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Mallya readies platform for 10% preferential allotment to Diageo

19 May 2013

Share purchase agreement to follow soon; Whyte & Mackay issue still hanging fire

COAI plans to seek cancellation of 19 GSM permits of Tata Tele

19 May 2013

COAI is of the view that that the 19 licences awarded to TTSL on January 2008 stand cancelled as per the Supreme Court's February 2012 order

Supply blues: Realtors may disappoint buyers this year as well

19 May 2013

2013 was projected as the year of delivery for residential projects, which have remained stuck for years giving sleepless nights to the buyers

CoalMin not in favour of CIL stake sale till issues resolved

19 May 2013

Lingering row between CIL and power producers such as NTPC is casting a shadow over 10 % divestment plans in the coal major as its parent ...

Essar's Kenya refinery in trouble despite $1-bn investment plan

19 May 2013

Even as the Ruias promoted Essar Energy plans to pump in nearly $1 billion for upgrading its Mombasa-based Kenya Petroleum Refineries Ltd, the ...

CRPF red flags Home Ministry on Ambani VIP security

19 May 2013

The CRPF, which recently took over the duties of guarding RIL chairman Mukesh Ambani, has raised concerns in ensuring a 'fool proof' Z category ...

Panel to consider 11% stake sale in NHPC tomorrow

19 May 2013

An inter-ministerial panel on disinvestment is scheduled to meet tomorrow to consider 11.36 % stake sale in hydel-power generation company NHPC, ...

Infosys' visa-related costs jump over 50% at Rs 308cr in FY'13

19 May 2013

Stricter norms and higher rejection rate of work permits have pushed up the visa-related cost of country's second largest software services ...

SBI says deposits to grow by 25% in FY14

19 May 2013

State Bank of India is projecting a deposit growth of 25% during the current fiscal compared to 14.85% in 2012-13.

Govt mulls putting cap on preferred seats on airlines

19 May 2013

They said the Civil Aviation Ministry was now looking at framing rules to cap the number of preferential seats the carriers can offer in a ...

New drug policy a welcome move for consumers: Pharma cos

19 May 2013

The new drug price control policy that has recently been notified is likely to be a boon for consumers as it will put an end to the "arbitrary" ...

DGH rejects RIL offer to confirm gas discoveries in KG-D6

19 May 2013

Under pressure from DGH, Reliance Industries has agreed to do separate tests to confirm three natural gas finds in the KG-D6 block but the ...

SAIL Consortium may scale down initial capacity of Afghan plant

19 May 2013

The SAIL-led consortium plans to scale down the size of its proposed steel plant in Afghanistan in the first phase to 1-2 million tonnes per ...

I-T Dept slaps Rs 582 cr tax demand notice on Infosys

19 May 2013

Income Tax department has slapped a fresh $ 106 million (about Rs 582 crore) tax demand notice on Infosys, for 2009 fiscal, adding to the tax ...

Conciliation with Vodafone may need amendments to two laws

19 May 2013

The government may consider amendments to the Income Tax Act of 1961 as well as The Arbitration and Conciliation Act of 1996 to resolve its Rs ...

April M&A tally at $1.66 bn; rise in inbound deals: Thornton

19 May 2013

Corporate India announced merger and acquisition (M&A) transactions worth $ 1.66 billion in April, with inbound deals being the flavour of ...

High street rent up 12% at Delhi's CP, down 12% at Mumbai's Linking Road

18 May 2013

Among other cities, SP Road & Banjara Hills, Hyderabad, were up 8-10%, Usman Road in Chennai was up 9% and Aundh in Pune rose 3-5%

Defence ministry comes to private firms' aid

18 May 2013

Asks FinMin to approve hedging against forex fluctuation risks

Football clubs may cut renewal contracts

18 May 2013

While there is an upward revision due next month, the buzz is that foreign players will get same pay, domestic ones will face cut

Promotions, weddings prop up retail sales in Q4

18 May 2013

Curtailed discount period boosts retailers' margins

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