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Rel ready to offer market value for land use

Reliance told the SC that it was ready to pay farmers at market rate for right to use land for laying a pipeline to transport natural gas.

Govt to usher in power reforms

The Govt is soon going to introduce the revised Accelerated Power Development and Reforms Programme.

Bhel to invest Rs 1,000 cr in Tiruchi plant

BHEL said it would invest Rs 1,000 cr in its Tiruchi plant in the current fiscal to increase boiler capacity.

Hinduja keen on Kakinada even sans ONGC

Hinduja group plans to go ahead and set up a Rs 25,600 refinery at Kakinada even if its indecisive project partner Oil and Natural Gas Corporation opts out.

MRPL set to seal 2,50,000 tonnes Iran diesel deal

Indian refiner MRPL will soon conclude a deal to sell 250,000 tonnes of diesel to Iran over the next eight months, its managing director said on Wednesday, replacing Reliance Industries as a major supplier to the OPEC member.

Japan's Toshiba to form India power venture with JSW

Japan's Toshiba Corp said on Tuesday that it had agreed to tie up with India's JSW Group to manufacture and market steam turbines and generators for thermal power plants in India.

Petroleum cos losing Rs 450 crore a day

With the Indian basket of crude staying above $100/barrel, a revenue loss of about Rs 1,50,000 crore has been projected.

Reliance shuts all of its 1,432 petrol pumps

Reliance has informed that sales at outlets was negligible due to selling price differential.

Reliance Power to announce bonus shares on June 2

Anil Ambani-led Reliance Power said that all shareholders of the company except its promoters as on June 2 will be eligible to receive bonus shares.

Rel Power buys 3 Indonesian coal mines

Rel Power Ltd said it had signed an agreement to acquire 100% in three coal mines in Indonesia.

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POLITICS

BJP is in the habit of bogus voting, alleges Shinde

CPM goons taking away voter ID cards: Dasmunshi

Sports

Dravid ignored the players I wanted: Mallya

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Markets

Equities trading in red for the sixth day

Oil surges to record high above $125

Companies

JUSCO bags global water award in London

Four senior appointments in Edelweiss

Economy

Industrial growth sinks to 3%, at 6-yr low

Inflation to ease in 3-4 months: Rangarajan

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