RIL to start commercial telecoms operations by Dec

Last Updated: Friday, June 12, 2015, 12:41

Speaking at the company`s annual meeting of shareholders, Ambani, India`s richest man, said the telecoms unit will initiate a test launch over the next few months and that the fiscal year to March 2017 will be the first full year of its commercial operations.

EU chief rebukes Greece, demands swift debt plan

Last Updated: Sunday, June 7, 2015, 23:05

He urged Athens to put its own ideas on the table swiftly to enable talks to resume on the sidelines of an EU-Latin America summit on Wednesday in Brussels.

Govt asks SBI Cap to review Air India's Turnaround Plan

Last Updated: Thursday, June 4, 2015, 22:05

The government has asked SBI Capital Markets to review Air India's Turnaround Plan (TAP) and submit a report to it within three months, a move which comes following "drastic changes" in the ground situation in the last three years.

'Contingency plan soon to deal with deficient monsoon'

Last Updated: Thursday, June 4, 2015, 16:44

Under the contingency plan, the government proposes to use the Rs 500-crore price stabilisation fund to ensure availability of essential commodities at reasonable cost.

Cipla gets USFDA nod for Lopinavir, Ritonavir oral pellets

Last Updated: Wednesday, June 3, 2015, 17:06

The company stock closed at Rs 634.90, down 0.95 per cent, on the BSE.

Goverment talks of contingency plan to tackle power woes

Last Updated: Wednesday, June 3, 2015, 16:15

"Today, we have stocks which can run these power plants for almost 20-22 days continously...," the minister said, adding that the buffer stock has been built up. "Power plants are ready to produce more. They have sufficient capacity in the system. Sufficient contingency plans have been drawn up," the minister said.

Power Grid plans to invest Rs 22,500 crore in FY16

Last Updated: Tuesday, June 2, 2015, 18:00

State-run transmission utility Power Grid Corporation (PGCIL) is planning to invest Rs 22,500 crore this fiscal to fuel its expansion plans.

Greece submits new, 'realistic' reform plan: Alexis Tsipras

Last Updated: Tuesday, June 2, 2015, 17:58

"Last night a complete plan was submitted... a realistic plan to take the country out of the crisis," Prime Minister Alexis Tsipras told reporters in Athens.

RCom to invest up to Rs 2,000 cr this fiscal

Last Updated: Sunday, May 31, 2015, 12:11

RCom has already raised USD 300 million early this month for capital expenditure.

India has some of the smartest engineers: Snapdeal's Bansal

Last Updated: Saturday, May 30, 2015, 12:26

Following criticism by rival Flipkart over comments on lack of quality engineers in the country, Snapdeal co-founder Rohit Bansal clarified that while India has some of the "smartest engineers on the planet", other geographies have built out far more at-scale products.

Now, Flipkart takes a dig at Snapdeal

Last Updated: Friday, May 29, 2015, 15:49

Escalating their business rivalry on Twitter, Flipkart co-founder Sachin Bansal on Friday took pot shots at Snapdeal saying India should not be blamed for the latter's failure to hire "great engineers".

Coal, medicine, trains top Tokyo's Asia infrastructure plan

Last Updated: Friday, May 22, 2015, 15:24

Abe announced the commitment, topping the USD 100 billion China set for its newly created Asian Infrastructure Investment Bank, yesterday with an explicit pledge to make a "treasure trove" of Mongolia's vast reserves of brown coal, regarded as too polluting for power generation.