NMDC, the country's largest iron-ore miner, posted a consolidated revenue in the January-March quarter of FY24. This was in line with estimates at Rs 6,500 crore, which was up 11 per cent year-on-year (Y-o-Y), and a 20 per cent quarter-on-quarter (Q-o-Q) rise on the back of realisations. Iron-ore production was 13.3 million tonnes (down 6 per cent and up 8 per cent Q-o-Q), while the sales stood at 12.5 MT (up 1 per cent Y-o-Y and up 10 per cent Q-o-Q).
Manushi's Tuscan tan....Kajol wants to be a villain...Diljit jets off to Hyderabad...
The Bill also envisages ushering in a regime of royalty concessions for the first time in the country.
While we cannot wait to catch a glimpse of her on the big day, one thing is sure: She'll make one hell of a bride.
India's biggest oil and gas bid round attracted four bidders that included state-owned ONGC and OIL and private sector Vedanta Ltd, with most blocks getting just two bids, according to Directorate General of Hydrocarbons (DGH). The OALP-IX bid round, where 28 blocks or areas spread over 1.36 lakh square kilometre were offered for finding and producing oil and gas, for the first time saw Reliance Industries Ltd-bp plc combine bidding together with ONGC for one block in Gujarat offshore.
The government will reserve the right to decide on the cost recoverability of royalty from Cairn India's block in Barmer while clearing Cairn Energy's sale of its Indian subsidiary to Vedanta Resources.
As it turns out, in recent years, companies operating in India have been increasing royalty and technical payments to their parent or associate companies at a fast pace.
'It is for the first time that a film of mine will be released in theatres and Indian audiences will finally be able to buy tickets and experience it on a big screen, where cinema truly comes to life.'
With no solution emerging in the legal battle between music companies and private FM radio operators over royalty rates, many of the 37 private FM radio companies have threatened to shut shop soon, restricting choices for over 200 million FM radio listeners to All India Radio channels.
After reports claimed that filings in patent offices in India, the US, and Europe did not mention ICMR or its scientists, but only BBIL and its scientists, the Hyderabad-based biotechnology (biotech) company clarified that in the "rush" to develop vaccines and file appropriate patents, BBIL had missed adding ICMR's name in the original filings.
Air India Express, the low-cost subsidiary of Air India, would pay an annual royalty to the parent company after it starts operations to the Gulf next month end.
A quiet but determined battle is being fought in the courts, and outside, by US agricultural biotech giant Monsanto, its Indian affiliates and seed lobbyists to free the prices of genetically modified Bt cotton from state government control.
All eyes will be on star India batter Virat Kohli, who is perhaps battling the biggest form crisis of his career.
The range of food at banquets at the Mughal court consisted of delicacies that commoners could not ever dream of.
The long awaited product is likely to be launched early next year.
The board of Cairn India is opposed to accepting riders like sharing of royalty and payment of cess on the Rajasthan crude for getting government approval for its parent Cairn Energy's sale of a controlling stake in the company to mining group Vedanta Resources.
Customs officials have been directed to stop shipments of such phones. Industry experts expect the move to hit the sales of dual-SIM handsets, which are imported into the country by companies including Nokia, Samsung, Meridian Mobile and Spice. More importantly, this could also affect the plans to manufacture these handsets in the country. It is estimated that around 100,000 dual-SIM phones are sold in the country every month.
Wankhede Stadium witnessed a gathering of cricketing royalty in the past two days
The All India Tennis Association says it will not waive 'royalty' of around US $40,000 on the Chennai Open unless the Tamil Nadu Tennis Association proves that the tournament is a loss-making venture.
Steel companies are witnessing margin pressures in Q2FY25 and this may persist until China sees growth recovery.
Nushrratt turns badass... Esha is summer-ready...welcome to Prateik's world...
DIPP seeks automatic approval, has Plan panel and DEA's support.
Matter to come before copyright board on January 28.
The BJD not only supported the BJP in Parliament on different issues over the last few years but also helped Railway Minister Ashwini Vaishnaw get elected to Rajya Sabha in 2019 and 2024.
Government has set $4.20-per million British thermal unit as the selling price for D6 gas, but the Bombay high court last month asked RIL to supply gas to firms run by Anil Ambani Group at $2.34 per mmBtu, 44 per cent lower than the price fixed by the government.
If CAS rules in Vinesh's favour, she will be awarded a joint-silver in the women's 50kg freestyle category.
Lyles and Hassan bookend fabulous Paris programme
When you are attending one of the most high-profile weddings in the world, you expect nothing less than opulent fashion on display. That's exactly what we saw at the lavish wedding of Radhika Merchant and Anant Ambani.
Cairn India, which is the operator of the block with 70 per cent stake, does not have to pay any royalty. At $50 per barrel crude oil price, the royalty outgo over the entire life of the field would be Rs 16,209 crore (Rs 162.09 billion) -- Rs 4,862.7 crore (Rs 48.62 billion) on its share and Rs 11,346.3 crore (Rs 113.46 billion) on behalf Cairn.
Ahmedabad-based Zydus Lifesciences said on Tuesday that a new drug application for its oral drug Desidustat used in treating anaemia in chronic kidney disease (CKD) patients had been accepted by the National Medical Products Administration of China (NMPA). In 2020, CMS International Development and Management Ltd, a wholly-owned subsidiary of China Medical System Holdings Ltd obtained an exclusive license for the product from Zydus. CKD involves a gradual loss of functioning of kidneys and eventually leads to kidney failure.
An exclusive excerpt from The Tatas: How A Family Built A Business And A Nation.
In Federal Court papers filed this month and reviewed by Reuters, Tendulkar said Sydney-based Spartan Sports International agreed in 2016 to pay him at least $1 million a year to use his image, logo and promotional services to sell "Sachin by Spartan" sporting goods and clothing.
Manjummel Boys traces the story of one such bunch of inebriated tourists from Kochi, fans of the film Gunaa.
Cisco has licensed HCL the intellectual property for one of its network management products.
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