Workers of India's third largest oil refiner Hindustan Petroleum Corporation Ltd have decided to go on an indefinite strike from January 15 to protest against campus recruitment of new staff and "autocratic" management.
'Life will not improve overnight; it will happen in a gradual manner.'
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The Management Committee headed by Director General of Hydrocarbons R N Choubey refused to take a view on appointment of renowned reservoir consultants Ryder Scott, DeGolyer and MacNaughton, Gaffney, Cline & Associates or Netherland, Sewell & Associates to ascertain if RIL's claims of fall in reserves are actually true or the firm was hoarding gas by producing less, official sources said.
Neither the foreign exchange, nor the gold, and certainly not the revaluation reserve should be available for spending by anyone. he revaluation account is simply not money. It is simply an accounting entry, says Rashmin C Sanghvi.
At 12:25 PM, the barometer index, the S&P BSE Sensex was down 358 points or 1.3% at 26,368.
Raghuram Rajan rejected the argument that inflation has come down largely because of "good luck" stemming from low oil prices.
Marico Chairman Harsh Mariwala shares his career lessons and success mantras.
The former beat Andhra XI while Signals got the better of Karnataka XI in the Beighton Cup hockey tournament.
The 30-share Sensex dropped 298 points to end at 27,209 and the 50-share Nifty has lost 93 points to end at 8,174.
If even a fraction of the 175 GW target is achieved, India's reliance on coal and oil would be reduced, says expert.
The divestment ministry has decided to defer by a month the public issue for divestment of 10 per cent government equity in GAIL and it would now take place after the public placement of equity in Oil and Natural Gas Corporation in March.
Ten trade unions to go on strike to protest against changes in labour laws
Indian farmers are likely to grow more oilseeds in the winter crop season beginning this month from a year earlier, boosted by robust oilseed prices, traders and industry officials said.\n\n\n\n
'I don't look forward to seeing my films because this only sort of gives me a deep sense of dissatisfaction that I could have done better, and I lose my self-confidence.'
'We have the geographic advantage, demographic advantage, we have the necessary technical skills.' 'We just have to get all of these together. Then, we can very well compete.'
Vikram Kothari finds himself stands accused of a bank loan default to the tune of thousands of crores.
Britain's vote to leave the European Union means uncertainty for markets and companies as London initiates at least two years of negotiations with the EU.
Both teams easily won their quarter-final league matches in the 109th Beighton Cup hockey tournament.
The eighth seed was beaten by qualifier Punam Reddy in the ITF tournament.
Forbes said Prime Minister Narendra Modi's "economic experiments" barely affected India's billionaires while none gained more than oil-and-gas tycoon Mukesh Ambani, who cemented his decade-long hold on the top slot by adding a staggering USD 15.3 billion (67 per cent) to his last year's wealth to become one of Asia's top five richest.
Power Trading Corporation's initial public offering of 5.85 crore (58.5 million) shares was oversubscribed by about two times on day one, sources associated with the process said in New Delhi.
Make in India and Swacch Bharat initiatives are going to have tremendous impact on the Home and Personal Care industry.
Metals bucked the trend and shone across the board.
Pooling will also kick-start projects of Reliance Power, Torrent, Lanco.
'What made him different was that he was not a banker at all by temperament.' 'He was a businessman, a typical lalaji at that.' 'He had to win at any cost.'
The fifth seed Swiss, Ivo Heuberger, defeated Thailand's Danai Udomchoke 6-2, 6-3 to win the singles crown
'He also presented a facsimile of the scroll that was given to Gandhiji in Johannesburg in 1908 by the Chinese community there. I think that was quite a thoughtful gift,' Sabarmati Ashram Director Tridip Suhrud tells Sheela Bhatt/Rediff.com
Central bank moves to infuse liquidity into bond market to help boost sentiment.
Petroleum industry Friday demanded abolition of 5 per cent customs duty on imported LNG and a uniform 4 per cent sales tax on LNG throughout the country to promote its use.
Aditya Ghosh, with no prior aviation background or MBA degree, managed not only to become the CEO of an airline but even piloted it to the top with almost half of the market.
We go down memory lane look at the iconic moments from late Franca Sozzani's career.
India may not be prepared to meet US demands, say experts
The time is ripe for a merger of eight fund houses indirectly owned and controlled by the central government, says N Sundaresha Subramanian.
We list down various ways in which you can derive the best mileage from your bike.
Apart from India, only two other countries - Russia (15.5 per cent) and China (14.9 per cent) clocked double digit growth in November
ONGC's chairman and managing director Sudhir Vasudeva tells Business Standard that any price for natural gas that is more than $4.2 a unit is good for the company.
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