An impartial probe into the coal scam can only take place once Prime Minister Manmohan Singh steps down from office, Bharatiya Janata Party said on Friday in reaction to his offer to face CBI in a coal block allocation case.
The proposed investment will be made in aluminium, cement, telecom, retail, among other sectors, in the state over the next few years. Birla, who was in the city to discuss some project related issues with Orissa Chief Minister Naveen Patnaik, said the company also intends to launch its retail business in the state as part of its national roll out plan in the next six months.
The calculation excludes cross-holding of listed group cos in each other.
Indian-American business leaders meet to discuss ways to make this initiative a success.
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The Tata Group says it is bullish on investment in India.
Since the court had earlier questioned distribution of mining rights through the screening committee route, experts say the solution worked out would be weighed on the basis of legality.
''Being Human represents a concept.' 'We could have pushed the budget to any level we wanted, but we did not.' 'We wanted to design a place that was easily identifiable and relaxing.' 'When somebody comes in for help, you don't want to have onyx and marble flooring.'
L&T chairman AM Naik is worried about few things.
Jaitley's Budget has the potential to change the face of Modi's Bharat
The 30-share Sensex ended up 292 points at 29,571 and the 50-share Nifty closed up 75 points at 8,910.
Indian billionaires do not believe in sitting on their wealth.
Many top corporate groups hit hard, in penalties and sunk investments, beside loss of future revenue
Pakistani Prime Minister Nawaz Sharif has cancelled his visit to WEF annual meeting after a deadly Taliban attack in his country.
Engineering conglomerate fended off three corporate raids but emerged stronger.
Glimpses of the change Narendra Modi promised million of voters were visible at Rashtrapati Bhavan. Modi has now no excuse, but to perform and change India for the better. Sheela Bhatt/Rediff.com reports from the presidential palace. A feature on the swearing-in ceremony like none other.
How Chanda Kochhar and her husband Deepak Kochhar find themselves in a huge controversy.
'I have realised that if we want to make a difference in global ranking, there has to be movement in a few dimensions, but it is a bit beyond us.' Outgoing IIM-A director Ashish Nanda discusses his tenure at the revered institute with Vinay Umarji.
'When you come through the hassles and struggles of business life, your mind is wired differently.' 'You are more connected to reality,' Akali Dal MP Naresh Gujral tells Rahul Jacob and Archis Mohan
Congress leaders led by Sonia Gandhi marched from the Congress headquarter in New Delhi to the residence of Manmohan Singh to express solidarity with the former prime minister, who has been summoned as accused by a court in a coal scam case.
So let's stop focusing the Modi agenda on India Inc and the capital markets, and let's start focusing on the Modi development agenda for the average Indian.
Endless cases, piles of files, meagre resources and unrelenting scrutiny... the CBI's life story is all that and more, says Ruchika Chitravanshi
Happy at the clear mandate given by voters to the BJP-led NDA, India Inc on Friday exuded confidence that Narendra Modi will initiate bold and decisive policy reforms to promote economic growth.
The threat may be a decade away, but it has brick-and-mortar sellers rethinking their strategies and banking on the govt to regulate online companies.
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Crony capitalism will of course generate investment and ensure profit for private capital, but it won't give employment or income to the people. If you can make money by selling coal or speculating in land, why produce electricity, why invest in research and development, why even set up factories, asks Praful Bidwai.
India Inc is encouraged by a determined Budget.
It is hoped that the decision of India's apex court will send a signal to politicians and their cronies from the world of business that the rule of the law does eventually prevail, says Paranjoy Guha Thakurta.
'The Budget has maintained fiscal prudence while announcing a number of steps to boost growth, particularly in infrastructure and rural sectors.'
Maharashtra Chief Minister Prithviraj Chavan makes a gallant attempt to deflect accusations against the United Progressive Alliance's record in his freewheeling conversation with Business Standard's Aditi Phadnis over lunch.
In a recent lecture, RBI governor Raghuram Rajan dished out some frank advice -- don't get into 'jugaad', instead try for the long haul. Only that will sustain in the long-run.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
'What is forgotten but is actually as important for a society's long run success is morality.' 'Morals and trust are the nuts and bolts of an economy.' 'Without those you can get short run success, but not long-run development.'
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
India Inc has few leaders who are likely to grab headlines in 2015.
