The petroleum ministry has invited bids from companies willing to share Hindustan Petroleum Corporation Ltd's proposed Rs 1,367 crore Mundra-Delhi product pipeline capacity.
As power generation across northern and western India bore the brunt of the coal scarcity, spot prices at IEX rose to Rs 10.8 a unit during August 25-27, compared with Rs 8.7 a unit on August 22.
Analysts said with more power sector companies referred to the NCLT by banks, large companies would be at an advantage.
Arun Jaitley had proposed to set up a Public Debt and Management Agency.
The Reserve Bank on Thursdaysaid it is keeping a close watch on global banking major HSBC.
In the next three years, Tata Power will invest anywhere between $150-200 million.
The committee's suggestion that existing commercial banks be allowed to hold payment banks as subsidiaries is also seen as unviable by RBI and the finance ministry.
Delivering the key mote address at the Citi's Investor Summit, Jaitley hoped that as a professional organisation the Reserve Bank will take 'the best decision'.
The projects coming up in Bihar, Jharkhand and Odisha will together add 16,000 MW capacity to country's power generation.
Teams of the National Disaster Response Force started landing in Gujarat with the help of the Indian Air Force to undertake preventive evacuation of people living on the west coast, an IAF official said.
Adani Group is exploring legal options after being slapped with a Rs 5,500-crore tax notice, allegedly for overvaluing imported equipment, by the Mumbai wing of the Directorate of Revenue Intelligence.
Stocks of three listed firms of Gujarat-based Adani Group on Friday ended as much as 6 per cent higher on the clear mandate given by voters to the BJP-led NDA.
Experts interviewed CMDs of nine public sector banks on Friday and Kamath is believed to be in the reckoning
In its letter, finance ministry has pointed to sections 35, 35A and 36 of the Banking Regulation Act, 1949, to highlight the powers and functions of the RBI as regulator
India is the largest importer of gold after China.
Cyrus Mistry had put in place a strategy that would have pulled most of the Tata group's 'legacy hotspots' out of the financial mess from legacy issues and helped turn around the group's finances.
A total of 20 such train sets of Hyundai Rotem will be manufactured in South Korea's Changwan.
Rajan retained the short-term lending rate at 6.5 and the cash reserve requirement of banks at 4 per cent.
With passenger growth pegged at 14 to 15 per cent, airport infrastructure could be a make or break business for both new players and incumbents.
The 42-year-old Acharya's appointment for a three-year tenure was cleared by the Appointments Committee of the Cabinet.
The government has initiated a forensic audit at the state-run Oriental Bank of Commerce and Dena Bank after unearthing of a suspected scam, wherein the lenders allegedly misappropriated funds worth Rs 436 crore from their fixed deposit customers.
The company had sold 50 units of SX4 sedan in August 2014.
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The rupee had earlier this month touched a life time low of 61.21 to a dollar.
The central bank has nine executive directors, and one of them -- S Karuppasamy -- retired recently. R Gandhi, who was executive director, has now been promoted to the post of deputy governor.
The project has been delayed by three years, after a consortium of Port of Singapore and ABG Ports, which had won the bid by offering to share more than 50 per cent of the revenue with JNPT, backed off from the project, citing several reasons.
A squad of about 300 special Central Industrial Security Force commandos has taken over the security of a large Tata Steel manufacturing facility in coastal Odisha, making it the 7th private sector concern in the country to get armed cover by the paramilitary force to ward off terror threats.
The success story of Adani's Mundra Port in Gujarat, in terms of efficiency, technology and management, should be replicated at Vizhinjam to ensure that this ambitious project does not fail, say Shehzad Poonawalla and Riya Sinha.
Gandhi said Modi was frequently shifting his campaign plank in Gujarat.
He promised a complete loan waiver to farmers as soon as the Congress formed government in the state.
Adani, Rajasthan govt will set up solar power project of 5000 MW on its own in the next five years.
Auto and index heavyweights Reliance Industries and ITC were the top losers in early trades.
Striking another major deal in less than four months, Adani Power on Mondayentered into a binding agreement with Gautam Thapar-led Avantha Group to buy out its 600 MW Korba West unit for more than Rs 4,200 crore.
A task force will speed up the recalibration of 200,000 ATMs so these can dispense the new Rs 2,000 notes.
More than 17,000 people living near the coastal areas in Gujarat have been evacuated by authorities in view of the approaching tropical cyclone Nilofar which, however, has gradually weakened and is expected to hit the state merely as a "depression".
'Cinema in our country is changing rapidly. Newton is proof of that change.'
Escalating his attack against Bharatiya Janata Party's prime ministerial candidate Narendra Modi over his development claims, Aam Aadmi Party leader Arvind Kejriwal on Thursday said he is the "vikas purush" (development man) only for industrialists.
'I may sound snobbish but I am genuinely tired of responding and saying thank you on Facebook, on Twitter, on phone calls. People are calling from everywhere. There is all this excitement and different groups are throwing parties. I have to attend them or else they will think I am snooty.' Meet Masaan director Neeraj Ghaywan.
Hailing Prime Minister Narendra Modi and the Bharatiya Janata Party government, top industry captains pledged mega investments at the Vibrant Gujarat Global Summit
UDAN demonstrates that good policy-making can fulfill important public requirements without requiring budgetary support, says MoS for civil aviation Jayant Sinha.
Different circuits have been designed, depending on the tourists' preference, connecting the Rann Utsav at Kutch with the ports at Mundra and Kandla.
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