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The finance ministry has issued a “comfort letter” that promises Rs 25,000 crore additional subsidy to state-run oil firms to compensate them for selling diesel, kerosene and domestic LPG at regulated prices.... | Read..
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State-run ONGC’s net profit fell 17.5 per cent to Rs 5,563 crore during the October-December quarter of the current fiscal from Rs 6,741 crore a year ago on account... | Read..
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Telecom service provider Reliance Communications Ltd (R-Com) today entered into a $1-billion deal with Ericsson to operate and manage its wireline and wireless networks i... | Read..
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Mutual fund houses have started rolling out schemes under the Rajiv Gandhi Equity Saving Scheme (RGESS), which offers a tax break to first-time investors to draw them int... | Read..
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General insurer Bajaj Allianz will focus on the health segment to beat the slowdown in the automobile sector, which makes up bulk of its business.... | Read..
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Food company Britannia Industries Ltd has posted a 5.34 per cent rise in standalone net profit at Rs 56.96 crore for the... | Read..
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Ulrich Hackenberg isn’t yet a household name but if Volkswagen’s $70-billion bet on his big idea pays off, he ma... | Read..
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Car sales are set to enter the negative territory in fiscal 2012-13 for the first time in a decade, with slow economic g... | Read..
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Arvind Lifestyle Brands, a subsidiary of Arvind Ltd, today signed an agreement with US-based Hanesbrands Inc to market a... | Read..
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Emami Ltd, the city-based FMCG firm, is weighing a price hike of about 4-5 per cent on select summer products over the n... | Read..
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Briefs
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