Amid the party high command's disapproval of senior Maharashtra minister Narayan Rane's open attack on him on certain cabinet issues, Chief Minister Vilasrao Deshmukh met Congress president Sonia Gandhi on Monday.
Large steel producers had reduced prices up to Rs 4,000 per tonne on request of Prime Minister Manmohan Singh on May 7. They had also agreed to hold the price line for the next three months. The three-month price moratorium expires in August.
Cairn India, which is developing the oilfields in Rajasthan discovered by its parent Cairn Energy in 2004, has started preliminary work on the pipeline to bring the oil to market, its chief executive said on Monday.
Talks have failed between the Dhoots of the Videocon group and Mahendra Nahata of Himachal Futuristic Communications Ltd to buy out the latter's 36 per cent stake in all-India mobile licence-holder Datacom Solutions.
Videocon's consumer durable and electronics chain Next has opened nearly 330 stores in the last two and half years, making it the largest chain in the country. Turnover is expected to cross Rs 1,000 crore (Rs 10 billion) in this financial year. Business Standard caught up with Next's Director K S Raman on the company's growth plans.
As the president of Assocham, Dhoot has asked Confederation of Indian Industry and Ficci to join him in requesting the prime minister to reconsider the move to ban states from acquiring land.
The auction for the IPL starts February 20, and about 80 international cricketers will be a part of it.
The sale of Essar Oil was India's biggest deleveraging exercise undertaken by any debt-heavy group
Newly-elected president of industry body Assocham and Videocon chief Venugopal Dhoot on Tuesday said he was against "land grabbing" in the name of SEZs
India Inc on Tuesday sought tax cuts in the forthcoming Budget, even as it asked the government to move towards an effective goods and services tax rate of 15 per cent in the next few years.
Sajjan Jindal's model of making land-losers stakeholders in his Bengal project appears to be attracting others.
The April Fools' day gag is a long-standing tradition in many of the world's workplaces.
Trai has announced that it may fix prices of pay channels on the direct-to-home (DTH) platform in line with the Rs 5 per channel cap on conditional access system (CAS) services in Delhi, Mumbai and Kolkata. This move will lower the fees but hit the income of broadcasters from DTH companies. However, new DTH entrants will benefit from the move as their cost of content will decrease. For the 2 existing DTH companies, Dish TV & Tata Sky, the current rates are likely to continue.
Even as 59 Rajya Sabha seats will be up for re-election in April, at least two industrialists are likely to get re-elected for another six years -- Vijay Mallya and Rajkumar Dhoot.
A delegation of about 100 chief executive officers from several national and multi-national companies will be visiting Kashmir to explore the business possibilities in the region as well as some leisure time.
Singh has been handed over to the Meerut Police on Wednesday morning.
West Bengal Chief Minister Mamata Banerjee's maiden visit to the financial capital Mumbai drew an enthusiastic response from India Inc with industry captains queuing up to attend the meeting called by her.
While e-commerce operations for these firms are small at the moment, it is slated to grow in the next 3 to 4 years.
P N Dhoot wins 'Man of Electronics' award
'If she contests it, then these people will have to fight it in court.'
These firms reported a combined operating profit of Rs 26,077 crore (Rs 260.77 billion).
The company had not been in the pink of health for sometime and there were even reports that it may stop production in India completely.
The Department of Post, Tech Mahindra, Videocon Group and stock exchange NSE have joined big corporates like Ambanis and Birlas to seek entry into banking business through newly created niche category of Payments and Small Finance Banks.
The fear of another scam pushed the government into a rather long period of so-called 'policy paralysis'. To play it safe, the price of spectrum in all subsequent auctions was benchmarked to the high 3G rates, says Surajeet Das Gupta.
Telecom operator Vodafone has been the top gainer of customers through mobile number portability facility while Reliance Communications is the biggest loser.
New Zealand captain Stephen Fleming won the toss and elected to bat against India
Zimbabwe will hope to be more competitive in Wednesday's tri-series match in Harare.
Finnish telecom firm Nokia on Wednesday said it demonstrated a record 4G speed that enables a high-definition movie to be downloaded in only 11 seconds.
Jaydev Mody, chairman of Delta Corp, has bought the 65 per cent stake jointly held by Dattaraj Salgaocar and Shrinivas Dempo in the FC Goa football team, which is part of the Indian Super League.
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