At present, there is no direct air connectivity between India and Myanmar.
On BSE, 1,469 shares fell and 1,200 shares rose. A total of 190 shares were unchanged.
'There exists a 'brotherhood' of sorts for a very long time and corrupt dealers and corrupt OMC officials are in it together,' Ashwani Attrish, founder, Empowering Petroleum Dealers Foundation, tells Sudhir Bisht, a veteran of the petroleum industry.
This measure will ensure that the price of a scrip cannot move upward or downward beyond a limit set for the day.
The Rs 3-trillion West Coast or Nanar refinery has all the potential to become India's flagship petrochemicals project, with the planet's largest oil producer Saudi Aramco as its biggest shareholder. Yet the locals don't see the plant as a harbinger of better times.
To outgoing Vodafone CEO Vittorio Colao, negotiating big deals was an art form, as an international report pointed out after the $130-billion sale of Vodafone's 45 per cent stake in Verizon Wireless, says Nivedita Mookerji.
'She was either overconfident that nothing will happen to her or she underestimated the gravity of the allegations.'
Unlike in the past, when old private banks compromised upon underwriting standards to take on the bulk, they've now realised that scaling up at the cost of quality isn't worth the while. These banks have also readjusted growth targets when required, and rebalanced books to preserve capital and asset quality.
Prime Minister Narendra Modi is set to meet top Australian business leaders, including BHP Billiton CEO Andrew Mackenzie and HSBC Bank Australia CEO Tony Cripps, at a roundtable in Melbourne next week.
Special CBI Judge O P Saini adjourned today's proceedings after advocate Siddharth Agarwal, appearing for Mittal, said the Supreme Court is scheduled to hear in March the separate pleas filed by Mittal and Ruia challenging the March 19, 2013 order of the trial court summoning them as accused in the case.
Almost every home in this area has a slogan 'Jal, Jangal, Jameen' painted outside. Rashme Sehgal reports for Rediff.com on the four-year battle to save the Mahan forest in Madhya Pradesh.
Reliance joins a number of large companies, including the Essar and Adani groups, which are raising loans abroad as interest rates in India remain high.
Model X is Tesla's only SUV, & it can go from zero to 97 kmph in 2.9 seconds.
The Mumbai-based brokerage has constructed India Family Firm Index out of listed companies.
'India is still a cash economy.' 'For a common household, almost everything from grocery to maid services is paid in cash.' 'The demonetised notes account for 85 per cent of the currency in circulation.' 'Until fresh notes flow back into the economy, day-to-day transactions ordinarily done in cash will be impacted.'
The Finance Ministry has already circulated a draft Cabinet note withdrawing the conciliation offer to Vodafone to resolve the Rs 20,000-crore (Rs 200-billion) tax dispute case.
World's second largest mobile operator Vodafone Plc of UK on Tuesday sought FIPB approval to invest Rs 10,141 crore (Rs 101.41 billion) in raising its stake in the Indian arm to 100 per cent.
A bench headed by Justice H L Dattu, however, allowed the petitioner, former Additional Solicitor General Bishwajit Bhattacharyya, to file fresh petition with all the relevant documents stating what action Centre has so far been taken on the issue.
A consummate deal-maker, the former Aircel boss raked in the moolah in many, but lost a packet in several others.
Vodafone, according to sources, in its response to the Finance Ministry's offer for conciliation, had expressed keenness to settle the long-pending capital gains tax dispute.
TCS, Infosys and Wipro were down 0.4-2% each. Capital goods majors also ended lower with L&T and BHEL down 1.4-3.9% each.
Only 300 assessees came forward with disputed tax liabilities amounting to Rs 10,000 crore
India has been eyeing deeper energy ties with Iran and has already lined up $20 billion as investment in oil and gas as well as in petrochemical and fertiliser sectors there.
A look at the life and times of maverick businessman Chinnakannan Sivasankaran
A 7:2 majority verdict by the apex court ruled that the tax legislation by the state does not require the consent of the President under Article 304 B of the Constitution
Hindalco has already bagged 4 mines in Jharkhand and Chhattisgarh
Inputs by the Petroleum Ministry were found among stolen documents.
Given the stability of the rupee over the last 10 months, many companies have been tempted not to hedge their foreign currency risk.
Petroleum Minister Dharmendra Pradhan was to give away the awards but he could not attend because he was travelling.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
Granted 6-month relief, subject to interim payments and guarantee, on Rs 3,700-cr demand for alleged transfer pricing in FY09.
The Finance Ministry has called a meeting of heads of public sector banks to clear stalled projects.
Promoters of 517 companies have pledged nearly 46.35 per cent of their shares, the highest since the 2008 global financial crisis.
Representatives of the British telecom company on Friday met senior finance ministry officials, in search of an amicable solution.
The Delhi Police on February 20 arrested five corporate executives.
ONGC was the top performer while private banking major ICICI Bank extended gains
While it was technically not possible to block the deal, the tax department could resort to arm-twisting.
Leaks of documents are neither new nor limited to particular ministries.
'We are facing a crackdown for more than a year. Our permission to collect funds was cancelled. Our bank accounts were frozen.' 'We believe that our work in India is very important. We want to be the environment watchdog. We do not want to waste time fighting legal battles.'
FY14 sees 16% decline in adjustments; department adds only Rs 59,000 crore to the profits attributed by multinationals, against Rs 70,000 crore a year ago