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A view of Reliance KG-D6 field. Photo: Special Arrangement
A view of Reliance KG-D6 field. Photo: Special Arrangement

Gas pricing: Govt. nips RIL bid for legal option

RIL has been insisting through its various communications, citing PSC provisions, that it had the right to demand revision of gas price and has been writing time and again to the Petroleum Ministry. »
An employee of Canon checks the battery before inserting into the camera at the company's factory in Japan.

Canon to bring Wi-Fi cameras

These cameras will help users instantly transfer their photos and video clips to their devices wirelessly »

Essar Oil reports Rs.3,986 cr loss in Q3

Essar Oil on Friday reported a Rs.3,986 crore net loss in the third quarter after a one-time reversal of sales tax revenue. It would raise Rs.3,000 crore in fresh equity capital to shore up the ne... »

OCM to open 25 more big stores

Seeking to target the emerging young, vibrant and fashionable population of the country, OCM India has embarked on an ambitious plan to open 25 new big stores in Tier-II and Tier-III cities.»
WHOSE NUMBER? Unitech and Telenor are gearing up for a legal battle after the Supreme Court cancelled Uninor's licence.

Telenor-Unitech tussle intensifies

The tussle between Telenor and its Indian partner Unitech is getting intensified following the Supreme Court ruling, cancelling all 122 telecom licences issued in 2008, with the latter on Thursday... »
MUMBAI, February 17, 2012

Air India lenders clear Rs.18,000-cr debt recast

Lenders of cash-strapped Air India on Friday approved its corporate debt restructuring plan worth Rs.18,000 crore and decided to provide a fresh cash credit of Rs.2,200 crore. Of the Rs.18,... »
The case relates to the overseas deal between Vodafone International Holdings and Hutchison Group.
New Delhi, February 17, 2012

Centre moves apex court to review Vodafone verdict

The Centre on Friday moved the Supreme Court seeking review of the January 20 judgment, holding that the Income-tax Department did not have the jurisdiction to levy Rs.11,000 crore as tax on the o... »
MUMBAI, February 16, 2012

Kingfisher Airlines dips deep into red

After delaying release of its third quarter results for 2011-12 by a day due to ‘technical problems', Kingfisher Airlines, reported a higher loss of Rs.444.26 crore against a loss of Rs 253.69 cro... »
HYDERABAD, February 16, 2012

ONGC stake sale process to conclude this fiscal

Oil and Natural Gas Corporation (ONGC) is hopeful that its stake divestment process will be completed before the end of the current fiscal.ONGC Chairman and Managing Director Sudhir Vasudev... »
Tomas Ernberg, Managing Director, Volvo Auto India, during the launch of 3 variants, luxury sedan S80, premium sedan S60 and luxury compact SUV XC60, with new 5-cylinder turbo D3 diesel engine, in New Delhi on Wednesday. Photo: V. Sudershan
NEW DELHI, February 16, 2012

Three new variants from Volvo

Volvo on Wednesday launched cheaper variants of its three luxury cars, equipped with new diesel engine, promising better performance and fuel economy. "We have introduced the three... »
MUMBAI, February 15, 2012

Marico buys personal care biz from Reckitt

Consumer products manufacturer Marico on Wednesday acquired the personal care brands of Paras Pharmaceuticals from the U.K. consumer products giant Reckitt Benckiser (RB) for an undisclosed sum. T... »
New Delhi, February 15, 2012

Apex court refuses to stay summons to Essar, Loop

The Supreme Court on Wednesday refused to stay the summons issued by the special CBI court against Essar Group and Loop Telecom in the charge sheets filed in the 2G spectrum allocation case. ... »
CHENNAI, February 14, 2012

Episource to increase India headcount

The U.S.-headquartered, Episource, plans to increase its headcount in India to over 800 in the next 12 months from 200, primarily to service its healthcare clients in the U.S. In addition, Episour... »
(from left) Ralph Speth, Chief Executive Officer, Jaguar Land Rover, P. M. Telang, Managing Director-India Operations, and C. V. Ramakrishnan, Chief Financial Officer, Tata Motors, at a press conference in Mumbai on Tuesday. Photo: SHASHI ASHIWAL
MUMBAI, February 14, 2012

JLR drives Tata Motors' Q3 profit

Tata Motors Group on Tuesday reported a 41 per cent rise in consolidated profit after tax at Rs.3,406 crore for the third quarter ended December 31, 2011, on the back of a stellar sales performanc... »
Pratip Chaudhuri (right), Chairman, with Hemant G. Contractor, MD, State Bank of India, at a press conference in Mumbai on Monday. Photo: Paul Noronha
Mumbai, February 13, 2012

SBI net up, but bad loans mount

State Bank of India on Monday caught everyone by surprise with a robust 15.4 per cent increase in the December quarter net profit at Rs.3,263 crore against Rs.2,828.06 crore in the corresponding q... »

Sahara to launch Tablets soon

Cognizant wins Future deal

IOC third quarter net profit up 52 per cent

Facebook can un-friend CEO Zuckerberg ‘at will’

ITC rejigs non-notebook stationery business model

Numeric sells UPS business to Legrand in over Rs.800-cr deal

Tata Motors to drive into Indonesia with Ace

DGH to extend search period in KG, Mahanadi basins

CHENNAI, February 17, 2012

Tyco bets big on Indian retailers

Tyco International, the $8.6 billion electronic security solutions provider, is looking at retail industry in a big way in India, according to Ramesh Jayaraman, Vice-President (Retail), Tyco Secu... »
MUMBAI, February 16, 2012

RCom gets RBI nod for refinancing

Reliance Communications (RCom) has got the approval of the Reserve Bank of India (RBI) for the refinancing being provided by the Industrial and Commercial Bank of China (ICBC), the China Developme... »
CHENNAI, February 16, 2012

Power stocks hog limelight

Power generation stocks rose for the second day in a row following the directive from the Prime Minister, Manmohan Singh, to Coal India, the state-run coal giant, to sign fuel supply agreements (FS... »
Vodafone India on Thursday said both old and new operators should be allowed to participate in the proposed 2G auction. File photo
New Delhi, February 16, 2012

Views differ on participants for 2G spectrum auction

Old mobile operators and new players have differed in their views on the proposed auction of 2G spectrum. The former has asked the Telecom Regulatory Authority of India (TRAI) to keep the proposed... »
CHENNAI, February 16, 2012

CavinKare gets active in milk space

FMCG company CavinKare Pvt Ltd. on Wednesday launched Cavin's Pure+, an ultra high temperature (UHT)-treated milk that lasts 120 days in a ‘new gen' pouch that keeps milk afresh without refrigerat... »
WATCHING OVER THE CASH: A file picture of Union Finance Minister Pranab Mukherjee. Photo: Shanker Chakravarty.
New Delhi, February 15, 2012

Illegal outflow of Rs. 66,085 cr prevented by Revenue dept., says Pranab

Government’s efforts to deal with the menace of black money helped in checking tax evasion as alert revenue officials prevented illegal outflow of over Rs 66,000 crore by MNCs during the last fisc... »
(Left to right) Jaguar Land Rover CEO Ralf Speth, Tata Motors MD (India Operations) P.M. Telang and Tata Motors CFO C. Ramakrishnan during the announcement of the company's Q3 results, in Mumbai on Tuesday.
Mumbai, February 15, 2012

Tata Motors shares jump over 7%

Shares of Tata Motors surged by over 7 per cent in morning trade on Wednesday, a day after the company reported 40.5 per cent jump in consolidated net profit for the quarter ended December 2011. <... »
CHENNAI, February 14, 2012

TTK Prestige in pact with World Kitchen of U.S.

TTK Prestige Ltd., engaged in making and marketing pressure cookers and kitchen appliances, has announced that it has tied up with the U.S.-based World Kitchen for a business relationship that coul... »
A combo image with logos of Google and Motorola. File photo
New York, February 14, 2012

U.S., EU approve Google’s $12.5 bn Motorola Mobility takeover

The U.S. and European regulators have approved Google’s USD 12.5 billion acquisition of cell-phone maker Motorola Mobility Inc, a move that will boost the technology giant’s efforts to strengthen... »
C. S. Verma
NEW DELHI, February 13, 2012

SAIL net profit down 43 % in third quarter

Even as public sector steel major Steel Authority of India's (SAIL's) turnover during the first nine months (April-December 2011) of the current fiscal went up by 5 per cent to Rs.35,563.73 crore,... »

Gati to form JV with KWE of Japan

New healthline policy from Chola MS

Making shareholders liable for big banks

Aditya Birla Nuvo Q3 profit down 8 %

OIL clears 3:2 bonus shares, interim dividend of Rs. 10 a share

HPCL inks crude oil import deal with Iran

RIL arm bond issue in U.S. oversubscribed 8 times

Latest in this section

Air India lenders clear Rs.18,000-cr debt recast OCM to open 25 more big stores Canon to bring Wi-Fi cameras Tyco bets big on Indian retailers Essar Oil reports Rs.3,986 cr loss in Q3 Gas pricing: Govt. nips RIL bid for legal option Centre moves apex court to review Vodafone verdict RCom gets RBI nod for refinancing Kingfisher Airlines dips deep into red Power stocks hog limelight