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.
'The Saudis are in the driving seat in navigating the relations with India; they set its compass and calibrate its pace,' points out Ambassador M K Bhadrakumar.
Saradha scam accused Matang Sinh, who was recently arrested by the CBI, too will continue to enjoy Z-plus security.
The boom in organised retail will set the tone for major economic overhaul. The ripple effect will be improved supply chains, volume output, integration into global commerce, and higher tax collection, notes T N Ninan.
AAP is arguing quietly that indifference, alienation have to go. These are symptoms of disempowerment. For AAP, the battle to empower people demands new engagements with the marginals and corporations, says Shiv Visvanathan.
Govt depts, banks prone to information leakage.
Since allowing FDI in multi-brand retail has been left to the states, Indian companies may not benefit as foreign investors are wary of the politics.
Upfront payment of Rs 32,000 cr just half of Budget estimate; no takers for 700 & 900 megahertz bands
Naresh Goyal, after being ousted with his wife from the board last week, and with his shareholding halved to 25 per cent, can still make a comeback by partnering a new investor and win back majority control.
Telecom operators, including Reliance Jio, have been demanding "same service same rules" regime which means that mobile applications providing calls and messaging services should also be made to comply with set of rules that are mandatory for mobile service providers.
'James Crabtree ignores the emergence of a nexus between business and politics going back to the 1920s and talks of it as a new child of 21st century India,' says Shivanand Kanavi.
'Rahul is only making a pathetic public spectacle of his lack of judgment and good sense by hallucinating that somehow, the Congress, or whatever political combine is cobbled together, will displace the BJP at the coming Lok Sabha election by constantly harping on the Rafale deal,' argues retired civil servant B S Raghavan.
'Sonam is my lucky charm.' 'Because of her, 2018 went well for me, as I got four big weddings.' 'It started with Sonam's in November, then Deepika Padukone-Ranveer Singh's in December, Kapil Sharma's wedding and then Isha Ambani's wedding.'
Markets under pressure; IT financials grab spotlight.
When on October 24, the Supreme Court, on a petition moved by the government, ordered payment of past dues according to its new definition of AGR, the country's second-biggest carrier Vodafone-Idea Ltd warned of shut down if no relief is given. The total dues for the industry ran into a whopping Rs 1.47 lakh crore. For an industry that has come from 7-8 operators to just three private players and state-owned fourth operator, the warning by Vodafone-Idea sounded like a death knell.
Indian telecom seems to be getting back on its feet.
In an interview with Business Standard, Mazumdar-Shaw spells out her plans for the institution over coming years.
'I don't think Siddhartha has done anything wrong. He has not managed his debt well. In any case, he is not the best example of the system going wrong or the system pushing him hard. I think on that particular day, he was depressed and took an impulsive decision. It will be unfair to blame the system.'
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Three PSUs, three private firms join bid to acquire 40% stake in Haldia Petrochem.
'Sakshi Maharaj hasn't kept a single promise... and we're fed up.' 'Annu Tandon is the only one whom we can turn to in distress.'
Bankers say it's a question of survival for debt-heavy companies.
RIL, which has faced numerous delays in getting approvals and shifting goal-posts, said the country did not have a stable policy regime and this was responsible for exit of global energy giants like Royal Dutch Shell, BHP Biliton of Australia, Statoil of Norway and Brazil's Petrobras.
Reliance has announced that it will roll out its e-commerce platform to as many as 1.2 million retailers and store owners in Gujarat. This is part of a nationwide roll-out that will come later this yea, reports Viveat Susan Pinto.
The 30-share Sensex was up 188 points at 28,415 and the 50-share Nifty was up 58 points at 8,584.
If you are not already lost in the zeros this wealth stands at Rs 257 lakh crore or Rs 257 trillion, according to a report unveiled by Karvy Private Wealth for the year 2014.
A majority of India's billionaires gained wealth in the last one year in spite of the stock market decline.
'It's the brazen corruption involving politicians that makes you sit up years after the event,' notes Nivedita Mookerji after reading B K Syngal's Telecom Man.
The Confederation of Indian Industry will organise a round table on investment.
The company raised Rs 53,124 crore through a rights issue and sold nearly 33 per cent stake in Jio Platforms Ltd - the firm that houses telecom business and apps - to likes of Facebook and Google for Rs 152,056 crore.
While the two high-profile exits in pharmaceutical and telecom have raised concerns over regulatory hassles in the country, Japanese investors are still keen to tap into India's consumer growth story and many more merger and acquisition deals are in the offing in this space.
Prasad alleged there was pressure for extraneous considerations and 'bribe' for not finalising the Rafale deal during the UPA rule.
Though the NDA government had been trying to privatise 20 companies, a decision for which was taken in 2017, and included national carrier Air India, the investor community evinced little enthusiasm for any of them. Now, with an in-principle approval for privatisation of BPCL, CCI and SCI, the government has taken the plunge again.
As the nation woke up to images of Prime Minister Narendra Modi splashed across the front page of newspapers by Reliance Industries to announce the launch of its 4G services, Shiv Sena's Member of Parliament from South Mumbai, Arvind Sawant, was not impressed.
This is a national leadership gone so wrong that India's most powerful prime minister in four decades has personally taken charge of medical oxygen shortages, observes Shekhar Gupta.
Letter to telecom secretary alleges Jio is masquerading full-blown services in the guise of a trial; no word from Reliance.
Banerjee along with other regional leaders are likely to play an important role in any future government in New Delhi, so it is in India's interest that regional leaders like herself realise the importance of progressive economics and good governance, says Tridivesh Singh Maini.
Subtle and sharp, sarcastic and self-deprecating. And sometimes just downright rude. There are wife jokes, husband jokes, boss barbs, Modi jibes, weight gain worries and the inevitable China insults. Humour in all forms is the panacea it seems for people around the world who are united in their need to laugh or at least crack a smile in these troubled times.
According to sources, Russian energy giant Rosneft or its affiliates, Saudi Aramco and Reliance Industries are in race for BPCL's three refineries - Mumbai, Kochi in Kerala and Bina in Madhya Pradesh - 16,309 petrol pumps, 6,113 LPG distributor agencies and more than a fifth of 256 aviation fuel stations in the country.
Engineering conglomerate fended off three corporate raids but emerged stronger.
