Efficient use of data and a great sense of timing are two things that stand out in the Sebi whole-time member's order in the matter of Reliance Petroleum
Come December, India may have to re-evaluate purchases of Russian oil if a price cap on crude oil proposed by the US and the European Union (EU) comes into effect. That impacts nearly a quarter of India's oil purchases that come at a discount, helping limit marketing losses for India's state refiners and enabling New Delhi to manage inflation by freezing pump prices of motor fuels. In September, India imported 1 million barrels a day or 24 per cent of its overall imports from Russia, which became the biggest supplier of oil to India.
'Everybody is losing money as interest costs keep piling up.' 'Some films will wait for a theatrical release and some won't, keeping their profit and loss situation in mind.'
The industry's reactions to the Budget have been mixed.
But do not expect the finance minister to fulfil all these wishes
Reacting to the Twitter spat between Bollywood actor Ajay Devgn and Kannada actor Kichcha Sudeep over the use of Hindi, former Karnataka chief minister and Janata Dal-Secular leader HD Kumaraswamy, said: "Actor Ajay Devgn is not only hyper in nature but also shows his ludicrous behaviour."
'RBI and the economy will gain tremendously from Urjit Patel's experience in both private and public sectors'
Oncologist Dr Sthabir Dasgupta talks about the impact of Novartis's losing patent case on the Indian pharma industry.
'My father's life sends a message that there are positive things happening between India and China, no matter what happens at the border.'
'Whenever we were low in energy and wanted support, we turned to him.' 'He has done a lot for me.' 'He did not leave any stone unturned to launch me.'
Mrunal is all set for Toofan...Urvashi goes gold...
'Mithun has showed Hindi cinema that a tall, dark man with a charming smile and a great physique can take the world on.'
'You can't call this a pure Western. This has got love, passion, violence, suspense.' 'This is a film of today.'
Sharad Pawar reckons that the NCP has value as a united, going concern, not as a gaggle of leaders in search of followers, notes Shreekant Sambrani.
Officials of the Bengaluru-headquartered space agency said the first and second waves of the pandemic have "severely affected" the Gaganyaan programme.
Wang ranked second on the list this year, with a fortune of 145 billion yuan.
Uncle Pai, as he was fondly called, inculcated in Indian children a love for and interest in India's glorious past and its heroes.
So far at least eight incidents of EV fires have been reported in just over a month's time.
Model Shimona Nath explains why it was such a terrible experience.
The Adani Group on Friday said it has acquired 27.26 per cent equity stake in NDTV from Prannoy Roy and his wife Radhika Roy -- founders of the news broadcaster. "RRPR, an indirect subsidiary of the company and member of the promoter/promoter group of NDTV, has acquired a 27.26 per cent equity stake in NDTV from Prannoy Roy and Radhika Roy by way of inter-se transfer...," said a regulatory filing from Adani Enterprises. On December 23, Prannoy Roy and Radhika Roy had announced to sell 27.26 per cent out of their remaining 32.26 per cent shareholding in the NDTV to the Adani Group.
Indian novelist Indra Sinha is among six authors shortlisted for the Man Booker Prize, Britain's most prestigious award for fiction.
The actor talks about his film Ready, his co-stars and marriage.
Reliance Industries, headed by India's richest man Mukesh Ambani, has bought an ultra-luxury Rolls Royce hatchback costing Rs 13.14 crore.
'I don't want my life to be a rat race. I want it to be an adventure.
The Iconic Gold Awards 2022 was held at Mumbai's Hotel Sahara Star over the weekend, and it was quite a star-studded affair.
The Dadasaheb Phalke International Film Festival awards were held in Mumbai on Sunday, and film folk were honoured for their recent work.
Reliance earned $11.50 for every barrel of crude that it processed during the last three months of the calendar year - almost 60 per cent more than a year earlier.
The government-appointed expert committee, which probes incidents of Ola Electric's S1 Pro and Okinawa vehicles catching fires, has added the latest case of fire involving PureEV electric scooter to its investigation, a senior government official told Business Standard. "A team comprising experts from Indian Institute of Science (IISC) and Centre for Fire, Explosive and Environment Safety (CFEES) are investigating the cases. "As soon as the report is submitted, we shall take appropriate action," said Giridhar Aramane, secretary at the ministry of road transport and highways.
'No politics for me.' 'I can't handle that at all.'
Richest Indian Gautam Adani's ports-to-power-to-cement conglomerate is "deeply overleveraged" with the group predominantly using debt to invest aggressively across existing as well as new businesses, CreditSights, a Fitch Group unit, said on Tuesday. In a report titled 'Adani Group: Deeply Overleveraged', CreditSights said, "In the worst-case scenario, overly ambitious debt-funded growth plans could eventually spiral into a massive debt trap, and possibly culminate into a distressed situation or default of one or more group companies." Starting out as a commodities trader in the late 1980s, the Adani group has diversified from mines, ports and power plants into airports, data centers and defence.
Vasudeo Joshi of Man Financial says that numbers posted by Reliance was slightly below expectations. According to their full-year estimates, EPS is expected at Rs 70 for Reliance.
Former Tata Sons chairman Cyrus Mistry was on Sunday killed in a road accident after his car hit a divider in Maharashtra's Palghar district neighbouring Mumbai, a police official said.
He is a man who sells weather. Kolkata-based businessman Angshujyoti Das is the owner of Express Weather, a firm that sells weather forecast to farmers, corporates, agri-input-based industries and even film production companies.
Alnoor Peermohamed & Raghu Krishnan find out why the new CEO is said to be the perfect man for turning around Flipkart's fortunes.
'I don't need to go out now. I don't have to buy votes. My workers are campaigning for me, visiting villages. I know people in every village and their issues,' says the 78-year-old leader.
'I will always remember him for his innocent smile, twinkling eyes, and kind words.'
'I have lost a piece of my heart.' 'I can cry me a river and write words & words.. but I can never completely express what he means to me.' 'Mera yaar ...KK!!'
Formula One will have a new power unit from 2026 with the focus on sustainability and a more cost-efficient future.
Puneeth fan M D Riti lists five films that she consider to be amongst his best.
'Today's generation can learn from him how not to hurt anyone's sentiments at a time when many stand-up comedians deliberately set out to do so.'