Reliance Industries on Friday hit out at Oil and Natural Gas Corp (ONGC) for suing it over KG gas dispute, saying some elements in the state-owned firm may be "misleading" the chairman D K Sarraf to hide their failure in developing the discoveries made over 13 years.
VCs have been especially bullish about India.
In 5 years, the AMC has clocked a growth rate of 40% with its AUM up nearly 4 times.
Traders said the current demand is backed by government-funded projects which usually come up in the months before the election and the pace may slow down after the election, pushing the growth back to the previous levels.
The new executive director of Reliance Capital has big shoes to fill in every way.
Companies with more than Rs 10,000 crore of debt would seek refinancing.
Commercial services may start in Mar-Apr next year
Vipul Ambani, a runner who participated in city marathons, never wore his last name on his sleeve, was easy-going, mild-mannered and always smiling. Yet, the question that begs to be asked is why would he join a luxury jewellery company, says Pavan Lall.
This recognition is a testimony of India's strong belief in promoting entrepreneurship
RIL has slapped an arbitration notice challenging oil ministry's decision to take away 814 square kilometer of its eastern offshore KG-D6 area that contained five gas discoveries.
Wipro, Steel Authority of India, HDFC Bank, Mahanagar Telephone Nigam, Bharat Heavy Electricals and Reliance Commnications among companies reporting a decline in headcount in FY17.
The 30-share Sensex ended higher by 30 points.
The profit boost for studios will in large part be driven by the rush for local-language content from platforms like Netflix Inc
The fund industry may have embraced machines and robots, but managing money still needs the human touch
Hiranandnani's new venture is well-timed, but it will face heavy competition from both international majors and domestic peers like Adani Group.
The idea that technology and startups with newer business models will not disrupt traditional businesses has been thrown out the window.
The primary problem is that India's garment factories are too small and they typically have 150 people and about 80 machines.
After initial success, data use is stagnating and getting consumers to spend additional money for high-speed internet is proving to be difficult for telcos.
The fuel reforms are a very important signal of the government's commitment to tough economic reforms.
While the Saudi drone strike has put the focus back on anti-drone measures, caution also stems from the fact that India has a number of large oil refining assets close to India-Pakistan border.
The broader markets are trading inline with the larger peers with BSE Midcap and Smallcap indices up 1.5% each.
Growth concerns on China, which has already seen the yuan getting devalued twice in August, have rattled global financial markets, including that of India.
The Sensex ended down 134 points at 28,559 and the Nifty ended 35 points lower at 8,554
If IOC is not allowed to run its own affairs, then we can see it close down in the next 10 to 15 years, warns Sudhir Bisht.
The BSE Midcap index has declined 5.7% thus far in May 2018. In comparison, the S&P BSE Small-cap index has lost 5.6%
According to Insurance Regulatory and Development Authority recommendations, a uniform grace period of 30 days is extended for annual, half-yearly and quarterly renewals, and 15 days for monthly renewals.
Economist Deepak Nayyar says economic openness, while necessary, is not sufficient, and is conducive to development only when combined with industrial policy.
Bharti Retail launched its first mall, The Pavilion, in Ludhiana.
Policy constraints may prevent many of the global retail giants from reaching their full potential.There are too many restrictions right now in the sector and policy makers lack clarity.
Dream rally: Investors' wealth doubled in 5 years in India's equity market on Friday.
Fresh investments by corporates up just 5.8% in FY17, lowest since 1992
As debt piles up, Anil Ambani's ability to see the asset sale plan through will be crucial
Mukesh Ambani's Reliance Industries (RIL) might be denied a higher gas price from its D1 and D3 fields until the arbitration process with the government is over and a third-party expert report on the fall in output at the KG-D6 block is out.
Recently, world headlines buzzed with Elon Musk's announcement that he was shelving his audacious bid for social media platform Twitter. Away from the media spotlight, questions are being asked about the maverick billionaire's plans in India, too. A few days ago, a Reuters report said Musk's flagship Tesla had put on hold its plan to launch electric cars in India.
A 15 per cent corporate tax rate for services companies in SEZs, setting up a fund for deep-tech startups and establishing clusters to demonstrate design-to-manufacturing capabilities of tech firms were some of the key demands made by the IT sector at the pre-Budget consultation on Monday. The participants shared their views and suggestions regarding Big Data, incentives for encouraging setting up of data centres, fiscal incentives for data localisation, incentives for pushing digital penetration in rural areas, and corporate guarantee to startups for competing with other nations.
Its new industrial policy appears to benefit industrial houses
The UK has responded to PM Modi's call to 'Make in India' by launching great collaborations in January 2015.
A platform that helps retailers reduce failed transactions while keeping the cost down, Innoviti is all set for India's digital payments revolution.
The 30-share Sensex ended down 208 points at 28,261 and the 50-share Nifty closed 64 points lower at 8,571.
Parts of electric cars are costlier and repairing often means replacing an entire system, which drives insurance premium rates up.
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