Indian Oil Corporation on Thursday said its under-recoveries would come down by Rs 2,000 crore (Rs 20 billion) in the next six months on account of the price hike in the petroleum products.
A task force set up by the heavy industry department will examine the definition of "small car" and suggest ways, including changes in the fiscal policy, to turn India into a manufacturing hub for such cars.\n\n
Nikunj Saraf, Vice President Choice Wealth, will answers your queries.
Home-grown FMCG major Emami Limited is looking for acquisitions of foreign and domestic brands for which the company would utilise its free cash reserves of Rs 47 crore
According to the annual report, Ronojoy Dutta's remuneration package includes a gross annual salary of $1.27 million, which would be payable in rupees. Also, he is entitled for a commitment bonus payout. In FY20, he received a remuneration of Rs 11.4 crore in his role as CEO and whole-time director.
HDFC Bank has announced a dividend of 45 per cent or Rs 4.50 per share for the year 2004-05.
The 76kg category had eight wrestlers while the 68kg class featured nine wrestlers, where minnows like Bangladesh, Mauritius, Cameroon, Tonga and New Zealand were part of the field.
Manjhi's son Santosh Suman, who is a minister in the Nitish Kumar cabinet, made the statement a day after reports emerged that a seat-sharing formula has been arrived at in the National Democratic Alliance, and the HAM was likely to get only one of the state's 40 constituencies.
'If a Brahmin child by birth is poor then he must get reservation benefits rather than an OBC child who is rich and born in a rich family.'
Indian officials have asked the ICC to extend its 10-year Test championship programme by at least 2 years.
United Breweries Ltd has bought out the minority stake of 35 per cent in Associated Breweries and Distilleries Ltd with the deal being finalised at a put option price of Rs 24 crore (Rs 240 million).
After cutting losses by 70 per cent to Rs 259.70 crore last fiscal, Industrial Finance Corporation of India on Friday said it hopes to breakeven this fiscal, provided liabilities worth Rs 4,000 crore are restructured.
The shareholders of Hikal Ltd have approved the issue of bonus shares in the ratio of one equity share for every two equity shares held.
The 66-year-old Ray Mali, a former president of the Border Cricket Union in the town of East London takes over from Percy Sonn.
Oil marketing company Bharat Petroleum Corporation Ltd, on Monday announced a mega foray into oil exploration and production business and has earmarked a budget of Rs 1,000-1,500 crore (Rs 10-15 billion).
Indian Aluminium Company Ltd vice-chairman A K Agarwal on Wednesday ruled out the merger of the company with its parent Hindalco Industries Ltd.
The agribusiness division revenues in Q1 was Rs 1,418 crore and the profit before tax for the segment was Rs 54 crore, against a revenue of Rs 1,111 crore and PBT of Rs 47 crore in Q1 of the last financial year.
Consumer goods major Hindustan Lever Ltd said on Friday that each of its mega brands is capable of generating a sale of Rs 1,000 crore (Rs 10 billion) in the foreseeable future.
There is a scope for 30 per cent reduction in mobile tariffs if the government brings down current taxes on telecom industry, Sunil Mittal, chief managing director, Bharti Enterprises said on Tuesday.
Finance Minister P Chidambaram on Thursday said it was not sufficient to attain a high 8 per cent growth in one year but necessary to sustain it in the coming years.
The Board of Control for Cricket\nin India today informed the Supreme Court that Jagmohan\nDalmiya is discharging functions as the President of the Board.
Maharashtra, by this month end, would become only the second state after Uttar Pradesh to sell ethanol doped petrol at all retail outlets, Petroleum Minister Ram Naik said on Monday.
The Sports Ministry on Friday lifted the suspension on the Indian Olympic Association with immediate effect after it removed the corruption-tainted duo of Suresh Kalmadi and Abhay Singh Chautala as life presidents following widespread outrage.
Shaw Wallace & Company Ltd, the liquor and beer manufacturer, will go in for 'settlement' of income tax claims on it, amounting to Rs 300 crore (Rs 3 billion), as per provisions of the Income Tax Act.
The Tata Group on Wednesday announced that it would set up a cancer hospital in Kolkata and make further investment in West Bengal.
In an address at the annual general meeting of industry chamber FICCI, Singh said the 'unprovoked aggression' on India's Himalayan frontiers is a reminder of how the world is changing and how existing agreements are being challenged.
Reliance Energy Ltd shareholders on Wednesday approved a proposal to buy back a part of its equity shares at maximum Rs 525 per share aggregating up to Rs 350 crore.
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