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Reliance sets sights on HPCL, BPCL and IBP

The Reliance group is gearing up for mega acquisitions of public sector oil marketing giants Hindustan Petroleum Corp (HPCL), Bharat Petroleum Corp (BPCL) and IBP.

Vajpayee keeps word, clears IRA Bill

The Union cabinet took the first step towards the privatisation of the insurance sector by clearing the Insurance Regulatory and Development Authority (IRDA) Bill for placing in Parliament.

Aiwa snaps ties with Baron Electronics

Japanese consumer electronics manufacturer Aiwa Company has called off its year old tie-up with Baron Electronics. A notice terminating the agreement has already been served on the Mumbai-based company.

Other income props up Bajaj Auto H1 net

Other income saved the day for Bajaj Auto as it reported a marginal rise in net profit despite a shift in consumer preference from scooters to motorcycles.

The long, winding road to cash-reserve ratio cut

To cut or not to cut the cash reserve ratio (CRR) seems no longer the dilemma of the Reserve Bank of India. The internal debate in the central bank, it seems, is on the quantum of CRR cut and phasing out of the reserve requirements.

Reliance first-half net rises 22% to Rs 1,122 cr

Reliance Industries crossed another milestone on Wednesday with its first half profit crossing the Rs 1,100-crore mark. For the first six months ended September, the net profit surged 22% to Rs 1,122 crore against Rs 921 crore during the corresponding period last year, driven primarily by higher volumes.