In the past, the absence of commercially viable gas prices had not only discouraged high-risk new exploration activity but also hindered the development of some of the existing discoveries, such as the satellite fields in the Reliance Industries' eastern offshore KG-D6 block.
Samvat 2070 was a great year for top Indian conglomerates in the stock markets.
A new formula for pricing natural gas in the domestic market was determined; the decontrol of diesel prices was announced; and the scheme that directly transferred subsidies to bank accounts of users of liquefied petroleum gas (LPG) cylinders was modified and relaunched.
But earnings of main private holding firm get a booster dose from RIL dividend
The government plans to take India into the top 50 ranks in ease of doing business in the next two years with efforts such as shifting all applications for industrial licenses online.
Union government limits powers of Anti Corruption Bureau to corruption cases involving Delhi state govt officials
The committee said whatever benefit RIL received in terms of the migrated gas is liable to be returned to the government.
'According to politicians, farmers are the fourth grade citizens of India.' 'We farmers could meet the prime minister and ministers during Congress rule.' 'But none of the BJP ministers want to even meet us.' 'The prime minister has time only for foreigners, but has no time to meet us farmers.'
The arbitration clause is present in almost 95 per cent of corporate agreements, according to tax and audit firm Ernst & Young.
Incessant showers caused landslides and floods in various parts of the country leaving at least 17 people dead on Wednesday while thousands more were forced to move to safety as rivers swelled and water reservoirs filled up fast.
'AAP's real value must be measured not by the number of Lok Sabha seats it wins in the election -- which may not exceed 10 or 15 -- and not even by the number of votes it takes from the BJP, but by its ability to deflate Modi's superhuman '56-inch chest' image and the charisma so assiduously manufactured around him by the corporate-controlled media.'
The agency would probe whether Sibal had shown undue favour to RIL.
Congress stalwart Murli Deora passed away on Monday morning after battling a prolonged illness. He was a politician who shared rapport across the political and corporate spectrum.
Telugu Desam Party president and leader of opposition in Andhra Pradesh assembly, N Chandrababu Naidu on Thursday sought Prime Minister's direction for Maharashtra and Karnataka governments over the issue of "illegal" construction of barrages across Godavari and Krishna rivers.
The ruling Congress suffered a setback in Andhra Pradesh on Thursday as three Members of the Legislative Assembly from the coastal region quit the party in protest against the bifurcation of the state.
In an 85-page note to the Group of Ministers set up to look into the bifurcation of Andhra Pradesh, Chief Minister Kiran Reddy on Monday raised 36 crucial points why a separate state of Telangana is not desirable.
Three Telugu Desam Party leaders including former state Home Minister K Siva Prasad Rao on Thursday went on indefinite fast at the Hindu College centre in Guntur opposing the proposal to divide Andhra Pradesh.
RIL has denied knowingly producing any gas from the ONGC block
Ruias to sell Essar Steel stake to strategic partners.
At $12-bn valuation, this will be India's largest FDI; deal to be announced on Saturday, says Dev Chatterjee.
A cloud burst over Hyderabad, resulting in 13 cm of rain in a matter of five hours, has claimed 10 lives as houses collapsed in different parts of the metropolis and normal life was affected. More than a dozen people were injured and admitted to Osmania General hospital and other hospitals.
Andhra Pradesh Chief Minister Dr Y S Rajasekhar Reddy on Tuesday sought a massive central assistance of over Rs 31,000 crore (Rs 310 billion) for accelerating the development in various sectors in the state.
The Supreme Court on Friday granted six weeks time to Mukesh Ambani's Reliance Industries Ltd (RIL) to respond to the final CAG report which found alleged irregularities including in payments made to the contractors on drilling of D6 wells at the Krishna-Godavari basin.
Riding on a stock market boom since 2009, India Inc's chief executives have been able to salvage a lot of lost pride in their second innings.
Sixteen deaths in rain and flood-related incidents have been reported from western Maharashtra in the last seven days, while the toll in Karnataka rose to five since Sunday.
Normal life remained paralysed for the second consecutive day in the 13 districts of the coastal Andhra and Rayalaseema regions of the state following the bandh call by Andhra Pradesh Non-Gazetted Officers and YSR Congress against the tabling of the Telangana bill in Lok Sabha.
Investors accumulated quality stocks at valuable and attractive levels.
Reason behind for the change in his stance: gas price increase.
Investigation into the attacks on some temples in Andhra Pradesh has revealed that most offences were committed by treasure trove hunters, believers in superstition, drunkards and others, Director General of Police D G Sawang said on Wednesday.
Incessant rains lashing Andhra Pradesh for the last five days have claimed 42 lives so far in various rain-related incidents like wall collapse and inundated crops in about eight lakh hectares, official sources said on Sunday.
BC Tripathi, who helms India's largest natural gas marketer and transporter -- GAIL, discusses last-mile connectivity to homes with Jyoti Mukul and Shine Jacob.
'He keeps reminding me he is senior. There is no debate in this. I have never shown any disrespect to you since you are a senior,' the PM said.
Rediff Labs analyses the current storage departure of water in 91 reservoirs across the country.
Devastating Cyclone Hudhud caused damage worth thousands of crores in Visakhapatnam and other storm-hit areas of the coast, Andhra Pradesh Chief Minister N Chandrababu Naidu said in the port city on Tuesday.
The district is badly hit by heavy showers as around four thousand people were shifted to 30 shelters by the district administration from flood affected areas.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances