Some 74 projects from Odisha and another 51 projects from Chhattisgarh have lined up before the Project Monitoring Group.
Another important early decision of Birla was to get into the wireless telephony business in association with AT&T and another revered Indian business house, the Tatas.
Instead of only government departments and state-owned undertakings, the CAG can now audit private companies, too.
In a bid to boost the dormant primary market, regulator Sebi said it is ready to review the mandatory grading of initial public offers.
In a first, Prime Minister Narendra Modi on Wednesday met the secretaries of all the government departments collectively and asked them to directly get in touch with him to resolve issues and expedite decision-making.
Prabhu hoped that during this 3-4 years period, railways would be able to absorb the impact from their resources
Mr Modi must stop talking, and start writing
With inflation down, the government's twin deficits are largely under control.
"Reform is not an end in itself. Reform for me is just a way station on the long journey to the destination. The destination is the transformation of India," he said.
The committee said the move 'clearly undervalued the company and its long-term growth prospects'.
Cashless transactions need ubiquitous connectivity, which we don't have. And connectivity needs political and administrative convergence, says Shyam Ponappa.
A group of retired civil servants also called upon the PM to reach out to the families of the victims in Unnao and Kathua and "seek their forgiveness on behalf of all of us".
Leader of the Opposition in the Gujarat assembly, Shankarsinh Waghela on Wednesday asked Prime Minister elect Narendra Modi to build a Ram temple at Ayodhya within the constitutional framework now that the Bharatiya Janata Party has got an absolute majority, in a speech that was blended with sarcasm and praise.
'Islamic State has declared that the liberation of Islamic Xinjiang from China is an objective. Beijing may well find that Pakistan is unable to assist in any meaningful way,' says China expert Jayadeva Ranade.
Indian business has many legitimate grievances against the political class for not delivering an optimal business environment.
These refineries, commissioned mostly in the 1950s and 1960s during India's early industrialisation push, are inefficient and costly to maintain compared to their modern counterparts on the coast mainly operated by private companies.
As CAG found Reliance Industries was being favoured in gas exploration deal to the government's detriment, former Prime Minister Manmohan Singh told the then top auditor Vinod Rai that audit should not hurt the private sector and RIL was one of the biggest and most respected.
The Maoist-infested state needs a visionary leader and Hemant Soren is definitely not one, opines Aditi Phadnis
The New Year 2015, however, may see shares worth over Rs 50,000 crore (Rs 500 billion) being put on the table by the government, including by way of part-sale of its holdings in PSUs and its residual minority stakes in some private sector entities.
India Inc has few leaders who are likely to grab headlines in 2015.
Infosys, Wipro and HUL among the top losers for the day.
The government will decide in August whether to sell a 5 percent stake in ONGC, a senior oil ministry official said, in a deal that would be worth $2.9 billion at current market prices.
The prime minister is aware that whatever be its consequences, a new taxation regime cannot be launched closer to the general elections in 2019. Thus, any date after April 2017 for the launch of GST is risky, says A K Bhattacharya.
WPI inflation even breached psychological level of 0% in Nov.
'The Pakistani game plan in making its envoy in India to perform the last rites of a fledgling peace process is madness with a method.'
If he is mentally-ill, then why was he sent to the border and was put on duty? asks jawan's kin.
Mahendra Raj is a towering figure of 20th century Indian architecture.
'It is clear that nature is not in a mood to give us leeway to be lazy, inefficient or just do business as usual.' 'It is telling us that we have no time to get things wrong. We need to take drastic actions - now
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Banks, real estate and metal scrips among the top losers.
The Survey shows fiscal consolidation despite slowdown in growth.
A brief report card on Modi's ministers.
E-auaction cannot totally end corruption in the system.
Using available government data, the team is targeting $30-40 billion worth of iron and steel products that are imported into India.
Here's a glimpse of all that happened around the world last week, in 16 images.
'There is nothing traitorous about highlighting the poor record of your own government. If the Indian government does something wrong, we all have the right to point this out at any forum, international or national.'
Congress vice-president Rahul Gandhi has called a meeting of chief ministers of party-ruled states to chalk out the party's strategy in the run-up to the general election. The leaders would focus on setting up of Lokayuktas in a time-bound manner in states and curbing food inflation.
Samvat 2070 was a great year for top Indian conglomerates in the stock markets.
Instead of a consumption stimulus the government must address the NPA issue with a war footing and invest in infrastructure, affordable housing and exports, says Sanjeev Nayyar.
In the near term, the key driver will still be the government's fiscal spending.
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