NTPC to be the worst hit, stock slides to five-year low on announcement.
State-run NTPC, Essar Power and Torrent are among the firms identified by the Union power ministry for buying natural gas from Reliance Industries' eastern offshore D6 block.
'IndiGo 2018 is a harsh, ultra-lean, mean, zero asset, fighting machine with aspirations of taking on the global long-haul low-cost market.'
As fossil fuel reserves are fast depleting, nuclear power is becoming the inevitable option for the industrial sector to support the growing Indian economy
Credit cards are not inherently bad. If used responsibly, they can be a saviour in times of need.
At the heart of the Duster 1.3 Turbo X-Tronic is a turbocharged engine paired to a 7-speed CVT, the same engine that also powers the Mercedes A-Class, CLA and GLA-Class entry-level models! Now if only Renault had put some thought into the all-new Duster's interiors and driver comfort as they did in the engine... Rajesh Karkera/Rediff.com test-drives the old beast with a new heart.
The airline has said it isn't worried about competition in the domestic market, thanks to its spread across three passenger segments
Besides lining up Bali, Nairobi and Toronto flights, the airline is also planning flights from Mumbai to Hong Kong. The network expansion will help the national carrier grow its market share and capitalise on the capacity vaccum created by the collapse of Jet Airways.
Multiple triggers such as asset sales, pickup in energy cash flows, increased traction in omni-channel retail, and rise in ARPUs could further drive the stock.
Although there is headroom for further monetary policy action, at this juncture it is important to keep our arsenal dry and use it judiciously: RBI's Das.
A shortfall in LPG supply from Aramco has led to huge booking backlog across states. To meet the backlog, India has asked Abu Dhabi National Oil Company for two additional cargos of LPG, but that may take another 10 days to reach.
Aramco also plans to invest in building India's largest oil refinery on the country's west coast.
The Railways could tie up with technical institutions for introducing railway-oriented subject for graduation and skill development.
Hyderabad-based Turbo Megha Airways takes off, promising affordable fares and other benefits.
RBI in wait and watch mode as several risks to inflation continue to exist including a sudden reversal of food prices and oil price volatility.
Country's largest airline has set up a centralised unit to minimise disruptions.
The year ended with the launch of the PSLV's 50th mission.
Though breast cancer is the most common cancer in women, but can rarely occur in males, because of the presence of mammary tissue in males.
Cash-rich Central Public Sector Enterprises (CPSEs) have to either invest their surplus funds or give it to someone for investment purpose, Finance Minister P Chidambaram has said.
'There has been far too much overconfidence about the size and composition of the Indian consumer economy,' notes Mihir S Sharma.
Private participation remains lacklustre.
The company's net profit was Rs 5,972 crore in the same period of 2014-15 fiscal.
UBS said RIL's $10 billion petchem capex by 2016 will drive 12 per cent volume CAGR.
Has the army confronted China, equipping itself with emergency purchases that have been largely paid for by pensioners, asks Ajai Shukla.
The additional stake will cost the promoters Rs 312 crore (Rs 3.12 billion).
An integrated team of 200 staff crunches data to minimise disruption for 149 planes, but airport infrastructure poses a challenge
Often criticised for not being able to make cricket a global sport, the ICC has pinned its hopes on South Asian migrants in Germany and USA to expand the game's footprint in the untapped markets of Europe and Americas.
Air India is aiming to improve its financials by pruning loss-making flights, improving fleet use, increasing web sales and selling & leasing back 14 Boeing 787s by March-end, top airline executives said on Monday.
The move would come as a relief to air passengers.
Demonetisation was not a good idea and the time should have been utilised instead to fine-tune the Goods and Services Tax before it was introduced, said Gita Gopinath, John Zwaanstra Professor of International Studies and of Economics at Harvard University, in an interview with Advait Rao Palepu.
Traders said the current demand is backed by government-funded projects which usually come up in the months before the election and the pace may slow down after the election, pushing the growth back to the previous levels.
Analysts believe making mobile data more affordable will fuel mass market adoption of data services
The Commerce and Industry Ministry is pitching for easing of the gold import restrictions to boost gems and jewellery exports
Imports of gold and silver in February 2013 stood at $5.24 billion. In January this year, they were $1.72 billion.
'The biggest lacuna in this agreement is it is called 'full civil nuclear cooperation agreement.' Actually, it is anything but full.'
Airline pares capacity on routes like Mumbai-Delhi and Mumbai-Bengaluru on weekends, uses freed up slot at Mumbai to fly Amritsar, Patna, Varanasi
With the government's focus on environment-friendly fuel, Indraprastha Gas, Mahanagar Gas and Suzlon's earning prospects look bright
India has said it is committed to implementing the highest safety standards at its nuclear power plants as it seeks to harness the benefits of atomic energy to meet its growing energy requirements.
