Business
India-Iran gas pipeline in trouble
Iran is offering gas at $7.20 per million British thermal units but India wants to pay only $4.25 per million Btu.
Tata Steel Q1 net up 3 pc at Rs 953.41 cr
The group posted a profit after minority interest and share of profits of associates of Rs 1,019.18 crore for Q1.
Abolish octroi, CII asks Gujarat Govt
The Guj Govt should remove octroi under the present VAT regime to give a boost to trade and industry in the State, says CII.
Strike puts Hyundai exports on hold
Walkouts are virtually an annual event at Hyundai, where the labour union has gone on strike every year.
Corporate a thumbs-down by Indian Inc
A leading industry lobby, ASSOCHAM has protested the negative depiction of India Inc in Madhur Bhandarkar's film Corporate.
Outsourcing saturates in India: Study
IT outsourcers in India are looking to China to alleviate their growing labour shortage, according to a study.
Retail majors shop for mgmt talent
Shopper's Stop has hired five foreigners in senior positions and is looking at Dubai, Singapore and Europe for more.
Mallya’s spirit firm mergers still on
Vijay Mallya says the merger of all his spirit cos will be completed by September and McDowell will change to United Spirits.
Lebanon violence triggers oil hike
Crude oil rose above $78 per barrel in New York for the first time, as violence escalated in Lebanon.
No plane, airline sells tickets
IndiGo surprised many aviation watchers when it announced it was ordering 100 aircraft from Airbus.
Dhaka says Tata's proposal not cancelled
Earlier, Executive Director of Tata Sons, Alan Rosling had announced suspension of the plan.
Mcdowell proposes mega merger
Mcdowell proposes merger of 8 group cos with itself and demerge its investment business into McDowell India Spirits Ltd.
BSNL to review global roaming rates
BSNL has said that giving 50 per cent share of roaming charges to terminating network would be a fair deal.
Arcelor owners meet on Mittal's offer
Arcelor shareholders meet to take final decision on Mittal’s offer. Arcelor management has already approved the merger.
GAIL, Petrobras to bid for oil blocks
India has put on offer 55 blocks in the New Exploration and Licensing Policy to help tap the country's energy reserves.
BHEL bags power project in Afghanistan
Bharat Heavy Electricals Ltd has bagged two contracts cumulatively worth Rs 220 crore for power projects in Afghanistan.