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New Delhi: Barely a fortnight after the Competition Commission of India imposed a R630-crore penalty on DLF, the anti-trust regulator on Tuesday passed yet another order against the company for misusing its dominant position in the property of Park Place in Gurgaon and thereby breaching Section...

New Delhi: Finance minister Pranab Mukherjee said on Monday India would emerge stronger from the global economic crisis and serve as a safe haven for global investors. “We could be a source of stability for the world economy and provide the safe havens for restless global capital,” he said while...

NEW DELHI: The central government's fiscal deficit surged more than 2 fold to Rs 2.2 lakh crore during the first four months of the current fiscal, on account of low revenue realisation and higher expenditure.

The deficit was Rs 90,915 crore in April-July period of 2010.

Fiscal...

As part of the government’s plan to raise Rs 40,000 crore from disinvestment in the current financial year, the Cabinet Committee on Economic Affairs on Tuesday approved offloading 5 per cent paid-up equity of Bharat Heavy Electricals Ltd (BHEL) through book-building process in the domestic...

Rourkela Steel Plant (RSP) has completed the first five months of the current fiscal by continuing the growth tempo in production performance. The plant has produced 9,28,488 tonnes of Hot Metal, 8,78,073 tones of total crude steel and 8,56,280 tones of total saleable steel during April-August...

As per latest media reports, almost all Indian airlines are planning to increase airfares in range of 8-15% for different routes. The airlines are expecting higher numbers due to festive season and feel that it will be the right time to get better margins.

Indigo has started international...

As per latest media reports, almost all Indian airlines are planning to increase airfares in range of 8-15% for different routes. The airlines are expecting higher numbers due to festive season and feel that it will be the right time to get better margins.

Indigo has started international...

Mumbai: Essar Oil Ltd, a subsidiary of Essar Energy, today announced the successful commissioning of a new Isomerization (ISOM) Unit at its Vadinar Refinery.

The 0.7 MMTPA (million metric tonnes per annum) ISOM Unit is a key component of the Phase I expansion of the company’s Vadinar...

New Delhi: Reeling under the economic slump in the United States (US), a sovereign debt crisis in Europe and a sluggish economic growth in Japan, the exporters in India are expecting the government to announce an Amnesty Scheme to bail them out of the current crisis in international markets,...