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.
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
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.
The 30-share Sensex ended down 208 points at 28,261 and the 50-share Nifty closed 64 points lower at 8,571.
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.
A platform that helps retailers reduce failed transactions while keeping the cost down, Innoviti is all set for India's digital payments revolution.
Parts of electric cars are costlier and repairing often means replacing an entire system, which drives insurance premium rates up.
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.
The road ahead is not expected to be easy for one of India's best-loved brands.
Market regulator also announces measures for mutual funds sector.
Walmart, the world's largest retailer, is hoping to get more than 30,000 consumers through its e-commerce pilot project that will be launched in the first week of July.
The strategy of returning cash to shareholders through stock purchases could hinder their digital expansion plans
The breakdown of talks between Greece and its international creditors raised fears of Greece's exit from the euro zone.
Many chief executives said they were talking to people at the top level in their organisations to find how their companies can help the flood victims.
Live commerce, quick commerce, group buying, WhatsApp commerce, dukaantech have made their mark.
Most analysts expect growth in the sales of Nifty-50 companies to decelerate, albeit marginally, in the quarter ended December compared to the corresponding period of 2013-14, with metals and real estate companies pulling down earnings.
Asian markets were trading mixed with the Nikkei gaining after the US dollar strengthened against the yen.
The economic slowdown has made it difficult for companies to record financial closure of a few awarded projects.
Given the escalating cost of doing business, the revenue opportunity is decreasing and consolidation is an inevitable part of the industry.
The govt auditor also indicts DGH and management committee of D1 and D3 fields
This weakness is likely to continue in the near-term.
Clamping down on the delays in repatriating foreign exchange earnings, the Reserve Bank of India (RBI) has tightened norms for special economic zones (SEZs), asking them to realise and bring back full value of goods and services to India within a year from the date of export.
For some, he is a visionary who grew his one-channel firm into a media giant by the sheer dint of his courage; for others, he is a compulsive risk-taker.
News media takes a beating from the economy, advertisers and the rupee. To stay afloat, publishers are reacting by folding up businesses and axing staff.
How did marquee Dalal Street investors fare in the Jan-Mar quarter that saw the BSE Sensex tank 10 per cent?
This is largely on the back of Tata Steel's expansion at Kalinganagar, as well as JLR's in China and Brazil
The rally in most of these stocks is partly attributed to impressive financial performance.
Akhilesh Yadav is now seeking to devote the remaining 18 months of his tenure in casting the state in a new mould.
Execs of RIL, Essar, Cairn India, Jubilant Energy, ADAG detained.
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The Management Committee headed by Director General of Hydrocarbons R N Choubey refused to take a view on appointment of renowned reservoir consultants Ryder Scott, DeGolyer and MacNaughton, Gaffney, Cline & Associates or Netherland, Sewell & Associates to ascertain if RIL's claims of fall in reserves are actually true or the firm was hoarding gas by producing less, official sources said.
With mobile data getting cheaper, insurers are introducing technologies that eases buying and lodging claims.
Rajesh Bhayani examines what SEBI's approval of diamond futures trading means for the diamond market players.
Govt notification on $8.4 a unit price likely by month-end
Budget has already bombed at the box office and passing it without a revisit will be a mockery of the exercise though any modification may be short lived and perfunctory, observes V Ranganathan.
Several of the mutual fund schemes have plans like dividend, growth and bonus.
'India is so poor that political parties will not be able to wipe out poverty from our country in another 100 years. I am of the opinion that development can come only through corporates.' 'Tomorrow, if Tata or Birla or Reliance takes up another 500 panchayats, it will boost the Indian economy also.' Sabu M Jacob, managing director of the Kitex group whose NGO Twenty20 has just won a panchayat election in Kerala, speaks to Shobha Warrier/Rediff.com
'The focus is more on the outlook for global growth'.
'I sat down and asked them what they would want in their new school. One student said a football field, another one asked for computers. One little girl came and sat next to me and said, "A separate toilet for the girls." I think these small things make a huge difference in the future of education in India,' Nita Ambani tells Aseem Chhabra/Rediff.com
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