Govt has no immediate plan to raise fuel price: Reddy
The government has no immediate plan to raise domestic fuel prices, Oil Minister S. Jaipal Reddy said on Friday, adding that it was now up to the cabinet to decide on the thorny issue of reducing heft
Some BHEL orders at risk due to Coalgate: Nomura
Nomura says about 28 per cent of Bharat Heavy Electricals Ltd's order book is at risk of cancellation or deferment due to either non-availability of coal linkage or cancellation of existing linkage, f
Cigarette giant ITC makes a healthy choice
India's biggest cigarette maker is going on a health kick. ITC Ltd sells 80 per cent of the cigarettes in the world's second most populous country where 275 million people use tobacco products.
But a
Mario Draghi to deliver bond plan at crunch ECB meeting
European Central Bank chief Mario Draghi faces the most decisive moment of his presidency on Thursday when he tries to heal divisions among policymakers and deliver on his promise to save the euro.
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M&M to launch small SUV on September 20
Mahindra & Mahindra, India's biggest utility vehicle manufacturer, will finalise its Russia plan in 4-6 months and is in talks with Russian distributors, a top company executive said.
Launching Mahin
Vedanta Aluminium to temporarily shut refinery
Vedanta Aluminium Ltd, a unit of billionaire Anil Agarwal-controlled Vedanta Group, plans to shut its alumina refinery in Odisha from Dec 5 due to shortages of bauxite, a company official said on Thur
Monsoon splashes into drought-hit states
India's monsoon has splashed back into life, lifting the threat of prolonged drought in the major rice and sugar producer with a second consecutive week of heavier-than-normal rains that could revive
GM turns to China to crack India's tough car market
General Motors Co has just begun the initial production of its first ever Chinese-designed car for the Indian market, a major step for the U.S. automaker as it tries to scale up in a market where fore
Ambani reassures RComm shareholders as debt weighs
Billionaire Anil Ambani on Tuesday reassured shareholders of his flagship telecom carrier Reliance Communications Ltd that the company is pursuing options to reduce its heavy debt load, sending its st
French judges investigating Arafat's death seek exhumation
Three French judges are preparing to travel to Ramallah to seek the exhumation Yasser Arafat's body as part of an investigation into whether he was murdered by poison, a judicial source told Reuters o