Clash with ruling party members ultimately resulted in walkout by Congress legislators

Odisha govt faces heat in assembly over mine mapping work

Business Standard

IIM-L Director said the institute's finances continued to improve even without government grants

IIM-Lucknow awards 581 diplomas

Centre yet to provide Rs 922 cr for recapitalisation

UP to rescue 16 ailing cooperative banks

The decision, however, will not affect the health of the ruling coalition, which still has 40 MLAs in the 70-member House

UKD withdraws support from Bahuguna govt

Press Trust of India

State govt defers loan repayments, partially waives power bills after hailstorm damaged crops

Relief for Madhya Pradesh farmers

The incident occurred on March 15 in Datia district

Congress disrupts Madhya Pradesh Assembly over rape issue

GTL has posted a 1.42 per cent fall in net profit of Rs 81.87 crore for the year ended March 31, 2004, as compared to Rs 83.04 crore in the year ended March 31, 2003. 


GTL bottomline dips to Rs 81.87 crore

The Shyam and Hari Bhartiya-promoted Jubilant Organosys has announced a 156 per cent rise in its net profit to Rs 25.6 crore for the fourth quarter ended March 31, 2004, against a net profit of Rs 10

Jubilant Organosys net up 67% to Rs 80 cr

Driven by strong growth in sponge iron and viscose staple fibre business, Grasim Industries has announced a Rs 282.1 crore net profit for the fourth quarter ended March 2004. 


Grasim net soars 112% to Rs 779 crore

The Supreme Court last week imposed Rs 50 lakh as exemplary costs while dismissing the appeal of PGF Ltd against the order of the Punjab and Haryana high court for committing investment irregularities.

Penalty on investment company

Many observers have found it difficult to understand why the Finance Minister was acting rather helpless about what can be done to curb the current account deficit.

Current account deficit solution lies with Reserve Bank of India

In any conference on corporate governance or training programme for senior company executives, you listen the murmur that the auditing profession has fallen from grace. If not many, at least a few believe that there is some truth in that perception. The perception is built around major audit failures in recent times (e.g., Satyam, WorldCom and Enron). The perception strengthens by the belief that the companies are managed unscrupulously with the aid of the auditor or because the auditor compromises its independence. The perception gets further strengthened when regulators bring new regulations to protect the audit independence, such as, provisions in the Companies Bill 2012 relating to rotation of auditors and constitution of the National Financial Reporting Authority with power to oversee the profession and to investigate professional misconduct.A major audit failure does not necessarily reflect the failure of the auditing profession. The failure of Arthur Anderson (one of the Big Fiv

Accounting profession: Fallen from grace?

Inadequate infrastructure and transportation has been India's biggest hurdles in the growth and development of its economy.

Open sky: Controversy put to rest

Opposition Left Front holds crucial meeting to negotiate on seat adjustment with its allies in all 17 districts

LF seat sharing talks for rural polls to be over by March 23

The recent Budget proposal which links tax benefits on account of home loans up to Rs 25 lakh may invigorate the Kolkata real estate market more than any other major metro city

Tax benefits on home loans may boost Kolkata real estate market

The state industry department has asked the Odisha Industrial Infrastructure Development Corporation (Idco) to formulate the draft memorandum of understanding (MoU) to be signed with Indian Oil Corporation Ltd (IOCL) after due consultation with district government pleader to avoid litigations.The Petroleum and Natural Gas Regulatory Board (PNGRB), the upstream regulator for the petroleum sector, had already identified nine locations in the state such as Bhubaneswar, Khurda, Rourkela, Bhadrak, Jajpur, Anandpur, Baripada, Balasore and Kamakhyanagar for development of the city gas distribution network (CGD).The CGD network would involve the distribution of compressed natural gas (CNG) and LNG for domestic and industrial use through pipelines.The state government is taking enough care to avoid controversies for the project as two iron ore slurry pipeline projects of Essar Steel and Brahmani River Pellet Ltd, a subsidiary of UK-based Stemcor, are still locked in legal tangles.Sources said,

Odisha industry dept asks Idco to frame draft MoU for gas pipeline project

BS Reporter

Congress is hoping for a revival in the state during the Assembly polls

Poll fever rising ahead of Karnataka Assembly elections

Rising number of cases are not only a social concern, but also can be a burden on the healthcare system and could impact economic

Dharwad among high risk districts in HIV/AIDS

While Rs 200 cr loans would be tied up from banks, promoters would invest the remaining as equity

SEIL to tie up funds for pellet plant soon

Goa's iron ore industry has urged state govt not to levy additional taxes on it during the forthcoming state Budget to be presented on Monday

Mining industry urges Goa govt not to tax it more

At project cost of Rs 2,000 cr, DBS aims to achieve large scale mass production of houses that are affordable and financed through savings and credit systems

DBS to build 25,000 affordable homes in A'bad in five years

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