The humble Rs 100 bill had several takers on an otherwise normal weekday evening across the country on Tuesday night, even as police had to be deployed outside ATMs to control the crowd waiting eagerly to get their hands on the banknote.
Reflective of the conglomerate's ambition to turn into a consumer-driven business, most of the 33 acquisitions in the last financial year were for its digital, retail, or related verticals.
An Antiguan businessman announced plans to pump $28 million into a regional Twenty20 competition.
The ethanol blended with petrol needs to be of 99.99 per cent purity.
Reliance Industries, India's largest private fuel retailer, may cut petrol and diesel prices by about Re one per litre on Thursday in step with a fall in international oil prices.
Bowing to the demand of state petrol pump operators, Maharashtra Chief Minister Vilasrao Deshmukh on Tuesday agreed to cut state sales tax on petrol and diesel to make auto fuels competitive with neighbouring states.
The government is selling its entire 100 per cent stake in Air India but wants effective control to stay with Indian nationals.
The division of the Reliance empire has helped fuel the upward rally in Reliance's market value as shareholders' wealth surged 100 per cent within a year of the demerger, while net profits doubled in two years.
The state-run Oil and Natural Gas Corporation may buy stake in Bharat Petroleum Corporation's 6 million tonne Bina Refinery.
Low oil prices drove the growth in states' share faster than expected, says Abhishek Waghmare.
The commercial capital may face shortage of petrol and diesel from Tuesday if agitating transporters stop ferrying petroleum products.\n\n\n\n
Benchmark share indices gained for the fifth straight session on Thursday led by index heavyweight Reliance Industries.
Gold, which was hovering around $1,321 an ounce in January 2019, has already breached $1,600 per ounce in the past few sessions to a seven-year high.
India has an unprecedented opportunity to develop solar industry because like China, it offers scale which is critical to reducing costs and to stimulate innovation, says Shyam Saran.
Celerio's 793-cc diesel engine is the smallest in the market.
According to the report, the generation projects envisaged for completion by 2018-19 need to be given priority in fuel linkage.
'If I don't fulfil promises made in it, I can be sent to jail,' he said.
Attending a function where former Bharatiya Janata Party president Nitin Gadkari rolled out business plan of his Purti Group, NCP president and Union Agriculture Minister Sharad Pawar said "there are no untouchables in politics".
'Earlier, when they were selling tickets at Rs 1,000, a family of five could travel by flight.' 'When it comes to realistic pricing and the price becomes Rs 5,000, a family of five will have shell out Rs 25,000.' 'How many will be able to afford that?' 'You will see people switching back to train travel which is more realistic.'
The proposed return of refuelling to Formula One in 2017 will only happen if it is affordable, according to Mercedes motorsport head Toto Wolff.
The Rajya Sabha on Monday witnessed uproar over the steep Rs 2.35 a litre hike in petrol price and 50 paisa a litre increase in cost of diesel.
Despite the romance around the car and its early models, Fiat in India will also be remembered as a brand that frittered away the first mover advantage, says Shally Seth Mohile.
It said the money supply recovered to its pre-demonetisation level in mid-2017 and is now increasing steadily, similar to the previous trend.
'Macro headwinds are rising for Indian equities in the form of rising commodity prices, especially oil, depreciating rupee, fiscal challenges, election-related uncertainty and upside risks to inflation'
The excise duty on unbranded petrol was increased from Rs 5.46 per litre to Rs 7.06 a litre.
This is the largest single dose of equity infusion into the joint venture since its launch in January 2015.
The proposed lockdown, sans present relaxations, will be implemented from June 19 to 30 and on two Sundays (June 21 and 28) there shall be a full scale shutdown without any relaxations.
Working round-the-clock over the past few days, an Indian Institute of Science team is buildingan indigenous ventilator prototype for Covid-19 victims, and it is expected to be ready in the current month itself. A ventilator can be a life-saver for patients whose lungs are damaged by the Covid-19 infection. But India, like all countries grappling with this pandemic, is likely to face a large shortage of ventilators.
The cost of customising the Thar works out to a cool Rs 13 lakh -- which is over and above the cost of the vehicle.
While consumers have enjoyed lower fuel prices, producers have cut spending and thousands of jobs
A vilification campaign against Rosneft has begun in right earnest, says M K Bhadrakumar.
Sukanya Verma offers some amazing opening scenes in Hindi films that fuels an excitement for what happens next.
After a spike, losses on sale of diesel have fallen by nearly a rupee to Rs 2.49 per litre as international oil rates have moderated.
Valuations are much higher than the consensus earnings expectations warrant and also much too high in historical terms, says Devangshu Datta.
The government shouldn't hide behind the veil of making a domestic giant out of the HPC-ONGC deal, rather it should just say it needs cash from this divestment exercise, says Sudhir Bisht.
'We owe our existence to the men in uniform, and we owe it to them to cleanse the armed forces by driving away every bit of corruption that eats into it,' argues Sudhir Bisht.
'It's amazing that a country that claims to be the world's largest democracy is getting into the business of micro-regulating personal and professional lives in this fashion,' says Devangshu Datta.
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Investment can only be by prospective dealers.
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