumers soon after the Budget.
The entrepreneurial bug does not appear to have bitten students at the Indian Institute of Management Ahmedabad this year. So far, not even one student is believed to have opted out of the final placements process to start his own venture.
The IIMs were just recovering from the uproar over technical glitches during the CAT. Now, at least five students have filed applications under the right to information law.
The land taken by Tata Motors at Singur for the erstwhile Nano car factory, and by the many companies who invested there to be vendors to the project, isn't set to change hands anytime soon.Tata and the vendors both say they plan to hold on to the lease titles, even as Trinamool Congress chief and Union railway minister Mamata Banerjee and the West Bengal government continue with their political posturing over a plan for a rail coach factory at the location.
Having witnessed a surge in the number of offers and average salaries as compared to 2009 -- a year marred by the impact of the global slowdown -- they believe the exuberance of 2008 would only return in 2011.
The Bengal intelligentsia that stood by Trinamool Congress (TMC) leader Mamata Banerjee is now divided on how to resolve the fracas at Lalgarh -- a generic name that represents the Naxal-stricken tribal heartland of West Bengal.
It may have been content so far with milk powder as a substitute, Nigeria now intends to replicate the Amul model in the near future.
"Denim is one of the world's oldest fabrics, yet it remains eternally young," declared an American Fabrics magazine writer in 1969. This Levi Strauss & Co post on its website reflects what Indian denim producers intend to do -- let the Generation Y tailor the pair of jeans for the market.
The industry's estimated losses stand at Rs 5-6 crore per day.
A senior official of Tata Steel on Wednesday indicated that the steel major might provide a rehabilitation package for the 1,700 workers slated to lose their jobs due to the partial mothballing of its subsidiary, Corus' Teesside plant in Britain.
The Centre has stopped allocating coal blocks to state governments till the Mines and Mineral (Development & Regulation) Act is implemented with the amendments.
Results of the Common Admission Test could get delayed with Indian Institutes of Management and Prometric, which conducted the online test, still to decide a new date for conducting the exam for students who could not give their exam due to technical glitches.