Mr PM, the Bangladeshi taka is doing better than the rupee!

Based on the GDP numbers and the remarkable stability of the taka, Bangladesh's prime minister, Sheikh Hasina, is a better manager than our ‘economist prime minister’,’ says TVR......

US private equity firm drops out of BPCL race

US private equity firm I Squared Capital is dropping out of the race to buy India's second-largest state oil firm, Bharat Petroleum Corporation Ltd (BPCL) owing to a complex deal structure and lack......

Global oil majors may be joining race for BPCL

Global oil majors may be teaming up with investment funds that are already in the race to acquire Bharat Petroleum Corporation Ltd (BPCL), a document detailing steps needed to complete India's......

How to get licence for selling petrol, diesel

Govt's move will facilitate entry of global giants such as Total SA of France, Saudi Arabia's Aramco, BP Plc of the UK, and Trafigura's downstream arm Puma Energy. The government on Tuesday said......

Reliance breaks into top 50 most valued cos globally

Together with the firm's partly-paid shares that were issued in the recent rights issue and are traded separately, the company had a combined m-cap of Rs 13.5 lakh crore or over $181 billion.......