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Reliance KG-D6

Modi govt blows $264 million fresh penalty on Reliance Industries, British Petroleum

The government has slapped a $264 million penalty on Reliance Industries and its partner British Petroleum on declining gas production and failure to achieve the target. Aug 16, 2017
CEOs quit Donald Trump advisory council

CEOs quit Donald Trump advisory council

Three CEOs have resigned from President Trumps manufacturing advisory council after Trumps response to the violence in Charlottesville. Aug 16, 2017
ONGC oil platform

ONGC to raise output and reduce cost on big data analysis

ONGC will engage data scientists from IITs and IT firms for large data analysis that will raise the company's output and reduce cost in the future. Aug 16, 2017
New Maruti Suzuki True Value outlet

Maruti Suzuki plans to sell 6 lakh used car annually by revamping True Value outlets

By 2020, India's largest carmaker plans to sell about 6 lakh used vehicles annually, which is almost the total sales of new cars in India by Tata Motors, Volkswagen and Honda put together. Aug 15, 2017
Baba Ramdev celebrates International Yoga Day 2017 in Ahmedabad

Ramdev's Patanjali to set up factory in conflict ridden Kashmir

Speaking about terrorism in the country, especially in Kashmir, Ramdev said, "Anyone who masters the art of Yoga can never become a terrorist". Aug 15, 2017
SEBI

Cracking 'shells': Can Sebi bring Launderers Anonymous to book with sheer zeal?

SEBI and investors face uncertain tides as the market regulator weeds out shell firms in the corporate ocean. Aug 14, 2017
reliance communications, anil ambani, rcom debt default, rcom loan default, rcom downgrade, rcom share price, adag, indian telecom sector

NCLT approves Reliance Communications-Aircel merger, Brookfield deal

The tribunal on Monday overruled objections of Bharti Infratel, GTL and Ericcson. Aug 14, 2017
Reliance KG-D6

RIL, BP to submit revised investment plan for KG-D6 gas finds

The government had in 2012 approved a $1.529-billion plan to produce 10.36 million standard cubic meters per day of gas from four satellite fields of KG-D6 by 2016-17. Aug 14, 2017
Sahara group

Sahara looking to net Rs 37,000 crore with Aamby Valley sale

The auction notice was published inviting potential bidders for the city's sale. Aug 14, 2017
Tata Consultancy Services

No layoffs, TCS to stay in Lucknow for 2 years; do we hear a sigh of relief?

Tata Consultancy Services has said that it doesn't plan to lay off employees and the firm will continue to operate its Lucknow office for another two years. Aug 14, 2017
RBI

Auditing the auditors: RBI raises questions about differences in loan write-downs

In some cases, the apex bank also doubted the provisioning methodology and non-performing asset (NPA) figures arrived at by the auditors at a few public sector banks. Aug 14, 2017
sbi bonus issue, sbi bonus history, sbi q4 results, sbi share price, state bank of india q4 results, sbi chairperson arundhati, sbi merger, sbi sensex

Digi attrition: SBI trims staff on back of active digitisation

SBI will cut staff strength and redeploy more than 10,000 employees following the merger of its six associate banks and digitisation. Aug 14, 2017
infosys, infosys agm, n r narayana murthy, infosys cofounders, infosys founders, t v mohandas pai, infosys vishal sikka

Will Narayana Murthy return to Infosys as talks of his role as chairman-emeritus heat up?

While Mohandas Pai had earlier said that Infosys should bring Murthy back as chairman emeritus, his thoughts have been echoed by former chief financial officer of Infosys V Balakrishnan. Aug 14, 2017
Morgan Stanley

Top 14 Indian stocks from Mega Cap space: Morgan Stanley report

The country continues to gathers more weightage in the MSCI Emerging Market Index as it leads its peers with a 7 percent growth rate. Aug 14, 2017
SEBI

Builders, brokers, Bollywood under SEBI scanner for black money

Markets regulator the Securities and Exchange Board of India (SEBI) has begun shooting off show-cause notices to 331 listed entities, suspected to have acted as 'shell companies' for those with illicit funds. Aug 14, 2017
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