A joint venture of Adani Group and Welspun Enterprises Ltd has discovered natural gas reserves in an area off the Mumbai coast, the two firms said in a statement Monday. The first-ever gas discovery was made in the NELP-VII block MB-OSN-2005/2, Adani Welspun Exploration Ltd (AWEL) said. Spread across 714.6 square kilometers, the block is located in the prolific gas-prone Tapti-Daman sector of the Mumbai Offshore basin where production is already underway by other operators.
They were sharing a stage and took part in a gala dinner at the opening of the VII Summit of the Americas.
The allotment is expected to attract investments of $1.5 billion, around 57 per cent less than the $3.5 billion commitment for the 52 blocks awarded under the previous auction. ONGC and its partners bagged the maximum number of 20 blocks in the seventh round, which closed on June 30. Australian mining major BHP Billiton and its partner GVK Power, bidding for the first time, won seven deepwater blocks.
"I am saddened, however, that there is a small, handful of members that seem to be still tolerating the war," Sergiy Kyslytsya said after the Security Council voted on the United States-led draft resolution.
Tirumurti also said India is 'deeply concerned' about the welfare and security of the Indian community, including a large number of Indian students, in Ukraine.
The cottage had been a royal gift to Abdul Karim by Queen Victoria, then Empress of India, in recognition of his service and as a sign of her affection towards her Indian aide and confidant.
NatSteel Asia Pte Ltd (NSA), the Singapore-based subsidiary of Tata Steel, said on Thursday it has acquired two new steel-bar rolling plants in Vietnam for $41 million as part of strategy to expand in the Asia-Pacific.
Here's how its lead actors have changed over the years.
A committee suggested that CSR expenditure be made tax deductible, in order to incentivise spending by companies. It also said that CSR should not be used as a means of resource-gap funding for government schemes.
The Election Commission on Wednesday ruled out any change in the schedule of the West Bengal assembly polls and told the Trinamool Congress that its suggestion to club the last three of the eight phases is "not feasible".
The major initiatives of the Modi government have been launched to ensure cleanliness across the country
Private equity (PE) is set to play a bigger role in banks. Of 21 recommendations accepted by the Reserve Bank of India (RBI) out of 31 made by its Internal Working Group (IWG), its stance on non-promoter holdings in private banks is seen with excitement, though it doesn't refer to PEs explicitly. On non-promoter holdings in these banks, the RBI said this will be capped at 10 per cent of the paid-up voting equity share capital in the case "of natural persons and non-financial institutions and entities"; and "at 15 per cent for all categories of financial institutions, entities, supranational institutions, public sector undertaking, or the government." While this is a modification of the IWG's stance for the non-promoter holding in banks at up to 15 per cent, it does open up a huge window for PEs, all the same. This is because, while the RBI has remained silent on the eligibility of industrial houses for bank licences, fresh high-quality capital in large amounts can only come from PEs.
Get your lowdown on what's going on in the world of Hollywood, right here.
When looking for alternatives, consider several parameters -- your investment horizon and liquidity requirement, post-tax returns, and risk.
Corporate social responsibility rules that kicked in on Friday also set a three year time-limit for any CSR project, among a series of other amendments introduced by the government.
Gareth Bale will undergo ankle surgery next week to repair damaged tendons, Real Madrid said on Thursday. The Wales international picked up the injury during Tuesday's 2-1 Champions League victory at Sporting Lisbon. "Real Madrid Sanitas Medical Services have decided that Gareth Bale will undergo an operation following the traumatic dislocation of the peroneal tendons of his right ankle," La Liga leaders Real said in a statement.
Taking note of a plea by some fishermen seeking compensation, the Supreme Court on Thursday directed the Kerala high court not to disburse any amount from the Rs 2 crore earmarked for the owner of fishing boat St Antony in which two fishermen were killed by Italian marines in 2012.
The Supreme Court has accepted the proposal mooted by the Centre that KV students of class VI, VII and VIII will not have to take examination for third modern Indian language Sanskrit in this academic session and they may continue to study German as an optional subject.
Ria Gada, a Class VII student, describes her breathtaking experience enroute to Peth Gadh, a popular trekking site near Karjat in Maharashtra.
The owners of the Australian radio station that carried out the prank call which apparently led to an Indian-origin nurse's suicide said today that the tragedy was 'unforeseeable', promising immediate action and review of broadcasting processes.
The family of the Indian-origin nurse, who committed suicide after answering a hoax phone call about the Duchess of Cambridge, has received no answers for 40 questions that they sent to her hospital bosses.
An Indian-origin nurse who was duped into transferring a hoax call that gave away information on pregnant Kate Middleton's medical condition to Australian radio presenters was Friday found dead in a suspected suicide.
Termed as the most anticipated pregnancy since the Princess Diana's, British Prince William and Catherine, Duchess of Cambridge, are expecting their first child after 19 months of marriage.
The family of the India-born nurse, who is believed to have committed suicide after receiving a hoax call on Kate Middleton's pregnancy, is struggling with the prospect of massive legal bills to uncover the truth.
Queen Elizabeth II was on Sunday admitted to a hospital in London after experiencing symptoms of gastroenteritis, said Buckingham Palace officials.
No charges will be brought against two Australian DJs over a hoax call to a British hospital treating Prince William's wife Kate that led to the suicide of a Indian-origin nurse, the Crown Prosecution Service said on Friday.
From shootout at an elementary school to a nurse's suicide over a hoax call, from a scandal involving the CIA chief cheating on his wife to romps of Britain's prince in Las Vegas, 2012 continued to send shockwaves across the globe. Here are some of the moments that stopped us in our tracks.
Vicky Nanjappa meets the grieving family of the Indian nurse who was found dead at the nurses' quarters next to the private King Edward VII hospital in Marylebone, central London, after being the victim of a hoax.
The distraught family of an Indian-origin nurse, who got caught up in a prank call made to a hospital treating Prince William's wife Kate, believe she died of shame after falling for the hoax. Jacintha Saldanha, 46, was found dead at the nurses' quarters next to the private King Edward VII hospital in Marylebone, central London on Friday.
Two Australian radio presenters, who made a prank call inquiring about the medical condition of a pregnant Kate Middleton, have been taken off air. The development comes a day after an Indian-origin nurse who transferred their hoax call was found dead in a suspected suicide.
An National Cadet Corps cadet was hit by a bullet allegedly fired by his instructor at a shooting range in Pune, the police said on Monday. Parag Ingle of Wadarwadi, an NCC cadet from class VII of Loyola High School, was admitted to the Command Hospital after he was hit by the bullet on Friday.
Toyota's concept vehicle Fun-Vii shows a display content on its body during its unveiling at a pre-Tokyo Motor show.
Pakistan on Tuesday successfully test fired the nuclear-capable Hatf-VII cruise missile with a range of 700 km, the latest in a series of tests of missiles that can hit targets deep within India.
Vicky Nanjappa talks to the family of 46-year-old nurse Jacintha Saldanah, who was found dead in her hospital quarters in central London
A 12-year-old tribal girl was seriously injured when she was thrown out of a running train by a man who allegedly tried to sexually abuse her, police said.
Get Ahead reader Yatharth Jain answers the one question millions of smartphone users want to know: Which smartphone or OS is best suited for me? He lists out seven phones based on various personalities.
The next 10 images will prove why the world is a mad, mad place to be in!
The government may marginally increase petroleum prices, petroleum secretary M S Srinivasan on Tuesday said.
"It is with deep sorrow that Her Majesty The Queen has announced the death of her beloved husband, His Royal Highness the Prince Philip, Duke of Edinburgh. His Royal Highness passed away peacefully this morning at Windsor Castle," the Buckingham Palace tweeted.
In June, Disney had laid off about 250 employees.
