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Underachiever ONGC asked to shape up

ONGC's annual target for “major schemes” which is part of Plan outlay is Rs 7260 crore. (Reuters)

Firm’s Q1 Plan spend lags, but asked to exceed annual target.

India's ONGC gains on hopes of subsidy, gas reforms$5.2bn African gas plan of 3 PSUs in limbo
The department has widened the scope of its campaign against non-filers of returns to include those who make high-value cash transactions.
I-T dept’s anti-evasion drive: Notices going to 22 lakh non-filers
The income-tax department is likely to send enquiries, or showcause notices, to 22 lakh people...

Cash flow from operations recover

Profits may not be rising at a particularly fast clip but operating cash flows for a...

RIL returns 1,384 acre of SEZ land in Haryana

Reliance Industries on Sunday said it had returned nearly 1,384 acres in Gurgaon...

FM Arun Jaitley: Steps for subsidy reform soon

Says fiscal deficit target of 4.1% ‘certainly achievable’

TV steps out of comfort zone, reaches out to viewers

Entertainment channels hold special on-ground events to generate viewership spikes, promote shows.
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Indian cab, rental firms set luxury in motion
With a focus on style, not just convenience, operators are scaling up premium fleets.
Essar sells Kenya biz for $120 m
90% of yuMobile employees will be absorbed by Safaricom & Airtel.
Air taxis to help airlines meet small-town quota
Half ASKMs by 2016 from regional routes * Small planes get more points
'Make in India kicks off with defence deals
Defence Acquisition Council scraps 197 LUH deal, opens it for India Inc; Rs 20K cr of deals approved...
Grid-lock
The grid failure of 2012 doesn’t look so distant with a very large part of installed capacity either...
New secretaries appointed for civil aviation, steel, green and other ministries
Senior IAS officers V Somasundaran and Rakesh Singh were on Friday appointed as new...
GDP growth at 9-quarter high of 5.7%
The Indian economy grew at a confidence-boosting 5.7% in April-June FY15 from a year ago...
The Raghuram Rajan and Narendra Modi show
A year ago, the rupee seemed to be hurtling towards 70 to the dollar — on August 28, 2013, it hit it...
Jan-Dhan Yojana opens account with 1.5 cr users, insurance covers on Day 1
Prime Minister Narendra Modi said banks have managed to open a record 1.5 crore new accounts...
Auto companies bet on festival sales
Ganesh Chaturthi celebrations mark the beginning of the festive season.
Kelkar panel moots ‘highest possible’ market price for gas
“Market-determined gas pricing should apply to all forms of gas irrespective of the source,” the Vij...
Top automobile companies to invest Rs 11,510 crore in Maharashtra
M&M also plans to hire 2,500 people. Similarly, Tata Motors investment would come at its Pune plant ...
Power crisis: July 2012 forgotten as 'gridlock' looms again due to coal shortages
An acute shortage of coal has come to afflict scores of power plants in northern and western India.....
GAAR to be revisited, need Plan B for land law: Arun Jaitley
Higher compensation is no issue, but land acquisition process too complicated.
JetLite pilots to lose seniority on Jet merger
In an unprecedented move in India’s aviation sector, pilots of JetLite, the no-frills carrier owned ...
India Inc’s old guard adds firepower to young guns of e-tail
The $3.1-billion Indian e-commerce space, which has seen young entrepreneurs start and grow business...
Air India website decides to take a break after promotional ticket offer of Rs 100 is announced
Even as the state-run carrier celebrated ‘Air India Day’ on Wednesday with a promotional R100 fare o...
Poor screening, says Supreme Court
Many of the companies selected by the Screening Committee had no recommendation from the State Gove...
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