The interest rates are likely to go north as RBI has made inflation its priority over growth. The credit policy will be announced on November 2. The inflation rate for September stood at 8.62 per cen

The government on Monday fixed Coal India’s mega IPO issue price at `245 per share, the upper end of initial offer price range. The government would fetch over `15,000 crore by issuing 63.16 crore sha

With THE domestic demand being robust, the small and medium enterprises (SME) are optimistic about the business outlook for the October-December quarter, predicts a CII survey. “This is a positive sig

US aircraft manufacturer Boeing, which is setting up a multi-million dollar MRO facility at the upcoming Special Economic Zone near Nagpur as a joint venture with Air India, is likely to submit the pr

Anil Ambani Group firm Reliance Power on Sunday said it has awarded a `10,000 crore equipment order to GE Energy India for the expansion of its 2,400-MW gas-based power project at Samalkot, in Andhra

Terming equity investments “unsafe”, the EPFO has asked for a government guarantee if the retirement fund manager is mandated to comply with the finance ministry demand for investing up to 15 per cent

Sundaram Mutual fund is toying the idea of unveiling a gold fund soon. The company, as of now, has zero presence in the sector. “We are considering the gold fund and a few other opportunities. Though

Vedanta Group firm Hindustan Zinc on Wednesday posted 1.47 rise in profit at 948.72 crore for the second quarter of the current fiscal, as against the year-ago period, on improved demand and rising pr

Gujarat State Petronet Ltd (GSPL) has trounced GAIL India and a joint venture of Adani Group and Welspun to win rights for two cross-country natural gas pipelines.
A GSPL-led consortium beat GAIL to

The Supreme Court on Wednesday declined the plea of IPCL, now merged with Reliance Industries Ltd, to stay a high court order that directed it to move the labour court on a dispute with its employees