A temporary national cess on some items is in the works to fund rehabilitation in states struck by natural calamities.
Market pundits were scrambling to find explanations for the sudden precipitous fall on the bourses on Friday.
Friday’s market crash has put the spotlight on whether at least some of these firms will have to bear the adverse impact of a liquidity crunch.
By Our Special Correspondent
By A Staff Reporter
Mysterious plunge and inexplicable clawback
Reliance Industries has permanently shut down its only oilfield in the KG-D6 block due to its dwindling output.
The paper and packaging arm of the Emami Group is setting up the plant at a proposed investment of Rs 2,000 crore.
Both resident and non-resident Indians can now hold a non-controlling stake in foreign portfolio investors, subject to certain conditions.
The Centre will take a cue from global experiences in operating petroleum, chemical and petrochemical investment regions.