October 21, 2014 23:27 (IST)
Jewellery and coin sales sparkled on Dhanteras on Tuesday with sales rising by an estimated 30 per cent from last year as customers went on a buying spree lured by lower gold and silver prices.
October 21, 2014 23:26 (IST)
JSPL, whose coal blocks were among those cancelled by the Supreme Court, on Tuesday exuded confidence that it will be allowed to take part in the proposed auction of mines.
October 21, 2014 21:42 (IST)
Customers who have not complied with KYC (know your customer) requirements despite repeated reminders may face trouble as the Reserve Bank of India (RBI) has asked banks to partially freeze and subsequently close such accounts.
October 21, 2014 20:33 (IST)
India's oil consumption rose nearly 3 per cent in September while diesel sales fell for the second time this fiscal year.
October 21, 2014 20:30 (IST)
The diversified Aditya Birla Group has submitted a bid for the Brazilian and the Philippine assets of cement industry leaders Lafarge and Holcim, two persons directly involved in the transaction said.
October 21, 2014 19:37 (IST)
Reliance Industries will get 33 per cent higher gas price of $5.61 per mmBtu for output from MA field in the KG-D6 block, but its main D1&D3 fields will continue to get old rate of $4.2.
October 21, 2014 18:26 (IST)
The e-auction of coal blocks for private companies on Tuesday received the nod from President Pranab Mukherjee who promulgated an Ordinance cleared by the Union Cabinet in the backdrop of a Supreme Court order quashing 214 coal blocks to companies since 1993.
October 21, 2014 18:19 (IST)
French building materials group Saint-Gobain will open a glass plant at Bhiwadi in Rajasthan next week with an investment of $185 million (Rs 1,000 crore) to strengthen its position in India's glass market.
October 21, 2014 18:19 (IST)
Tata Motors and Nissan Motor India, besides the Society of Indian Automobile Manufacturers (SIAM), on Tuesday welcomed the government's move to deregulate diesel prices in the country.
October 21, 2014 16:59 (IST)
An ordinance or executive order that allows commercial mining for domestic companies will lead to investments and surplus in the coal sector and state governments can start using the enabling provision in it after the first round of coal mine auctions, likely to be completed in three or four months, Finance Minister Arun Jaitley told NDTV today.
October 21, 2014 16:37 (IST)
That means NSEL's liabilities will fall on Financial Technologies, traders said.
Reported By: Heena Gambhir | October 21, 2014 16:32 (IST)
Oil Minister Dharmendra Pradhan said in an interview to NDTV that the move to deregulate diesel prices is a "well thought decision" and the markets are appreciating it. He also said that as the world is seeing some stability in oil prices, it is the best time to make the most of this opportunity.
October 21, 2014 16:16 (IST)
Brent crude oil held gains around $86 a barrel on Tuesday as news of robust Chinese oil demand buoyed the market, although prices were capped by oversupply and concerns about the health of the rest of the global economy.
October 21, 2014 15:00 (IST)
Looking to bolster its overseas presence, drug major Lupin is scouting for acquisition opportunities in the US market, especially in inhalers and injectables segments.
October 21, 2014 14:42 (IST)
Natco Pharma on Tuesday said its marketing partner in the US, Breckenridge Pharmaceutical Inc, has received a tentative approval from the United States Food and Drug Administration (FDA) for a generic tablet used for improving wakefulness in adults. Shares rose as much as 6.6 per cent during the day.
October 21, 2014 12:58 (IST)
The Narendra Modi government has set in place building blocks for reforms in the coal sector with the cabinet recommending an Ordinance or executive order with a provision to allow commercial mining for domestic companies, though it has set no timeline for this. The move comes days after the government kicked off reforms in the energy sector by decontrolling diesel prices and hiking gas prices.
October 20, 2014 23:49 (IST)
State Bank of India is determined to carry on retail banking operations in the UK despite a recent crackdown by the Bank of England on the operations of foreign-owned banks in the country.
October 20, 2014 23:16 (IST)
Tata Consultancy Services, India's largest software exporter, has joined US-based Information Technology Industry Council (ITI), an IT services, consulting and business solutions organisation, it was announced on Monday.
October 20, 2014 22:49 (IST)
The government has set up a committee to frame bankruptcy law to enable entrepreneurs to close down unviable businesses.
October 20, 2014 22:41 (IST)
The scrapping of diesel price controls by the government opens the door for private sector refiners to return to a domestic retail market from which they have been excluded for years because they could not compete with state firms.