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GAIL in pipeline push

State-owned GAIL (India) Ltd has started work on the 2,050-km Jagdishpur-Phulpur- Haldia natural gas pipeline. In the first phase, the gas major will lay approximately 750 km of pipeline at an...   | Read..

USL bares scan notices

The ministry of corporate affairs (MCA) and the income tax department have sent separate notices to United Spirits (USL), wanting to inspect its books after the company...   | Read..

Loss at Rs 1,800cr

United Spirits' (USL) March-quarter standalone net loss stood at Rs 1,799.28 crore against a net loss of Rs 5,380.10 crore in the year-ago period.   | Read..

Wipro CEO gets a 33% hike in pay

Wipro chief executive T.K. Kurien took home a pay package of over $1.46 million in 2014-15, much more than the salary drawn by the highest paid executives at Infosys during...   | Read..

Solar power auction on govt agenda

The Centre plans to auction 15,877MW of capacity in 17 approved solar parks this year and is considering dollar tariff in some cases to encourage foreign investments.   | Read..

Daimler bus unit in Chennai

Daimler India Commercial Vehicles Pvt Ltd, a 100 per cent subsidiary of Stuttgart-based Daimler, today inaugurated a bus facility in Chennai, set up at an investment of Rs...   | Read..

Appetite for equities

Domestic households are expected to put in a massive $300 billion (about Rs 19 lakh crore) in equities over the next 10 years, a report by Morgan Stanley has said.   | Read..

Merger leeway for foreign firms

In a fresh move to improve ease of doing business in the country, the government has said the approval of the Foreign Investment Promotion Board (FIPB) would not be...   | Read..

Bata posts 48% rise in profit

Footwear major Bata India has reported a 48.3 per cent jump in net profit at Rs 58.43 crore for the quarter ended March, helped by a gain of Rs 23.92 crore accruing from...   | Read..
GAIL in pipeline push

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