The crucial talks between the government and striking transporters on Thursday failed to make any progress to end the four-day long strike with both the parties sticking to their positions.
VRL investors have punished the stock for his move, but Sankeshwar is defiant.
Petrol and diesel will cost less in coastal areas than inland locations if Petroleum Minister Ram Naik approves a differential pricing policy
Mass mobility in India is in a race when the light turns from yellow to green. Just that this moment has lasted three years. The renewed enthusiasm, however, indicates that the lights may finally be about to change, says Patanjali Pahwa.
Measures that will make Indian cities more organised and liveable need to be implemented to tackle the menace of pollution.
A Malaysia Airlines aircraft carrying more than 300 passengers made an emergency landing at Melbourne airport on Friday after a reported engine fire.
The multinational oil firm, however, is required to furnish a Rs 500 crore bank guarantee to the government.
The nationwide indefinite strike by truckers, demanding stable fuel prices and fewer levies, entered the tenth day on Wednesday amidst reports of a vertical split in the striking union.
World's third largest oil firm Royal Dutch/Shell will source petrol and diesel from Mangalore Refinery and Petrochemicals Ltd for its upcoming 2000 petrol stations in the country.
The five passengers, who escaped with burn injuries, are undergoing treatment at a private hospital in Hyderabad.
India needs a host of low-cost carriers, like in other countries, to enable more people to fly, global consulting firm A T Kearney said on Friday.
The government has approved 23 foreign direct investment proposals including the Rs 460 crore (Rs 4.60 billion) plan of Shell Gas BV to set up a 100 per cent subsidiary in India to market transportation fuels.
Rise in vegetable prices can reverse the benefits of low oil prices.
'Chinese experts estimate that the new US administration is 'at the crossroads of how to re-manage and control' Sino-American differences and strategic divergences and Biden's bottom line is that the US would have 'extreme competition with China, but won't allow competition to develop into conflict',' notes Ambassador M K Bhadrakumar.
One pilot died and another suffered a major injury after Virgin Galactic's SpaceShipTwo crashed during a test flight in California's Mojave Desert on Friday.
On the Delhi-Mumbai highway, Rs 1,200 crore (Rs 12 billion) worth of fuel will be saved annually after the installation of ETC, the minister said.
Jil Jung Juk does have its share of laughs but it lacks the chaos, excitement and crazy fun that would have made the film more enjoyable, writes S Saraswathi.
Host of carpool mobile apps are offering shared taxi rides within cities
Ajit Issac started as a management trainee at Godrej.
Average overall sales which used to be around 8,000 units a year ago has dropped to 7,000-7,500 units in a month. A lot of government projects have been announced but these are yet to translate to boost CV sales.
As of now, tankers carry petroleum products from India to Nepal as part of an arrangement which is in place since 1973.
Shekhar Chakravarty has developed and patented Curvo -- world's first non-linear ropeway system.
High taxes on the jet fuel, which goes up as high as 40 per cent in some states, coupled with higher airport charges in the form of user development and airport development fee, which have cascading effect on the air fares, have had a negative impact on the domestic passenger demand in India.
RasGas of Qatar is likely to sell liquefied natural gas to public sector Petronet LNG at a fixed price instead of a price indexed to crude oil.
Increasing the duties on auto parts and putting an additional cess on petrol and diesel could drive up costs of vehicles, specially where volumes are low and localisation is not viable.
There are both positive and negative impacts of the tax, but the net result for India's infrastructure sector is advantageous, says Vinayak Chatterjee.
The cost of customising the Thar works out to a cool Rs 13 lakh -- which is over and above the cost of the vehicle.
Following up on Finance Minister Arun Jaitley's Budget announcement of creating an integrated oil company, India's biggest oil and gas producer ONGC may buy all of the government's 51.11 per cent stake in Hindustan Petroleum Corporation Ltd.
Rediff readers tell us what their first salary means to them.
But it is likely that campaign spending resulted in some positive activity through this period.
Travel by public transport can be made more attractive and practical for a lot more people.
The survey noted that advertising campaigns supported the increase in new work growth in the sector amid competitive pressures.
Prices of tickets booked three days prior have soared 70% over last summer's fares
The next Rail Budget to be presented early next year could contain a proposal for raising fares to pass on the burden of rising power cost to passengers.
Daily wage earners and casual low income group workers were the worst affected
The government is considering giving financial incentives of up to Rs 1.5 lakh on surrender of over-ten-year-old vehicles to check pollution.
The national transporter is also mulling a hike in passenger fares in the Rail Budget next year to tide over the loss in passenger sector
