Germany's Audi rules out entry into Formula One racing

Last Updated: Monday, May 18, 2015, 18:15

Germany`s Audi has no plans to enter Formula One, the company said on Monday, seeking to end speculation that the sportscar maker was tempted to broaden its commitment to motor racing.

Cairn seeks revision in Rajasthan block's pricing formula

Last Updated: Monday, May 18, 2015, 16:22

Cairn India has demanded a change in the pricing formula for crude oil from its prolific Rajasthan block saying the current pricing mechanism does not capture the full value of oil.

Ficci suggests vehicle replacement policy to Government

Last Updated: Wednesday, May 13, 2015, 17:55

Central Government may provide subsidy for replacement of old vehicle, wherein 50% could be borne by the State, addressing the high cost concerns.

Mahindra to showcase electric vehicle expertise in Miami

Last Updated: Saturday, March 14, 2015, 14:08

Mahindra is among the 10 teams competing in Formula E, the world's first fully-electric racing series.

Stable policy regime must for investments in gas sector: Expert

Last Updated: Wednesday, February 18, 2015, 14:24

Slamming the new natural gas formula as making "no sense", world renowned energy expert Fereidun Fesharaki has said only guaranteed market prices along with stable policy regime would bring in investments from global majors.

Govt looks at divestment in oil PSUs, new subsidy sharing way

Last Updated: Thursday, January 8, 2015, 18:59

With disinvestment in ONGC stuck due to subsidy woes, the government is looking at selling stake in other oil PSUs like Oil India Ltd (OIL) and gas utility GAIL India to meet its revenue targets.

Etihad supports more than 2 lakh jobs in America: James Hogan

Last Updated: Thursday, December 11, 2014, 15:17

Orders amounting to nearly USD 37 billion by Abu Dhabi-based Etihad Airways for new Boeing aircraft is supporting more than 200,000 American jobs for almost a decade, according to airline's CEO James Hogan.

Jerez Test: Renault have work cut out after Red Bull Racing woes

Last Updated: Saturday, February 1, 2014, 15:36

Renault recognised they faced a "litany of issues" with their new Formula One engine on Friday after problems forced champions Red Bull to end the first pre-season test early and with barely any laps completed.

Force India`s Perez fifth on day two of pre-season testing

Last Updated: Thursday, January 30, 2014, 18:34

Sergio Perez set the fifth best time, though the Mexican brought out the second red flag of the day when his Force India VJM07 came to a smoking halt at Turn 1 on the second day of pre-season testing, here.

Jenson Button fastest once more in morning test

Last Updated: Thursday, January 30, 2014, 18:32

British former Formula One world champion Jenson Button led the way for a second consecutive day after Thursday`s morning session on day three of pre-season testing in Jerez, southern Spain.

Schumacher team gives no confirmation on `gradually woken up from coma` reports

Last Updated: Thursday, January 30, 2014, 14:22

Formula One legend Michael Schumacher is reportedly being woken up from his medically-induced coma gradually and is `positively` responding to medical treatment, although there is still no official word from his management team.