Indian Oil Corporation, the country's largest refiner, on Monday reported a sharp 30 per cent drop in net profit for 2004-05 to Rs 4890 crore (Rs 48.9 billion) compared to Rs 7,005 crore (Rs 70.05 billion) in the previous fiscal.
Benzema to stand trial in sex tape case, says lawyer.
India is an important market for handset makers.
After ONGC and IFFCO, state-run gas firm GAIL on Tuesday said it would bid for acquiring controlling stake in oil refiner Hindustan Petroleum Corporation if it was permitted by the government policy.
The country's largest refiner Indian Oil Corp is planning an initial public offer of its Sri Lankan subsidiary Lanka IOC by June this year to raise between $20-25 million.
Public sector oil companies paid Rs 2,687 crore (Rs 26.87 billion), on Thursday, to the government as interim dividend for 2002-03 to bridge its fiscal deficit target.\n\n\n\n
Asian Development Bank and ExxonMobil-promoted RasGas of Qatar have taken 10 per cent equity each in Petronet LNG Ltd, the public sector joint venture firm which will begin importing liquefied natural gas from January next year.
Buoyed by the success in a tiny but exclusive market, Lamborghini India, which operates dealerships in Mumbai, New Delhi and Bengaluru, is going to roll out another two, in Kolkata and Chennai, in the near future.
Oil giant Shell says it is serious about bidding for Hindustan Petroleum and is eagerly watching developments on the refiner's divestment process.
Rupee fell to its 9-month low of 62.03 against the dollar.
Australia coach Darren Lehmann has urged cricket's governing body to help reduce the workload on players competing in all three forms of the game as he fears the current packed schedule is unsustainable.
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The cap on FDI in retail has been totally removed, while the limit in insurance sector has been enhanced to 46 per cent.
Indian state-run oil giants HPCL and BPCL reported on Wednesday no supply disruptions as result of a two-day-old strike by workers opposing privatisation of the refiners.
MotorBeam tests the Lexus ES300h to tell you what makes it so desirable.
Just when the Indian luxury car market has started to see a big boom, Lexus has launched its fourth offering, the NX300h, where NX stands for Nimble Crossover (X). Indian automobile website MotorBeam.com takes the crossover for a brief spin to find out what it has to offer.
A dedicated physical gold exchange could lead to standard gold pricing in India.
The Saluto retains Yamaha's typical character with a smooth and efficient engine, while the understated looks ensure a wider appeal for the bike, says Indian motoring website MotorBeam.
These three recipes by Pamela Timms will make for the perfect weekend treat.
If you think the XL6 is a brand new, from-the-ground-up car, you have another think coming, says Pablo Chatterji.
Analysts said the higher capex by PSUs, along with government spending, could trigger a capex revival for the corporate sector by the second half of FY17
'Today, everybody is on the computer, everybody on the mobile.' 'There is very less physical activity.' 'The treatment most effective in reducing heart disease is exercise.' 'It is very, very, important.'
Aseem Chhabra lists his 10 favourite non-Indian shows streaming in India -- classics as well as recent shows.
Market ended lower for the third straight session led by IT stocks amid downgrade by Citigroup.
After steep correction in valuations, these have turned attractive but upside will depend on diesel price rises and export-parity pricing.
Reliance Industries was the top Sensex gainer up 5.6% after the company reported better-than-expected net profit growth at 12% in the second-quarter aided hby higher gross refining margins.
Modelled loosely around the National Highway System of the US, he in 2001 launched the Golden Quadrilateral and the North-South & East-West Corridor projects to build 4/6 lane highways between four top metropolitan cities of Delhi, Mumbai, Chennai and Kolkata as well as from Srinagar to Kanyakumari and Porbandar to Silchar.
Taking a sceptical view of MUDRA program, Shiv Sena sought to know when the distressed farmers get help and how does the government plan to curb their suicides.
The Pulsar AS 200 addresses the shortcomings of the 200 NS with improved refinement and can be deemed as a worthy successor to the 220F, says Indian motoring website MotorBeam.
The Intruder 150 is Suzuki's first Indian-made cruiser, but does it offer more than just dramatic design? Benjamin Gracias finds out.
Clearly, LoCs are becoming a key arrow in India's economic diplomacy quiver.
Forex dealers said strengthening of the euro against the dollar overseas and a higher opening in the domestic equity market also supported the local currency.
'Ensuring through diplomatic means and in conjunction with strategic partners that India will not be required to fight a simultaneous two-front war with China and Pakistan.' Brigadier Gurmeet Kanwal (retd) lists what India must have in its national security strategy.
'When I give advice to my Indian relatives they are shocked.' 'I tell them to eat butter again and eggs and all that stuff.' And eat only so much rice.' 'Instead of having three chapattis, have one.' A must-read interview!
DRDO's latest test towards developing an anti-ballistic missile shield, to protect Indian targets against nuclear-tipped ballistic missiles fired from Pakistan or China will provide a technology that is akin to striking a bullet with a bullet, say Ajai Shukla
'There is a great scope for enhancing the use of organic fertilisers'.
