New Delhi, Aug. 24: The government today set up a 21-member panel, including representatives from the government and regulatory authorities and industry leaders such as Anand Mahindra and Kumar Mangalam Birla, to suggest ways to reform the regulatory environment for doing business in India. The committee, headed by former Sebi chairman M. Damodaran, will prepare a report within six months and submit it to the government.
Mumbai, Aug. 24: Larsen & Toubro will divest stake in its infrastructure development arm to unlock value and support future business growth, chairman and managing director A.M. Naik said today.
New Delhi, Aug. 24: Finance minister P. Chidambaram today hoped that the constitutional amendment bill to implement the goods and services tax (GST) would be passed by March 2013.
Mumbai, Aug. 24: State-run Oil and Natural Gas Corporation (ONGC) has signed an agreement with Mitsui & Company of Japan for wide ranging co-operation in gas and LNG businesses.
