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Gencos could lose Rs 1,350 cr in FY16

Private power producers with combined capacity of 10 GW that have got coal blocks under the recent auction will incur under-recovery of 65 paise per unit...

Gencos could lose Rs 1,350 cr in FY16

We are already a payments bank: Aditya Puri, HDFC Bank

HDFC Bank has been a market leader in more than one space and when it comes to technology, the private sector lender is right up there.

We are already a payments bank: Aditya Puri, HDFC Bank

Prospects improve for key reform-driven mining Bills

Respective Rajya Sabha select committees clear them without any change

coal scam case News

First ever cut in gas price to kick in from April 1

The price of domestic natural gas, which was hiked in November after a gap of more than five years and a spell of political wrangling...

lpg subsidy News

Food Act roll-out hit by patchy data

Data from the Socio-Economic and Caste Census (SECC) 2011 may help states finding it difficult to identify beneficiaries under the National Food Security Act...

food act, food act India, food security in india, food security act, food security act in india, National Food Security Act, Socio Economic and Caste Census, SECC 2011, Uttar Pradesh, Rajasthan, Maharashtra News

Towering ambitions crushed by debt, GTL Infra seeks a buyer

From harbouring an ambition of creating India’s largest telecom towers firm by acquiring Reliance Communications’ (RCom) towers in 2010...

Reliance Communications, reliance communication news, RCom towers, Manoj Tirodkar, Bharti Infratel, Global Holding Corporation, GTL News

Spectrum auction: After 900 MHz, bids heat up in 800 MHz

Contiguous block of spectrum is the main attraction

smartphones coolpad News

Internal audit upbraids Air India on its upgrade policy

State-owned loss-making carrier Air India has been pulled up by its internal audit team for upgrading passengers to higher class...

Air India, Air India share, Air India stake, Air India stake dilution News

Arun Jaitley bets on infra spending, rate cut

India’s economic growth would be on the shoulders of infrastructure creation, for which the recent Budget provided...

arun jaitley News

Buying power to rise Rs 1.4L cr in FY16

Cheaper fuel and lower food inflation are expected to add an additional Rs 1.4 lakh crore to the purses of Indian households...

Buying power to rise Rs 1.4L cr in FY16

Leading MNC brands get tax relief from High Court

Tribunal to reassess transfer price cases, using new norms

Sony India, Canon India, LG Electronics, Haier Appliances, Reebok India, Casio India, transfer price, transfer pricing case News

Low bids: Centre to ‘re-examine’ bids for 5 of 13 coal blocks won

Unnerving industries that have responded enthusiastically to the coal block auctions, the government has decided...

Coal India, Coal India stake sale, Coal India shares, Coal India BSE, Coal India NSE, Coal India news

Short circuiting power

With power utilities in just 15 of 29 states filing a petition for raising tariffs, India’s electricity...

Short circuiting power

DRI slaps Rs 2,600-cr tax notice on Essar Group

The Mumbai wing of the Directorate of Revenue Intelligence (DRI) has slapped a R2,600-crore notice alleging over-invoicing...

essar oil News

Policy help needed to put state land to work

Lack of clear titles, database and shorter lease terms hit plans

Economy News

Red tape stifles India’s energy dream; just 15% PSC discoveries yield

India’s efforts to augment domestic hydrocarbon output and cut costly imports are stymied by the slow pace of converting...

Jubilant Energy, ONGC and GSPC, domestic hydrocarbon, Hydrocarbon production, Business News, hydrocarbon news

Sugar woes now not limited to Uttar Pradesh

For more than five years, Uttar Pradesh-based Mawana Sugars have been incurring losses. Shunned by lenders...

Sugarcane farmers in Uttar Pradesh News

Unfavourable times for PE exits via IPOs

Tepid primary markets dampen profitability

startup investment News

The chain effect: Organised jewellery market shines bright

Predicted to grow 30-40% in 5 years; negative growth for small players

jewellery News

SAT sets aside Sebi’s market ban on DLF

Tribunal’s split verdict raps regulator for ‘over-regulation’

SAT sets aside Sebi’s market ban on DLF

Cairn India now faces tax, interest bill of Rs 20,000 cr

After Cairn Energy, the income tax department has now put the onus of paying the tax on the UK-based firm...

Cairn India now faces tax, interest bill of Rs 20,000 cr

Tata adds Paytm to e-trade kitty

Ratan Tata’s tryst with India’s consumer internet space continues. The Tata Sons chairman emeritus has now thrown his weight behind Paytm...

Tata adds Paytm to e-trade kitty

Insurance Bill gives NDA some security

Passage marks first legislative success in financial sector

Economy News

Bhushan Steel gets a life as banks fear hit to books

Bankers to the highly-leveraged and loss-making Bhushan Steel have opted to lend a little over Rs 7,000 crore more...

jsw steel News

Ex-PM Manmohan Singh called to court in coal case

KM Birla, Parakh, 2 Hindalco officials summoned as well

manmohan singh, manmohan singh coal scam, Coal scam, Coal blocks, Coalgate, coalgate scam, Aditya Birla Group, Hindalco Industries News

Winding-up pleas against Bharati Shipyard queer the pitch for other lenders

With a clutch of creditors including Life Insurance Corporation (LIC), Shipping Corporation of India and IDBI Capital Market...

Life Insurance Corporation, LIC, Shipping Corporation of India, IDBI Capital Market, Bharati Shipyard, Bombay High Court, State Bank of India, SBI, Edelweiss ARC News

After Vodafone, Cairn invokes treaty to dodge India’s tax demand

After Vodafone, British oil major Cairn has now avoided India’s tax jurisdiction, invoking the India-UK bilateral investment protection treaty.

Cairn India-Vedanta News
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