After getting Indian Oil Corporation, the nation's largest oil firm, to drop four independent directors and Engineers India Ltd to boot out two, it is now seeking to sack former Power Secretary P Uma Shankar, chartered accountant S Ravi and former BPCL Chairman R K Singh from the board of ONGC.
Deepak Fertiliser's promoter might offer to buy Saroj Poddar's stake.
Cover inadequate for even one refinery.
Former Director General and CEO of IATA, Giovanni Bisignani, says Jet Airways chief Naresh Goyal developed his airline's business class mock-ups in utter secrecy inside the garage of his London home.
The Oil Ministry has proposed raising natural gas prices by at least 60 per cent, a move that will result in rise in urea as well as power costs.
India Gas Solutions Pvt Ltd -- the equal joint venture between the Mukesh Ambani-led firm and Europe's second largest oil firm - is among the three companies shortlisted by Gujarat government for giving out 25 per cent stake in the Mundra terminal.
No successive government thought of reviving the idea of an exit policy.
PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation
The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
.jpg)
According to the latest data, until May, 48.3 per cent of the total 207 projects worth Rs 1,000 crore (Rs 10 billion) or above, also termed as mega projects, faced delays and witnessed a cost overrun of 19.2 per cent from the originally-sanctioned Rs 656,000 to Rs 781,000.
A vilification campaign against Rosneft has begun in right earnest, says M K Bhadrakumar.
Gujarat, the home state of Prime Minister Narendra Modi and portrayed as 'growth engine' of India has witnessed a steep fall in new investments for the second quarter of 2014-15 compared to the first quarter of the same fiscal.
There, however, has been an improvement in operating margins.
ndia has become the world's second largest market of asbestos as the government backed by powerful corporate lobby turns a blind eye to diseases related to the use of the hazardous chemical.
The 30-share Sensex ended down 224 points at 28,442 and the 50-share Nifty ended down 101 points at 8,606.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
Engineering conglomerate fended off three corporate raids but emerged stronger.
'He selects certain portfolios that he has personal interest in, and he does not give them to a senior leader. The responsibility is given to a junior minister who then directly reports to Modi or to the small team of bureaucrats working with Modi.' 'I noticed this first in Gujarat where Modi worked mainly with two ministers, Saurabh Patel and Amit Shah,' says Aakar Patel.
Mallya intends to protect his shareholding in India's largest brewer in which Dutch brewer Heineken holds 37.5% stake.
Invoking India's "civilisational ties" with Iran, Prime Minister Narendra Modi flew in to Tehran on Sunday on a two-day visit, saying his talks with the Iranian leadership would provide him an opportunity to advance the "strategic partnership" between the two countries.
Ten months after new Sebi norms set in, some senior directors still hold more board seats than allowed.
Analysts cautious on outlook, expect earnings to remain under pressure over medium term.
Together, they controlled nearly Rs 26 lakh crore of assets at the end of FY16.
The arbitration clause is present in almost 95 per cent of corporate agreements, according to tax and audit firm Ernst & Young.
'The success of the country's economic policies is affirmed by receipt of FDI of $15 billion last year, the highest in the Asia-Pacific after China and India, and well ahead of Indonesia, Australia, Singapore, Malaysia and Thailand,' notes Ambassador Talmiz Ahmad.
These are companies with a strong track record and good prospects on earnings.
Diesel makes up nearly half of fuel demand in Asia's No 3 economy.
In Q3, E&P business accounted for just 1.5% of gross revenue
More than half the Sensex companies have declared their results for the third quarter and there are more positive surprises than disappointments.
Dhirubhai Ambani lived in a one-room chawl in Mumbai with his wife and children and went on to establish the Reliance Group.
Tehran plans to lift exports by 500,000 barrels per day
The known unknowns in Prime Minister Modi's Saudi visit assume great significance, says Ambassador M K Bhadrakumar.
India's imports from Iran rose to 250,200 barrels per day
At its current stock price, RIL now has 8.4 per cent weight in the Sensex against Infosys' 8.8 per cent.
After being forced to resign as chairman of MCF, Mallya is now keen on increasing his stake in the company
Finance minister attempts a clean-up job, keeps projected expenditure growth low.
Sensex ends in green on boost from bluechip stocks.
The success of Anil Ambani's ambitious defence plan will depend partly on whether he can persuade government officials and international partners that he can build sophisticated equipment and partly on whether the PM can get India's notoriously slow procurement process to work, say Paritosh Bansal, Sanjeev Miglani and Promit Mukherjee.
While the two high-profile exits in pharmaceutical and telecom have raised concerns over regulatory hassles in the country, Japanese investors are still keen to tap into India's consumer growth story and many more merger and acquisition deals are in the offing in this space.
