India Gas Solutions Pvt Ltd -- the equal joint venture between the Mukesh Ambani-led firm and Europe's second largest oil firm - is among the three companies shortlisted by Gujarat government for giving out 25 per cent stake in the Mundra terminal.
There were more than three losers against every gainer on BSE
Trade and economic issues, including visa, totalisation pact and impediments hampering investments, are likely to figure at Monday's US-India CEO Forum meeting, which will be jointly addressed by visiting US President Barack Obama and Prime Minister Narendra Modi.
Several high profile companies are burdened with losses, mounting debt and have a huge load of operational costs.
Not only do you need an effective and independent regulator, you also need competition to flourish.
Seventeen containers on board amerchant vessel slipped off Okha West and began floating in sea prompting the Gujarat Maritime Board to sound an alert for ships approaching Gulf of Kutch, a major corridor for crude oil imports.
'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.'
ICICI Bank extended yesterday gains, rising 10% in two trading sessions
Given the stability of the rupee over the last 10 months, many companies have been tempted not to hedge their foreign currency risk.
Leaks of documents are neither new nor limited to particular ministries.
ONGC was the top performer while private banking major ICICI Bank extended gains
Indian billionaires do not believe in sitting on their wealth.
A glance back at some important events that occurred in 2018.
Since the US, the second biggest emitter of greenhouse gases after China, has shifted in a major way to shale gas, the focus of global environmentalists' ire has fallen on India, which is the third biggest emitter, reports Darryl D'Monte.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
The 30-share Sensex ended down 215 points at 27,011.
The Sensex ended above 27,000 for the first time while the Nifty topped 8,100.
A large chunk of the Rs 8.8 lakh crore of investments the Patnaik government had attracted is in uncertain territory.
Year 2013 saw business leaders facing the ire of hostile investigative agencies.
A look at the life and times of maverick businessman Chinnakannan Sivasankaran
Largest deal in thermal power space; Lanco to use proceeds to lower debt.
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Revenue yield on every rupee of investment fell to Rs 1.06 in FY13 from Rs 1.20 in FY08.
'Greenpeace has been brutal in targeting both India and the Manmohan Singh government. The push to go after Indian coal is driven by its long-term agenda. What is surprising is that China has not been meted out the same treatment, despite the fact that the rise of China as an economic power has been built around generating power from coal. 'Being richer and more affluent, yet far less democratic, there is less room for an NGO such as Greenpeace to drive home a complicated global agenda, so there is more of a tendency to go along with anything the Chinese offer despite China being the biggest by far with regard to coal use. But for India, it reserves tougher prescriptions, notably for its middle class, says Srinivas Bharadwaj.
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