He dropped those perceived to be non-performers or whose integrity came into question, and also where it was felt they needed to learn a lesson or two in humility.
Pune-based Deepak Fertilisers and Petrochemicals Corporation said on Monday it would be investing Rs 400 crore (Rs 4 billion) to set up a greenfield ammonium nitrate plant in Paradip in Orissa.
India's total fertiliser subsidy burden in the current financial year is more than double the budgetry allocation of Rs 24,500 crore (Rs 245 billion) as announced in the Budget.
.jpg)
Lawyers say open offer must for twin stake purchase to meet Sebi rules.
The Sensex closed the day at 28,141, up 486 points, while Nifty50 settled at 8,716, up 155 points.
After being forced to resign as chairman of MCF, Mallya is now keen on increasing his stake in the company
'The question is, how soon we can expect to re-attain the pre-lockdown levels of output and income.'
The Rs 3,200-crore (Rs 32 billion) Hazira LNG Pvt Ltd is expecting to land itself long term gas supply contracts to various domestic fertiliser and power producers, including the Dabhol project, by the end of this year.
Reflecting subdued economic sentiments, the growth slipped to decade's low of 5 per cent in 2012-13, though improvement in fiscal deficit figures provided some relief to the government, which is battling slowdown.
Bangladesh government has agreed in principle to construct a 30-km pipeline for supplying gas to the Tata Group's proposed fertiliser plant in Chittagong.
'The road ahead for the government's fiscal management will be full of many new challenges,' warns A K Bhattacharya.
If approved, gas price will rise to $6.775 per million British thermal unit from $4.2 currently.
The current crisis has forced the government to announce measures to ensure that India becomes self-sustaining for any kind of bulk drug. The government says India will not depend on any other country for vital key ingredients for drugs within six years, reports Sheela Bhatt.
The development comes after a recent notification from the Union home ministry, which has permitted companies to resume manufacturing operations and reopening of shops in red, green and orange zones with certain riders.
All listed firms were required to have at least one woman director on their boards from April 1, 2015, as per a Sebi directive.
According to our Delhi correspondent, following the fallout with the Dravida Munetra Kazhagam, Congress president Sonia Gandhi told outgoing Fertiliser Minister M K Alagiri that she was taken by surprise after the DMK withdrew support from the United Progressive Alliance chairperson.
Automobiles, banks, pharma and software firms growth drivers slowdown in cap goods, construction, power.
The core industries, which also include coal, natural gas, refinery products and crude oil, having a weight of about 38 per cent in the Index of Industrial Production, grew at 3.7 per cent January this year.
Wholesale Price Index-based inflation declined to 6.62 per cent in January, however, retail inflation remained in double digits at 10.79 per cent during the month.
It was 55.3 per cent for the same period last year, and data shows the fiscal deficit for April-May was kept in reasonable check in spite of heavy frontloading of expenditure.
The finance ministry has rejected the formula and, instead, suggested an alternative that takes into account well-head prices of suppliers in Qatar, Oman, Abu Dhabi and Malaysia.
So far in September, the S&P BSE Small-cap index has gained nearly 3 per cent as compared to a modest 0.2 per cent dip in the S&P BSE Sensex.
Another bill related to the farm sector, the Essential Commodities (Amendment) Bill, was passed on Tuesday.
Ashley Furniture Industries, which made a debut in India last month in Bengaluru, planning to open 100 stores in India over the next few years.
Power plants, involving investments of Rs 100,000 crore, facing closure.
The finance ministry on Tuesday cited "green shoots" of recovery in agriculture, manufacturing and services sectors, and said the prompt policy measures taken by the government and RBI have helped reinvigorate the economy with minimal damage. Stating that the agricultural sector remains the foundation of the Indian economy, the ministry said that a normal monsoon, as has been forecast, should support the rebooting of economy.
Bank had no obligations to Perdaman, the judge said.
To address the supply crunch, CII has suggested leveraging the existing excess capacity in the Indian industry; rolling back import duty hike to look for alternative sources of imports; expanding credit to manufacturing units with quick loan sanctions, and one-time emergency waiver of non-performing asset regulations for three months.
The power and fertiliser companies should be prepared to pay higher prices of natural gas as the petroleum ministry favours economic pricing of the fuel, an official said on Thursday.
British scientist Robert Edwards, who won a Nobel Prize award for his pioneering work in developing In Vitro Fertilisation, died on Wednesday. He was 87.
It grew at an annual 2.6% in the April-February period compared with 5.2% a year earlier.
The dispute centres around a coal supply deal in Western Australia.
The government will roll out its ambitious scheme of transferring cash to beneficiaries of select schemes in 20 districts on Tuesday, but food, fertiliser and fuel subsidies will not be covered in the initial phase.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances