
Mumbai: Corporate Affairs Minister Veerappa Moily on Friday said he is hopeful about the New Companies Bill getting passed in the Monsoon Session. "Since the Standing Committee of Parliament has concluded its deliberations on the New Companies Bill, I expect it to submit it to the ministry soon and table it in the Monsoon Session," Moily told reporters in Mumbai on the sidelines of a function on Friday. Claiming that...

11:52 PM, Jun 01, 2012

New Delhi: Petrol prices may be revised on Friday with companies talking about a scope of cutting rates by Rs 1.50-1.60 a litre. On a day when BJP-led NDA and the Left parties called a Bharat Bandh against petrol price hike, the government appeared in no mood to announce a cut. "To my mind, there will be no revision in rates tonight," a senior official at one of the three...

09:45 PM, May 31, 2012

New Delhi: Defence Minister AK Antony on Tuesday slammed the UPA government for the steepest ever petrol price hike, saying it was not a correct step and that the oil companies should have shown some "propriety" before hiking the prices. "The hike in petrol price was not a correct step," Antony said, adding, "The oil companies should have shown some propriety." The UPA government is under intense pressure from even...

07:50 PM, May 29, 2012

Amid raging protests by parties cutting across the political spectrum for a partial rollback on the petrol price hike, Chief Economic Advisor Kaushik Basu has said that a rollback of any kind will hurt India's fiscal deficit target badly, leading to price increase in general. In an interview with Karan Thapar on 'Devil's Advocate', the Chief Economic Advisor said that oil price regulations had to be made in such a...

08:10 PM, May 26, 2012

Mumbai: The UPA government came under intense pressure on Thursday from within the ruling coalition and protesters to roll back the steepest petrol price hike in the country's history, less than 24 hours after it took the unpopular decision cheered by investors. There had been signs that the beleaguered government was preparing to take the bolder step of cutting subsidies on other fuels weighing on its budget deficit, but after...

09:35 PM, May 24, 2012

New Delhi: The sharpest petrol price hike that was announced on Wednesday evening by oil companies is not the only burden that the UPA government has given to the common man on its third anniversary. Sources say the Empowered Group of Ministers (EGoM) will meet on Friday to discuss a possible hike in diesel and LPG prices too. Sources also say that oil companies are pushing for a Rs 5...

07:45 AM, May 24, 2012

New Delhi: Petrol prices have been increased by Rs 7.50 a litre from midnight. Here are the rates of petrol in four major metros: Petrol in Delhi currently costs Rs 65.64 a litre and after Rs 7.54 increase it will be priced at Rs 73.14 per litre. In Mumbai, the petrol now costs Rs 70.66 a litre but after midnight it will go up to Rs 78.16. Kolkata too faces...

06:34 PM, May 23, 2012

A parliamentary panel says some doctors are colluding with big pharmaceutical companies to sell unsafe drugs to the Indian consumers. ...

11:58 PM, May 15, 2012

New Delhi: The Intelligence Bureau has issued an alert of a possible terror strike in Gujarat. A specific input from the Intelligence Bureau indicated that six terrorists from the Lashkar-e-Taiba are likely to target Ahmedabad and Jamnagar. Police on Saturday searched residential areas around major petroleum refiners in the Jamnagar city, and released photographs of six suspected LeT terrorists. Coast Guard has beefed up the security along the Jamangar coast...

09:39 PM, May 05, 2012

New Delhi: A special CBI court will on Thursday begin hearing arguments on charges against Loop Telecom and the Essar Group in 2G spectrum allocation scam case. The court would also take up applications seeking a shield against arrest filed by Essar Group promoters Ravi Ruia and Anshuman Ruia, Loop Telecom promoters IP Khaitan and Kiran Khaitan and Essar group director Essar Group director (strategy and Planning) Vikas Saraf. A...

06:42 AM, May 03, 2012

New Delhi: The CEOs of five telecom companies on Saturday wrote a joint letter to Kapil Sibal seeking an 80 per cent cut in the spectrum reserve price. The CEOs included Sanjay Kapoor, Marten Pieters, Himanshu Kapania, Sigve Brekke and Arvind Bali. In the letter, the CEOs warned high spectrum price will lead to 25-30 per cent tariff hike. They also sought all available spectrum to be auctioned. They warned...

02:28 PM, Apr 28, 2012

New Delhi: A Delhi court will on Saturday hear the bail applications of Essar and Loop promoters, named as accused in a case flowing out of the 2G spectrum allocation scam. Essar group promoters Ravi and Anshuman Ruia and Loop Telecom promoters IP Khaitan and Kiran Khaitan had moved their bail pleas after they appeared before Special CBI Judge OP Saini on March 31, 2012. The CBI has charged them...

06:05 AM, Apr 21, 2012

Indian Power Brands is the solution to all the companies and brands which are putting India on the world. ...

08:20 PM, Apr 15, 2012

New Delhi: After three rounds of price hike, state-owned oil companies today announced a reduction in jet fuel prices by a marginal Rs 170 per kilolitre (kl). The price of aviation turbine fuel (ATF), or jet fuel, in Delhi was reduced by Rs 169.3 per kl, or 0.25 per cent, to Rs 67,631 effective from Sunday midnight, Indian Oil Corp, making the announcement on behalf of the industry, said. The...

06:32 PM, Apr 15, 2012

Manesar: Prime Minister Manmohan Singh on Friday expressed the hope that the new Companies Bill, which seeks to update corporate law and promote CSR, will be passed by Parliament shortly. "The Companies Bill presently under consideration of Parliament seeks to to provide a further fillip to the cause of corporate social responsibility (CSR) and corporate governance and investor protection. I expect the Bill to be passed shortly," he said at...

06:37 PM, Apr 13, 2012